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ladessa [460]
2 years ago
11

An employee puts $3,000 into a retirement fund that offers 7% interest compounded annually. The employee makes no other deposits

or withdrawals. Which amount is closest to the interest that the employee will have earned after 4 years?
Mathematics
1 answer:
Nookie1986 [14]2 years ago
7 0

Answer:

$840

Step-by-step explanation:

Given data

Principal = $3000

Rate= 7%

Time= 4 years

The expression for the simple interest is

SI= PRT/100

substitute

SI= 3000*7*4/100

SI= 30*7*4

SI= $840

Hence the interest is $840

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there are 4 sections of seats I the playhouse theatre. each section has 7 groups of seats.each group has 25 seats. how many seat
Nady [450]
To find the number of seats, let's do it using multiplication!

First, to see how many seats are in one big section of the theatre, multiply 7 groups of seats by 25 seats:

7 x 25 = 175

Now, knowing this, multiply 175 by 4 to get the total number of seats in the theater!

175 x 4 = 700

Therefore, there are 700 seats in the theatre.

Hope this helps!
3 0
3 years ago
Kai spent 90% of his money on a laptop that cost $423. Does he have enough money left to buy a scanner.explain
GarryVolchara [31]
Okay, so:

You would want to find what 1/10 of the laptop costs. That would be the 10% of money left in Kai's account.

So,

423*.1

(you have to turn the percentage into a decimal; 10%= .10


423*.1= 42.3

So, Kai has 42.3 dollars left to buy a scanner. He only has 10% of his bank account left to spend on the scanner.

I hope this helps!
~cupcake
7 0
3 years ago
Simplify 3(x-6)-4(x+3)
Finger [1]

Answer:

Step-by-step explanation:

look this up it give you the answer

let me know if this help plzz

7 0
3 years ago
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How to solve y = 8x - 9
Alex Ar [27]

Answer:

-72

Step-by-step explanation:

The answer is -72 because 8 * -9 = -72, I can't explain it to you any other way ;-;

6 0
3 years ago
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Olivia has a points card for a movie theater. She receives 25 rewards points just for signing up. She earns 7.5 points for each
miv72 [106K]

Answer:

0 visits

Step-by-step explanation:

According to the scenario, calculation of the given data are as follows,

Rewards for signing up = 80 points

Reward per visit = 2.5 points

Total points needed = 105

Let, number of visits = x

So, we can calculate number of visits by using following formula,

80 + (2.5 × X) = 105

2.5X = 105 - 80

2.5X = 25

X = 25 ÷ 2.5

X = 10 visits.

Hence, Olivia needs to make 10 visits in order to earn a free movie ticket

Step-by-step explanation:

7 0
3 years ago
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