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lisov135 [29]
3 years ago
9

Suppose $22,825 is deposited into a savings account with a simple interest rate of 4.03%. Find the account balance after 5 years

and 3 months.
Enter the answer in dollars and cents, and round to the nearest cent, if needed. Do not include the dollar sign. For example, if the answer is $0.61, only the number 0.61 should be entered.
Mathematics
2 answers:
kipiarov [429]3 years ago
7 0

Based on the information that's given, the account balance after the years given will be $27654.20.

The formula for simple interest is calculated as:

= PRT / 100

where,

Principal = $22825

Rate = 4.03%

Time = 5 years, 3 months = 5.25 years

Therefore, the simple interest will be:

= ($22825 × 4.03 × 5.25) / 100

= $4829.20

Therefore, the amount will be:

= $22825 + $4829.20

= $27654.20

Learn more about simple interest on:

brainly.com/question/25747402

zysi [14]3 years ago
7 0

Answer:

The amount will be $27654.20

Step-by-step explanation:

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Step-by-step explanation:

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3 years ago
Y^2 - 12y + 27 / y^2 - 6y - 27 <br> simply the rational equation.
Ulleksa [173]

The simplified rational expression is (y - 3)/(y + 3). Where y ≠ -3.

<h3>How to simplify a rational expression?</h3>

A rational expression is in the p/q form. Where p and q are polynomial functions.

To simplify this rational equation,

  • Factorize the polynomials in both numerator and denomiantor.
  • Cancel out common factors if any.
  • If the denominator and the numerator have no common factors except 1, then that is said to be the simplest form of the given rational expression.

<h3>Calculation:</h3>

The given rational equation is

\frac{y^2 - 12y + 27 }{y^2 - 6y - 27}

Factorizing the expression in the numerator:

y² - 12y + 27 = y² - 9y - 3y + 27

⇒ y(y - 9) - 3(y - 9)

⇒ (y - 3)(y - 9)

Factorizing the expression in the denominator:

y² - 6y - 27 = y² - 9y + 3y - 27

⇒ y(y - 9) + 3(y - 9)

⇒ (y + 3)(y - 9)

Since they have (y - 9) as the common factor, we can simplify,

\frac{y^2 - 12y + 27 }{y^2 - 6y - 27}=\frac{(y-3)(y-9)}{(y+3)(y-9)}

⇒ (y - 3)/(y + 3) where y ≠ -3(denomiantor)

Here there are no more common factors except 1; this is the simplest form of the given rational expression.

Learn more about simplifying rational expressions here:

brainly.com/question/1928496

#SPJ9

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