How much money was invested at 5% annual simple interest for 4 years to earn $2870?

Answers

Answer 1

Answer:

Principal (amount invested) = $14,350

Step-by-step explanation:

Given the simple interest amount of $2,870 earned in 4 years at 5% interest rate:

In order to find the principal amount that was invested, we could use the simple interest formula and isolate the variable, P, algebraically.

I = P × r × t

where:

I = interest earned = $2,870

P  = principal amount invested = ?

r  = interest rate = 5% or 0.05

t = time = 4

Divide both sides by (r × t ) to isolate P :

[tex]\displaystyle\mathsf{\frac{I}{(r\:\times\:t)}\:=\:\frac{P\:\times\:r\:\times\:t}{(r\:\times\:t)}}[/tex]

[tex]\displaystyle\mathsf{P\:=\frac{I}{(r\:\times\:t)}}[/tex]

Substitute the given values into the formula for P:

[tex]\displaystyle\mathsf{P\:=\frac{I}{(r\:\times\:t)}\:=\:\frac{2870}{0.05\:\times\:4}}[/tex]

[tex]\displaystyle\mathsf{P\:=\frac{2870}{0.20}=14,350}[/tex]

Therefore, the principal amount invested is $14,350.


Related Questions

x+x+y×y simplified ?​

Answers

Answer:

(x+x)+ (y+y)

=2x + 2y

thank you

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Hey there!

x + x + y × y

= 1x + 1x + 1y × 1y

COMBINE the LIKE TERMS

= (1x + 1x) + (1y × 1y)

= 2x + y²

= y² + 2x

Therefore, your answer should be: y² + 2x

Good luck on your assignment and enjoy your day!

~Amphitrite1040:)

In grade 10, the ratio of boys to girls is 2: 3. There are 75 girls. How many are boys?

HELP PLEASE .. I WILL GIVE A BRAINLIEST !

Answers

Answer:

150

Step-by-step explanation:

The ration is 2/3 in this example means they are twice as many boys than girls. If boys = 2/3, than girls = 1/3.

So, to find the answer, you must multiply 75 by 2, which is 150.

You don't need this, but they are 75 + 150 = 225 boys and grils in grade 10.

Camilla invests $5,000 into an account with a 1.8% interest rate that is compounded monthly. How much money will be in this account after 4 years?
Round your answer to the nearest cent.

Answers

Answer:

There would be $5,372.99 in Camilla's account after 4 years.

Step-by-step explanation:

Total Principal $5,000.00

Total Interest $372.99

* interest rate of 1.8% compound monthly is equivalent to annual rate of 1.815%

Camilla will have approximately $5,454.41 in her account after 4 years.

What is an expression?

Mathematical expression is defined as the collection of the numbers variables and functions by using operations like addition, subtraction, multiplication, and division.

Given that;

Camilla invests $5,000 into an account with a 1.8% interest rate that is compounded monthly.

Now, After 4 years, the investment will grow to:

= $5,000 (1 + (1.8%/12))¹²ˣ⁴

= $5,000 (1 + (1.8%/12))⁴⁸

= $5,454.41

Hence, Rounding this to the nearest cent gives us a final answer of $5,454.41.

So, Camilla will have approximately $5,454.41 in her account after 4 years.

Learn more about the mathematical expression visit:

brainly.com/question/1859113

#SPJ2


When thirteen is reduced by two-thirds of a number, the result is 7. Find the number.
The number is

Answers

Answer:

30

Step-by-step explanation:

Let,

The req. number be = x

So,

Two - thirds of the number

[tex] = \frac{2}{3} x[/tex]

Then, it is reduced by 13

[tex] = \frac{2}{3} x - 13[/tex]

After that,

The req. result we get is = 7

Therefore,

By the problem,

[tex] = > \frac{2}{3} x - 13 = 7[/tex]

(On putting like terms on one side)

[tex] = > \frac{2}{3} x = 7 + 13[/tex]

(On Simplification)

[tex] = > \frac{2}{3}x = 20[/tex]

(On multiplying both sides with 3/2)

[tex] = > \frac{2}{3} x \times \frac{3}{2} = 20 \times \frac{3}{2} [/tex]

(On Simplification)

=> x = 30

Hence,

The req. number is 30.

Given that :

Thirteen is reduced by two-thirds of a number. And their result is 7.

To Find :

The number.

Solution :

Let's assume the number as x

According to the question :

[tex]\qquad \sf \: { \dashrightarrow \dfrac{2}{3}x - 13 = 7 }[/tex]

Adding 13 to both sides we get :

[tex]\qquad \sf \: { \dashrightarrow \dfrac{2}{3}x - 13 + 13 = 7 + 13 }[/tex]

[tex]\qquad \sf \: { \dashrightarrow \dfrac{2}{3}x = 20 }[/tex]

Now, Multiplying both sides by [tex] \dfrac{3}{2} [/tex] we get :

[tex]\qquad \sf \: { \dashrightarrow \dfrac{2}{3}x \times \dfrac{3}{2} = 20 \times \dfrac{3}{2} }[/tex]

[tex]\qquad \sf \: { \dashrightarrow \dfrac{ \cancel2}{ \cancel3}x \times \dfrac{{ \cancel3}}{ \cancel{2}} = \cancel{20} \times \dfrac{3}{ \cancel{2}} }[/tex]

[tex]\qquad \sf \: { \dashrightarrow x = 10 \times {3} }[/tex]

[tex]\qquad \bf \: { \dashrightarrow x = 30 }[/tex]

Therefore, The number is 30.

Did I do 11,7 right ?

Answers

Answer:

Yes

Step-by-step explanation:

Twelve pounds of the element plutonium is released in a nuclear accident. The amount of plutonium P that is present after t months is given by P(t)=12e^-0.1507t. What amount of plutonium remains after 36 months? Round to two decimal places.

Answers

The amount of Plutonium that remains after 36 months is 0.05

The equation for the amount of Plutonium after t months is

[tex]\mathbf{P(t) = 12e^{-0.1507t}}[/tex]

After 36 months; we have: t = 36.

Substitute 36 for t in P(t).

So, we have:

[tex]\mathbf{P(36) = 12e^{-0.1507 \times 36}}[/tex]

Simplify the exponent

[tex]\mathbf{P(36) = 12e^{-5.4252}}[/tex]

Evaluate the exponent

[tex]\mathbf{P(36) = 12 \times 0.004404}[/tex]

Multiply

[tex]\mathbf{P(36) = 0.052848}[/tex]

Approximate to 2 decimal places

[tex]\mathbf{P(36) = 0.05}[/tex]

Hence, the amount that remains is 0.05

Read more about exponential functions at:

https://brainly.com/question/11487261

a/4−5/6=−1/2 big ideas

Answers

Answer:

4/3

Step-by-step explanation:

A/4 - 5/6 = -1/2(A6 - 20)/24 = -1/2A6 - 20 = -(1/2) x 24A6 = -12 + 20A6 = 8A = 8/6A = 4/3

chapter 6.4 : Problem 4 ​

Answers

Answer:

wdym

Step-by-step explanation:

June earned $ 75 last week. April earned $25. June earnings were how many times greater than April

Answers

Answer:

3 times

Step-by-step explanation:

75÷25=3 times greater than April

please answer it fast .......^-^......​

Answers

Answer:

990- YES, YES, NO,YES, YES, NO, YES, YES, YES

1586- YES, NO, NO, NO, NO, NO, NO, NO, NO

275- NO, NO, NO, YES, NO, NO, NO, NO, YES

6686- YES, NO, NO, NO, NO, NO, NO, NO, NO

639210- YES, YES, NO, YES, YES, NO, NO, YES,YES

429714- YES, YES, NO, NO, YES, NO, YES, NO, NO

2856- YES, YES, YES, NO, YES, YES, NO, NO, NO

3060- YES, YES, YES, YES, YES, NO, YES, YES, NO

406839- NO, YES, NO, NO, NO, NO, NO, NO, NO

Step-by-step explanation:

hope this helped<3

A number x increased by 4 is less than or equal to 27.

Answers

Any time you need to change a word problem involving a variable and you are not sure how to do it, ask yourself how would I tackle this problem with a known number and then trace what operation was used.

If I asked you what is the result if the number 7 is increased by 4, you would likely say 11. Tracing your work, you realize that you added 7 + 4 = 11.

Thus a number (e.g. n) increased by 4 is simply:

n + 4

Answer:

x + 4 < 27

-4. -4

x > 24

Step-by-step explanation:

put lines under signs

100÷5+25×3=



AYUDAA ES PARA HOYYY​

Answers

Answer:

95

Step-by-step explanation:

100 divided by 5 plus 25 times 3 is 95 :)

100/5=20

25x3=75

75+20=95

95

Which of these accurately describes the motion of the train?

Answers

Answer:

C

Step-by-step explanation:

For the first part, a velocity graph would show the constant velocity, and the curve represents the constant negative acceleration, which could be seen on a acceleration graph. The final part after the curve shows the 0 velocity because the position is constant.

solve this equation:

1.25x+5.00 greater than or equal to 20.00

Answers

x is greater than it equal to 12

Show your work and write an expression using the following criteria:
1. A dividend greater than 1,000
2. The quotient is 58 with a remainder of 22

Answers

Answer:

this is correct

Step-by-step explanation:

A dividend is a number we want to divide by another number. It's supposed to be greater than 1000.

Quotient - the integer result of division. Remainder - well, what remains.

9/4 = 2, with remainder 1.

You want to find a number greater than 1000, which, when divided by another number, results in 37, with a remainder of 4.

I would multiply 37 by an increasing number until we get a product greater than 1000. This number is the one you are dividing by. Now add 4 to the product, so that when the sum is divided by the number you found we'll get a remainder of 4.

Evaluate the expression 8+7​

Answers

Answer:

15

Step-by-step explanation:

Calculate the sum of 8+7 which is 15

to convert 13 feet to yards you would use the ratio 1 yard / 3feet or true or false​

Answers

Answer:

True

Explanation:

3 feet is 1 yard so 13/3 is 4.3 yards approximately

True

[tex] \frac{1 \: yard}{3 \: feet} = \frac{x \: yard}{13 \: feet} [/tex]

3x = 13

[tex]x = \frac{13}{3} yards[/tex]

Order the fallowing numbers from least to greatest put the lowest number on the left. -4 , 2 , -1, 3

Answers

Answer:

-4,-1,2,3

Step-by-step explanation:

What is the y intercept of y= 3x + n

Answers

Answer:

Step-by-step explanation:

1

The y intercept would be


(0,3x)

40 points! Help (Vectors)

Answers

Answer:

distance, speed, time, temperature , work, energy, charge, voltage are all scalar quantities. Displacement, velocity, acceleration, force, electromagnetic field are all vector quantities.

Step-by-step explanation:

Displacement and velocity.

simplify the ratio 12 1/4 : 8

Answers

Answer: 49 : 32

Step-by-step explanation:

12 1/4 = 49/4

12 1/4 : 8 = 49/4 : 8

12 1/4 : 8 = 49/4 : 8/1

12 1/4 : 8 = 49/4 : 32/4

12 1/4 : 8 = 49 : 32

12 1/4 : 8 = 49 : 32

Pls Help! Worth 8 Points Will Give Brainlest ​

Answers

Answer:

D. x - 5

Step-by-step explanation:

The text said that Sienna's hight is LESS than her brothers hight and less = minus

Answer:D

Step-by-step explanation:hope i helped i love helping people like you. :)

please help struggling a lot!

Answers

Answer:

- 162, 486, - 1458

Step-by-step explanation:

To find the next term in a geometric sequence , multiply the previous term by the common ratio r

r = [tex]\frac{T_{2} }{T_{1} }[/tex] = [tex]\frac{-18}{6}[/tex] = - 3 , then

T₄ = T₃ × - 3 = 54 × - 3 = - 162

T₅ = T₄ × - 3 = 486

T₆ = T₅ × - 3 = - 1458

6+13+20...+(7n-1) Find the sum.

Answers

Answer:

2.5n+3.5n^2

Step-by-step explanation:

(6+7n-1)*n/2=2.5n+3.5n^2

Hey whats 2+2? i need to know ASAP! IM IN PRESCHOOL-

Answers

Answer:

lol Its 4

Step-by-step explanation:

Dont worry you got this

Answer:

=4

Step-by-step explanation:

2 + 2 = 4

1 + 1 = 2

1 + 3= 4

Hope this helps, have a nice day/night! :D

if it helps, please mark as brainliest!


help plsss TT ill givee brainly

Answers

Answer:

Find the Circumference!

Step-by-step explanation:

Finding the circumferenfe is pretty simple!

On this question, it looks like the diameter is 14!

take the circumference and divide it by 2

14/2

Take the answer and multiply it by PI (3.14).

7 * 3.14 = 21.98

Which of the following is the perimeter of a triangle with side lengths of 8 in, 9 in, and 11 in?

Answers

Answer:

show the question

Step-by-step explanation:

Classify the quadrilateral, Explain your reasoning. Thank you!!

Answers

Answer: y=7, x=2

Step-by-step explanation:

∠Q+∠P=180° (∠s between 2 // lines)

97°+(12y-1)°=180°

12y-1=83°

12y=84

y=7

5x+6=8x (Iso triangle)

x=2

How many milliliter are in 0.3grams

Answers

Answer:

0.3ml

Step-by-step explanation:

0.1 g = 0.1 ml

kyle took at total of 8 quizzes in the first 4 weeks of school. How many weeks of school will he have to attend before he will have taken a total of 12 quizzes?

Answers

Answer:

6 weeks

Step-by-step explanation:

8 quizzes = 4 weeks

So 2 quizzes/week

It will take her 12/2 weeks (6) to finish 12 quizzes

-Chetan K

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