Mr. Flores opened an account with a deposit of $5,000.


• The account earned annual simple interest.

• He did not make any additional deposits or withdrawals.

• At the end of 4 years, the balance of the account was $6,500.


What is the annual interest rate on this account?

A. 5.8%

B. 7.5%

C. 3.3%

D. 1.9%

Answers

Answer 1

Answer:

B. 7.5%

Step-by-step explanation:

First, we need the Simple Interest (S.I)

Total = Principal + Simple Interest

T = P + S.I

6500 = 5000 + S.I

[make S.I the subject of the formula]

S.I = 6500 - 5000

S.I = 1500

Simple Interest = (Principal × Rate × Time) / 100

S.I = (P × R × T) / 100

1500 = (5000 × R × 4) / 100

1500 = 20000R / 100

1500 = 200R

[divide both sides of the equation by 200]

1500 / 200 = 200R / 200

R = 1500 / 200

R = 7.5

The annual interest rate is 7.5%


Related Questions

Please helppp thanksss

Answers

Y-intercept
(0,-2)
x-intercept
(5,0)

Two pyramids are similar. The volume of the larger pyramid is 125 mº and the volume of the smaller pyramid is 27 mº. The height of the smaller pyramid is 3 m What is the height of the larger pyramid? Enter your answer in the box.​

Answers

Answer:

5 m

Step-by-step explanation:

[tex]\sqrt[3]{125}[/tex] = 5

Answer:

5m

Step-by-step explanation:

trust me?

The speed of a train is 35 miles per hour less than 2 times the speed of a car. If the speed of the train is 60 miles per hour, how fast is the car going? Leave the answer as a fraction.

Answers

Answer:

95/2 mph

Step-by-step explanation:

speed of train = 60 mph

speed of car = x

"The speed of a train is 35 miles per hour less than 2 times the speed of a car."

2x - 35 = 60

2x = 95

x = 95/2

Answer: 95/2 mph

Simplify: 3 + ³√64 I have to put 20 charcters so here

Answers

Answer:

   If (x+3) ³ = 64,what is the value of x?

(x+3)3=64

⟹(x+3)3=26=(22)3=43

⟹x+3=4

⟹x=1

Step-by-step explanation:

can i have brainliest

Help!!!!!
The net of a prism is shown below.

Answers

Answer:

SA = (3 x 12) + (3 x 4) = 36 + 12 = 48 cm²

Step-by-step explanation:

9 + 12 + 2(⁷/2) + 15 = 9 + 12 + 7 + 15 = 43 ===> surface area.

Hope to helpfull

Find the percent of the number. 25% of 50 is

Answers

The answer is 12.5
Just take 50/4

Answer:

12.5

Step-by-step explanation:

HELP TIMED!!
Suppose you draw a card from a​ well-shuffled deck of 52 cards. What is the probability of drawing a 7 or a queen​?

Answers

Answer:

50%

Step-by-step explanation:

Its a deck and its suffled

Answer:

[tex]\frac{8}{52}[/tex] = 0.15384615384 = 15.38%

Step-by-step explanation:

There are 4 7s and 4 queens so

[tex]\frac{4}{52}[/tex] + [tex]\frac{4}{52}[/tex] = [tex]\frac{8}{52}[/tex]

Find sin(2x), cos(2x), and tan(2x) from the given information.

sin(x) = - 8/17, x in Quadrant III

Answers

She’s the woods in her life and she wants work to come with her mom so 17x 629 = 567801

como ordeno de menor a mayor el siguiente polinomio : x^4 y^4+x^4 y^3-x^6 y^2+x^8 y+y^5

Answers

Answer:

Un polinomio se ordena de forma ascendente con respecto a una variable, si los exponentes de esta variable aparecen de menor a mayor los términos del polinomio. Un polinomio se ordena en forma descendente con respecto a una variable cuando los exponentes de la variable aparecen de mayor a menor.

Le he proporcionado un cuadro a continuación, espero que ayude :)

what is the answer wil mark brainleist and report those who put random answers 30 points

Answers

Answer: 92 ft

Step-by-step explanation:

Answer:

36 square feet

Step-by-step explanation:

12*7/2 - 3*2 = 36 square feet

Ellen has a balance of $15,000 on her car loan and an interest rate of 2.75%. To pay off the $15,000 in five years, Ellen will have to make a minimum payment of $267.87. If Ellen pays $434.57 per month she can pay off her auto loan in 3 years instead. How much more will Ellen pay if she takes 5 years to pay off her loan instead of 3 years?

Answers

Answer:

347$

Step-by-step explanation:

balance of 15000$

loan 2.75%

minimum 267.87

434.57 per month

=347$

Factor the expression: 12xy+15xyz-3xyz

Answers

Answer: 12xy + 12xyz

Step-by-step explanation:

15xyz - 3xyz = 12xyz + 12xy

5x+y=-19 5x-4y=-24


Help pls​

Answers

Answer:

x= 4 and y=1

Step-by-step explanation:

to solve this you could either use substitution or elimination. elimination would be best her because both 'x's have the same number. subtract the equations from eahh other and solve for y, then substitute the y and solve for x

The system of equations are solved and x = -4 and y = 1

What is an Equation?

Equations are mathematical statements with two algebraic expressions flanking the equals (=) sign on either side.

It demonstrates the equality of the relationship between the expressions printed on the left and right sides.

Coefficients, variables, operators, constants, terms, expressions, and the equal to sign are some of the components of an equation. The "=" sign and terms on both sides must always be present when writing an equation.

Given data ,

Let the equation be represented as A

Now , the value of A is

Substituting the values in the equation , we get

To solve the system of equations:

5x + y = -19 (Equation 1)

5x - 4y = -24 (Equation 2)

Let's use the elimination method in this case.

Step 1: Multiply Equation 1 by 4 and Equation 2 by 1 to eliminate y.

4(5x + y) = 4(-19)

5x - 4y = -24

20x + 4y = -76 (Equation 1 multiplied by 4)

5x - 4y = -24 (Equation 2 multiplied by 1)

Step 2: Add the equations together to eliminate y.

20x + 4y + 5x - 4y = -76 - 24

25x = -100

x = -100 / 25

x = -4

Step 3: Substitute the value of x into either Equation 1 or Equation 2 to solve for y.

5(-4) + y = -19 (Using Equation 1)

-20 + y = -19

y = -19 + 20

y = 1

Hence , the solution to the system of equations is x = -4 and y = 1

To learn more about equations click :

https://brainly.com/question/19297665

#SPJ2

Sinx = [tex]\frac{3}{8}[/tex]
Find cosx and tanx

Answers

Answer:

Cos(x) = sqrt(55) / 8; tan(x) = 3/sqrt(55)

Step-by-step explanation:

Sine is opposite over hypotenuse. So we get that the opposite is 3 and the hypotenuse is 8. To find the adjacent (which we'll need for cosine and tangent), we can use pythagoras' theorem. Therefore, 8^2 = 3^2 + A^2, where A is the adjacent. A then must equal sqrt(64-9) = sqrt(55).

Cosine is adjacent over hypotenuse, which is then sqrt(55) / 8. Tangent is opposite over adjacent, which is then 3 / sqrt(55) or (sqrt55)*3/55

yeah please help me

Answers

Answer:

Its B and E

Step-by-step explanation:

PLS MAKE ME BRAINLIEST

Alyssa attends football games at her school. At each football game, she buys a bottle of water for $0.75 and a candy bar for dollars. Select all expressions that represent the amount of money, in dollars, Alyssa spends after attending 6 football games.Immersive Reader (10 Points) 6(0.75)() 6(0.75) + 6() 6 + 0.75 + x (6 + 0.75)(6 + )

Answers

DO NOT CLICK THE LINK THE OTHER PERSON WHO ANSWERED SAID. PLEASE DONT

Find the y-intercept of the following expression
(2x – 1) (3x - 1)

Answers

Answer:

5

Step-by-step explanation:

Answer:

y-int. is (0,1)

Step-by-step explanation:

Of the possible outcomes in the sample space, how many times does the event of rolling a two occur?

Answers

Answer:

The event of rolling a two happens only once.

Step-by-step explanation:

sample explanation

jhvjkelhndbkjehlhdbhlfoei;hljkdv joer

Answers

Answer:

2.5

Step-by-step explanation:

JEEZUS PLEASE HELP ME PEOPLE KEEP TROLLING ME AND NONE OF MY ANSWERS HAVE BEEN CORECTLY ANSWERED, I WILL GIVE MONEY FOR FLIPS SAKE IF YOU HELP!!!!

Answers

Answer:

14. 6 x [tex]10^{17}[/tex]

15. 28.615 x [tex]10^{10}[/tex]

16. I'm so sorry, I'm not sure!

17. 1.26 x [tex]10^{10}[/tex]

18. 1.639 x [tex]10^{-8}[/tex]

19. 2.025 x [tex]10^{17}[/tex]

Hope that helps! I'm sorry if it's wrong, and sorry about all the trouble that has been brought upon you!

-Aphrodite

Step-by-step explanation:

help me please i will give brainiest!

Answers

Answer:

Latrece will keep $135

Step-by-step explanation:

First, if she sold 18 bracelets, then 18 x 4 = 72.

Latrece will give her friend $72, so 207 - 72 = 135.

Hope this helps!

Where should you plot the ordered pair (6,3) in relation to the origin?

Answers

Answer:

6 spaces to the right 3 spaces up

Step-by-step explanation:

I don't know if this will help you any but for plotting points I was always taught to go to the tree before you climb. meaning you go on the x axis for the first number then on the y axis for the second number. Hope this can help you in the future!

Find the area of the shaded region

Answers

Answer:

128 centimeter

Step-by-step explanation:

sana makatulong

Find the figure of the volume

Answers

Answer:

1300 ft

Step-by-step explanation:

to calculate volume you multiple LengthxHeightxWidth

20 x 13 x 5 = 1300

0.46口 1/3 need help lmk

Answers

Hi thank goodness you thank you for asking thank me thank goodness

Josh is tiling his swimming pool. What information does Josh need?
A.
the area of a tile and the area of his swimming pool
B.
the volume of a tile and the volume of his swimming pool
C.
the perimeter of a tile and the perimeter of his swimming pool

Answers

He née the perimeter of the tile and the perimeter of the swimming pool

Talia bought home. For her pet turtle. The rectangular tank is 3 feet lonc,1 foot wide, and 2 feet high. What is the volume of the tank

Answers

Answer: 6ft³

Step-by-step explanation:

The tank described is a rectangular tank which means that it is a rectangular cube.

The volume of a rectangular cube is calculated by multiplying the length by the width by the height.

Volume of tank is:

= Length * Width * height

= 3 * 1 * 2

= 6 ft³

please could you tell why one is more sweeter and the steps?

Answers

The answer is grandmas because she has more sugar.

what value of 3x makes the equation true?
5x+3x=5x+15/2

Answers

Answer:

2.5

Step-by-step explanation:

when you 5x automatically cancels, and 7.5 / 3 is 2.5

Mhanifa please help im almost done!!

Answers

Answer:

Easy way is to plot the points and confirm visually.

See the attached

We can see opposite sides are parallel and congruent.

This confirms the quadrilateral is a parallelogram.

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