Advertising A bank manager wants to encourage new customers to open accounts with principals of
at least $2,500. He decides to make a poster advertising a simple interest rate of 3%. What must the
principal be if the bank manager also wants to advertise that one can eam $10 the first month? Can
the poster correctly say, "Open an account of $2,500 and earn at least $10 interest in 1 month!"?
Explain your answer (be careful he said 1 MONTH).

Answers

Answer 1

Answer:

The poster say, "Open an account of ​$3,500 and earn at least ​$10 interest in 1​ month!" is correct

Step-by-step explanation:

Given, A bank manager wants to encourage new customers to open accounts with principals of at least  $3,500.  

He decides to make a poster advertising a simple interest rate of 4.8%.  

We have to find what must the principal be if the bank manager also wants to advertise that one can earn  $10 the first month

We know that, banks offer simple interest  

In our problem, simple interest = $10, rate = 4.8%, time = 1 month

Let us see Can the poster correctly say, "Open an account of $3,500 and earn at least $10 interest in 1 month!"?

So now, in our problem, amount = $3500, rate = 4.8% and time = 1 month =

So, the statement is correct.

Hence, amount to be invested is $2500 and poster says correctly.


Related Questions

HELP PLEASE. A truck bed has a volume of 120 cubic feet. The bed is 4 feet wide and has a height of
3 feet. What is the length of the bed?
Options:

A: 40
B: 1
C: 3
D: 10

Answers

Answer:

D

Step-by-step explanation:

Volume = lwh

120 = l(4)(3)

l = 10 feet

Kevin is rolling two dice together and adding them up. Which sums should come up the most frequently?

Answers

Answer:

7 occurs most frequently.

Step-by-step explanation:

If we roll two dice, we do get sample space as

(1,1) = 1+1 =2        (4,1)=4+1=5

(1,2)= 1+2 =3        (4,2)= 34+2=6

(1,3)= 1+3=4         (4,3)= 4+3=7

(1,4)=1+4=5          (4,4)= 4+4=8

(1,5)=1+5=6          (4,5)= 4+5 =9

(1,6)=1+6=7           (4,6)= 4+6=10

(2,1)= 2+1=3          (5,1)= 5+1=6

(2,2)=2+2=4         (5,2)=5+2 =7

(2,3)= 2+3=5        (5,3) =5+3=8

(2,4)=2+4=6         (5,4) =5+4 =9

(2,5)=2+5=7          (5,5)=5+5=10

(2,6)=2+6=8          (5,6)=5+6=11

(3,1)=3+1=4            (6,1)= 6+1=7

(3,2)=3+2=5          (6,2)=6+2=8

(3,3)=3+3=6           (6,3)=6+3=9

(3,4)=3+4=7           (6,4) =6+4 =10  

(3,5) =3+5=8          (6,5)=6+5=11

(3,6)=3+6=9            (6,6)=6+6=12

2 occurs for 1 time

3 occurs for 2 times

4 occurs for 3 times

5 occurs for 4 times

6 occurs for 5 times

7 occurs for 6 times

8 occurs for 5 times

9 occurs for  4 times

10 occurs for 3 times

11 occurs for 2 times

12 occurs for 1 time.

So, 7 occurs most frequently.

What is the volume of this prism?

Answers

Answer:

56.3

Step-by-step explanation:

The third one.

Answer:

is your answer option no 3 is correct

I hope is helpful

Line m is represented by the equation below. Select all equation that represent lines perpendicular to line m.

Answers

Answer:

y = -2/3x + 4

y+1 = -4/6(x + 5)

Step-by-step explanation:

y = -2/3x + 4

y+1 = -4/6(x + 5)       *-4/6 is equal to -2/3

perpendicular lines have slope that are opposite signs and reciprocals

the slope of the original line in this problem is 3/2 so any line with a slope of -2/3 is perpendicular to it

Answer:

it will be any equation with a slope that is the opposite reciprocal of 3/2 or it's equivalent. So in this case, -2/3. be sure to check the negative does and see if other slopes are the same as -2/3 but in a different form.

Please solve. Thanks.

Answers

Answer:

90°

Step-by-step explanation:

a square in the corner of an angle always indicates 90° because each corner of a square is also 90°

Analyze the diagram below and complete the instructions that follow.

Find m

Answers

Answer:

D. 70.53

Step-by-step explanation:

To solve this problem, one must use the right angle trigonometric rations. These ratios can be used to describe the ratio between the sides and an angle in a right triangle. Please note, each side is named relative to the angle that one is looking at, thus the same side can acquire different names based on the angle one uses to describe it. The trigonometric ratios are the following:

[tex]sin(\theta)=\frac{opposite}{hypotenuse}\\\\cos(\theta)=\frac{adjacent}{hypotenuse}\\\\tan(\theta)=\frac{opposite}{adjacent}[/tex]

In this case, one is asked to find the measure of (<CBA), one is given the hypotenuse (the side opposite the right angle), and the side adjacent to this angle. Therefore, one should use the cosine (cos) function to find this angle.

[tex]cos(\theta)=\frac{adjacent}{hypotenuse}[/tex]

Substitute,

[tex]cos(CBA) = \frac{3}{9}[/tex]

Simplify

[tex]cos(CBA) = \frac{1}{3}[/tex]

Inverse operations,

[tex]CBA=cos^-1(\frac{1}{3})[/tex]

Compute,

m<CBA = 70.53

I need answer immediately!!!!!!

Answers

Answer:

y = -2/3x - 5

Step-by-step explanation:

Find the length of the third side. If necessary, round to the nearest tenth.

Answers

Where is the picture? Nothing is attached to your question.


Question
If two chords intersect inside a circle, then the products of the lengths of the segments of the chords are
A
sometimes equal.
B
never equal.
always equal.
cannot be determined

Answers

I believe always equal

simplify r +5/2 + r-4 /3​

Answers

Answer:

      2r+7/6

Step-by-step explanation:

Answer:

2r +7/6

Step-by-step explanation:

See the steps below:)

Shirts are $12 each and Mary has no more than $48 to spend.How many shirts can she purchase

Answers

Answer:

4 shirts

Step-by-step explanation:

$48/$12= 4 shirts

Hope this helped! :)

What is the greatest common factor for this set of terms:

3x, 18


Please help me!!!

Answers

It’s 3 this was easy like very

Sandra prepared 15 kilograms of dough after working 3 hours. How many hours did Sandra
work if she prepared 20 kilograms of dough? Solve using unit rates.
hours

Answers

Answer:

4 hours  

Step-by-step explanation:

4 hours because if 15 is 3 hours. count by 5. 5 kilograms of dough would be 1 hour, 10 kilograms of dough would be 2 hours leaving 15 at 3 hours and 20 kilograms at 4 hours.

I will give branliest to the person who answers this right: 30 - 12÷3×2 =

Answers

Answer:

22

Step-by-step explanation:

brainliest?

Answer:

The answer is 52          

Step-by-step explanation:

the question is

30 minus 12 divided by 3 times 2

so start with 12 divided by 3 that would equal 4

30 minus 4 times 2

then go to 30 minus 4 that would be 26

26 times 2

and 26 times 2 would be 52

The following tables show some values from three different functions. which of these functions could be quadratic?

Answers

Answer:

C. III only

Step-by-step explanation:

a quadratic function means that as the maximum power in its arguments it is squaring 1 or more items.

so, let's look at the tables.

table I shows the powers of 2. y = 2^x

2^0 = 1

2^1 = 2

2^2 = 4

2^3 = 8

so, it is not saying anything in general.

table II shows an "identity" equation. y = x

0 = 0

1 = 1

2 = 2

3 = 3

this does not square anything.

table III shows then finally a square equation. y = x^2

0^2 = 0

1^2 = 1

2^2 ≈ 4

3^2 = 9

hurray !

-7n = 84 round to the nearest hundredth​

Answers

Answer:

n=-12

Step-by-step explanation:

Divide 84 by -7 and you get -12

A millennium is a period of 1,000 years.
So, 4,000 years is 4 millennia.
How many millennia are there in 5,000 years?

Answers

Answer:

5 millennia

Step-by-step explanation:

The simplest way to get the answer is that a millennium is 1,000 years and since you mentioned there are 4 millennia in 4,000 years, you would need to divide 5,000 by 1,000.  Your answer should be 5 millennia.

the answer would be 5 millennia

Find X and angles R and L. Please help me with this

Answers

I remember learning about this. You can go on Khan academy it is very helpful.

....................​

Answers

Answer:

-4

Step-by-step explanation:

hope this helps with the work

Emergency i will make brainly!! i need an answer cause its due today! And there are no options just solve

Answers

Answer:

cylinder

Step-by-step explanation:

A cylinder is generated by rotating a rectangle about one of its edges

Answer:

Cylinder

Step-by-step explanation:

A Cylinder is made by rotating one of a rectangles angles!! GoodLuck<33

4,192 ÷ 3 explination

Answers

Answer:

[tex]1397\frac{1}{3}[/tex]

Step-by-step explanation:

Answer:

1,397.33333

Step-by-step explanation:

4,192/3 is 1,397.33333 because 3 goes into 4,192, 1,397 times fully and a third more (1/3) to fit.

Help plzzzzzz 1. Use your expression from Exercise 15 to find the total cost of 8 play tickets and 8 choir concert tickets
exercise 15 is Rory buys t play tickets at $14.50 per ticket and t choir concert tickets
at $5.50 per ticket. What is the cost for play tickets and choir concert
tickets?
plz help

Answers

Answer:637

Step-by-step explanation:

7362 is the andwrr

Find the volume of the sphere with radius of 9 cm. Round your answer to the nearest whole number and please be sure to include your units.
3
0 24,429 cm
3
339 cm
3
03.054 cm
3
O 763 cm

Answers

Answer:

3054cm rounded to the whole number

Step-by-step explanation:

4/3xxr^3

would become 4/3 x x 9^3

once you do all of the math you get 3054 cm.

What is the solution to the equation 3 + = 4? y = y = y = 1 y = 4

Answers

Answer:

y = 1

Step-by-step explanation:

3 + y = 4

y = 1

Answer:

Step-by-step explanation:

I think its y=1 but I'm not sure

Hope this helps

Have a good day

Pls tell me if I'm wrong

What the answer to this please

Answers

Answer:

The answer for x is 80°

Step-by-step explanation:

60°+40°+x=180°

X=180°-60°-40°

X=80°

It’s 80 because the sum of all the angles should be 180 so you’d subtract the angles u already have which is 60+40=100 and then u subtract that from 180 and u get 80

X=80

Does anyone know the answer to this question?

Answers

It’s 7 because 7 times 7 is 49

20 POINTS!
Find the Area of the Circle:

Answers

Answer:

1st option

Step-by-step explanation:

The area (A) of a circle is calculated as

A = πr² ( r is the radius )

A = 3.14 × 3² = 3.14 × 9 = 28.26 cm²

Answer:

[tex]area \ of circle = \pi r^{2} = 9\pi \ cm^{2} = 28.27cm^{2}[/tex]

4. If f(x)=2x+3(x+4)+5 then f(6)=?

Answers

Answer:

f(6)=42

Step-by-step explanation:

We know that the equaiton is f(x)=2x+3(x+4). So that means when it is f(6), we plug in 6 into all of the x. Therefore, the equation will be f(6)=2(6)+3(6+4). We combine like terms to get f(6)=12+3(10). We do 3x10 which is equal to 30. f(6)=30+12. 30+12=42. f(6)=42. Therefore, f(6)=42.

If this has helped please mark as brainliest

Answer: 47

Step-by-step explanation:

That just means replace the x’s with 6 in the equation. So 2*6+3(6+4)+5. 6+4 is 10, 2*6 is 12. So the equation is now 12+3(10)+5. 3*10 is 30. 12+30+5=47.

To rent a van, a moving company charges $50.00 plus $5.50 per mile. The table shows the total cost for the number of miles driven. Enter an equation in slope-intercept form to represent this situation.

Answers

y = 55/10x + 50 is the equation to represent this situation

a bamboo plant grows 53 1/4 inches in 1 1/2 mouth's what is the bamboo's growth rate in inches per month​

Answers

256 inches
Explanation
I did it like 2 weeks ago
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