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
nydimaria [60]
3 years ago
15

Taylor opened a savings account with $425. After 2 years, the total interest earned was $10.20. What was the annual interest rat

e?
Mathematics
1 answer:
storchak [24]3 years ago
6 0

Answer:

R = 1.2%

Step-by-step explanation:

<u>Given the following data;</u>

Principal = 425

Time = 2

Simple interest = 10.20

To find the annual interest rate;

Mathematically, simple interest is calculated using this formula;

S.I = \frac {PRT}{100}

Where;

  • S.I is simple interest.
  • P is the principal.
  • R is the interest rate.
  • T is the time.

Substituting into the equation, we have;

10.20 = \frac {425*R*2}{100}

10.20 = \frac {850R}{100}

Cross-multiplying, we have;

1020 = 850R

R = \frac {1020}{850}

<em>R = 1.2%</em>

<em>Therefore, the annual interest rate is 1.2 percent. </em>

You might be interested in
Please help I have tried over and over and can't get it​
nirvana33 [79]
1) -3
2) 6
3) 4
4) 2
5) 5
6) 5
7) 7
8) -3
9) 9
10) 6
11) -5
12) 0

Here are your answers may I please have the brainliest
5 0
2 years ago
DUE IN 3 mins<br> C-9 at C= 16
bixtya [17]
7.
If c = 16
that means the equation is
16 - 9
which is 7
so 7
8 0
3 years ago
Read 2 more answers
What is the value of y in the parallelogram below?<br> G<br> 108<br> 3y<br> D<br> E
Arlecino [84]

Answer:

C

Step-by-step explanation:

In a parallelogram, consecutive angles are supplementary, sum to 180° , so

3y + 108 = 180 ( subtract 108 from both sides )

3y = 72 ( divide both sides by 3 )

y = 24 → C

5 0
3 years ago
A camper wants to know the width of a river. From point A, he walks downstream 60 feet to point B and sights a canoe across the
Anarel [89]
<h2>Hello!</h2>

The answer is:

The correct option is:

D. 40 feet.

<h2>Why?</h2>

To solve the problem and calculate the width of the river, we need to assume that the distance from A to B and the angle formed between that distance and the distance from A to the other point (C) is equal to 90°, meaning that we are working with a right triangle, also, we need to use the given angle which is equal to 34°. So, to solve the problem we can use the following trigonometric relation:

Tan\alpha =\frac{Opposite}{Adjacent}

Where,

alpha is the given angle, 34°

Adjacent is the distance from A to B, which is equal to 60 feet.

Opposite is the distance from A to C which is also equal to the width of the river.

So, substituting and calculating we have:

Tan(34\°) =\frac{Width}{60ft}

Width=60ft*Tan(34\°)=60ft*0.67=40.2ft=40ft

Hence, we have that the correct option is:

D. 40 feet.

Have a nice day!

6 0
3 years ago
Read 2 more answers
(6 points) The diagram below, shows a shape. Work out the area of the shape.<br><br><br> ......cm^2
Marianna [84]

Answer:

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
Other questions:
  • Work out each map scale as a map ratio
    9·1 answer
  • Can you answer this
    13·1 answer
  • Find the median of this data: 20, 25, 22, 22, 20, 25, 20. If necessary, round to the nearest tenth.
    6·2 answers
  • Someone please help me with this!
    9·1 answer
  • Through which pairs of points is the slope negative? Select all that apply. a. (3, 6) and (10, 6)
    14·1 answer
  • Simplify expression ​
    11·2 answers
  • n = 40 the mean of population of raw scores is 60 with a standard deviation of 16. your sample mean = 64 and . use the criterion
    9·1 answer
  • In a proposed business​ venture, a businesswoman estimates there is a ​65% chance she will make ​$57000 and a 35​% chance she wi
    11·1 answer
  • Please hurry
    6·2 answers
  • A and B are two similar ornaments in the shape of a fish. The surface area of 44.8 cm and the surface area of B 179.2 cm Find th
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!