We are told to use simple interest rate. Formula for this is:

Where:
A= total accumulated amount (principal + interest)
P= principal
r= yearly percentage rate
t= number of years
We need to save $19500 for the first year at a college. This is the amount we will have at the account after five years. In our case this is A.
Principal is the amount we need to put into savings to get the total amount needed. In our case this is P.
Yearly percentage rate is the percentage by which our savings increase at the end of a year. In our case this is r.
t is number of years that we are holding our money on the bank account.
To solve this problem we will assume that we are putting same amount each month on the bank account.
We are given:
A=$19500
P=?
r=1.5%
t=5 years
First step is to transform r into decimal number:

Now we get back to our formula and we solve it for P:

We insert numbers and we get our principal:

We need to put $18139.53 into savings to get required amount after 5 years or 5*12=60months. Assuming that we put same amount each month into savings we need to put

This is our solution for this problem. This is closest to the amount we would need to put in real life. In real life we would earn interest onto interest and our monthly amount would be smaller.
Answer: The answer is 8
Step-by-step explanation:
It’s Kinda obvious if your teachers asks u to explain its 12 1/2 - 4 1/2 which equals 8 1
2
+
4 1
2
=
17
Calculation steps:
12 1
2
+
4 1
2
= (12 + 4) + (
1
2
+
1
2
)
= 16 +
1 + 1
2
= 16 +
2
2
= 16 +
2 ÷ 2
2 ÷ 2
= 16 +
1
1
= 8 hope this helps
The length of the pieces are 5 foot and 8 foot.
<h3>what is Algebra?</h3>
Algebra is the part of mathematics that helps represent problems or situations in the form of mathematical expressions.
Given:
Total length of board is 13 foot.
let the length of first piece be x
and length of second piece be y
So, x+ y = 13 .......(1)
Now, The length of the shorter piece is 1 ft more than half the length of the longer piece
x = y/2 + 1......(2)
Now, solving (1) and (2) we get
y/2 + 1 + y = 13
3y/2 = 12
y=24/3
y=8
Then x= 13-8
x= 5
Hence, the length of the pieces are 5 foot and 8 foot.
Learn more about Algebra here:
brainly.com/question/24875240
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