Dr. Jones deposited $500 into an account that ears 6% simple interest. How many years will it take for the value of the account to reach $2000

Answers

Answer 1

Answer:

50 years

Step-by-step explanation:

Given data

Principal= $500

Rate= 6%

Amount = $2000

The simple interest expression is given as

A=P(1+rt)

Substitute

2000= 500(1+0.06*t)

open bracket

2000=500+ 30t

2000-500=30t

1500=30t

t= 1500/30

t= 50 years

Hence the time is 50 years

Answer 2

Answer:

50 years

Step-by-step explanation:

Formula for simple interest:

I = Prt

where

I = interest earned

P = principal amount deposited

r = annual interest rate

t = number of years

When the account reaches $2000, $500 is from the principal and

$2000 - $500 = $1500 is from the interest.

We use the simple interest formula to find the number of years needed to earn $1500 in interest from $500 principal at 6% interest rate.

1500 = 500 * 0.06 * t

t = 50

Answer: 50 years


Related Questions

Please help me with the question please ASAP ASAP please please ASAP please please help
* It’s NOT 24 if you get 24

Answers

Answer:

The tree is 8 foot long

hope this helps

good day mate

Answer:

8

Step-by-step explanation:

12:6 = x:4

2:1 = x:4

x=8

(A) A function is a rule that assigns (options) exactly one or one or more
output(s) to Two or more or each
input(s).
(B) The graph of a function is a set of ?
consisting of one input and the corresponding output.
(C) You can determine if a graph represents a function by using the ?

Answers

Answer:

A) A function is a rule that assigns one input into one output.

The general function is f(x) = y

Where we have one input, x, and one output, y.

But this is a really simple type of function, for example, you could define a function that calculates the volume of a box of length L, width W, and height H as:

V = f(L, W, H) = L*W*H

Then we have "3 inputs" and one output, right?

Well, not exactly, here the set (L, W, H) is called the input, so here we have a single input consisting of 3 variables.

Also we can have functions with a single input into vector-like outputs

For example:

(y, z) = f(x)

So for the input x, we got two values in the output y and z, but this is a single output defined as (y, z), then we always have a single output.

B) The graph of a function is a set of points consisting of one input and the corresponding output.

C) You can determine if a graph represents a function by using the vertical line proof.

A rule that assigns inputs into outputs is only a function if each input is assigned into only one output.

Then if we draw a vertical line that intersects our graph, it should intersect it only one time for functions.

If the line intersects the line two times this means that a single input has more than one output, then this is not a function.

Answer:

A: exactly one, each

B: ordered pairs

C: vertical line test

Step-by-step explanation:

You spin the spinner and flip a coin. Find the probability of the compound event. The probability of spinning a number less than 3 and flipping tails is

Answers

Answer:

1/5

Step-by-step explanation

The spinner has the numbers 1-5 and they want the numbers less than 3 there a 2/5 then multiply the denominator by 1/2 thin divide it by 2

2/10 divided by 2 = 1/5

.

3 apples cost $1.00. How many apples for $2.00

Answers

Answer:

6 apples

Step-by-step explanation:

3 apples cost $1.00

so for $2.00, 2x3÷1=6

hope it helps. plz mark me as brainliest.

Answer:

6 apples

Step-by-step explanation:

if three apples are 1 dollar then every time you add a dollar you would get three more apples

so it would look somthing like

1$ = 3 apples

2$= 6 apples

3$= 9 apples  

4$= 12 apples

so on

A system of equations is created by using the line that is created by the equation 3x-2y=-4 and the line that is created
by the data in the table below.
Х
y
-9
-3
-1
-5
3
3
5
7
What is the y-value of the solution to the system?

Answers

Answer:

y=6x-8

Step-by-step explanation:

3x-2y=-4

3x^2-2y^2=-4^2

6x-y=8

y=6x-8

I have two questions
1.) what are 3 equivalent ratios for 5/45

2.) what are 3 equivalent ratios for 3/5

Answers

1.) 1/9, 2/18, 3/27
2.) 6/10, 12/20, 9/15

HELPPPPPPPPP
What is the value of x in the figure at the right?

Answers

Answer:

x=30

HOPE THIS HELPS

-Todo <3

Step-by-step explanation:

60=2x

/2   /2

30=x

Fran has a box of candy. There are 5 pieces of lemon-flavored candy, 3 pieces of orange-flavored candy, and 4 pieces of grape-flavored candy in the box. Fran will randomly select 1 piece of candy from the box. What is the probability that the piece of candy will NOT be lemon flavored?
A. 7/12
B. 5/12
C. 5/7
D. 2/3

Answers

Answer:

5/12

Step-by-step explanation:

Answer:7/12

Step-by-step explanation: 5+3+4=12 12-5= 7/12

Which of the following expressions results in 0 when evaluated at x = 3?

(x + 3)(x + 12)

(x + 20)(x - 3)

-20x(x + 3)

(x + 8)(x - 5)

Answers

(X+20)(x+ 3). Put 3 in for x.

Q9.
£4000 is invested at 2% compound interest.
(a) What is the value of the investment after 3 years?

Answers

Answer:

£4244.83

Step-by-step explanation:

Use the compound amount formula:

A = P(1 + r)^t.  Here, P = £4000, r = 0.02 and t = 3 yrs

So:  A = £4000(1 + 0.02)^3, which comes to:

       A = £4000(1.061) = £4244.83

James has a bank account with $500 that collects 3% interest annually. How much will be in James account after 24 months if no transaction are made?

Answers

Answer:

$360

Step-by-step explanation:

Find 3% of 500 = 15

Multiply 15 by 24 = 360

Find the length of the missing side.
7
24

A 25
B.168
C 31
D. 625

Answers

Answer: C

Step-by-step explanation: #1 because if you add 24 and 7 it looks like the other side.

Answer:

A. 25

Step-by-step explanation:

By Pythagoras theorem,

[tex] {25}^{2} = {24}^{2} + {7 }^{2} \\ 625 = 576 + 49 \\ 62 5= 625 \\ therefore \: 25 \: is \: the \: correct \: \: answer.[/tex]

Mr. Cresta spends $6.00 for every $3.00 he saves. Write a ratio equivalent to Mr. Cresta's spending

Answers

Answer:

12:6 or $12 for every $6 he saves

Step-by-step explanation:

If he spends $6.00 for every $3.00, he would save $6 if he spends $12. In this case you could multiple or divide 6 by any number, and do the same to 3 to get an equivalent ratio. Ex. Multiple 6 times 2 to get $12 and 3 times 2 to get $6.

Answer:

300

Step-by-step explanation:

what number adds up to three and multiples 22 to

Answers

Answer:

Factors of 22: 1, 2, 11, and 22.

Prime Factorization of 22: 22 = 2 × 11.Step-by-step explanation:

Least:
Greatest:.
Median
Lower Quartile Range:
Upper Quartile Range:
thx :)

Answers

Answer:

Below :)

Step-by-step explanation:

Least/Minimum: 0

Greatest/Maximum: 6

Median: 2

Lower Quartile Range: 1

Upper Quartile Range: 3

Find median:

0, 1, 1, 1, 1, 1, 1, 2, 2, 2, 2, 2, 3, 3, 3, 3, 4, 4, 4, 6

Find Lower Quartile:

0, 1, 1, 1, 1, 1, 1, 2, 2, 2

Find Upper Quartile:

2, 2, 3, 3, 3, 3, 4, 4, 4, 6

Fill in the blanks to complete the area model to solve 6.60 divided by 15 is the same as _ x ? = _ 6.60 = _ hundredths

Answers

Answer:

[tex]15 x = 6.60[/tex]

[tex]x = 44\ hundredths[/tex]

Step-by-step explanation:

Given

[tex]\frac{6.60}{15}[/tex]

Required

Complete the model

[ ] x = 6.60

x = _ hundredths

[tex]\frac{6.60}{15}[/tex]

Equate to x

[tex]x = \frac{6.60}{15}[/tex]

Multiply both sides by 15

[tex]15 * x = \frac{6.60}{15} * 15[/tex]

[tex]15 * x = 6.60[/tex]

[tex]15 x = 6.60[/tex]

So, we have:

[ ] x = 6.60 =====> [tex]15 x = 6.60[/tex]

Recall that:

[tex]x = \frac{6.60}{15}[/tex]

[tex]x = 0.44[/tex]

This implies that:

[tex]x = 44\ hundredths[/tex]

Hence:

x = _ hundredths =====> [tex]x = 44\ hundredths[/tex]

A video of Mr. Satyam’s class discussing mathematical strategies won a STEM award. 8% of the videos won awards. There were 24 awards. What is the total number of videos?

Answers

Answer:

There were 300 videos.

Step-by-step explanation:

Since there are 24 videos that got awards, and that's only 8% of the total videos, you put those together. We want the number of 100% of the videos. I would solve this by setting up a ratio and solving for [tex]x[/tex]. This is would look like:

[tex]\frac{24}{8} =\frac{x}{100}[/tex]  

In order to get to 100, you must multiply 8 by 12.5. Therefore, you can multiply 24 by 12.5 to complete the ratio. That would make the ratio look like:

[tex]\frac{24}{8} =\frac{300}{100}[/tex]

Therefore there are 100% of the videos in the contest is 300.

(200 x 3) + (50 x 3)

Answers

200x3=600

50x3=150

600+150=750

750

What’s the answer ?

Answers

The answer should be D
Last one
Is the correct answer

-6x - 14 > 10 what is the answer to this problem, please helt

Answers

Answer:

Inequality Form:

x < - 4

Interval Notation:

( − ∞ , − 4 )

Step-by-step explanation:

Find the unit rate.
2 2/5 to 3 3/4

Answers

Answer:

2 2/5=5/5+5/5+2/5=12/5

3 3/4= [(3•4)+3]/4=15/4

(12/5) / (15/4)= 12/5 • 4/15=12•4/5•15=

48/75 kilometers in 1 minute

Step-by-step explanation:

How that this helps! :)

Have a great rest of your day/night!

HELPPPPPPP
What is the value of x?

Answers

I.) 8
180 - 140 = 40.. divide that by 5 since it’s 5x, which’ ll leave you with 8.

Answer:

the angles are supplementary

so, 5x + 140 = 180

5x = 180 - 140

5x = 40

X = 40

5

X = 8

10 people can paint a building in 5 days. If each person paints as quickly as the others then how much of the building could 7 people paint in 5 days?


A.7/5
B.5/7
C.7/10
D.10/7

Answers

Answer:

C

20 character minimum

Which value below represents the solution to 64 = 4u

Answers

Answer:

You didnt write the options

Answer:

u=16

Step-by-step explanation:

64=4u

divide both sides by 4

16=u

[48 (72-12) -225] ÷ 9

someone pls help​

Answers

Answer:

295

Step-by-step explanation:

Answer:

295!

Step-by-step explanation:

72 - 12 = 60

48 x 60 = 2880

2880 - 225 = 2655

2655 / 9 = 295

Have you ever heard of PEMDAS? It is the order in which to solve equations like this one. Here's what it stands for:

Parenthesis

Exponents

Multiplication

Division

Addition

Subtraction

I hope this is helpful for future math equations similar to this one.

Ally has taken 5 quizzes this year. Her mean quiz score is 8 out of 10. She takes another quiz and gets a perfect score of 10. What happens to her mean score?

Answers

Answer:

It goes up

Step-by-step explanation:

Three people each rented a car with insurance and one more prson rented a car with a car wash. What is the expression for the total cost

Answers

Correct Question is:

A car company charges x dollars to rent a car plus extra options as shown in table.

Car seat = 50 $

Insurance = 75 $

Car Wash = 15 $

Three people each rented a car with insurance and one more person rented a car with a car wash. What is the expression for the total cost?

Step-by-step explanation:

3 people rented with insurance = (x + 75) * 3) = 3x +225

one person rented with car wash = (15+x)

Total car rental will be adding both equations = 3x +225 + 15 + x = 4x + 240

A college surveys local businesses about the importance of students as customers. The college chooses 150 businesses at
random from telephone listings. Of these, 68 return the questionnaire. The population being studied is:

A. The set of all local businesses

B. The 68 businesses who returned surveys

C. The 150 businesses who were sent surveys

D. All the students at the college

Answers

The proportion of businesses who did not respond = 54.67%

Given : Total businesses = 150

Businesses responded = 68

Businesses did not respond =  150- 68 = 82

The proportion of businesses who did not respond =

82/150 x 100

54.67%

Please help me with this questions please please ASAP ASAP please ASAP help please please ASAP please I'm begging you please please ASAP

Answers

Answer:

Question 3: 8000

Question 4: 300

Answer:

3. 8,000

4. 300

Step-by-step explanation:

3.

2/5 * 20,000 = 2 * 20,000/5 = 2 * 4,000 = 8,000

Answer: 8,000

4.

Use a proportion.

10/2 = x/60

5/1 = x/60

x = 5 * 60

x = 300

Answer: 300

Help please I’m confused

Answers

Answer:

it is the 2nd option

Step-by-step explanation:

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