Answer:
It will take 14.29 years for your bank balance to double from $1,000 to $2,000.
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E are the earnings, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:
.
If the interest rate is 7%, how many years will it take for your bank balance to double from $1,000 to $2,000?
We have that 
We want to find t when E = 1000, so 
.
It will take 14.29 years for your bank balance to double from $1,000 to $2,000.
Answer:
The simplest radical form is 
⇒ (c)
Step-by-step explanation:
To simplify any square root;
- Factorize the number under the root using prime numbers
- Take out the root any number repeated twice as one number
<em><u /></em>
<em><u>Examples:</u></em>
1. Simplify 
factorize 8 using prime numbers
8 = 2 × 2 × 2, then 
Take two of 2 out the root, then 
2. Simplify 
factorize 18 using prime numbers
18 = 2 × 3 × 3, then 
Take the two 3 out the root, then 
Let us simplify 
∵ 45 = 3 × 3 × 5
∴ 
→ Take the two 3 out by one 3
∴ 
→ Multiply the numbers out the root
∴ 
∴ The simplest radical form is
Answer:
Step-by-step explanation: Opposite sides of a parallelogram are equal.
Hello!
When you put money into the bank you make a deposit
The answer is deposit
Hope this helps!
Answer:
The interest is
<h2>$ 769.50</h2>
Step-by-step explanation:
Simple interest is given by
where
P is the principal
R is the rate
T is the time given
From the question
The principal / P = $ 5700
The rate / R = 4.5%
The time given / T = 3 years
So the interest is
We have the final answer as
I = $ 769.50
Hope this helps you
