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A sum of money is deposited in a bank which offers a simple interest rate of 0.325% per annum. At

nikitadnepr [17]

Answer:

The sum of money deposited is approximately $22,021.74

Step-by-step explanation:

The given interest and amounts of the deposit are outlined as follows;

The simple interest per annum, R = 0.325%

The number of years the money is deposited, T = 4 years

The total amount received (Interest + Initial deposit), A = $50,650

We have;

I = P × R × T

Where;

P = The principal (initial amount deposited)

R = The (annual) interest rate = 0.325%

T = The time = 4 years

Therefore;

The total amount received, A = P + I

P + I = P + P × R × T = P × (1 + R × T)

∴ A = P + I = P × (1 + R × T)

P = A/(1 + R × T)

Plugging in the values, gives;

P = 50,650/(1 + 0.325 × 4) = 506,500/23 ≈ 22,021.74

The sum of money deposited, P = $22,021.74

3 0

3 years ago

The person at (0, 1) needs a bottled water. He moved to the right on a slope of -4. Where can you find him to give him the water

olga_2 [115]

You can find him at (-4,1)

5 0

3 years ago

Which ordered pair is a solution of the equation?

Leno4ka [110]

Yes papa papa daddy daddy lol yeah bye yeah yeah bye

6 0

2 years ago

A triangle has a base of x 1/2 m and a height of x 3/4 m. If the area of te triangle is 16m to the power of 2, what are the base

Olenka [21]

Answer:

The base of triangle is $\frac{8}{\sqrt{3}} \ m$ and the height of triangle is $\frac{12}{\sqrt{3}} \ m.$

Step-by-step explanation:

Given:

A triangle has a base of x 1/2 m and a height of x 3/4 m. If the area of the triangle is 16m to the power of 2.

Now, to find the base and height of the triangle.

The base of triangle = $x\times\frac{1}{2} =\frac{x}{2} \ m.$

The height of triangle = $x\times \frac{3}{4} =\frac{3x}{4}\ m.$

The area of triangle = $16\ m^2.$

Now, we put the formula of area to solve:

$Area=\frac{1}{2} \times base\times height$

$16=\frac{1}{2} \times \frac{x}{2} \times \frac{3x}{4}$

$16=\frac{3x^2}{16}$

Multiplying both sides by 16 we get:

$256=3x^2$

Dividing both sides by 3 we get:

$\frac{256}{3} =x^2$

Using square root on both sides we get:

$\frac{16}{\sqrt{3}}=x$

$x=\frac{16}{\sqrt{3}}$

Now, by substituting the value of $x$ to get the base and height:

$Base=\frac{x}{2}\\\\Base=\frac{\frac{16}{\sqrt{3}}}{2} \\\\Base=\frac{8}{\sqrt{3}} \ m.$

So, the base of triangle = $\frac{8}{\sqrt{3}} \ m.$

$Height=x\times\frac{3}{4} \\\\Height=\frac{16}{\sqrt{3}}\times \frac{3}{4} \\\\Height=\frac{12}{\sqrt{3}} \ m.$

Thus, the height of triangle = $\frac{12}{\sqrt{3}} \ m.$

Therefore, the base of triangle is $\frac{8}{\sqrt{3}} \ m$ and the height of triangle is $\frac{12}{\sqrt{3}} \ m.$

7 0

3 years ago

There are 5 times as many males as females on the maths course at university. What fraction of the course are female?

Valentin [98]

Answer:

1/5 are females i think

Step-by-step explanation:

4 0

3 years ago