Li deposited $17,500 into a bank account that earned simple interest each year. After 2 years, he had earned $2975 in interest. If no money was deposited into or withdrawn from the account, what was the annual interest rate? Enter your answer in the box.

Answers

Answer 1
Question: Li deposited $17,500 into a bank account that earned simple interest each year. After 2 years, he had earned $2975 in interest. If no money was deposited into or withdrawn from the account, what was the annual interest rate?                                                                                                                      Solution: I=Prt. First, we have to find the interest / I. In the question is asked: '' he had earned $2975 in interest" so we know that the Interest/ I is $2,975.      $2,975= $17,500/P*r*2/t in years   (Substitute)                                                    $2,975= 35,000r                             (Multiply)                                               $2,975/35,000= $35,000r/$35,000 (Divide each side by $35,000)                          $2,975/$35,000=0.085                                                                                           Covert the decimal 0.085 to a percent. To do so multiply the decimal by 100  0.085*100= 8.5, add the percent sign and you got the answer 8.5%                           Li's annual interest rate is 8.5% (we were finding the rate/r)
Answer 2

Answer:

8.5%✅

Step-by-step explanation:

I took a K12 2.08 Quiz: Simple Interest, so these are confirmed correct answers on my side, it could be different for other platforms.

An account with an initial balance of $5000 earns 5% interest for 3.5 years. What is the ending balance?

Enter your answer in the box

$5875

Li deposited $17,500 into a bank account that earned simple interest each year. After 2 years, he had earned $2975 in interest. No money was deposited into or withdrawn from the account. What was the annual interest rate?

Enter your answer in the box.

8.5%✅

Bonita deposited $1300 into a bank account that earned 5.75% simple interest each year. She earned $299 in interest before closing the account. No money was deposited into or withdrawn from the account.

How many years was the money in the account?

Round your answer to the nearest whole year.

Enter your answer in the box.

4 years✅

Jackie deposited $315 into a bank account that earned 1.5% simple interest each year. No money was deposited into or withdrawn from the account. How much money was in the account after ​3​ years?

Round your answer to the nearest cent. Enter your answer in the box.

$329.18✅

Safiya deposited money into a bank account that earned 6.5% simple interest each year. After  312 years, she had earned $36.40 in interest on the account. No other money was deposited into or withdrawn from the account. How much was her initial deposit?

Enter your answer in the box.

$160✅

Have a wonderful day, and hope it helped.


Related Questions

A sixth grader weighs 90 pounds, which is 120% of what he weighed in fourth grade. How much did he weigh in fourth grade?

Answers

90=1.2f
(f stands for how much he weighed in fourth grade)
(1.2 is 120%, because % stands for divided by 100)

So, divide by 1.2 on both sides.
75 pounds.

Answer:75

Step-by-step explanation:

A pound of beans costs $4.70. Mrs. Patel buys 6.5 pounds of beans. How much dose she pay for the beans ?

Answers

$30.55
-----------------------------------------
4.70
x 6.5
_____
2350
28200
_______
30.550
4.70            
x    6 ( lbs)
28.20

4.70 divided by 2 is 2.35

28.20 +2.35 = 30.55




Ann bought two shirts for $28.95 each and a skirt for $33.95. The sales tax was $3.71. About how much did she pay altogether?

It says you need to round to the nearest one, and add the whole numbers. :D

Answers

95.56 28.95 times 2 plus 33.95 plus 3.71
$28.95 + $33.95 = $62.90
$62.90 + $3.71 = $66.61

The answer is $66.61

Compare and contrast the methods you can use to multiply a whole number and a decimal

Answers

Whether treating the decimal as a whole number or converting it to a fraction, the key lies in preserving the accuracy of the product while considering decimal positions.

Multiplying a whole number by a decimal involves different methods, with the primary goal of determining the product accurately. One method is to treat the decimal as a whole number, ignoring its decimal point initially.

Multiply the whole number as usual, and then consider the decimal point's position in the result. The number of decimal places in the product is equal to the sum of the decimal places in the factors.

Alternatively, one can convert the decimal to a fraction before multiplication. This involves expressing the decimal as a fraction with the denominator being a power of 10.

Afterward, multiply the whole number by the numerator and simplify the fraction if necessary. Both methods yield the same result but may be more intuitive for different individuals. The key is to maintain awareness of decimal positions and convert between decimal and fractional forms as needed.

What is the value of the expression?divide 57/20

Answers

57/20=2.85 is the answer
57/20= 2.85 is the answer

4. A gardener has 10 pounds of soil. He used of the soil for his garden. How many pounds of soil did he use in the garden? How many pounds did he have left?

Answers

5/8


10 ibs / 8 =1.25 ibs


1.25 ibs * 5 = 6.25 ibs.


He used 6.25 ibs and has 3.75 ibs of soil left for his garden.

H E L P      P L E A S E
Solve and check.
16 = 1/4p

Answers

16=1/4p

step 1: flip the equation.
1/4p=16

step 2: multiply both sides by 4.
4*(1/4p) =(4)*(16)
p=64
Answer: p=64
16 - [tex] \frac{1}{4} (p) = 0 [/tex]
[tex] \frac{1}{4} [/tex] 
16 - [tex] \frac{1}{4} (p) = 0[/tex]
[tex] \frac{16(4)}{4} [/tex]
[tex] \frac{64 - p}{4} [/tex]
[tex] \frac{64 - p}{4} (4)[/tex]
P becomes a negative so the problem is -p + 64 = 0
If you subtract "64 " from each side -p = 64
Then multiply each side p = 64
Then we get the result "64" 

Therefore, the valu of "p"  would have to 64 

:)

Marco went bowling and spent a total of $21. This included the shoe rental of $7. He bowled 4 games. How much did each game cost? A. $3.50 B. $3.66 C. $4.25 D. $7.00

Answers

The costs of each game was A. $3.50
$21 - $7\4 = $3.50

So first you do 21 - 7 because you don't want to count the shoe rental, and you get 14. Then, if he bowled 4 games, you'd divide 14 by 4 which is (1 ÷ 4 = 0
14 ÷ 4 = 3 (remainder 2)
20 ÷ 4 = 5)
3.5, which is A. $3.50

Calculeaza a-b+c stiind ca a-1538=b+718=2000-c=1074

Answers

a-1538=1074
a=1538+1074
a=2612




b+718=1074
b=1074-718
b=356



2000-c=1074
c=2000-1074
c=926


2612-356+926=3182

what is 602,107 in word form

Answers

Six hundred two thousand one hundred and seven.
six hundred two thousand, one hundred seven.

Hope this helped! :)

Yolanda is buying a car with a base price Of 16,750. She must also pay the options,fees,and taxes shown.The car dealership will give her 48 months to pay off the entire amount. Yolanda can only afford to pay 395 each month. Will she be able to buy the car explain fully

Answers

yes she would and why well because if you multiply 395 ×48 which 395 is each month what she is going to pay and 48 months she has to pay well that equals 18,960 and the price is 16,750 so Yolanda well be able to pay her car in no time.
Final answer:

Assuming the additional costs raise the base price of the car to $18,000, by multiplying her monthly payments of $395 by 48 months, Yolanda could afford up to $18,960. Therefore, Yolanda can afford the car.

Explanation:

To determine whether Yolanda can afford the car, we must first establish the total cost of the car including options, fees, and taxes. Suppose they escalate the base price of the car from $16,750 to a total of $18,000, which is within the values provided in the Price and Demand Shifts: A Car Example table.

Next, we need to multiply Yolanda's monthly payments of $395 by the payment period of 48 months. This equals $18,960. Yolanda's total affordability over the 48-month duration would be $18,960.

Given her total affordability surpasses the total cost of the car, Yolanda will be able to buy the car.

Learn more about Car Purchase Affordability here:

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Just awser number 4 for me please

Answers

Answer:

7800

Step-by-step explanation:

7782

The 2 is in the ones place.

The 8 is in the tens place.

The 7 at right is in the hundreds place.

The 7 at left is in the thousands place.

We need to round to the hundreds place, so the digits to the right of the hundreds place become zeros.

That means we write this:

7700

Now we look at the leftmost digit we dropped. It was the 8. Since 8 is from 5 to 9, the digit to its left goes up one. The 7 becomes 8.

We get this:

7800

Answer: 7800

The median number of goals scored by 7 players in a certain soccer season is 5. The range of the number of goals scored by those players that season is 4.
Determine if the following statement is true, is false, or does not contain enough information.
At least one player scored exactly 5 goals.

True
False
Not enough

Answers

The statement is true for At least one player scored exactly 5 goals.

What are median?

Median represents the middle value of the given data when arranged in a particular order.

We have been given median number of goals scored by 7 players in a certain soccer season is 5.

We need to determine if the following statement is true, is false, or does not contain enough information, At least one player scored exactly 5 goals.

The range of a set of data is the difference between the largest value and the smallest value.

The range of the number of goals scored by those players that season is 4.

So, The statement is true for At least one player scored exactly 5 goals.

Learn more about mean and median, click here at;

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At noon on January 7, the temperature in Buffalo, New York, was 1 degree below 0F?. The temperature in Pittsburgh, Pennsylvania, at the same time, was 10 degrees warmer. What was the temperature in Pittsburgh? The temperature in Pittsburgh was degrees Fahrenheit.

Answers

9 degrees is the answer. you have to do -1+10 or an easier way is to do 10-1

Answer:

its nine peeps

Step-by-step explanation:

cause

Write an expression for the calculation divide 15 into thirds and subtract from 14 divided in half.

Answers

14 into 15 and then subtract

A CD usually sells for $18.00. If the CD is 20% off, and sales tax is 5%, what is the total price of the CD, including tax?

A. $15.12
B. $16.06
C. $14.18
D. $15.30

Answers

I think it's D. 20% of 18 is 3.4 and then 5% of 14.6 is .73
$11.00 * 20% = 3.6

$18.00 - $3.6 = $14.4 (20% off)
$14.4 * 5% = $0.72 (tax 5%)

Total
$14.4 + $0.72 = $15.12

answer is A. $15.12  

What is the solution to this system of equations?
  x − 2y = 15
2x + 4y = -18

Please explain! the sooner the better

Answers

first for the first equation x = 2y +15
Substitute x in the second equation
2( 2y + 15) + 4 y = +18
4y + 30 + 4 y = -18
8y + 30 = -18
8y = -18 -30
8y = -48
y = -6

Substitute in first equation x -2(-6) = 15
x +12 = 15
x = 15 - 12
x = 3
so the solution is (3, -6)
2( 2y + 15) + 4 y = +18
4y + 30 + 4 y = -18
8y + 30 = -18
8y = -18 -30
8y = -48
y = -6

x +12 = 15
x = 15 - 12
x = 3
Final answer= (3, -6)

The pineapple is seven times as heavy as an orange pineapple awesome where is 870 g more than orange what is the total weight in grams for the pineapple and

Answers

the answer is 6960 hope I helped!

A town's population went from 25,800 to 42,600 in 15 years. What was the percent of changes?

Answers

42,600 - 25,800 = 16800. That is the increase in 15 years.

You then calculate the increase as a percentage of the original population; 25,800.

16,800 / 25,800 * 100 = 65.11%

The percentage increase in population is 65.11%.

What is percent increase?

The ratio of the increased value to the original value, multiplied by 100, is the percentage increase formula. It is outlined as a percentage. Anything's value will increase if it is valued more, so will its proportion.

Given:

A town's population went from 25,800 to 42,600.

as, the population of town increase in 15 years.

So, percent increase

= Change in Amount/ Original Amount x 100

= ( 42600 - 25800) / 25800 x 100

= 16800/ 25800 x 100

= 65.11%

Hence, the percentage increase in population is 65.11%.

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What is the first thing you need to do to add 1/9 + 5/6?

A) Add the numberators
B) Add the denominators
C) Find the lest common denominator.
D) Multiply the numerators by the denominators.

Answers

c) find the least common denominators
c)Find the least common denominators which is basically multiplying the two bottom denominators

A van can travel 18 miles on each gallon of gasoline. At that rate, how many miles can the van travel on 15 gallons of gasoline?

A) 33 miles
B) 83 miles
C) 120 miles
D) 270 miles

Answers

they can travel D) 270 miles.

Answer:

D-270

Step-by-step explanation:

How many times greater is the product 4x300 than the product 4x30?

Answers

1200 and120
1200-120=1080
120 more than 1200 and also it mor than 4 × 30

write the missing exponent of 100=10 =

Answers

Maybe 5 is the answer
its 10 to the second 10^2

what is 21.7 divided by 3.5

Answers

21.7÷3.5 is 6.2 hoped it helped
21.7 divided by 3.5 is 6.2

Creat a word problem that uses multiplication of money. Draw a bar model to help you write equations to solve the problem.

Answers

Penny works at a pizza shop. She makes $10 an hour. How much money does she make in 3 hours?
P.S. answer is $30
Final answer:

We created a word problem involving Sarah saving $6 each week to buy $24 art supplies, showing the multiplication equation $6 x W = $24, and used a bar model to find that Sarah needs to save for 4 weeks.

Explanation:

Let's create a word problem that involves the multiplication of money and use a bar model to solve it. Imagine that a girl named Sarah is saving up to buy a special set of art supplies that costs $24. She decides to save $6 every week from her allowance. To find out how many weeks she needs to save in order to buy the art supplies, we can set up an equation using multiplication: 6 (number of dollars saved per week) x W (number of weeks) = 24 (total cost of the art supplies).

Using a bar model, we can represent the total cost as a long bar divided into smaller equal parts, each part representing $6. Counting the number of parts that add up to $24 will give us the number of weeks Sarah needs to save. This model visually supports our equation and helps us solve for W. In this case, W equals 4 because 6 dollars times 4 weeks equals the 24 dollars needed for the art supplies.

If a fraction is greater than 1, what do you know about its reciprocal

Answers

It will be less than one.
you will know it is less than one for exsaple 5/3=3/5 or 2/1=1/2

Shafiq measured a piece of construction paper to be 6.75 inches wide by 8.25 inches long. What is the area of the piece of construction paper in square inches. Show your work.

Answers


Lenght x Width = area 
6.75x8.25=55.6875

rounded: 56 inches
55.68 square inches remember area is length times width so it would be 6.75 times 8.25

A 10 ounce bag of popcorn costs $2.45 at the movies. what is the cost of 4 bags?

Answers

$9.80.    ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍      ‍   
The answer to the problem is $9.80.

Can anyone answer all the ones left, plz show work❤️

Answers

I noticed that some of your answers were wrong so I answered and corrected all of it. Hope my answer helps you.

15. 268

16. 94 R 114

17. 209

18. 246 R 211

19. 86 R 39

20. 908

21. 587

22. 1494 R 41

23. Emilio will have at least 67 full rows of trees. I know because if you divide the number of trees by the trees he planted per row, we'll get the total number of rows.

24. Camilla can make 96 necklaces.
Solution: (8,160 + 2,880) divided by (85 + 30) = 96.

25. 69 people received a free admission over the two days.
Solution: (6,742 + 5,487) divided by 175 = 69.

26. The divisors 2,000, 200, and 20 are all similar except the number of zeros. You can remove a zero from each dividend equal to the number of zeros in the divisor. The smaller the divisor, the greater the quotient when dividing the same number (80,000).

27. When a zero was added to the dividend, a zero was also added to 17.
Solution: 9,554 ÷ 562 = 17.
95,540 ÷ 562 = 170.

28. 111 moons could be lined up in a row between Earth and the Moon.
Solution: 384,400 ÷ 3476 = 110.587.
The number is 5 so I rounded it up.
If the number is 4 and below, I wouldn't round it up.

The solution for 15-19 is below. They're all in order.

The short sides of a rectangle are 2 inches. The long sides of the same rectangle are three less than an unknown number of inches.

If the perimeter of the rectangle is 22 inches, what is the value of the unknown number?

____ inches

plz help!

Answers

perimeter = 2 +2+x-3+x-3=2x-2
22=2x-2
2x=24
x=12
Unknown number is 12
Brainliest and thanks and rate
Thanks
Hope that helped
:)

Final answer:

To find the unknown number for the rectangle's dimensions, we set up an equation based on the perimeter formula. Solving this equation, we find that the value of the unknown number is 12 inches.

Explanation:

To solve this problem, we need to find the unknown number given that the short sides of the rectangle are 2 inches each, and the long sides are three less than an unknown number of inches. The perimeter of the rectangle is given as 22 inches.

First, let's denote the unknown number as x. The formula for the perimeter of a rectangle is 2 times the width + 2 times the length. Here, the width is 2 inches, and the length is x - 3 inches.

So, the equation becomes:

2(2) + 2(x - 3) = 22

Solving for x:

4 + 2x - 6 = 22

2x - 2 = 22

2x = 24

x = 12

Therefore, the value of the unknown number is 12 inches.

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