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
Free_Kalibri [48]
2 years ago
13

Nate has an account that pays 2. 76% simple interest per year and wants to accumulate $3,090 in interest from it over the next 1

5 years. How much money should Nate invest in this account to meet this goal? a. $1,279. 26 b. $4,369. 26 c. $4,373. 77 d. $7,463. 77.
Mathematics
1 answer:
lana66690 [7]2 years ago
4 0

We have given that,

interest rate = 2.76%

simple interest = 3,090

term = 15 years

<h3>What is the principle of simple interest?</h3>

Simple Interest = Principal * interest rate * term

3,090 = Principal * .0276 * 15\\3,090 = Principal * 0.414\\3,090 / 0.414  = Principal\\7,463.77 = Principal

Therefore,Nate should invest 7,463.77 to meet his goal.

To learn more about the simple  interest visit:

brainly.com/question/25793394

You might be interested in
Solve for x, assuming a, b, and c are negative constants.<br><br> (ax + b)/c ≤ b
Rudik [331]
(ax + b)/c ≤ b

ax+b ≤ cb

ax ≤ cb - b

x ≤ (cb-b)/a
5 0
3 years ago
Which one is it........
ruslelena [56]
\begin{cases}4(x+y)=2x+12\\4x+y=x+8\end{cases}\\\\\\&#10;\begin{cases}4x+4y=2x+12\quad|-2x\\4x+y=x+8\quad|-x\end{cases}\\\\\\&#10;\begin{cases}4x+4y-2x=12\\4x+y-x=8\end{cases}\\\\\\&#10;\boxed{\begin{cases}2x+4y=12\\3x+y=8\end{cases}}


3 0
3 years ago
Y -13<br> --------- =<br> y -7<br><br> ​
mario62 [17]

y-13 / y-7

cross multiply

y-13 = y-7

collect like terms

y+y =-7+13

2y= 13 -7

2y = 6

divide both sides by 2

2y/ 2y = 6/2

y= 3

I hope this helped

4 0
3 years ago
Makayla is teaching Rodney how to construct a square inscribed in a circle.
Yuliya22 [10]

Answer:

c

Step-by-step explanation:

6 0
3 years ago
Find equation of a line through (1,4) and (1,6)
Elena L [17]
Notice the picture below

no matter what value "y" may have, "x" will always be 1

4 0
2 years ago
Other questions:
  • Identify the angle of depression. PLEASE HELP!!
    13·1 answer
  • What are the values of cos α and tan α, if: sinα= 40/41
    10·1 answer
  • If the kite is 500 feet of string how high is it above the ground if the horizontal distance between Tyler and the kite is 300 f
    9·1 answer
  • 30 Points. Solve the given equation and show your work. Tell whether the equation has one solution, an infinite number of soluti
    13·2 answers
  • How is domain of the function f(x)=cosx restricted so that its inverse function exists?
    7·1 answer
  • Three seedless watermelons cost 27 if pp buys 4 seedless watermelons at that same unit price how much will he pay
    8·1 answer
  • ► What is the mean of the following data set? 98, 208, 189, 94, 117 ​
    9·2 answers
  • Please help me with a cherry, sprinkles AND gummy bears??<br> Thank you!
    14·2 answers
  • The population of an endangered bird was about 230,000 in 2001. The equation y= 200,000(0.75)^x describes the bird la population
    9·1 answer
  • -4x = 48 help plsssssssssss
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!