Abigail has an account that pays 6. 92% simple interest per year and wants to accumulate $5,896 in interest from this account over six years. How much money should Abigail invest in this account to meet this goal? a. $2,448. 02 b. $8,344. 10 c. $14,200. 39 d. $20,096. 67.

Answers

Answer 1

Answer:

Correct answer is C) $14.200.39

Explanation:

we know that

The simple interest formula is equal to

I = Prt

P = I / (rt)

where

I is the amount of money in interest

P is the Principal amount of money to be invested

r is the rate of interest  in decimal

t is Number of Time Periods

in this problem we have

t = 9 years  

I = $5,896

P = ?

r = 0.0692

substitute in the formula above  

P = 5,896/ (0.0692 ÷ 6) = $14,200.39

therefore

the answer is option C)

$14,200.39

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Related Questions

This passage is a short poem written by a yeomanette. What does it suggest about women and the us navy during the war? check all that apply. Women in the navy could explore the world. Women were discouraged from signing up. Women were stationed only in newport. Yeomanettes were held in high esteem. Yeomanettes made few contributions.

Answers

The theme that's suggested based on the poem is that:

Women in the navy could explore the world. Yeomanettes were held in high esteem.

The theme simply means the central idea that's in a poem. It's simply what the author wants the readers to know in a story. It's the main motive of writing the passage.

From the poem, it can be noted that women in the navy could explore the world, and Yeomanettes were held in high esteem. These are the things suggested about the women.

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A and D.

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Answer:

A.an explanation usually includes the main events were not important

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Her pay has increased by 20%

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Answers

The system of inequalities for Julissa can be given as 4x + 2y ≤ 25

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What is a system of inequalities?

The system of inequalities is given with the use of the more than inequalities for the correspondence to one variable.

In the given system, the inequalities lies with the grayscale copies, and color copies with the time limit of 25 minutes and minimum number of 8 copies.

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Thus, the time taken to print x color copies = 4x

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Answers

Answer:

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Explanation:

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_____________________________________________

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________________________________________________

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Answers

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Answers

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