After 4 years, $3,006 deposited in a savings account with simple interest had grown to a total of $3,967.92. What was the interest rate?

Answers

Answer 1

Answer:

So interest rate is 8% per annum

Step-by-step explanation:

Principal amount = $3,006

Amount at end = $3,967.92

Time = 4yrs

interest money = ($3967.92 - $3006)  

also equal to = 4 * (x/100) * $3,006

Where x is the interest rate per annum

So, 4 * (x/100) * $3,006 = ($3967.92 - $3006)

        x = 8%

So interest rate is 8% per annum


Related Questions

What is the equation of the line that is parallel to the
given line and passes through the point (12, -2)?
O y=-x + 10
O y=-x + 12
O y=-x-10
y = 2 x - 12

Answers

Answer:2,-12

Step-by-step explanation:

Which is the best estimate for the percent that is represented by the shaded portion of the diagram?


A grid model with 8 squares. 3 squares are shaded.

30%

36%

38%

40%

Answers

3 divided by 8 = 0.375
0.375 x 100 = 37.5%
37.5% is closest to 38%

Translate (4, -4) to the right 3 units.
Then reflect the result over the y-axis.
What are the coordinates of the final point?

Answers

(7,4)
add 3 to the x because it's moving right on a graph 3 units so 4+3 is 7, now flip the y sign into a postive since you reflected it over the y axis

What is (6×5-6) +56​

Answers

Answer:

(6x5 -6) +56

(30-6) +56

24+56

80

Step-by-step explanation:

The set of all real numbers x that satisfies -3

Answers

Answer:

[tex]567 { {yx6 { {x}^{2} }^{?} }^{?} }^{2} \times \frac{?}{?} 6 {x156346x { \frac{6y9yx9 { { \sqrt[ \sqrt{6x9 = x { \div x \times - { + x2x2 {?}^{2} }^{2} }^{2} } ]{?} }^{?} }^{2} \times \frac{?}{?} }{?} }^{?} \times \frac{?}{?} }^{2} [/tex]

Step-by-step explanation:

copy that in your paper good luck to you

Answer:

It's False

Step-by-step explanation:

both signs are < not ≤, which means they are not included. [ ] means the number is included, but ( ) means they are not.

Basically:

( )   =   > <    

[ ]   =   ≥ ≤

Express (x+7)^2 as a trinomial in standard form.

Answers

I believe your answer is x^2+14x+49

What is the difference of the polynomials? (9x^2 + 8) = (2x^2 + 3x)?

Answers

Answer:

7x^(2) - 3x + 8

Step-by-step explanation:

(9x^(2) + 8) - (2x^(2) + 3x)

distribute the "-" sign.

9x^(2) + 8 - 2x^(2) - 3x

Now combine like terms; (an "x^(2)" goes with an "x^(2)", not with an "x")

9x^(2) - 2x^(2) -3x + 8

7x^(2) - 3x + 8

(NEED HELP)

You buy a cell phone for $95.The sales tax is 6.25%. How much do you pay in all?

Answers

Answer:

This is an percentage change question. By any chance if you have an maths textbook, look for units that contains the topic: Percentage Change

Step-by-step explanation:

$95 x 6.25% = 5.9375

So, 95 + 5.9375 = ($) 100.9375 (Answer)

Or ($) 100.1 (Rounded Answer) (1 decimal place)

Stay safe and Merry Christmas! :)

Any tv recommendations..........?

Answers

Dragon Prince is an amazing tv show!!!

Answer:

I would recommend a Samsung TV but that is just what I think oh nvm a TV show um Big mouth on Netflix

8 cm
15 cm
20 cm
What is the surface area of the cuboid?

Answers

Answer:

Step-by-step explanation:

remember that the surface area is

S=2lw+2lh+2hw

S=2(15*20)+2(15*8)+2(8*20)=600+240+320=1160 cm^2

The surface area of the cuboid is 1160 square cm whose dimensions are

l= 20cm, w= 8 cm and h = 15 cm.

Given:

Length = 20 cm

width = 8 cm

Height = 15 cm

So, the formula for Surface area of Cuboid is

= 2(lw+ wh + lh)

Substituting the values l= 20cm, w= 8 cm and h = 15 cm into the formula as

= 2(lw+ wh + lh)

= 2 (20 x 15 + 8 x 15 + 8 x 20)

= 2 (300 + 120 + 160)

= 2 (580)

= 1160 square cm

Learn more about Surface area here:

https://brainly.com/question/29298005

#SPJ4

A certain game gives scores between 0 and 5.
Trinity played 6 times and her mean score was 4.5.
Jayden played 4 times. If both players have the same
sum of scores, what was Jayden’s mean score?

Answers

Answer:

The mean value of Jayden is 6.75 .

Step-by-step explanation:

Given that the formula for mean is (total sum of scores) ÷ (total number of times). So first, we have to find the total sum of scores that Trinity gets :

[tex] \frac{total \: scores}{6} = 4.5[/tex]

[tex]total \: scores = 4.5 \times 6[/tex]

[tex]total \: scores \: = 27[/tex]

Assuming that Jayden also gets the score of 27 and played only 4 times so we have to find the Jayden's mean value :

[tex]mean = \frac{27}{4} [/tex]

[tex] mean = 6.75[/tex]

There is a picture below please help and fill in the blanks.

Answers

I filled in the blanks in my head can I get brainliest

karl filled up the tank of his truck with 400 liters of fuel and set out to deliver a shipment of bananas to alaska. the truck consumed 0.8 liters of fuel for each kilometer driven.

Answers

The graph of the relationship between the amount of fuel remaining in the trucks tank (in liters) and distance driven (in kilometers) is a linear equation given by, y = 400 - 0.8x

Given that Karl filled up the tank with 400 liters of fuel initially.

As time passes and more distance is covered, the amount of fuel will decrease. Thus the amount remaining is inversely proportional to the distance driven.

Let 'x' be the distance driven (in kilometers) by the truck and 'y' be the remaining fuel (in liters) in the tank.

It says that the truck consumes 0.8 liters of fuel for each kilometer driven.

Then the linear equation modelling this will be :

y = 400 - 0.8x

The graph can be drawn with values of 'x' on the x-axis and the values 'y' on the y-axis.

  x        y

 1        399.2

 2       398.4

 3       397.6

 4        396.8  and so on.

The question is incomplete. Find the complete question below:

Karl filled up the tank of his truck with 400 liters of fuel and set out to deliver a shipment of bananas to Alaska. The truck consumed 0.8 liters for each kilometer driven.

Graph the relationship between the amount of fuel remaining in the trucks tank (in liters) and distance driven (in kilometers).

Learn more about graphs  at https://brainly.com/question/14323743

#SPJ4

Find the equation of the line that passes through the given points. Write the equation in slope-intercept form.
(-2,-4) and (-4,-3)

Answers

Step-by-step explanation:

m=(y1-y)/(x1-x2)

m=(3-(-4))/(-4-(-2))

m=7/-2=-7/2

y=mx+c

y=-7/2x+c

Can someone explain how to do this?

Answers

Answer:

Step-by-step explanation:

The two legs of an iscosles right triangle are equal. The sides opposite each 45 degree angle are equal.  

6^2 + 6^2 = x^2

36 + 36 = x^2

x^2 = 72

sqrt(x^2) = sqrt(72)

x = 6√2

Two rectangles are similar. The ratio of the length of rectangle A to the length of rectangle B is 1:4. If the length of rectangle B is 14 meters, what is the length of rectangle A?

Answers

Answer:

Hey have you tried on your own to make sure you understand it?

Step-by-step explanation:

Three consecutive integers sum to 36. Which integers are they?

Answers

11, 12, 13

Step-by-step explanation:

gb ndndhdyydhsbdgr

I WILL GIBE BRAINLIST TO THE FURST PERSO WHO AN ANSWER PLZ HELP Is 38 over 53 in simplest form? Explain why or why not. If not, write it in simplest form.

Answers

Answer: its simplest form, because 53 is a prime number so is not divisible by anything other than itself and 1, and 38 is smaller than 53.

Answer:

It is already in simplest form

Step-by-step explanation:

38 and 53 cannot be further divided

|x + 8| = |2x + 1| Pls answer.....

Answers

The answers would be x= -3, 7

Simply the equation 3x+1=2x+5

Answers

Answer:4

Step-by-step explanation: 3x+1−2x=2x+5−2x

                                               x + 1 = 5

                                               x+1−1=5−1

                                                x=4

Answer:

Simplifying

3x + -1 = 2x + 5

Reorder the terms:

-1 + 3x = 2x + 5

Reorder the terms:

-1 + 3x = 5 + 2x

Solving

-1 + 3x = 5 + 2x

Solving for variable 'x'.

Move all terms containing x to the left, all other terms to the right.

Add '-2x' to each side of the equation.

-1 + 3x + -2x = 5 + 2x + -2x

Combine like terms: 3x + -2x = 1x

-1 + 1x = 5 + 2x + -2x

Combine like terms: 2x + -2x = 0

-1 + 1x = 5 + 0

-1 + 1x = 5

Add '1' to each side of the equation.

-1 + 1 + 1x = 5 + 1

Combine like terms: -1 + 1 = 0

0 + 1x = 5 + 1

1x = 5 + 1

Combine like terms: 5 + 1 = 6

1x = 6

Divide each side by '1'.

x = 6

Simplifying

x = 6

Answer is 6

what is the simplest form of 3/2 + 6/5​

Answers

Answer:

[tex]2\frac{7}{10}[/tex]

Step-by-step explanation:

[tex]\frac{3}{2}+\frac{6}{5}[/tex]

[tex]=\frac{15}{10} +\frac{12}{10}[/tex]

[tex]=\frac{27}{10} =2\frac{7}{10}[/tex]

2 7/10.
6(5)=30-3=27.
5(2)=10. 27/10

Malachi bought a new fishing rod. The regular price of the fishing rod was $125.99. He bought it on sale with a 15% discount. Sales tax of 3% is applied to the discounted total. What was the sale price with tax of Malachi’s fishing rod to the nearest cent.

Answers

Answer:

$3.21

Step-by-step explanation:

Find the 50th term of the following arithmetic sequence.
13, 22, 31, 40,
---

Answers

Answer:

454

Step-by-step explanation:

The formula for this arithmetic sequence is: 9n+4

1st term: 9(1)+4 = 13

2nd term: 9(2)+4 = 22

3rd term: 9(3)+4 = 31

4th term: 9(4)+4 = 40

.

.

.

50th term: 9(50)+4 = 450+4

                                = 454

The 50th term is 454

Please solve number 5

Answers

Answer:

y = 3x + 1

Step-by-step explanation:

Hope this helps!

y=3x+1

i hope this helps you :)

Pwease help its just easy math

Answers

Answer:

its divided into sixths

evaluate the expression when c=8 and d=7. d+4c

Answers

Plug in the numbers
7 + 4(8) = 7 + 32 = 39
The answer is 39

Answer:

Step-by-step explanation:

d + 4c  just replace the d and c with numbers

c is 8 and d is 7

7+32=39

please help what’s the domain and range

Answers

Answer & Step-by-step explanation:

The domain is the x values and the range is the y values.

Domain:

Note the lowest x values the line includes. Although it starts at x=2, it curves back to x=1 and then curves past 1. Therefore:

[tex]domain:x\geq 1[/tex]

x is greater than or equal to 1.

Range:

Find the lowest y value that is included in the line. Since the line starts at y=-1 and only moves upward after then:

[tex]range:y\geq -1[/tex]

the y values are greater than or equal to -1.

:Done

5. Rochelle needs to pack a picture frame that measures 7 inches
on each side. Will it fit into a box that measures 7.52 inches on each
side? Explain.

Answers

Answer:

Yes

Step-by-step explanation:

7.52 inches is bigger than 7 inches

(Help needed ASAP) Michelle has a balance of $950 in a savings account that pays 3% interest compounded annually. If Michelle makes no deposits or withdrawals, how much money will be in her savings account after 2 years?
A)$1,007.00
B)$1,007.86
C)$1,004.00
D)$954.81

Answers

Answer:

i think its C....

Step-by-step explanation:

What is one common misconception students have that prevent them from filing the FAFSA?

Answers

one common misconception is that some students think that their families make too much to qualify them for financial aid, which discourages students from filling out the FAFSA
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