A man intends to withdraw $ 24,000.00 from his savings at the end of 5 years. The man deposits $ 1,500.00 in savings annually and today has a balance of $ 8,000.00. What should be the savings interest rate for Nobuki to achieve his goals?

Answers

Answer 1

Answer:

3%

Step-by-step explanation:

Given data

FInal amount A= $24,000

Time= 5 years

Principal= $1,500

Say we the savings is on simple interest

A= P(1+rt)

substitute

24000=1500(1+r*5)

24000= 1500+ 7500r

24000-1500= 7500r

22500= 7500r

r= 22500/7500

r= 3%

Hence, on a simple interest account, the rate is 3%


Related Questions

i need a bit of help with this one

Answers

Answer:

The diameter is 10in

The circumference of the circle is 10 pi

The area of the circle is 25 pi in^2

(I solved a question today with this question, so I read off my paper. Hope this helps!)

Which expression is equivalent to (6. p) + 3?

Answers

Answer:

Step-by-step explanation:

6p + 3 = 3*2*p + 3

           = 3(2p + 1)

The sales tax rate in South Carolina is 8%. While on vacation you purchased a swimsuit for $25, sunglasses for $40, and a hat for $15. What is the amount of tax you will pay for your entire purchase?

Answers

someone anwser this pls

Answer:

$86.40

Step-by-step explanation:

You add 40+25+15=80 and then you multiply 80 X 1.08

Write the expression for the situation.



A taxi company charges a $2.00 flat fee plus $0.50 for every mile.

Answers

Answer:

2 + 0.50m

Step-by-step explanation:

The surface area of the square pyramid is 96 square inches. Find the value of x.

Answers

Answer:

X is 24.

Step-by-step explanation:

Divide the surface area by 4

x=10

First you

do 4*4 then u put a random number an start from 1 so with ten it would

be 4*10/2*4=96

Can someone plz help me I’m being timed hurry!!!!!!!!

Answers

Answer:

1. 14 = 2 + 12

2. 16 = 4 + 12

3. 18 = 6 + 12

4. 20 = 8 + 12

Step-by-step explanation:

Super easy. All you do is replace the numbers in your table with the corresponding letter. In this case we have a table of s and f.

Example for row two: f = s + 12. Replace s with 4 ( 4 is from your s column so you would replace it with that) then solve and plug in your answer (When you solve your answer, it will go under f column).16 = 4 + 12 . f = 16, s = 4.

Formula = f = s + 12.

1. 14 = 2 + 12

2. 16 = 4 + 12

3. 18 = 6 + 12

4. 20 = 8 + 12

What are some nations or regions in World History?

Answers

Answer:

Greenland.

North America.

South America.

Europe.

The Middle East.

North Africa.

Sub- Saharan Africa.

Asia.

Step-by-step explanation:

Jamie took 7 maths tests and got a score of 68,71,71,84,53,62 and 67 .What was Jamie's mode score?

Answers

The modal score would be 71. 71 appears the most in the list.

Question 5(Multiple Choice Worth 4 points)
(07.06A)

Based on the graph, what is the initial value of the linear relationship?

A coordinate plane is shown. A line passes through the x axis at negative 3 and the y axis at 5.

−4
−3
five over three
5

Answers

Answer: I don't know  what the answer but I think its 5

Step-by-step explanation:

Because the line is going up

Answer:

The answer is 5

Step-by-step explanation:

Triangle DEF is similar to triangle ABC.
Solve for y

Answers

Answer:

y=22.5

Step-by-step explanation:

Chip drank a cup of coffee with 140 milligrams
of caffeine. If the caffeine is eliminated from his
body at a rate of 9.5% per hour, how much
caffeine will be in his body from this cup of
coffee 6 hours from now?

Answers

Answer:

it should be 43 percent left

Step-by-step explanation:

Find the percentage of given amount. a) 60 % of $25 __________ b) 25 % of $36 ___________ c) 10 % 0f $120 __________

Answers

Answer:

the given amount percentage is $15, $9 and $12 respectively

Step-by-step explanation:

The percentage of the given amounts are shown below:

a. 60% of $25 = $15

b. 25% of $36 = $9

c. 10% of $120 = $12

Hence, the given amount percentage is $15, $9 and $12 respectively

Divide z by 11. Then, add 8.

Answers

this may be the answer,hope it helps

20 points+brainliest
Anita, Byron, Carlos, and Dominique buy a gift for their grandmother. They split the cost equally and each pay $14.62. Which equation represents d, the cost of the gift in dollars?
14.62 = d minus 4
14.62 = d divided by 4
14.62 minus 4 = d
14.62 divided by 4 = d

Answers

Answer:

14.62= d divided by 4

Complete the statement using < >, or =.
|-18| __ 19
A: <
B: >
C: =

Answers

Answer:

<

Step-by-step explanation:

the inverse of -18 is +18. +18 is less than 19

The Jones family spent $45 on movie tickets for 2 adults and 3 children. The Smith family spent $40 for 2 adults

and 2 children. What are the prices of the adult movie tickets and the child movie tickets?

Answers

Answer:

Adult ticket is $15

Child ticket is $5

Step-by-step explanation:

Let x = adult ticket price

     y = child ticket price

2x + 3y = 45          2x + 2y = 40

-2x - 2y = -40

          y = 5            2x + 2(5) = 40

                                 2x + 10 = 40

                                 2x = 30

                                   x = 15

The prices of the adult movie tickets and the child movie tickets are $15 and $5 respectively.

Given that, the Jones family spent $45 on movie tickets for 2 adults and 3 children.

What is a linear system of equations?

A system of linear equations consists of two or more equations made up of two or more variables such that all equations in the system are considered simultaneously. The solution to a system of linear equations in two variables is any ordered pair that satisfies each equation independently.

Let cost of adult tickets be x and the cost of children tickets be c.

The Jones family spent $45 on movie tickets for 2 adults and 3 children.

2a+3c=45 ------(I)

The Smith family spent $40 for 2 adults and 2 children.

2a+2c=40

a+c=20 ------(II)

From equation (II), we have a=20-c

Substitute a=20-c in equation (I), we get

2(20-c)+3c=45

⇒ 40-2c+3c=45

⇒ c=$5

Put c=5 in equation (II), we get

a+5=20

⇒ a=$15

Therefore, the prices of the adult movie tickets and the child movie tickets are $15 and $5 respectively.

To learn more about the linear system of an equations visit:

https://brainly.com/question/27664510.

#SPJ5

What is the area of this figure?

Answers

Answer:

58.5

Step-by-step explanation:

Split the figure into three shapes; square, trinagle, and rectangle.

Square is 3 ⋅ 3 = 9

Triangle's sides are 3 and 11 so...

(3 ⋅ 11)/2 = 16.5

Rectangle is 3 ⋅ 11 = 33

Once you have the area of all the figures, you just add them together so...

9 +16.5 + 33 = 58.5

Answer:

area of the figure= 58.3ft²

Step-by-step explanation:

area of the figure= area of trapezoid+ area of a rectangle

area of the figure= [½(a+b)*height]+ (length*breadth)

area of the figure= [½(3+14)*3]+ (11*3)

area of the figure=25.3+ 33

area of the figure= 58.3ft²

Need help plz help

What shape is this cross section?
A Square
B Cube
C Trapezoid
D Triangle

Answers

Answer:

A. Square for Ape.x

Step-by-step explanation:

What value of x makes 1/2(3x+4)=1/2x true. A.2. B.1. C-1. D.-2

PLZZ HURRY

Answers

Answer:

The answer is D, -2. brainliest pls! :D

Step-by-step explanation:

-2*3=-6

-6+4=-2

-2*1/2=-1

-1=1/2x

1/2*-2=-1

-1=-1

The value of x such that it will make the given expression  (1/2)(3x+4)=(1/2)x true is x = - 2 therefore, option (D) will be correct.

What is an expression?

A mixture of variables, numbers, addition, subtraction, multiplication, and division are called expressions.

An expression is a mathematical proof of the equality of two mathematical expressions.

As per the given expression,

(1/2)(3x+4)=(1/2)x

(3/2)x + 4/2 = x/2

3x/2 + 2 = x/2

3x/2 - x/2 = -2

(3x - x)/2 = -2

2x = -4

x = -2

Hence "The value of x such that it will make the given expression  (1/2)(3x+4)=(1/2)x true".

To learn more about expression,

https://brainly.com/question/14083225

#SPJ2

I need help on math. It’s trinomials
25y^2-60y+36

Answers

Answer:

(5y-6)^2

Step-by-step explanation:

Note that the polynomial 25y^ 2  −60y+36 is a perfect square trinomial, so we will use the following formula.

A ^2 −2AB+B^2 =(A−B) ^2

 

In this example we have A=5y and B=6 so,

25y^2 −60y+36=(5y−6)^2

PLEASE ANSWER!!! NEED HELP WITH EXPLANATION!!!

Answers

Answer:

27.37 and 9.18

Step-by-step explanation:

(4)

Using the cosine ratio in the right triangle

cos64° = [tex]\frac{adjacent}{hypotenuse}[/tex] = [tex]\frac{12}{x}[/tex] ( multiply both sides by x )

x × cos64° = 12 ( divide both sides by cos64° )

x = [tex]\frac{12}{cos64}[/tex] ≈ 27.37 ( to the nearest hundredth )

(5)

Using the sine ratio in the right triangle

sin35° = [tex]\frac{opposite}{hypotenuse}[/tex] = [tex]\frac{x}{16}[/tex] ( multiply both sides by 16 )

16 × sin35° = x , then

x ≈ 9.18 ( to the nearest hundredth )

A student was assigned 40 math problems for homework. The student correctly answered 85% of the problems. How many homework problems did the student correctly answer ?

Answers

Answer: 34 questions right

Turn 85% into a decimal so .85 then multiply by 40 to get 34

Step-by-step explanation:

Find the value of X
Answers:
A. 7
B. 25
C. 11
D.18

Answers

Answer:

A- 7 is the answer

Step-by-step explanation:

A 7
I solved it hope this answers help

Rebecca travels 160 km in 2.5hours and then travels at a constant speed of 85 km/h for a further 2 hours. Find the average speed, in km/h to 3 significant figures, for the whole journey.

Answers

Answer:

73.3 km/h

Step-by-step explanation:

Average rate of speed = total distance/total time

First distance is 160

Second distance = rt = 85(2) = 170

total distance = 160 + 170 = 330

total time = 2.5 + 2 = 4.5

Average speed = 330/4.5 = 73.3 km/h

3. The New Orleans Saints scored 2 more
points than three times the points scored
by the Pittsburgh Steelers. If the New
Orleans Saints scored 32 points, write and
solve an equation to find the number of
points scored by the Pittsburgh Steelers.

Answers

Answer:

10

Step-by-step explanation:

Equation : 3x + 2 = 32

3x=30

x=10

f(x) = x+4
g(x) = 3x2 - 7



Find (f•g)(x)

Answers

Answer:

3x³ + 12x² - 7x - 28

Step-by-step explanation:

(f • g)(x) = f(x) × g(x)

= (x + 4)(3x² - 7)

Each term in the second factor is multiplied by each term in the first factor, that is

x(3x² - 7) + 4(3x² - 7 ) ← distribute both parenthesis

= 3x³ - 7x + 12x² - 28

= 3x³ + 12x² - 7x - 28

Estimate 1.9 x 4.4

A. Between 4 and 10

B. between 12 and 20

C. between 1 and 5

D Between 1 and 12​

Answers

Answer:

A

Step-by-step explanation:

1.9 about 2, and 4.4 is about 4.

2x4=8

So it is safe to say between 4 and 10.

PLSSSSSSSSS ANSWER I GOTTA FINISH THIS IN THE NEXT 50 MINUTES

If a circular cross-section with a center at (1, 1) and radius of 1 is rotated about the line y = 1, what will be the resulting three-dimensional object?

Cone
Cylinder
Sphere
Pyramid

Answers

Answer:

The answer is SPHERE

Step-by-step explanation:

i took the flvs test and got it correct

There is a circular cross-section with a center at (1, 1) and radius of 1 is rotated about the line y = 1 so it should be a sphere.

What is a sphere?

It is the geometrical object that contains the three-dimensional where it analog the two-dimensional circle.

It is the set of the point that have the similar distance with respect to the three-dimensional space

Hence, the third option is correct.

Learn more about an object here: https://brainly.com/question/24696684

Can someone plz help me I’m being timed hurry!!!!!!!!!!!!

Answers

Answer:

...

Step-by-step explanation:

14, 18, 20

Answer:

14

16 (which is given)

18

20

Step-by-step explanation:

F.I.C.A tax on $594 at 7.65%

Answers

it should be around 125 $
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