Answer:
2.4%
Step-by-step explanation:
Total amount of payments:
5 years * 12 months/year * $78.40/month =
= $4704.00
Amount of interest paid in 5 years:
$4704 - $4200 = $504
Amount of interest paid in 1 year:
$504/5 = $100.80
Annual percent rate of interest:
$100.80/$4200 * 100% = 2.4%
Answer: 2.4%
The amount Sheila deposits in the Bank of US saving account is $511.
Sabrina has a total of $3,066 she wants to deposit. She has three banks that she wants to deposit her money in.
Let, a represent the amount she would deposit she would invest 7/4 bank.
The amount invested in Catch bank = 6 x a = 6a
The amount invested in Bank of US = 20% x ( 6a + a)
= 0.2 x 7a
= 1.4a
The total amount invested in the three banks can be represented with this equation:
1.4a + a + 6a = 3066
In order to determine the amount she would save in the Bank of US, the amount deposited in 7/4 bank has to be determined first.
8.4a = 3066
a = $365
The amount deposited in the Bank of US = 1.4a
= 1.4 x 365
= $511
A similar question was answered here: brainly.com/question/2289204?referrer=searchResults
<span>3[(15 - 3) squared divided by 4]
=</span><span>3[(15 - 3)^2 / 4]
=3</span>[(12)^2 / 4]
=3[144 / 4]
=3[36]
=108
Answer : 4
Explanation:
9 1/2 cups of flour makes 1 batch of cookies so make that into a decimal: 9.5
and take 38 divided by 9.5 and you get your answer.