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riadik2000 [5.3K]
3 years ago
13

You were born, your mother deposited 2000 in an account that pays 5% simple interest. How much would the balance be in your acco

unt when you enter college 18 years after?
A. 18000
B. 1800
C. 3800
D. 20000
Mathematics
1 answer:
leonid [27]3 years ago
8 0

Answer:

C

Step-by-step explanation:

the formula for simple interest is given as A=P(1+rt), where A is the final balance, P is the initial principal balance (the amount of money that you start out with), r is the annual interest rate, and t is the time

we know that the mom deposited 2000 into an account when the person was born. This is our initial principal balance (the amount of money started out with)

substitute that value into the formula to get:

A=2000(1+rt)

we also know the rate, which is 5% and the time, which is 18

5%=0.05 (we need it as a decimal)

so substituting the values into the equation:

A=2000(1+0.05*18)

A=2000(1+0.9)

A=2000(1.9)

A=3,800

therefore the answer is C

Hope this helps!

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ololo11 [35]

Answer: 22%, 0.22, 11/50

Step-by-step explanation:

As a percent, 44/200 × 100 =

0.22 × 100

= 22%

As a decimal, divide 44 by 200 using a calculator; 44÷200 = 0.22

As a fraction in the simplest form, 44/200, we find the greatest common factor for the numerator and denominator, which is 4, divide 4 by numerator = 11

Divide 4 by denominator = 50

44/200 as a fraction = 11/50

5 0
3 years ago
Which expression is equivalent to 6m + (m – 2)(m + 7) + 3?
LuckyWell [14K]

Hello from MrBillDoesMath!

Answer:

m^2 + 11m - 11, which is the first choice


Discussion:

6m +  (m-2)(m+7) +3 =

6m  + (m^2 + 7m - 2m -14) + 3 =

(6m + 7m - 2m) + m^2 + (-14 + 3) =             combine similar terms

11m + m^2 -11 =

m^2 + 11m - 11


which is the first choice


Thank you,

MrB

4 0
3 years ago
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madreJ [45]

Answer:

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Step-by-step explanation:

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4 0
3 years ago
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muminat

Answer:

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3 0
3 years ago
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Lapatulllka [165]
18(12)=216
Because 1000 has 3 zeros, add 3 zeros after 216. Answer is 216,000
5 0
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