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seropon [69]
3 years ago
13

I=$26.24, P=$500, T=18 months the annual interest rate is

Mathematics
1 answer:
NeX [460]3 years ago
7 0
A = $2,861.60

I = A - P = $2,361.60

Equation:
A = P(1 + rt)

Calculation:
First, converting R percent to r a decimal
r = R/100 = 26.24%/100 = 0.2624 per year.

Solving our equation:
A = 500(1 + (0.2624 × 18)) = 2861.6
A = $2,861.60

The total amount accrued, principal plus interest, from simple interest on a principal of $500.00 at a rate of 26.24% per year for 18 years is $2,861.60.
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If you had 1 billion dollars all in $100 dollar bills, how many times could they
RUDIKE [14]

Answer: 1.94 times.

Step-by-step explanation:

Lenght of $100 dollars = 6.14 inches

Lenght of North Carolina = 500 miles long.

Now, in 1 billon = 1,000,000,000

If we divide it by the value of each bill, we will found the number of bills, we have:

N =  1,000,000,000/100 = 10,000,000 bills.

Knowing that each bill is 6.14 inches long, the length of the N bills together is:

6.14in*10,000,000 = 61,400,000 in

Now we need to write this in miles; 63,360 inches is one mile.

Then  61,400,000 in =  (61,400,000/63,360) = 969.1 miles.

Now we can find that:

969.1mi/500 mi = 1.94

This means that with 1 billion dollars all in $100 dollar bills we can stretch them 1.94 times along the length of North Carolina.

6 0
3 years ago
How many solutions does this have?​
olga nikolaevna [1]

Answer:

none ok smrbgeriinjhgfd

6 0
3 years ago
Read 2 more answers
Twice a number is equal to 35 more than seven times the number. Find the number
amm1812

number - n

Twice a number - 2n

Seven times the number - 7n


2n = 7n +35

7n-2n = -35

5n = -35

n = - 7


Check:

2(-7) = 7(-7) +35

-14 = -49 + 35

-14 = -14 True


The number is (- 7).

8 0
4 years ago
On a vacation trip to Canada you realize that the speed limit signs are in km/hour. Unfortunately, your speedometer only reads i
Annette [7]

Answer:

120 km is 74.56 miles so just round that

3 0
3 years ago
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What is the y-intercept of the line given by the equation y equals two x minus nine?
jenyasd209 [6]
Y-Intercept= -9

Your equation is Y=mx+b, and b is the Y-Intercept
8 0
3 years ago
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