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
hoa [83]
2 years ago
15

Reese deposited $7500 for two years into a money market account. At the end of two years, she earned $1200 interest. What rate o

f interest did she receive?
Mathematics
1 answer:
icang [17]2 years ago
6 0

Answer:

She deposited $7500. So it is the principal.

At the end of  years, she had total of $8700.

So the total amount is $8700 and the time period is 2 years.

Interest = Total amount - principal = $8700 - $7500 = $1200

We need the rate of interest.

we know that Interest = PTR/100

⇒1200 = 7500*2*R/100

⇒R = 1200*100/7500*2

⇒R = 120000/15000 = 8%

Rate of interest is 8%

Step-by-step explanation:

You might be interested in
Rita, Abdul, and Deon have a total of $ 128 in their wallets. Abdul has $8 less than Rita. Deon has 3 times what Abdul has
Charra [1.4K]

Answer:

They have all together 1,208$

Step-by-step explanation:

Do subtraction first, 128- 8= 120 so Abdul as 120$

Deon is multiplication, 8x120=960$

Rita has 128$

3 0
3 years ago
ABC bank requires a 20% down payment on all of its home loans if a house is priced at 185000 what is the amount of the down paym
Alekssandra [29.7K]

It would be 37’000 because 20% of 185000 is 37’000 which you get by 20 x 185000 and dividing the answer to 100.

3 0
3 years ago
Y= 3/4x - 10<br><br> Please Help me ASAP
guajiro [1.7K]

Answer:

solving for x?

if so x=y+133/10

Step-by-step explanation:

7 0
3 years ago
I need to see how to work this problem 6-(-7)=
alisha [4.7K]
Hi there!

Here is what the rules says

+ * + = +  (Plus times plus = plus)
+*- = - (Plus times minus = minus)
- * - = + (Minus times minus = Plus
- * + = -  (minus times plus = minus)

You need to know the rules by heart because you will use it a lot.

So let see how it works with the problem

6 -(-7)
What does the rules say? It says
- * - = plus  
So, we gonna use PLUS for the sign
6-(-7) = 6 + 7 = 13

13 is the correct answer.

I hope I helped. Please let me know if you have more questions.
3 0
3 years ago
Read 2 more answers
What is the area of the triangle?​
Tpy6a [65]

Answer:

20.25

Step-by-step explanation:

To find the area of a triangle you do base x height/2

9x4.5/2

40.5/2= 20.25

8 0
3 years ago
Other questions:
  • Find the range of ƒ(x) = 3x – 5 for the domain {–1.5, 2, 4}.
    15·1 answer
  • ¿cuantos metros de cerca se necesita para un terreno rectangular que tiene 104 metros de largo y cuyo ancho mide 76 metros menos
    15·1 answer
  • Josie just bought her very first laptop , which shes been saving up for almost a year to buy.For Josie the laptop is most likely
    5·2 answers
  • Five percent of all vcrs manufactured by a large electronics company are defective. a quality control inspector randomly inspect
    15·1 answer
  • ASAP please.<br> Not understanding
    10·1 answer
  • Please help with both problems thank you!
    15·2 answers
  • 18 POINTS for finding 18 ANGLES on parallel lines and transversal
    15·2 answers
  • The conversion rate for 135 Mexican pesos is 7 1/2 American dollars enter the amount of pesos you would get with 50 American dol
    12·2 answers
  • if 1/3 of a gallon of orange juice is shared equally between 4 friends how much orange juice will each friend receive?​
    12·1 answer
  • Find an equation for the rational function graphed below. (WILL AWARD BRAINLIEST)
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!