Taylor opened a savings account with $425. After 2 years, the total interest earned was $10.20. What was the annual interest rate?

Answers

Answer 1

Answer:

R = 1.2%

Step-by-step explanation:

Given the following data;

Principal = 425

Time = 2

Simple interest = 10.20

To find the annual interest rate;

Mathematically, simple interest is calculated using this formula;

[tex] S.I = \frac {PRT}{100} [/tex]

Where;

S.I is simple interest. P is the principal. R is the interest rate. T is the time.

Substituting into the equation, we have;

[tex] 10.20 = \frac {425*R*2}{100} [/tex]

[tex] 10.20 = \frac {850R}{100} [/tex]

Cross-multiplying, we have;

[tex] 1020 = 850R [/tex]

[tex] R = \frac {1020}{850} [/tex]

R = 1.2%

Therefore, the annual interest rate is 1.2 percent.


Related Questions

у= 4х + 3
у = -X - 2

Answers

Answer:

x = - 1

Step-by-step explanation:

y = 4x + 3

y = -x - 2

Find x:

4x + 3 = -x - 2

5x + 3 = - 2 (Adding x to both sides)

5x = - 5 (Subtracting 3 from both sides)

x = -1 (Dividing 5 from both sides)

Answer: x = - 1

In the summer reading program, a participant earns 50 stars for reading 10 books. The library tracks the number of stars (y, vertical
axis) and books (x, horizontal axis) on a graph. Which statements are correct?
A)
Point (5, 1) represents the unit rate.
B)
Point (1,5) represents the unit rate.
9
Point (0, 50) represents the unit rate.
D)
Point (100, 20) represents reading 20 books.
E)
Point (20, 100) represents reading 20 books

Answers

Answer:b and e

Step-by-step explanation:

Answer:

B and E

Step-by-step explanation:

This is because (1,5) represents the unit rate whilst, (20,100) represents reading 20 books.

MAKE SURE TO DRINK WATER AND A BREAK!!!

THINGS WILL GET BETTER <3

what is the surface area of this shape?

Answers

Answer:

361.88 in.²

Step-by-step explanation:

Surface area of triangular prism = 2(B.A) + PH

Where,

B.A = base area of triangular base = ½*bh = ½*8*6 = 24 in.²

P = perimeter of triangular base = 7.21 + 7.21 + 8 = 22.42 in.

H = height of the prism = 14 in.

Surface area of the prism = 2(24) + 22.42×14

= 48 + 313.88

= 361.88 in.²

The length of a rectangle is three times the width. The perimeter of the rectangle is 32 inches. What is the area of the rectangle (in square inches)?

Answers

Answer:

48 square inches

plz mark brainliest

Step-by-step explanation:

l= 3w

perimeter = 2(l+w) =2(3w+w) = 2(4w)= 8w

32=8w

w=32/8 =4 inches

l= 3(4) =12 inches

area = l×w = 12×4 = 48 square inches

Alr, time to fight pico.
3, 2, 1, GO
← ↓ ↑



ez, thats light workkk
← ↓ ↑




← →
↓ ↑


← →
↓ ↑





↑ →
↓ →
← ↓


okok this is getting difficult


↓ →
↑ →
← ↑
dang i messed up but still, LOOK AT THE BAR AYYYY

lets goooo.

Answers

Answer:

niceeeeeeeeeeeeeeeee!

Step-by-step explanation:

Which expression can be used to determine how far around a rider has traveled after the Ferris wheel has gone around 8 times?

ANSWER FAST PLEASE

Answers

Answer:

Its A

Step-by-step explanation:

But don't believe me this is wrong

How do I do this? Please only the best help.

Answers

Answer:

77.5 degrees and 102.5 degrees

Step-by-step explanation:

Given that : one angle is25 degrees greater than another. Let the two angles be represented by a and b. Since one angle is 25 degreess greater than another, then:

b = a +  25 degrees

But;

a + b = 180 degrees  (sum of angles on a straight line)

a + a + 25 degrees  = 180 degrees

2a = 180 degrees - 25 degrees

a =  77.5 degrees

b = 77.5 degrees  + 25 degrees  = 102.5 degrees

Therefore the measures of all angles formed by the lines is either 77.5 degrees  or 102.5 degrees.

If the circumference of the circle above is 25.12 units, what is the area? (Use 3.14 for T.)

Answers

Answer:

50.24 units2

Step-by-step explanation:

14 masons can build 2 houses in 6 months. Find how many houses 21 masons can build in the same duration.

Answers

Answer:

3 houses

Step-by-step explanation:

2 houses = 14 masons

1 house = 14 ÷ 2 = 7

Find out what 21 ÷ 7 is, which is 3.

So 21 masons can build 3 houses in 6 months.

b. , using the
Pythagorean Theorem,
show that.
C. Solve for X

Answers

X=20
WORK:

100+ 3x +x=180
4x+100=180
-100 -100
4x=80
divide both sides by 4
x=20

HELP AGAIN PLEASE 20 POINTS What methods can be used to solve a system of equations and when would you use each? Be sure to include systems with nonlinear equations.​

Answers

Answer:

The three ways to solve a system of equations are substitution, elimination, and graphing. You can use these methods to solve any system of equations, it just depends on which method you use.

Step-by-step explanation:

In the substitution method, you get one variable isolated on one side of an equation, then use that equation to substitute the variable with what it's equal to into the second equation to solve the equation.

In the elimination method, you get all the variables in your equations together one side, and the constant on the other. Then, multiply or divide one or two equations to get one variable with the same coefficient for both equations (be sure to multiply or divide both sides to each equation), and add or subtract the equations together to get rid of that variable (make sure to add the left sides of the equations together and the right sides of the equations together, no the opposite!) and solve the equation.

In the graphing method, you solve for y in each equation, graph both equations on a coordinate plane, and find the point of intersection for both lines to solve the equation (For example, if the point of intersection is (2, 7), the answer to your equation would be X = 2 and Y = 7).

Solve the system using the substitution method

x = -6y - 4
6x - 12y = 24

Answers

Answer:

x = 2, y = -1

Step-by-step explanation:

We have a solution system, x = -6y - 4 and 6x - 12y = 24.

Now, since are not only asked to use the substitution method, but at the same time know the value of x, let's plug the first system into the second.

x = -6y - 4

6(-6y - 4) - 12y = 24

-36y - 24 - 12y = 24

-48y - 24 = 24

Add 24 to both sides :

-48y = 48

Divide -48 by both sides :

y = -1

Now that we have y, we can replace it into the second system again to get x.

6x - 12(-1) = 24

6x + 12 = 24

Solve for x by first getting rid of 12 from both sides :

6x = 12

Divide 6 by both sides :

x = 2

Therefore, x = 2 and y = -1

What is the decimal equivalent for 139%

Answers

Answer: 1.39

Step-by-step explanation:

Hope it helps! Mark me brainliest.

Pls help Find the measure of angle B​

Answers

Answer:

∠b = 61°

Step-by-step explanation:

∠b + 29° = 90°

∠b = 90° - 29°

∠b = 61°

Brandon gets a settlement from a car accident. The other driver will be paying him $2000 each month for the next 5 years to cover your injury costs.

Answers

Answer:

That would be $120,000 at the end of the 5 years.

Step-by-step explanation:

$2,000 x 12 months = $24,000

$24,000 x 5 years = $120,000 total

kiara is paid 76.95 twice a month.how much money does she make in a year

Answers

Answer:

1,846.8

Step-by-step explanation:

76.95x2= 153.9

153.9x12= 1,846.8

HELP DICE MATH EASY 12 POINTS

Answers

Answer:

1/6

Step-by-step explanation:

There’s 6 sides on a die

1/6 hopes this helps you

Write the following ratio as a reduced fraction. Simplify your answer when possible: 22 to 42

Answers

11/21 is the only right answer

Answer:

11 / 21

Step-by-step explanation:

The ratio 22 to 42 can be written as: 22 : 42, and in fraction form as:

22 / 42  in this fraction we can cancel a common factor of 2 from numerator and denominator, leaving us with the reduced fraction:

2 * 11 / (2 *21) = 11 / 21

4 1/6 + 2 3/4 too many answer not sure which is correct

Answers

Answer:

6.91666666667

Step-by-step explanation:

4 1/6 turn it into an improper fraction so it will become 10/6
2 3/4 turn it into an improper fraction so it will become 10/4

4 1/6 = 10/6
2 3/4 = 10/4 now add them both up

10/6 +10/4 = 30/12 + 20/12
The answer will be 40/12 simplifying it to 3 and 1/3

Darius deposits $600 into a simple interest savings account. After a year, the account balance will be $615. What is the interest rate?


Write the equation AND solve.

Answers

Answer:

savings account. After a year, the account balance will be $615. What is the interest rate?

Write the equation AND solve.

Step-by-step explanation:

savings account. After a year, the account balance will be $615. What is the interest rate?

Write the equation AND solve.

The width of a rectangle, in centimeters, is 17 less than 4 times its length, in centimeters. The area
of the rectangle is 15 square centimeters. What is the width, in centimeters, of the rectangle?

Answers

Answer:

Step-by-step explanation:

W = 4L-17

LW = 15

L(4L-17) = 15

4L^2-17L-15= 0

L = [17 ±√(17^2-4(4)(-15))]/[2(4)] = 5,-3/4

-3/4 is an extraneous solution

L = 5 cm

W = 4L-17 = 3 cm

Find the surface area of this rectangular prism. Be sure to include the correct unit in your answer.

7m
6 m
2 m

Answers

136 I think
Hope this helps you
I think this would be 136

HELP WITH MY MATH PLEASE

Answers

The angels across from each other are the same. That makes the sides and the interior lines the same as well. So that means the lines cannot cross each other. They are parallel

Answer:

because im god and god is good and 9 x 10 is 99999

Step-by-step explanation:

Evaluate 2 to the ninth power. Help plz

Answers

2^9 = 2 x 2 x2 x 2 x 2 x 2 x2 x 2 x 2 = 512

2 ^9 = 512

nesesito ayuda con este problema ​

Answers

Answer:

Step-by-step explanation:

I KNOW SPEAK SPANISH GO TO A MEXICAN SITE NOT A AMERICAN SITE

hi sorry i don’t speak spanish :(

x=5
y=52


since AB and BC are the same length, you know it is an isosceles triangle
so two of the angles are the same
angle A and angle C are the same
so y = 52
A = C :. y = 52


all angles of a triangle add to 180
so add 52 and 52 to get 104
subtract 104 from 180 to get 76
set 14x + 6 = 76
14x = 70
x = 5

Exit Ticket 1/12 (A.2E, A.ZF)
What is the slope of a line perpendicular to a line with slope -6/5?

Answers

Answer:

5/6

Step-by-step explanation:

Perpendicular lines have slopes that are negative reciprocals of each other.

-6/5

6/5

5/6,,

What is the solution to the system of equations?
y =2/3 x + 3
x = -2

Answers

Answer:

The answer is 5/3

Step-by-step explanation:

hope this helped

Pls help I’m failing

Answers

Answer:

-7

Step-by-step explanation:

you divide both sides by -2 and 14/-2 is equal to -7

PLEASE ANSWER I WILL MARK YOU AS BRAINLIEST IF YOU ANSWER CORRECTLYY PLS AND TY​

Answers

Answer:

it is a function

Step-by-step explanation:

Domain is 7 and the range is all the x values

Find the length of line segment KH if K(-1,2) and H(3,5). Round to the nearest tenth if needed

Answers

   i think that that the answer is 13   Step-by-step explanation:

Other Questions
"As quiet as a mouse" is an example of what?A.onomatopoeiaB.hyperboleC.metaphorD.simile Find the slop of the line that passes through the points (-3,-1) and (0,3) please help, it's due really soon! Why are fungi classified together? They get their food the same wayThey have a similar behaviorThey grow in the same areasThey look alike HELP AAAAAAAAAAAAAAAAAAAName all the factors of 12. What is 3.8% of 250? Solve (x+5)32=(x1)3 Are ionic compounds polar or non-polar? Both the euglena and paramecium seen have Read these sentences from a sample analysis paragraph about recycling. Complete each sentence using anappropriate transitionRecycling is important because it helps people clean up the planet.recycling also encourages people create less waste.Recycling is important:it is not always easy.some of the larger recyclable items, car tires, are not easy for people to recycle.wit is still important for people to recycle. Hi can someone help answer the above picture How many 1/8 foot long wooden pegs can be cut from a plank that is 3/4 foot long? 1. La profesora no (querer) explicar nada nuevoporque nadie (traer) la tarea. what is the area of a workshop that is 4 yeards wide and 5 2/3 yards long the options are 9 2/3 13 1/3 20 2/3 22/23 Solve for t. (Answer must be completely simplified)10t=11 5. Describe what a Jukebox Musical is and list one example. last one qwq 8. A farmer has some ducks and pigs in his farm. A visitor counted 16 hoads and 50legs for those animals. How many ducks and pigs are there in the farm?A. 7 ducks and 9 pigsC. 10 ducks and 6 pigsB.7 pigs and 9 ducksD. 10 pigs and 6 ducks Which of the six components of health best demonstrate the importance of good nutrition? BE QUICKA social healthB environmental healthC physical healthD spiritual health Three fourths of the product of four fifths and fifteen Which line represents a reaction with an enzyme? (A or B)