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
Leya [2.2K]
2 years ago
14

Kristi invests $3,000 at a 7.25% annual simple interest rate, and her sister Kari invests $3,200 at a 6.25% annual simple intere

st rate. Which of the two will earn the greater amount of interest after one year?
Mathematics
1 answer:
True [87]2 years ago
3 0

Answer:

Kristi

Step-by-step explanation:

The formula for Simple Interest =

Principal × Rate × Time

For Kristi

Kristi invests $3,000 at a 7.25% annual simple interest rate,

Principal = $3000

Rate = 7.25% = 0.0725

Time = 1

Simple interest = $3000 × 0.0725 × 1

= $217.5

For Kari

Her sister Kari invests $3,200 at a 6.25% annual simple interest rate.

Principal = $3200

Rate = 6.25% = 0.0625

Time = 1

Simple interest = $3200 × 0.0625 × 1

= $200

From the above calculation, we can see that: Kristi will earn the greater amount of interest after one year

You might be interested in
In the linear equation y=4x +2, the value “2” represents which of the following?
s2008m [1.1K]

Answer:

The y-intercept

4 0
3 years ago
Read 2 more answers
Which shows the correct way to use expanded form to multiply 38,070 × 100?
Arada [10]

Answer:

domt know which one but this may help

Step-by-step explanation:

when you take 38707 into consideration the 3 would be 30,000 the 8 would be 8,000 and the 7 would be 70

7 0
3 years ago
A farmer harvests 15 cucumbers for every 45 carrots. Which of the following ratios represents the ratio of cucumbers to carrots,
Sever21 [200]
15 cucumbers to 45 carrots...

so the ratio of cucumbers to carrots is : 15/45 which reduces to 1/3 <==
5 0
3 years ago
Read 2 more answers
How do I do 3 x 10^5
Ilya [14]

Answer: 3(10^5)

=3*10^5

=3*(10*10*10*10*10)

=300000

This is how you should do It, just when it is squared you should times the number like up here you times 10 times 10 5 times so if you see it you don't times it by 5 you do 10 times 10 times 10 times 10 times 10 like this

You should get it now

Have a good day

Yours,

Nathaniel

Step-by-step explanation:

4 0
2 years ago
If the original quantity is 10 and the new quantity is 6, what is percent increase
Ad libitum [116K]

Answer:

Using the percentage difference formula you can find the percentage decrease.

SO its

100(new-old/new)

So we solve

10-6=4

4/10= 2/5

2/5*100=200/5

40

40 percent decrease

3 0
2 years ago
Other questions:
  • If you earn $2850 per month and you expect your earnings to increase by 6.6% per year, how much do you think you will be making
    11·1 answer
  • Which is a solution of x2 – x – StartFraction 3 Over 4 EndFraction = 0?
    12·2 answers
  • Circle 1 is centered at (5, 8) and has a radius of 8 centimeters. Circle 2 is centered at (1, −2) and has a radius of 4 centimet
    15·1 answer
  • A motorboat can maintain a constant speed of 17 miles
    13·1 answer
  • How can models help you rename a mixed number as an improper fraction of an improper fraction as a mixed mixed number?
    7·1 answer
  • Which of the following expressions could be used to represent "the difference between -17 and -8"?
    14·1 answer
  • I need the answer... PLZ PLZ
    7·1 answer
  • Please answer my question online schools been hard for me
    12·1 answer
  • Could you help me with this? I am very bad at math i need help ​
    9·1 answer
  • The method of least squares of residuals is commonly used to get the best fit with linear regression. The reason why the absolut
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!