Answer:
$13,200
Step-by-step explanation:
You need to use the simple interest formula
I = P * r * t
I = Interest accrued
P = Principal amount invested
r = Interest rate you need to divide by 100 to get it in decimal form
t = time, in years if you are given a partial year, divide the months by 12
P = $12,000
r = 7.5% = .075
t = 1
But, because we want I to equal $990 then I is
I = $990
So we ignore our P and instead solve for the P that will give us the desired result.
I = P * r * t
$990 = P * .075 * 1
$990 = P.075 Divide each side by .075
$990/.075 = P.075/.075
$990/.075 = P
$13,200 = P
So, to earn an annual interest income of $990, $13,200 will have to be invested in the 7.5% bond.
Answer:
4515
Step-by-step explanation:
9. 2.86600.... that is all i know so far
Answer:
m<D = 14
Step-by-step explanation:
Exterior angles thm:
83 + 6x - 4 = 21x + 4
6x + 79 = 21x + 4
6x - 21x = 4 - 79
-15x = -75
x = 5
m<D:
6x - 4
6(3) - 4
18 - 4
14
I don’t see a number line, but whatever says that the stock had no increase or decrease is your best bet.
Explanation: we can see it does have a decrease, but the increase the next day overrides it and turns the stock addition to $0
