An investment of $1500 is earning 7% simple interest each year. How much will the investment be worth after one year?

Answers

Answer 1

Answer:

$1,605

Step-by-step explanation:

As, 7% of $1,500 is = $105

So, the investment is = Principcal + Interest.

= $1,500 + $105 = $1,605

Answer 2

The value of investment after one year will be $1,605.

About Investment:

It is an asset invested to increase wealth and save money from the hard earned income. Investment is primarily to obtain an extra source of income or gain profit from the investment over a specific period of time.

Computation of investment after one year:

Given that,

Principal[P] = $1,500.

Rate[R] = 7%.

Time[T] = 1 year.

Formula of simple interest[S.I] :

[tex]\text{ S.I.} = \dfrac{P\times R\times\ T}{100} .\\\\ \text{S.I.} = \dfrac{\$1,500\times7}{100}\\\\ \text{S.I. }=\$105.[/tex]

Investment after one year will be :

[tex]\text {Investment}= \text{Principal} +\text{Interest}.\\\text{Investment}=\$1,500+\$105\\\text{Investment} =\$1,605[/tex]

Hence, the worth of investment after one year will be $ 1,605.

Learn more about Simple Interest, refer:

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Related Questions

What is the range of the function graphed below?

Answers

The range is all possible y values. In this function, range is from -3 < y
* the

PLSSS HELPPPPP I WIILLL GIVE BRAINLIEST!!!!!
PLSSS HELPPPPP I WIILLL GIVE BRAINLIEST!!!!!
PLSSS HELPPPPP I WIILLL GIVE BRAINLIEST!!!!!

Answers

Answer:

The slope is -4

-4/1=-4

Hope this helped

Answer:

-4

Step-by-step explanation:

To find slope, subtract the y's and x's in the same order. We put y's on the top and x's on the bottom. The points are (-3, -4) and (-2, -8).

The y's are -4 and -8. The x's are -3 and -2.

-4-(-8)=4

-3-(-2)  -1

The slope is -4.

Hope this helps you...have a great day (~ ̄▽ ̄)~

HELPPPP PLEASE!!!!!!

Answers

Answer:

y = 20

Step-by-step explanation:

line RPN = 180 = 4y - 10 + 90 + y

180 - 90 + 10= 5y

100 = 5y

y = 100/5

y = 20

what is 0.144444444444 as a fraction

Answers

Answer:

18/125

Step-by-step explanation:

I NEED HELP this is way to hard y’all are smarttr

Answers

Answer:

a) 20 yd

b) 10 ft

Step-by-step explanation:

a) 80/4 = 20

b) spare root of 100 = 10

HELP ASAP The number of hours you study for an exam affects your grade. What is a reasonable value of the range?
A) 75
B) 1.25
C) -30
D) 1/2

Answers

Answer
B I could be wrong
Explanation

Can someone help me!

Honeydew melons are on sale at four different grocery stores. Which store
offers the lowest unit rate for honeydew melons, in dollars per pound?
$3.50
Happy Grocery:
7 pounds
.
sto
• Sullivan's:
5 pound
• Mother Nature:
$4.00
10 pounds
• Farmer's Pride: $0.45/pound

Answers

Answer:

Mother Nature

Step-by-step explanation:

Do you want one? Prolly will waste my time sorry :(

Answer:I would think c but let me check

Step-by-step explanation:

Factorise fully : 12x-8
please help :(

Answers

Answer:

-96 :)

Step-by-step explanation:

12 x (-8) = -96

if there is one negative in the problem the answer will be negative.

Answer: 4(3x-2)
12x-8
=4(3x-2)

Simplify to create an equivalent expression. 617 - 3y) + 6(y + 1)​

Answers

You have to simplify

Answer:

623+3y

Step-by-step explanation:

You distribute the 6 then you add the ys and the numbers together

Which graph represents the equation y=−12x+1?

Answers

Answer:

Graph the equation of the line for the equation , y = 3x-12.

Step-by-step explanation:

hope this helps

Write the following fractions in order of size
1/3
3/4
1/4
7/12
1/2
Start with the smallest fraction.​

Answers

Ans wer 7/12 3/4 1/3 1/2

Step-by-step explanation:

HELP ME OUT PLS AND TY

Answers

Answer:

No, the line does not pass (0,0).

No, the line does not pass (0,0)

Brainliest Appreciated!

Answer:

NoNo

I hope this helps!

Points c (-5,8) and d (2,5) lie in line cd, if points c and d are created by translating points c and d left 6 units, what is the slope of line c’

Answers

Answer:

Step-by-step explanation:

Remark

Moving 6 points left is not going to alter the slope (or it shouldn't).

The x value has to have 6 subtracted from it. Leave the y value alone.

Givens

C: (-5-6,8) = (- 11,8)

D: (2-6,5) =  (-4,5)

Formula

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

Solution

m = (8 - 5)/(-11 - - 4)

m = 3 / - 7

m = - 0.429

Check

Let's find the slope of the original points.

(8 -5)/(-5 - 2) = 3/-7 which is the same thing.

A population of kangaroos is growing at a rate of 2% per year, compounded continuously. If the rate continues, how many years will it take of the population to reach 150% of its current size according to the exponential growth function?

Answers

Answer:

75 years.

Step-by-step explanation:

Divide 150 by 2, that gives you the years.

Graph a scatter plot using the given data.

Answers

Answer:

Here is the answer.

Step-by-step explanation:

(Please help!!) Arnold is paid a graduated commission on sales. He earns 7% on sales up to $10,000 and 10% on sales over that amount. His goal is to make $2,500 next month. How much will he need to sell?

Answers

Answer:

Step-by-step explanation:

10000*7%= $700.00

2500-700=1800

1800 is 10% of 18,000

So 18,000 +10,000 = 28,000 in sales is needed to get $2,500 in commission.

1/2 of the sum of a number and 10

Answers

Answer:

1/2(x+10)

Step-by-step explanation:

What is the solution to the equation?

2(x + 7)2/3 = 8
A. -15 and 1
B. -15
C. 1
D. no solution

Answers

No solution (D)
Answer = -1

Answer:

-1 option D (no solution)

Step-by-step explanation:

2(x + 7)2/3 = 8

2(X+7)2/3=8

4(X+7)=24

4x+28=24

4x=24-28

4x=-4

X=-4/4

X=-1

So the answer is -1

5. Which number is irrational? 3 (1) V16 (2) V12 (3) (4) 0.50

Answers

Answer:

(3)√12

Step-by-step explanation:

The other numbers are not continuous

Help Really quick
The table shows data collected from 14 people.

Shoe Size, x 8.5 9 9 9.5 10 10 10.5 10.5 11 11 11 12 12 12.5
Height (inches), y 66 68.5 67.5 70 70 72 71.5 70 71 71.5 73 73.5 74 74
Determine the correlation coefficient for the data. Round to the nearest hundredth.

r=

Answers

Answer:

i need the answer ;(

Step-by-step explanation:

Jackie solved the equation by completing the square.

x^2−8x+14=0
Which equation shows one of the steps Jackie could have taken to complete the square?

Question 1 options:

x^2−8x+64=−14

x^2−8x+16=−14

x^2−8x+64=−14+64

x^2−8x+16=−14+16

Answers

A is the correct answer.

The length of a rectangle is 10 more than 10 twice the width , if the perimeter is 80inches find the length the width

Answers

Answer:

The width is 10 inches

The length is 30 inches

Step-by-step explanation:

Perimeter of a Rectangle

The perimeter of a rectangle of length L and width W is calculated as follows:

P = 2L + 2W

It's given the length of a rectangle is 10 more than twice the width:

L = 2W + 10

Substituting into the formula of the perimeter:

P = 2(2W + 10) + 2W

Operating:

P = 4W + 20 + 2W

P = 6W + 20

It's given this perimeter is 80 inches, thus

6W + 20 = 80

Subtracting 20:

6W = 80 - 20 = 60

Dividing by 6:

W = 60 /6 = 10

Since :

L = 2W + 10

L = 2*10 + 10

L = 30

The width is 10 inches

The length is 30 inches

Maddox is stacking cans to make a display at the grocery store. The bottom row of the stack has 20 cans. Each row has 4 fewer cans than the row below it until there are no cans left.

How many rows of cans are in Maddox’s stack

Answers

Answer: 5

Step-by-step explanation:

Interpreting Unit Rates on Graphs - Item 1820
Questio
The graph shows the temperature of a liquid that is being heated during an experiment
Three of the statements are true. Which is NOT?
Temperature ("C)
(6.5, 26)
Time (min)

Answers

Answer:

what are the statements?

Step-by-step explanation:

Answer:

At this rate, it would take less than 10 minutes for the temperature of the liquid to rise 52°.

Step-by-step explanation:

The graph of the function B is shown below. If B(x) = -1, then what is x?
1
2
-1

Answers

Answer:

x = 2

Step-by-step explanation:

B(x) = - 1 means what is the value of x for y = - 1

This is the dot positioned at (2, - 1 )

with x = 2

Answer: its the first one

Step-by-step explanation:

hope thats what your lookinf for

How do I solve this please?

Answers

Answer:

given us,

n=4

here

3^-n+1-3^-n+2

3^-4+1-3^-4+2

-4+1-4+2

-5

Step-by-step explanation:

we can put value in n .we can power add and subtract then we can cut 3 then power we can add or subtract

2. A set of barbells consist of red and blue discs. Discs with the same color have the same mass. Using a balance,
Lia found that 7 blue discs balance 1 red disc and a 5kg mass, while 2 blue discs and a red disc balance a 4kg
mass. Find the masses of the red and blue discs. (2kg, 1kg)

Answers

Let r be the mass of a red disc and b the mass of a blue disc.

7 blues have the same mass as 1 red along with a 5 kg mass, so

7b = r + 5

7b - r = 5

2 blues and 1 red have the same mass as a 4 kg mass, so

2b + r = 4

Solve for b and r . Notice that adding the equations together eliminates r :

(7b - r) + (2b + r) = 5 + 4

9b = 9

b = 1

Then

7 • 1 - r = 5

r = 7 - 5

r = 2

So each red disc has a mass of 2 kg, and each blue disc has a mass of 1 kg.

Mary went to the local market to purchase some fruit. Each box of
oranges sold for $3 and each box of pears for $5. Mary purchased a total
of 18 boxes of fruit for $68. How many boxes of oranges did she
purchase?

Answers

Answer:

11

Step-by-step explanation:

11 BOXES OF ORANGES IS $33

7 BOXES OF PEARS IS $35

WHICH EQUALS $68

MEANING THERE IS 11 BOXES OF ORANGES

-3y-2=7 what is the value of y

Answers

Answer:

y = -3

Step-by-step explanation:

Add 2 to each side to isolate the -3y. Doing this leaves you with -3y=9. You then divide each side leaving you with y = -3

Answer:

The equation has one solution at which y = -3.

Step-by-step explanation:

To find the value of y, we need to isolate it from the rest of the equation.

Add 2 to both sides of the equation.Divide by -3 on both sides of the equation.Simplify the equation if necessary.

[tex]\displaystyle{-3y-2=7}\\\\-3y = 9\\\\\bold{y = -3}[/tex]

We can check to make sure that y = -3 by substitution.

[tex]\displaystyle{-3(-3)-2 = 7}\\\\9-2=7\\\\7= 7 \ \checkmark[/tex]

Because we got a true statement, we can determine that y = -3.

Denis orders a large pizza for $16.50 plus $2 for each topping. Sheng orders a medium pizza for $13.25 plus $2 for each topping.

Answers

Their bills will never be the same because the toppings cost the same.

Question must probably wants to know the number of toppings it would take for their bills to be equal.

Assume the number of toppings is x, Dennis's bill will be:

= Cost of Pizza + Cost of toppings x number of toppings

= 16.50 + 2x

Sheng's bill will be:

= 13.25 + 2x

Equate their bills to find the number of toppings that would equate their costs:

16.50 + 2x = 13.25 + 2x

16.50 - 13.25 ≠ 2x - 2x

3.25 ≠ 0

In conclusion, their bill will never be the same because the toppings are the same price.

Find out more at https://brainly.com/question/5607279.

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