1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
likoan [24]
3 years ago
12

Mr. Champion invests 34,000 into a money-market fund that pays 4.8% simple interest. How long will it take for him to earn $8,16

0 in simple interest?
Pls show all work
Mathematics
1 answer:
Tanzania [10]3 years ago
4 0

Answer:

5 years

Step-by-step explanation:

Step one:

Given Information

Principal= $34,000

rate = 4.8%

SImple interest = $8,160

Required

The time T of the investment

Step two:

the expression for simple interest is

SI= PRT/100

substitute

8160 = 34000*4.8*T/100

cross multiply we have

8160*100= 34000*4.8*T\\\\816000= 163200T\\\\

divide both sides by 163200

816000/163200= T\\\\T= 5 years

You might be interested in
Who want their homeowok done for less than 8 dollars<br><br><br> 5th to 10th grade only
Andru [333]

Answer:

So ppl are basically paying u to get their answers done..

Step-by-step explanation:

5 0
3 years ago
The perimeter of a rectangular chicken coop is 44 feet. The width is w feet and the length is w + 4 feet. What are the length an
Kaylis [27]

Answer:

w = 9 ft

l = 13 ft

Step-by-step explanation:

2w + 2(w+4) = 44

simplify:

4w + 8 = 44

4w = 36

w = 9 ft

l = 13 ft

8 0
3 years ago
What is 987 in expanded notation as an addition expression
Elena L [17]
Well 900 + 80 + 7 = 987
3 0
3 years ago
Read 2 more answers
Suppose the following data set represents the starting salaries for the population of teachers from eight states:
yuradex [85]

Answer:

a) The mean of the data set is $33,691.13 and can be calculated by finding the average of the sum of the eight salaries.

b) The five number of the data set is {27,274; 30,421; 32,941.5; 35,682; 44,166} and can be calculated by finding the minimum, maximum, median, and interquartile range values.

c) The standard deviation of the data set is 4773.50 and can be calculated by finding the square root of the average of the sum of the differences from the mean squared.

5 0
2 years ago
Please help me pls 7tyh grade math
Andrews [41]
(4/7)-(1/3)
(12/31)-(7/21)
(5/21) is left
Or
In decimal form
(4/7)=0.571
(1/3)= 0.333
0.571-0.333
=0.238
8 0
3 years ago
Other questions:
  • Mr. sharrone can paper a room in 3 hours. his assistant needs 5 hours. if mr. sharrone works 1 hour and then his assistant compl
    8·1 answer
  • What does N equal? I am stuck and need all the help I can get.
    8·1 answer
  • 20 ounces of cereal for 4.40 or 16 ounces of the same brand for 3.68 which is the better buy
    15·1 answer
  • Which quadrilateral with side lengths shown will have a perimeter of 25 meters?
    11·2 answers
  • How are u supposed to find the area without knowing what x is?
    6·1 answer
  • F(x) = 4x – 2<br> g(x) = -3x2 – 7x + 4<br> Find: f(x) · g(x)<br><br> HeLP
    5·1 answer
  • If you dig a 12 feet hole and you cover up that hole how deep is that hole
    15·2 answers
  • Please help its due in a hour
    8·1 answer
  • In a financial crisis, the number of bankruptcies will likely be ____ and the company profits will likely be O A. larger; larger
    11·2 answers
  • Two-Variable Statistics:Question 2
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!