a new bank customer with $3,500 wants to open a money market account. the bank is offering a simple interest rate of 1.5%. a. how much interest will the customer earn in 20 years? b. what will the account balance be in 20 years?

Answers

Answer 1
In 20 years, the customer will earn $1050. The account balance at the end of 20 years is $4550.
Answer 2

a) The value of interest will the customer earn in 20 years is, $1,050

b) The account balance be in 20 years is, $4,550

What is Simple interest?

A quick and easy method of calculating the interest charge on a loan is called a Simple interest.

We have to given that;

A new bank customer with $3,500 wants to open a money market account. the bank is offering a simple interest rate of 1.5%.

Now, We know that;

⇒ Interest = Principal amount × Rate × Time

Substitute all the values, we get;

⇒ Interest = 3,500 × 1.5% × 20

                = 3,500 × 1.5 × 20 / 100

                = $1,050

And, The account balance be in 20 years is,

⇒ $3,500 + $1,050

⇒ $4,550

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Related Questions

Using the image above, if lines a and b are parallel and angle 6 is 40 degrees list the measurements of the other angles:

Angle 1:

Angle 2:

Angle 3:

Angle 4:

Angle 5:

Angle 6:

Angle 7:

Angle 8:

Answers

Answer/Step-by-step explanation:

Given:

m<6 = 40°

Required:

Measure of all the other numbered angles

Solution:

Since line a is parallel to line b, therefore:

✔️m<1 = 180° - m<6 (supplementary angles)

m<1 = 180° - 40° (substitution)

m<1 = 140°

✔️m<2 = m<6 (corresponding angles)

m<2 = 40° (substitution)

m<3 = 180° - m<6 (same side interior angles are supplementary)

m<3 = 180° - 40° (substitution)

m<3 = 140°

✔️m<4 = m<6 (alternate interior angle)

m<4 = 40°

✔️m<5 = 180° - m<6 (linear pair)

m<5 = 180° - 40°

m<5 = 140°

✔️m<7 = m<5 (vertical angles)

m<7 = 140°

✔️m<8 = m<6 (vertical angles)

m<8 = 40°

What is the surface area of this
square pyramid?

Answers

Of what square pyramid?

The _______ pair is the location of a point on the coordinate plane and contains the
x coordinate and y coordinate

Answers

Answer:

Ordered

Step-by-step explanation:

The ordered pair is the location of a point on the coordinate plane and contains the x coordinate and y coordinate

An ordered pair tells you the location of a point by relating the point's location along the x-axis (the first value of the ordered pair) and along the y-axis (the second value of the ordered pair). In an ordered pair, such as (x, y), the first value is called the x-coordinate and the second value is the y-coordinate.

Evaluate the expression pleasse :)!!! I hate my anxiety:)


(0.4)(−3.5)(−9)

Answers

12.6 is the answer. Hope this helps :)

a que fraccion es equivalente 2 1/3​

Answers

Answer:

Step-by-step explanation:

2 = 6/3

2⅓ = 6/3 + 1/3 = 7/3

What is the slope of the line through (-9,-6) and (3,-9)?​

Answers

Answer:

-1/4

Step-by-step explanation:

m=(y2-y1)/(x2-x1)

m=(-9-(-6))/(3-(-9))=(-9+6)/(3+9)=-3/12=-1/4

The two triangles shown are similar. Which of the following is an acceptable similarity statement for the triangles?
Question options:

A)

ΔSQR ∼ ΔVUT

B)

ΔQSR ∼ ΔVUT

C)

ΔSRQ ∼ ΔVUT

D)

ΔRQS ∼ ΔVUT

Answers

Answer:

I think of A

Step-by-step explanation:

is that right

Answer:

ΔSRQ ∼ ΔVUT

Step-by-step explanation:

i got it correct

Anna is following this recipe to make biscuits.
Anna uses 540 mL of syrup.
How many grams of margarine will she need?

Recipe: Makes 24 biscuits
120 g sugar
135 mL syrup
200 g oats
150 g margarine
40 g chocolate

Answers

Answer:

The chocolate is needed is 40 gram chocolate

Hope this helps

Answer:

Its 40

Step-by-step explanation:

our work is samee

༼ つ ◕◡◕ ༽つ

A computer that originally costs $929 was returned to the electronics
store. Because the box was opened, the store put it on the clearance
rack for 35% off. What is the price of the computer?

Answers

Answer:

32.15

Step-by-step explanation:

What is the value of the leading coefficient?
34
2
1
-4
X
2
2
4
6
-1
0
-1
- 2
3
-5

Answers

9514 1404 393

Answer:

  1/30

Step-by-step explanation:

The zeros of the function are ...

-32 (multiplicity 2)5

So, the factorization for some leading coefficient 'a' is ...

  y = a(x +3)(x -2)²(x -5)

and the y-intercept is ...

  y = a(3)(-2)²(-5) = -60a

The graph shows the y-intercept is -2, so we must have ...

  -2 = -60a

  1/30 = a

The leading coefficient is 1/30.

The domain is ? (image attached)

Answers

I think the domain’s are 21,25,24
Hope this helps!
pretty sure the domain is 21, 25, and 24.

Help PLEASE I'll mark u brainliest

Answers

Answer:

c

Step-by-step explanation:

multiply 14 and 6 to find the area of base

hope this helps :)

14 X 6 = 84
84 X 11 = 924

base x width x height

ANSWER: 924 sq. inches

_______ × 0.89 > 0.89 whats answer

Answers

I think the answer is one.

I think this because since it’s times you would do backwards and divide 0.89 divided by 0.89 and you would get 1. I hope I’m correct sorry if I’m not.

Answer:

the answer can be anything greater than 1

Step-by-step explanation:

Help due in 1o mins!!!

Answers

Answer:

c = 15

Step-by-step explanation:

The angles are4 a linear pair and are supplementary, so the sum of their measures is 180 deg.

7c - 7 + 6c - 8 = 180

13c - 15 = 180

13c = 195

c = 15

The answer should be 15.

Explanation:
The line equates to 180, so you would put both equations (7c-7 , 6c-8) together and equal it to 180°.
So, it would come out looking like this:
7c-7+6c-8=180.

You’d add 7c and 6c to get 13c, and then subtract -8 from -7 (-7-8) to get -15.
The equation would now look like this.
13c-15= 180.

You’d add 15 to 180 to get 195. Then, you’d divide 195 by 13 to get 15, which would mean c=15.

At a local ballpark a team charges $10 per ticket the team must pay its players $4000 it costs the owner $6 for each souvenir they gave away how many tickets must be sold to break even

Answers

Answer:400

Step-by-step explanation:it didn’t say it gives away and souvenirs so the 6$ can be out the equation and 4000 divided by 10 is 400

The number of tickets that must be sold to break even is 1000 if at a local ballpark a team charges $10 per ticket the team must pay its players $4000.

What is linear equation?

It is defined as the relation between two variables, if we plot the graph of the linear equation we will get a straight line.

If in the linear equation, one variable is present, then the equation is known as the linear equation in one variable.

The question is incomplete.

The complete question is:

At a local ballpark, a team charges $10 per ticket. The team must pay its players $4000. It costs the owners $6 for each souvenir they give away.

How many tickets must be sold to break even.

Let x be the number of tickets.

Let y be the total cost

From the data given in the question we can frame the linear equation in two variables:

y = 6x + 4000

y = 10x

After solving the above two linear equations in two variables.

6x + 4000 = 10x

10x - 6x = 4000

4x = 4000

x = 1000

Thus, the number of tickets that must be sold to break even is 1000 if at a local ballpark a team charges $10 per ticket the team must pay its players $4000.

Learn more about the linear equation here:

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I NEED HELP WITH THIS​

Answers

Answer:

its A and C and D

Step-by-step explanation:

1. Find the unit rate per sandwich. Round to the
nearest hundredth if necessary: $210 for 50
sandwiches.

Answers

$4.2 because $210 dived by 59 is 4.2

Answer:

$4.20

Step-by-step explanation:

You take 210 and divide it by 50 and then it equals out to $4.20. Hope this helps! <3

Answer for brainliest please.

Answers

Answer:

1st one is right

Step-by-step explanation:

just did this

Two students are interested in whether or not there is variation in their test scores for math class. There are 15 total math tests they have taken so far. The first student's grades have a standard deviation of 38.2. The second student's grades have a standard deviation of 22.5. The second student thinks his scores are lower. State the null and alternative hypotheses.

Answers

Answer:

[tex]H_0=\sigma_1 =\sigma_2[/tex]

[tex]H_a=\sigma_1 >\sigma_2[/tex]

Step-by-step explanation:

From the question we are told that

Number of math tests n=15

standard deviation 1 [tex]\sigma _1=38.2[/tex]

standard deviation 1 [tex]\sigma _2=22.5[/tex]

Generally given the two tailed test the null hypothesis is given as

[tex]H_0=\sigma_1 =\sigma_2[/tex]

Generally given the two tailed test the null hypothesis is given as

[tex]H_a=\sigma_1 >\sigma_2[/tex]

Solve for w: 30= 6/5w

Answers

Answer:

w = 25

(Hope this helps! Btw, I am the first to answer.)

Answer:

[tex]w = \boxed{\frac{1}{25} }[/tex]

Step-by-step explanation:

[tex]if \:: 30= \frac{6}{5w} \\ (30) \times (5w) =( 6) \times (1) \\ 5w = \frac{6}{30} \\ 5w = \frac{1}{5} \\ (5) \times (5) \times (w) = (1) \times (1) \\ w = \frac{1}{(5) \times (5)} \\ w = \frac{1}{ {5}^{2} } = \frac{1}{25} [/tex]

three cones have a volume of 192π cm³.Cone A has a radius of 2 cm. Cone B has a radius of 3 cm. Cone C has a radius of 4 cm. find the height of each one

Answers

9514 1404 393

Answer:

  A: 144 cm

  B: 64 cm

  C: 36 cm

Step-by-step explanation:

The volume of a cone is given by ...

  V = (1/3)πr²h

Solving for h, we get ...

  3V/(πr²) = h

Filling in the given values, we get ...

  3(192π)/(πr²) = h

  576/r² = h

Then the heights of the different cones are ...

  A: r = 2, h = 576/4 = 144 . . . cm

  B: r = 3, h = 576/9 = 64 . . . cm

  C: r = 4, h = 576/16 = 36 . . . cm

HL criteria of congruence can be used only with?

Answers

Answer: Right triangles or a hypotenuse and a leg

At Quality Tees, shirts sell at a
rate of $12.50 per shirt, with a
flat shipping rate of $8. Tony
spent a total of $83. How many
shirts did Tony purchase?

Answers

the answer is 6 shirts


12.5x+8=83
12.5x=83-8
12.5x=75
x=75/12.5
x=6

Please help, I couldn’t play attention today in class so I don’t understand this.

Thanks if you help

Answers

Answer:

a.0       b. 33.5

Step-by-step explanation:

absolute value means everything turns positive.

5-6=-1 +1=0

b. 2(16.75)= 33.5.

everything inside the bracket turns positive.

For part A
|5-6+1|

You either calculate the sum or difference to this equation and would turn out to be 0 as your answer

|5-6+1|=0

Therefore 0 is the answer to |5-6+1| for part A

For part B
2|-16.75|
The absolute value of any number is always positive

2*16.75

You then multiply it and then come up with 33.5


Therefore 33.5 is the answer for 2|-16.75| in part B.

2|-16.75|

Hope this helps~

Select five numbers that have 2, 5, and 11 as prime factors.
А
220
B
550
С
190
D
1,045
E
440
F
330
G
110
H
418

Answers

A, C , F, G, H are the five factors

220, 550, 440, 330, 100 are the  five numbers that have 2, 5, and 11 as prime factors. Hence, options (A), (B), (E), (F), (G) are correct.

What is prime factor?

Prime factor is a constituent that is a prime number, in other words, any prime number that can be multiplied to get the original number.

Example: The first two components of 15 are three and five.

The given numbers can be written as:

the prime factor of 220 = 2 × 2 × 5 × 11

the prime factor of  550 = 5  × 2 × 5 × 11

the prime factor of 190 = 2 ×5 × 19

the prime factor of 1045 = 5 × 11 × 19

the prime factor of  330 = 3 × 2 × 5 × 11

the prime factor of 110 = 2 × 5 × 11

Hence, 220, 550, 440, 330, 100 are the  five numbers that have 2, 5, and 11 as prime factors.

Learn more about prime factor here:

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You have a bid of $250 per room for 180 guest rooms. You want to comp 12 rooms for the upcoming teacher convention. What is your average room rate across the paid and free rooms? Round to the nearest dollar.

a) $234
b) $244
c) $250
d) $254

Answers

Answer:

C

Step-by-step explanation:

A 2-quart carton of apple juice costs $4.56. What is the price per cup?

Answers

Answer:

57 cents

    or

$0.57

Step-by-step explanation:

1 quart= 4 cups

2 quarts=8 cups

8 cups=4.56

Divide each side by 8

1 cup=0.57

Hope this Helps!

by how much is the product of 2 1/2 and 2/5 less than 4​

Answers

Answer:

3

Step-by-step explanation:

Calculate the mean: 5, 4, 8, 12, 15

Answers

Answer: 5

Step-by-step explanation:

answer=8.8

the mean is 5+4+8+12+15= 44
44 divide by 5= 8.8

8. Higher Order Thinking The values
is both 5 times as much as the value
et in 3
feet
onable?
and 36 more than the value of my
are the values of n and m? Explain,

Answers

Answer:

Answer: The values are n = 45 and m = 9.

Step-by-step explanation:

We have to find the values of m and n. We know that the value of n is 5 times as much as the value of m : n = 5 m. Also n is 36 more than the value of m : n = m + 36. This is a system of equations. Of we substitute n = 5 m into the second equation: 5 m = m + 36; 5 m - m = 36; 4 m = 36; m = 36 : 4; m = 9. Finally: n = 5 * 9 ; n = 45

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