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2 years ago

What is the simple interest earned on an investment of $12,625 in mutual funds for 12 years at a rate of 4%

Mathematics

1 answer:

vfiekz [6]2 years ago

3 0

Answer:

Interest earned= $6,060

Step-by-step explanation:

Giving the following formula:

Principal (P)= $12,625

Interest (r)= 4%= 0.04

Period of time (t)= 12 years

<u>To calculate the interest earned after twelve years, we need to use the following formula:</u>

I= P*r*t

I= (12,625*0.04*12)

I= $6,060

Interest earned= $6,060

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On a number line, what number is 2/3 of the way from 7 to 13?

notka56 [123]

Answer:

That would be about 11.667

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3 years ago

You and three friends spend $35 on tickets at the movies.Write and solve an equation to find the price of one ticket

marysya [2.9K]

Answer:

$8.75

Step-by-step explanation:

You and three friends = 4 people

$35 / 4 people = $8.75

The cost of one ticket is $8.75

Hope this helps :)

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3 years ago

Brianna has x nickels and y pennies. She has no less than 20 coins worth no more

Bond [772]

Answer:

$y \ge 20 - x$

$y \le 80 -5x$

$(x,y) = (15,5)$

Step-by-step explanation:

Given

$Nickels = x$

$Pennies = y$

$Amount = \$0.80$ maximum

$Coins = 20$ minimum

Required

Solve graphically

First, we need to determine the inequalities of the system.

For number of coins, we have:

$x\ +\ y\ge 20$ because the number of coins is not less than 20

For the worth of coins, we have:

$0.05x\ +\ 0.01y\ \le0.80$ because the worth of coins is not more than 0.80

So, we have the following equations:

$x\ +\ y\ge 20$

$0.05x\ +\ 0.01y\ \le0.80$

Make y the subject in both cases:

$y \ge 20 - x$

$0.01y \le 0.80 - 0.05x$

Divide through by 0.01

$\frac{0.01y}{0.01} \le \frac{0.80}{0.01} -\frac{ 0.05x}{0.01}$

$y \le \frac{0.80}{0.01} -\frac{ 0.05x}{0.01}$

$y \le 80 -5x$

The resulting inequalities are:

$y \ge 20 - x$

$y \le 80 -5x$

The two inequalities are plotted on the graph as shown in the attachment.

$y \ge 20 - x$ --- Blue

$y \ge 80 -5x$ --- Green

Point A on the attachment are possible solutions

At A:

$(x,y) = (15,5)$

4 0

2 years ago

Please give me the correct answer.Only answer if you're very good at math.

Margaret [11]

Answer:

M is negative

Step-by-step explanation:

6 0

3 years ago

Mrs. Kim is teaching a 5th grade class. She is standing 48 feet in front of Lester. Carey is sitting to Lester's right. If Carey

victus00 [196]

Lester and Carey are 14 feet apart

Step-by-step explanation:

Mrs. Kim is teaching a 5th grade class

She is standing 48 feet in front of Lester
Carey is sitting to Lester's right
Carey and Mrs. Kim are 50 feet apart

We need to find how far apart Lester and Carey

Look to the attached figure

The positions of Mrs. Kim, Lester, and Carey formed a right triangle

∵ The distance between Mrs. Kim and Carey is 50 feet

∴ The length of the hypotenuse of the Δ = 50 feet

∵ The distance between Mrs. Kim and Lester is 48 feet

∴ The length of one leg of the Δ = 48 feet

The formula of length of the sides of the right Δ is:

$(hypotenuse)^{2}=(leg_{1})^{2}+(leg_{2})^{2}$

Substitute the length of the hypotenuse and the length of the given leg in the formula above

∵ (50)² = (48)² + (leg)²

∴ 2500 = 2304 + (leg)²

- Subtract 2304 from both sides

∴ 196 = (leg)²

- Take square for both sides

∴ 14 = leg

∵ This leg represents the distance between Lester and Carey

∴ The distance between Lester and Carey = 14 feet

Lester and Carey are 14 feet apart

Learn more:

You can learn more about the right triangle in brainly.com/question/1238144

#LearnwithBrainly

8 0

3 years ago