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Katarina [22]
2 years ago
10

$800 at 7% compounded annually for 2 years

Mathematics
1 answer:
Marina86 [1]2 years ago
7 0

Answer:

$115.92

Step-by-step explanation:

To calculate compound interest, which Amount - Principal but we dont know the value for amount so we find the amount first by using the formula.

               A =  P ( 1 +   <u>R</u> ) ^n

                                 100      

where p = principal    ($800)            

a =  amount       (?)

r =  interest rate    (7%)

n = time ( no of years)    (2)

A  =  800   ( 1   +   <u>7 </u>) ^2

                          100                  A = 800 ( 1 + 0.07) ^2

                                                  A = 800 ( 1.07)^2   = 800 ( 1.1449)

A = 915.92.

We then find compound interest with:    

C = Amount - Principal   =   $915.92  -  $800    =    $115.92

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Samantha has $1,290 in a savings account that pays 4% simple interest. How much interest will she earn in 9 months? How much wil
Masja [62]

Given:

Principal = $1290

Rate of simple interest = 4%

Time = 9 months

To find:

The interest and total saving in the account altogether.

Solution:

The formula for simple interest is

I=\dfrac{P\times r\times t}{100}      ...(i)

where, P is principal, r is rate of interest and t is time in years.

We know that,

12\ months=1\ year

1\ month=\dfrac{1}{12}\ year

9\ months=\dfrac{9}{12}\ year

9\ months=0.75\ year

Putting P=1290, r=4 and t=0.75 in (i), we get

I=\dfrac{1290\times 4\times 0.75}{100}

I=\dfrac{3870}{100}

I=38.70

So, the simple interest is $38.70.

Total savings is

1290+38.70=1328.70

Therefore, the total amount in the account altogether is $1328.70.

4 0
3 years ago
Write the expression in radical form
pickupchik [31]
Inside the radical it is (96b)^3

6 0
3 years ago
Artemis seeks knowledge of the width of Orion's Belt, which is a pattern of stars in the Orion constellation. She has previously
Verdich [7]

Answer:

Orion's belt width is 184 light years

Step-by-step explanation:

So we want to find the distance between Alnitak and Mintaka, which is the Orions belts

Let the distance between the Alnitak and Mintaka be x,

Then applying cosine

c²=a²+b²—2•a•b•Cosθ

The triangle is formed by the 736 light-years and 915 light years

Artemis from Alnitak is

a = 736lightyear

Artemis from Mintaka is

b = 915 light year

The angle between Alnitak and Mintaka is θ=3°

Then,

Applying the cosine rule

c²=a²+b²—2•a•b•Cosθ

c² =736² + 915² - 2×, 736×915×Cos3

c² = 541,696 + 837,225 - 1,345,034.1477702404

c² = 33,886.85222975954

c = √33,886.85222975954

c = 184.0838184897 light years

c = 184.08 light years

So, to the nearest light year, Orion's belt width is 184 light years

3 0
3 years ago
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bixtya [17]
Angles 4 and 5 are Alternate Interior Angles because they are on opposite sides of the traversal line and on the inside sides between the parallel lines.
4 0
3 years ago
A bookshelf is 42 inches long. How many books of length 1\frac{1}{2}1 2 1 ​ inches will fit on the bookshelf? Explain your reaso
Blababa [14]

Answer: See explanation

Step-by-step explanation:

Your question isn't well written but I saw an identical question:

A bookshelf is 42 inches long. Each book is 1 1/4 inches wide. How many books will fit on the shelf?

For us to solve this, we would divide the length of the bookshelf by the width of each book. This would be:

= 42 ÷ 1 1/4

= 42 ÷ 5/4

= 42 × 4/5

= 33 3/5

Therefore, the number of books that will fit on the shelf is 33.

7 0
2 years ago
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