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2 years ago

9

Zoe's bank offers 2% simple interest on Simple Savings accounts. If she deposits her $500 of graduation money into a Simple Savi

ngs account for 5 years, how much interest will she earn?

1 answer:

Yakvenalex [24]2 years ago

3 0

Answer:

hi

Step-by-step explanation:

deviled eggs

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Help me fill the blank

Paraphin [41]

Answer:

the answer is (360 degrees

6 0

3 years ago

if an amount of $5,000 is deposited into a savings account at an annual interest rate of 5%, compounded monthly, what is the val

Ugo [173]

Answer:

$8,240

Step-by-step explanation:

We are given that,

Principle amount in the savings account, P = $5,000.

Rate of interest, r = 5% = 0.05

Time period, t = 10

Also, the interest is compounded monthly, n = 12

As, we now that the value of the investment is given by $P(1+\frac{r}{n})^{nt}$

Thus, we have,

Investment Value = $5000(1+\frac{0.05}{12})^{12\times 10}$

i.e. Investment Value = $5000(1+\frac{0.05}{12})^{12\times 10}$

i.e. Investment Value = $5000(1+0.00417)^{120}$

i.e. Investment Value = $5000\times 1.648$

i.e. Investment Value = $8,240

Hence, the investment amount after 10 years is $8,240.

5 0

3 years ago

5/6+2 3/4 (it is a faction)

frosja888 [35]

Answer: the answer would be 3 7/12

Step-by-step explanation:

First you must find the common denominator(which is 12) and then add the fractions

4 0

3 years ago

Write an inequality for people younger than 8 get in for $45

Tema [17]

Answer:

8 ≤ $45

Step-by-step explanation:

Given:

People younger than 8 get in for $45.

Now we can assume that the cost given might be to enter in the garden or might be in fair or might be at museum or might be at a zoo which is $45 for people which are younger than 8.

Now we can say for people younger than 8 means people or children who are of 8 years or who are below 8 years or say less than 8 years.

Hence we can say people who are less than or equal to 8 get in for $45

So the inequality equation becomes.

8 ≤ $45

6 0

2 years ago

A simple random sample of 100 batteries is selected from a process that produces batteries with a mean lifetime of 32 hours and

Brrunno [24]

Answer:

.b. It is one‐half as large as when n = 100.

Step-by-step explanation:

Given that a simple random sample of 100 batteries is selected from a process that produces batteries with a mean lifetime of 32 hours and a standard deviation of 3 hours.

i.e. s = 0.3

we obtain se of sample by dividing std devitation by the square root of sample size

i.e. s= $\frac{3}{\sqrt{n} }$

when n =100 this = 0.3 and

when n =400 this equals 0.15

We find that when sample size is four times as large as original, std deviation becomes 1/2 of the original

Correction option is

.b. It is one‐half as large as when n = 100.

7 0

3 years ago