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]
2 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]2 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
Is y=1/2x^2+5x-10 up or down
poizon [28]

Answer:

it is up

Step-by-step explanation:

5 0
3 years ago
What is the volume of the following cylinder?
Vika [28.1K]
Volume of a cylinder of radius r and heigth h is
\pi {r}^{2} h
Here h is 15 cm and r is 6 cm.
3 0
3 years ago
Can anyone help check if my calculation is correct or wrong?
8_murik_8 [283]
It’s correct good job
6 0
3 years ago
Read 2 more answers
A rectangle has a height of 4x ^ 3 width of x ^ 3 + 3x ^ 2 + 2x . Express the area of the entire rectangle .
astra-53 [7]

Answer:

4x^6+12x^5+8x^4

Step-by-step explanation:

To find the area of a triangle, you need to multiply the width by the height. In this case:

(4x^3)(x^3+3x^2+2x)=\\4x^6+12x^5+8x^4

Hope this helps!

6 0
3 years ago
You need 2b cups of flour for making b loaves of bread. You have 8 cups of flour . Do you have enough for 5 loafs of bread?Expla
lubasha [3.4K]

Answer:

No.  I don't have enough Flour to make 5 loaves of bread.

From the Amount of flour i had i can make 4 loaves only.

Step-by-step explanation:

Given:

Flour required for making loaves of bread = 2b cups

Amount of flour i had = 8 cups

Number of loaves of bread = b

We need to find the we have enough flour to make 5 loafs of bread.

Solution:

We know that;

Amount of flour I had is equal to Flour required for making loaves of bread

framing in equation form we get;

2b=8

Dividing both side by 2 we get;

\frac{2b}{2} =\frac{8}{2}

b=4

Hence From the Amount of flour i had i can make 4 loaves only.

Hence I don't have enough Flour to make 5 loaves of bread.

3 0
2 years ago
Other questions:
  • -what is 1/4x-9=-15?
    6·1 answer
  • Please help me out........ :)
    15·1 answer
  • Which is a zero of the quadratic function f(x)=9x^2-54x-19?
    11·1 answer
  • Write six hundred seventy-two thousand, four<br> hundred five in standard form.
    12·1 answer
  • the employee turn structure instructor ratio is 12 to 2 if there are 22 instruction instructors for the train how many employees
    15·1 answer
  • Help and please explain
    10·1 answer
  • Write the missing factor.
    12·2 answers
  • Simplify to a single trig function with no denominator.<br>csc^2 x -cot^2 x
    11·1 answer
  • What is the measure of each angle in the circle?<br><br> 60°. <br> 90°<br> 72°<br> 30°
    13·2 answers
  • Scale Factor<br><br> Smaller Figure:<br> Larger Figure:<br> Please please help, no links
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!