Use the simple interest formula.

You deposit $650 in a savings account. How long does it take an account with an annual interest rate of 5% to earn $178.25 in interest? Round your answer to the nearest tenth.

Answers

Answer 1

Answer:

The Answer is 5.5, rounded to the nearest tenth

Step-by-step explanation:

650 x .05 = 32.5

178.25 ÷ 32.5 = 5.48461538462

5.48461538462 rounds to 5.5

Answer 2

It will take 5 years and 6 months to earn $178.25 in interest.

What is the simple interest?

Simple interest is the borrowing amount added only to the principal amount.

The Formula to calculate the simple interest is;

                                                 S.I. = P x T x R / 100,

Where S.I. is simple interest, P is principal amount, T is time period and R is interest rate in a year.

Given:

You deposit $650 in a savings account with an annual interest rate of 5% to earn $178.25 in interest.

That means,

178.25 = 650 x 5 x t/100

t = 17825/3250

t = 5.5

Therefore, it will take 5 years and 6 months.

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Related Questions

I need help with number 8

Answers

Answer:

507.6 yd³

Step-by-step explanation:

54x9.4=507.6 yd³

Please help please help my friend needs this answerrrrrrrrrr

Answers

answer is 14

hope that helped

the answer is 14 :)))



The Boston Celtics have won 16 NBA championships over approximately 50 years. Thus is may seemreasonable to to assume that in a given year the Celtics win the title with probability p = 16=50 = 0:32,independent of any other year. Given such a model, what would be the probability of the Celtics winningeight straight championships

Answers

Answer:

0.0001 = 0.01% probability of the Celtics winning eight straight championships.

Step-by-step explanation:

For each year, there are only two possible outcomes. Either the Celtics are the champions, or they are not. Each year is independent of other years. So we use the binomial probability distribution to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

In which [tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

And p is the probability of X happening.

What would be the probability of the Celtics winning eight straight championships?

Each year, we have that [tex]p = 0.32[/tex]

Eight straight championships: [tex]P(X = 8)[/tex] when n = 8. So

[tex]P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}[/tex]

[tex]P(X = 8) = C_{8,8}.(0.32)^{8}.(0.68)^{0} = 0.0001[/tex]

0.0001 = 0.01% probability of the Celtics winning eight straight championships.

If x2 = 60, what is the value of x? (3 points)
+120
V60
+30
O 1130

Answers

The answer it’s 30 I think

The principal P is borrowed at simple interest rate r for a period of time t. Find the​ loan's future​ value, A, or the total amount due at time t. Round answer to the nearest cent.

p=900$, r=4%, t=9 months

Answers

Interest for t= $324

Which is an equation of the line that passes through the points (-6, 3) and (2, 7)?

Answers

Answer:

slope: 1/2

y: intercept: (0;6)

so B

The equation of the line is y = x/2 + 6 which passes through the points (-6, 3) and (2, 7) option (B) is correct.

What is a straight line?

A straight line is a combination of endless points joined on both sides of the point.

The slope 'm' of any straight line is given by:

[tex]\rm m =\dfrac{y_2-y_1}{x_2-x_1}[/tex]

It is given that:

The line that passes through the points (-6, 3) and (2, 7)

The equation of the line:

y - 7 = (7 - 3)/(2 + 6)[x - 2]

The ratio that y increase as x increases is the slope of a line. The slope of a line reflects how steep it is, but how much y increases as x increases. Anywhere on the line, the slope stays unchanged (the same).

y = (1/2)x - 1 + 7

y = x/2 + 6

Thus, the equation of the line is y = x/2 + 6 which passes through the points (-6, 3) and (2, 7) option (B) is correct.

Learn more about the straight line here:

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18 m What is the area of this figure? 18 m Enter your answer in the box. 8 m 16 m m?​

Answers

Answer:

532

Step-by-step explanation:

A=(18*18)+ (18*8)+(8*8)

= 532

Find the equation of a line that contains the points (5,−4) and (−8,5).

Answers

Answer:

5-

Step-by-step explanation:

5+4/-8-5

9/-13.....

Janet, an experienced shipping clerk, can fill a certain order in 12 hours. Bill, a new
clerk, needs 13 hours to do the same job. Working together, how long will it take
them to fill the order?
What is the solution?

Answers

Answer:

12.5 Hours.

12 + 13 = 25 ÷ 2 = 12.5

Hope This Helps You.

19) Oranges are $2.50 per pound. Which equation shows the number of 'p
pounds you can buy if you have $20?*

Answers

the answer is 2.50p=20

the oranges are 2.50 per pound (2.50p) and you have a total of $20.

hope this helps :)

Pls help I need a good grade

Answers

Answer:

f= -14

Step-by-step explanation:

Answer:

f= -14

Step-by-step explanation:

math nation section 7

Answers

which question do you need help with?

Answer:

I don't understand the ques?

Step-by-step explanation:

Evaluate (find the output or y value of) the following function for x=5.
y=3x2-8

Answers

The answer for y is y= -2

HELP PLEASE WILL GIVE BRAINLIST

Answers

You multiply the radius by 2 and then multiply that by pi(3.14)so your answer would be 31.4
The answer is 31.4 hope it helps!!!

Find the measure of angle 4

A. 51
B. 39
C. 90

Answers

Answer:

angle 4 is equalivent to B.) 39°

Find the slope of the graph shown
(Which one is it???)

Answers

Answer:

B

Step-by-step explanation:

The formula for slope is [ y2-y1/x2-x1 ] and we can use the point (-1, 0) and (0, -1).

-1-0/0-(-1)

-1/1

-1

Best of Luck!

To make fruit salad, Maria bought 2 1/4 pounds of apples, and 1 1/3 pounds of peaches. How much fruit salad did this make? Make sure your answer is in simplest form.

Answers

Answer:

3 7/12

Step-by-step explanation:

3y>15 solve for y. Then graph

Answers

Answer:

Step-by-step explanation:

Answer:

Divide each term in

3

y

=

15

by

3

.

3

y

3

=

15

3

Cancel the common factor of

3

.

y

=

15

3

Divide

15

by

3

.

y

=

5

Step-by-step explanation:

A florist sells a dozen roses for $22.60. She sells individual roses for the same unit cost. Write an equation to represent the relationship between the number of roses, x and the total cost of the roses, Y. How much would 18 roses cost ?

please answer asap

Answers

Answer:

The cost of the roses are $53.10

Celebration! Hope this helps ^_^

Henry spends $50.00 on lunch, $12.00 on a cap and spends $6.00 on bananas. Hicks spend $120.00 on clothes and $15 on a cap. Henry borrowed money from Hicks to buy his items. In other words, Hicks paid for Henry. Lucky for Hicks he had a discount coupon for 10% off his lunch. Hicks bank account has a balance of $225.
How much will the purchase cost him?

Answers

Answer: his lunch will cost him 45 dollar

Step-by-step explanation:

write half of a page...
Describe how does A,H,K affect X^2?​

Answers

Answer:

In order to prepare for this section, let's review how the values of "a", "h", and "k" affect the graph of the parent function y = x 2. Answer each of the following questions and use your prior knowledge of graphing quadratic functions. Once you have your answer, click on each question to reveal the solution.

Step-by-step explanation:

11. Alex puts $125 per month in a savings account.
At that rate, how much will he put into the
account over 18 months

Answers

Answer:

$2250

Step-by-step explanation:

All you have to do is multiply 125×18= 2250

125 x 18= 2,250. That is your answer.

What is 4/9 divided by 8/15

Answers

Answer:

the answer is 5/6

Step-by-step explanation:

Answer:

5/16

Step-by-step explanation:

What is the perimeter of the square garden? 5 1/2 ft

Answers

Answer:

22ft

Step-by-step explanation:

Perimenter is add ALL sides. Squares have equal sides.

5.5(4)=22ft

While walking in the country, you count 35 heads and 96 feet in a field of pigs and chickens. How many of each animal are there?
Answer

Answers

Answer:

13 pigs and 22 chickens

Step-by-step explanation:

Help me pls pls pls

Answers

Answer:

Step-by-step explanation:

-x/5>1/20 multiply both sides by 5

-x>5/20 divide both sides by -1 ( so you must reverse equality sign)

x<-5/20 divide both numerator and denominator by 5

x<-1/4

f(x) = x^2. What is g(x)?

Answers

the answer is “B”
g(x)= 3x^2

3/20 3/10 1/10 1/5 1/4
Least To greatest

Answers

Answer:

1/10,  3/20,  1/5,  1/4,  3/10

Step-by-step explanation:

its least to greatest

Answer: Order from Least to Greatest

1/10 < 3/20 < 1/5 < 1/4 < 3/10

Step-by-step explanation:

point U is on line segment TV . GIVEN TU= 4, UV = 5× AND TV = 3× 6 det
determine the numerical length of Tv​

Answers

Answer:

ejgsisysusyeusyegewt

Step-by-step explanation:

shgsjsysysgegiw

Henry buys a softball for $16 plus a 9% tax. Ella buys a pair of shoes for $17 plus a 9% tax. Enter the difference in the amount
Henry and Ella paid, including tax. Round your answer to the nearest cent.

Answers

Answer:

The different of the tax was 0.09 cents

Step-by-step explanation:

1. Find how much the tax was

Henry = (16/100) (9) = (0.16) (9) = $1.44

Ella = (17/100) (9) = (0.17) (9) = $1.53

2. Subtract the taxes

1.53 - 1.44 = 0.09 cent

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