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
Marina CMI [18]
2 years ago
8

How much should you invest at 2.6% simple interest in order to earn $75 interest in 8 months?

Mathematics
1 answer:
bonufazy [111]2 years ago
8 0

Answer: Total interest will $1800 after 5 years.

Step-by-step explanation: It is given that the principle amount is $6000.

Rate of interest rate is 6% per annum.

Total interest is $1800.

Formula for simple interest is

Where, P is principle, r is rate of interest in percent and t is time in years.

Substitute P=6000, r=6 and I=1800 in the above formula.

Divide both sides by 360.

Therefore the total interest will $1800 after 5 years.

You might be interested in
june has a savings account with an annual simple intrest rate of 2.6% she hopes to gain $6,500. in interest over a period of ele
natima [27]

To solve this, let's use the variable 'x' to represent the money invested:

11(0.026(x)) = 6500

0.286x = 6500

Divide:

x = 227272.7272...

We can round up:

x = 227272.73

June has to invest $227272.73

6 0
3 years ago
Need help on this problem
trasher [3.6K]
The answer to the question

3 0
3 years ago
What are the transformations?<br> y=(x-2)2+4 (Choose ALL that apply.)
Kruka [31]

Answer:

There is a vertical stretch when I graphed it.

Step-by-step explanation:

Hope this helps:)

8 0
3 years ago
(3.0*10^6)(2.5*10^5) equals what
alekssr [168]

The answer is 750000000000

7 0
3 years ago
Read 2 more answers
Which is the side length of a cube with a volume of 2744 cm3?<br><br> Please help
Elis [28]
\sf~V=a^3

Plug in what we know:

\sf2744=a^3

Find the cube root of both sides:

\sf~a=\sqrt[3]{2744}

Simplify:

\sf~a=\boxed{\sf14}
3 0
3 years ago
Read 2 more answers
Other questions:
  • If two lines have the same slope and y-intercept, what is true of the lines? A. The lines are perpendicular. B. The lines inters
    7·2 answers
  • Which represents the solution(s) of the graphed system of equations, y = x2 + x – 2 and y = 2x – 2? (–2, 0) and (0, 1) (0, –2) a
    12·2 answers
  • What is the inverse of the function f(x) = 2x + 1?
    7·2 answers
  • Hazel paid $32 to have 50 reports printed she then paid $57 to have 100 reports printed the relationship is linear what is the e
    9·2 answers
  • Help please........................
    15·1 answer
  • Sam and his family go out to eat for his birthday. The total bill is $123.79. If his dad leaves the waitress a 15% tip, how much
    9·2 answers
  • Please help it’s for a hard test
    9·1 answer
  • Which of the following equations represents direct variation?
    6·1 answer
  • 30×30+2=<br>320×600÷345=<br><br>answer please​
    9·2 answers
  • The letters A, B, and C can be arranged in six ways. Five ways are listed below.
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!