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spin [16.1K]
2 years ago
8

If a Canada savings Bond is worth $6225 after 7 years, and was originally bought for $5000, what was the annual simple interest

rate? Answer as a percentage.
[Formulas are,
[I = P, R, T]
[A = P + I]
[A = P(1 + R times T)
Mathematics
1 answer:
Ede4ka [16]2 years ago
7 0

Answer:

3.5%

Step-by-step explanation:

Given data

A=$6225

P=$5000

T= 7years

R=???

Simple interest

A=P(1+rt)

substitute

6225=5000(1+7r)

6225=5000+35000r

collect like terms

6225-5000=35000r

1225=35000r

r= 1225/35000

r=0.035

Hence the rate is 0.035*100= 3.5%

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6x+5y+2z=41<br> 4x-10z=-10<br> -x-2y+2z=-1
Rasek [7]
\left[x \right] = \left[ \frac{5\,y}{158}+\frac{6\,z}{79}\right][x]=[​158​​5y​​+​79​​6z​​]
3 0
3 years ago
Topic: Absolute Value Equations and Inequalities
jolli1 [7]

The values of  x are -22 and -2 and there are not extraneous solutions

<h3>How to solve the equation?</h3>

The equation is given as:

2|x + 7|= x - 8

Expand the absolute bracket

|2x + 14|= x - 8

Remove the absolute bracket

2x + 14 = x - 8 and 2x + 14 = -x + 8

Evaluate the like terms

x = -22 and 3x = -6

This gives

x = -22 and x = -2

Hence, the values of  x are -22 and -2 and there are not extraneous solutions

Read more about absolute value expressions at:

brainly.com/question/24368848

#SPJ1

4 0
1 year ago
31
VashaNatasha [74]
The answer is , c. 3.4 lol
6 0
3 years ago
A military aircraft can travel 740 miles per hour. The distance between Tyndall Air Force Base in Florida and Lakenheath Air For
BARSIC [14]

Answer: 3.5 h

Step-by-step explanation:

<u>1. Data:</u>

a) s = 740 miles / h

b) d = 2,567 miles

c) t = ?

<u>2. Equation:</u>

  • speed = distance / time
  • s = d / t

<u>3. Solution:</u>

  • Solve the equation for t:

        s = d / t ⇒ t = d / s

  • Substitute values:

        t = 2,567 miles / (740 miles/h) ≈ 3.47 h ≈ 3.5 h

   

5 0
3 years ago
Mary who is 13 years old wants to have $8500 to travel to Argentina when she’s 21 years old. She currently has $6439 in savings
marishachu [46]

Answer:

a; she will have $8812

b: It will be enough for her trip

Step-by-step explanation:

In this question, we are tasked with calculating how much a certain value in a savings account that is earning an interest that is compounded annually will be worth.

To calculate this, we use the compound interest formula;

A = P((1+r/n)^{nt}

Where A is the amount after that number of years which of course we want to calculate

P is the principal amount which is the amount we are investing which is $6439 according to the question

r is the interest rate which is 4% = 4/100 = 0.04

t is the time which is 8 years

n is 1 which is the number of times interest will be compounded annually

We plug these values as follows;

A = 6439(1 + 0.04/1)^8

A = 6439(1.04)^8

A = $8,812.22

This amount is greater then the needed $8,500 for the trip and of course it will be enough

8 0
3 years ago
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