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brilliants [131]
2 years ago
6

Kelly deposited $4,205 in an account for 3.5 years. She earned $662.29 in interest. What interest rate did the bank pay her?

Mathematics
1 answer:
mylen [45]2 years ago
5 0

Answer:

r = 4.5%

Step-by-step explanation:

Formula:

I = Prt

r = I/(Pt)

Given:

I = 662.29

P = 4205

t = 3.5

Work:

r = I/(Pt)

r = 662.29/(4205 * 3.5)

r = 662.29/14717.5

r = 0.045

r = 4.5%

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Carlos is going to an amusement park for his 11th birthday with his 2 yr old brother and parents. His parents brought $100 to sp
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3 years ago
Eli is a loan officer. he determines his clients’ eligibility for loans and for good interest rates by using their credit scores
ElenaW [278]

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3 0
2 years ago
sports warehouse had a sale on two models of baseball gloves. Model A sold for $30.00, and model B sold for $45.25. A total of 5
alexandr402 [8]

Answer:

18 model A gloves and 34 model B gloves

Step-by-step explanation:

Set up 2 equations based on the given information

Let 'x' represent the number of Model A gloves sold

Let 'y' represent the number of Model B gloves sold

Then..

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Solve the second equation for either variable...

   x = 52 - y            

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Now solve for y...

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