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

What is 5 divided by 1/8?

Answers

Answer: 50

Step-by-step explanation:

Its 40

Step-by-step explanation

write 1,593 in standard form

Answers

Answer:

one thousand five hundred and niethree .

Step-by-step explanation:

You just use words instead of numbers.

Assume that y varies inversely
with x. Ify = 7 when x = 2/3, find
y when x = 7/3.

Y=?

Answers

Answer:

y = 2

Step-by-step explanation:

y varies inversely with x setup is:

y = k/x

7 = [tex]\frac{k}{2/3}[/tex]  (find 'k')

k = 7/1 · 2/3

k = 14/3

use what you know about 'k' and 'x' to solve for 'y'

y = 14/3 ÷ 7/3  (remember to multiply by the reciprocal when dividing fractions)

y = 14/3 · 3/7

y = 2

The yield of strawberry plants depends on the amount of fertilizer fed to the plants. Agricultural research shows that an acre of strawberry plants will yield 770 pounds of strawberries when 70 cubic feet of fertilizer are applied. If 90 cubic of feet of fertilizer are applied, the yield will be 990 pounds of strawberries. Use linear interpolation to estimate the yield if 72 cubic feet of fertilizer are applied.

______________(and select unit of meansure)---> (cubic feet/ pounds per cubic foot/ pounds/cubic feet per pound

Answers

Answer:

[tex]792\ \text{pounds}[/tex]

Step-by-step explanation:

[tex]x_1=70[/tex] cubic feet of fertilizer is used in [tex]y_1=770[/tex] pounds of strawberries

[tex]x_2=90[/tex] cubic feet of fertilizer is used in [tex]y_2=990[/tex] pounds of strawberries

[tex]x=72[/tex] cubic feet of fertilizer is used

Linear interpolation is applied

[tex]y=y_1+\dfrac{(x-x_1)(y_2-y_1)}{x_2-x_1}\\\Rightarrow y=770+\dfrac{(72-70)(990-770)}{90-70}\\\Rightarrow y=792\ \text{pounds}[/tex]

72 cubic feet of fertilizer will yield [tex]792\ \text{pounds}[/tex] of strawberries.

Is 3 a rational number

Answers

Answer:

Yes

Step-by-step explanation:

Rational numbers are numbers that can actually be written down and end at some point, such as 3, 4, 6, 10, etc. Some numbers that aren't rational are numbers like π, which are never-ending.

2
Simplify the expression by combining like terms.
2x + 4y + 6 + 2y - 5+ 3x
<

Answers

Answer:

5x + 6y + 1

Step-by-step explanation:

Can anyone help I do t know how to find all seven angles

Answers

Answer:

1. 110

2. 70

3. 70

4. 110

5. 110

6. 70

7. 70

Step-by-step explanation:

when to lines cross, opposite angles are equal so like 1 and 4 are equal

1, 4, and 5 are equal to 110

to find 2, 3, 6, and 7, subtract 110 from 180

Step-by-step explanation:

110 is vertical from angle 5 so they are the same

180-110=70 degrees

Find the greatest common factor of 16 17 20

Answers

Answer:

1

Step-by-step explanation:

As you can see when you list out the factors of each number, 1 is the greatest number that 16, 17, and 20 divides into.

brainliet, please? hee hee

a painter can paint 180 square feet in 30 minutes. how many square feet can he paint in 120 minutes?

Answers

Answer:

720

Step-by-step explanation:

jayfeather friend me

Answer:

720

Step-by-step explanation:

PLEASE HELP!!
What is the volume?
8 t
7 ft
21
cubic feet

Answers

Answer:

The answer is 8ft

Step-by-step explanation:

hope that helps :)))

Answer:

112ft²

Step-by-step explanation:

volume= length×breadth×height

[tex]v = 8 \times 2 \times 7 = 112f {t}^{2} [/tex]

I need help please answer

Answers

Answer:

√130

Step-by-step explanation:

_______________________

10 Determine the area of the figure. 9 cm 6 cm 12 cm​

Answers

Answer:

Area= 648

Step-by-step explanation:

Area formula: L times W times H

9 times 6 times 12        :)

When the length, width, and the height is given so the area of the figure is considered to be 648.

Calculation of an area:

Since the length is 9cm

The width be 6 cm

And, the height is 12 cm

So, the area be like

= (9) (6) (12)

= 648

Hence, When the length, width, and the height is given so the area of the figure is considered to be 648.

Learn more about an area here: https://brainly.com/question/20882229

When 6 pounds of coffee cost $4.68, how much will 3 1/2 pounds cost?

Answers

Answer:

2.73

Step-by-step explanation:

Have a great day! I just put it down to cost per pound and and then multiplied by 3 1/2 and got the answer. :)

Answer:

$4.48

Step-by-step explanation:

6/4.68 = 1.28205128205 = 1.28

3 1/2 x 1.28 =

3.5 x 1.28 = 4.48 =

$4.48

What is the range of the function f(x)= 2 + 4 when the domain is {-2, 0, 3}?

A {4.25, 5, 12}
B. {0, 4, 10}
C. {4.25, 4, 12}
D. All Real Numbers

Answers

The domain is the possible input values "x" .. in this case [-4, -2, 0, 2, 4]

The range are the possible output values of f(x)

We need to solve f(x) = 3.2x for each value in our domain

f(-4) = 3.2(-4) = -12.8

f(-2) = 3.2(-2) = -6.4

f(0) = 3.2(0) = 0

f(2) = 3.2(2) = 6.4

f(4) = 3.2(4) = 12.8

Help me please guys.

Determine the ratio in the picture below

Answers

Answer:

Sin Z=30/50 or 3/5

Step-by-step explanation:

To figure out Sin Z, you need the formula which is Sin=o/h

O=opposite

H=Hypotenuse

To find opposite, you locate the angle(angle Z) and you draw an arrow that is opposite of the angle. To find hypotenuse, you pinpoint the right angle and you find the degree that it is opposite of.

O=30

H=50

Finally, you simplify 30/50 to get 3/5ths. Hope this helps you out!

Which of the following functions is graphed below?

Answers

Answer:

i think it is Answer D i am not sure

Step-by-step explanation:

Can someone help me with this pls, it's due very soon!!

Answers

Not exactly sure if I’m understanding the question correctly, but here is my answer:

2x+20

Explanation:

I took the equation of the larger rectangle (5x+18) and subtracted the equation of the smaller rectangle (3x-2) from it.
(5x+18) - (3x-2)
Distribute the (-) to the second equation to get 5x+18 -3x+2
Combine alike terms to leave you with 2x+20

5. If the ratio of boys to girls in a student's class is 5 to 7, what fraction of the class is boys?
What fraction is girls?

Answers

Answer:

Boys ratio- 5/12 girls ratio 7/12 dont think you can simplify

Step-by-step explanation:

Answer:

5 = Boys  7 = Girls

Step-by-step explanation:

Boys:Girls = 5:7. I hope this helps :)

which of the value of x satisfies the equation below -2x-7=12

A: x= -9.5

B: x= -9

C: x=9

d:x=9.5

Answers

Answer is A.
You start by adding the 7 to the opposite side. Giving you 19. You divide both sides by -2 which gives you x on one side and -9.5 on the other.

-2x-7=12
-2x=12(+7)
-2x=19
x=19/-2
x=-9.5

Do 4x and 15+x have the same value when x is 5

Answers

Answer:

Yes!

Step-by-step explanation:

4x5= 20

15+5= 20

What is the graph represents the equation y=1/3x+2

Answers

Step-by-step explanation:

step 1. you mean which graph represents the equation y = (1/3)x + 2?

step 2. please provide the graphs - they are missing.

step 3. the equation has a slope of 1/3 which means it goes up one and three to the right.

step 4. the y intercept is 2 so it goes through the point (0, 2).

If a figure is dilated by a factor of 1.5, the area of the figure will change by a factor of

Answers

Answer:

The figure will change by a factor of 2.25.

Step-by-step explanation:

When the lengths (1-dimensional) change by a factor 1.5 (the definition of dilating a figure), the area (2-dimensional) will change by a factor 1.5 to the power of the quotient of the values of the dimensions, which is 2/1 = 2. So the area will change by a factor of 1.5^2 = 2.25.

the area of the figure will change by a factor of 2.25

you spin the spinner below once: what is the P(getting a number less than 5)?

Answers

Answer:

3/4

Step-by-step explanation:

Answer: it would be 3/4 hope this helps you!!!

Step-by-step explanation:

Solve the following equation for x: 2(5x+6)+3x=38

Answers

Answer:

x=2

Hope this helps! Have a good day! :)

what equality is shown here on the number above?​

Answers

Answer:

the equality shown is : x is greater than or equal to -3.

Can someone help pleasere

Answers

c=-3. (2c)^3
(2(-3))^3
(2-3)^3
(-1)^3
-1*-1*-1=
-1

Can someone help? I’ll give brainliest

Answers

Answer:

yes i will!

Step-by-step explanation:

If the point (-5, -4) is reflected across the x-axis, what are the coordinates of the new point?

Answers

Answer:

(-5, 4)

Step-by-step explanation:

Recall that in a reflection across the x-axis the x coordinate stays the same, while the y coordinate flips its sign.

Therefore

(-5, -4)  converts under reflection into (-5, 4)

what does 108 × 1/3 equal?​

Answers

Answer:

It would be 36

Explanation:

First:

Convert any mixed numbers to fractions.

Then your initial equation becomes:

108/1 ×1/3

Applying the fractions formula for multiplication,

=108×1/1×3 = 108/3

Simplifying 108/3, the answer is

=36

hope it helped. :)

2x^3+7x^2-4x+7/x^2+2x+2

Answers

Answer:

Step-by-step explanation:

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