Find the simple interest on $2,219 principal, deposited for 6 years at a rate of 1.91%

Answers

Answer 1

Answer:

$13,568.30

Step-by-step explanation:

I = Prt

I = 2,219(1.0191)(6) = 13,568.30


Related Questions

Madeline invested $960 in an account paying an interest rate of 3.5% compounded daily. Assuming no deposits or withdrawals are made, how long would it take, to the nearest year, for the value of the account to reach $1,250?

Answers

Answer:

It is 8 years

Step-by-step explanation:

Answer:

Answer:

It is 8 years  

Step-by-step explanation:

 

Step-by-step explanation:


Find the area of the shape above.
A. 28 square inches
B. 30 square inches
C. 34 square inches
D. 36 square inches

HELP ME PLS ASAP PLS PLS ASAP

Answers

it’s 30 I think. I just used the calculator ...
30! If you add all of them you get 30

A recent newspaper article claimed that more people read Magazine A than read Magazine B. To test the claim, a study was conducted by a publishing representative in which newsstand operators were selected at random and asked how many of each magazine were sold that day. The representative will conduct a hypothesis test to test whether the mean number of magazines of type A the operators sell, μAμA, is greater than the mean number of magazines of type B the operators sell, μBμB. What are the correct null and alternative hypotheses for the test?
A. H0:μA−μB=0Ha:μA−μB>0H0:μA−μB=0Ha:μA−μB>0
B. H0:μA−μB<0Ha:μA−μB>0H0:μA−μB<0Ha:μA−μB>0
C. H0:μA−μB=0Ha:μA−μB≠0H0:μA−μB=0Ha:μA−μB≠0
D. H0:x¯A−x¯B=0Ha:x¯A−x¯B>0H0:x¯A−x¯B=0Ha:x¯A−x¯B>0
E. H0:μB−μA=0Ha:μB−μA>0H0:μB−μA=0Ha:μB−μA>0

Answers

Answer:

Option A.

Step-by-step explanation:

The representative will conduct a hypothesis test to test whether the mean number of magazines of type A the operators sell, μAμA, is greater than the mean number of magazines of type B the operators sell, μBμB. What are the correct null and alternative hypotheses for the test?

To verify this, the distribution used is [tex]\mu_{A} - \mu_{B}[/tex]

The null hypothesis is an equality, which means that it is:

[tex]H_{0} = \mu_{A} - \mu_{B} = 0[/tex]

At the alternate hypothesis, we want to test if the mean number of type A is greater than type B, that is, the distribution is positive. So

[tex]H_{A} = \mu_{A} - \mu_{B} > 0[/tex]

So the correct answer is given by option A.

Will give brainliest if you awnser all math questions
1. Growth curve A represents $200 saved at 2.5 percent simple interest. Growth curve B represents $200 saved at 2.5 percent interest, compounded quarterly.

Which savings account is growing fastest?

They are growing at the same rate.
simple interest
compounded quarterly

2.Growth curve A represents $200 saved at 2.5 percent simple interest. Growth curve B represents $200 saved at 2.5 percent interest, compounded quarterly.

Use the graph shown to estimate the amount in Account A in 30 years.

$340

$350

$370

$400

3.Growth curve A represents $200 saved at 2.5 percent simple interest. Growth curve B represents $200 saved at 2.5 percent interest, compounded quarterly.

Use the graph shown to estimate the amount in Account B in 30 years.

$400

$410

$420

$450

4.Growth curve A represents $200 saved at 2.5 percent simple interest. Growth curve B represents $200 saved at 2.5 percent interest, compounded quarterly.

What is the approximate difference between the two accounts in 20 years?

$100

$50

$25

$10

5.Growth curve A represents $200 saved at 2.5 percent simple interest. Growth curve B represents $200 saved at 2.5 percent interest, compounded quarterly.

Why is the amount much higher in the compounded interest account?

The account started with more money.

The account is in a better bank.

The interest rate is higher.

The account pays interest on both the principal and the interest accumulated.

Answers

Answer: Compounded quarterly, 350, 420, 25, the account pays interest on both the principal and the interest accumulated.

Step-by-step explanation:

Question 1: Compounded quarterly is growing fastest because it's broken down more than what simple interest does and therefore is faster instead.

Question 2: Account A in 30 years would be 350, I did this problem and eyeballed it. Trust me.

Question 3: Account B in 30 years would be 420.

Question 4: The approximate difference between the two accounts in 20 years would be 25.

Question 5: If the rate of interest is annual and the interest is compounded quarterly then the number of years is 4 times and the rate of annual interest is one-fourth. Therefore, the account pays interest on both the principal and the interest accumulated.

Hope this helps

The simple interest and compound interest are solved for both the curves

a) The compound interest is growing fastest

b) the amount in Account A in 30 years A = $ 350

c) The amount in Account B in 30 years is B = $ 420

d) The difference between the two accounts in 20 years = $ 25

What is Compound Interest?

Compound interest is interest based on the initial principle plus all prior periods' accumulated interest. The power of compound interest is the ability to generate "interest on interest." Interest can be added at any time, from continuously to daily to annually.

The formula for calculating Compound Interest is

A = P ( 1 + r/n )ⁿᵇ

where A = Final Amount

P = Principal

r = rate of interest

n = number of times interest is applied

b = number of time periods elapsed

Given data ,

a)

Let the 2 curves be represented as A and B

Now , the amount invested by A = $ 200

The rate of simple interest = 2.5 %

And , the amount invested by B = $ 200

The rate of compound interest = 2.5 %

So , we can say that since it is more thoroughly broken down than basic interest is, compounded quarterly growth is the quickest.

b)

The amount for A in 30 years is given in the graph

A = $ 350

c)

The amount for B in 30 years is given in the graph

B = $ 420

d)

The amount for A in 20 years is given in the graph = $ 300

The amount for B in 20 years is given in the graph = $ 325

The difference between the two accounts in 20 years = $ 325 - $ 300

The difference between the two accounts in 20 years = $ 25

Hence , the compound interest is solved

To learn more about compound interest click :

https://brainly.com/question/21270833

#SPJ3

Round to the nearest tenth

Answers

Answer:

Step-by-step explanation:

Pythagorean theorem: b² + 6² = 14²

b² = 14² - 36² = 160

b = 4√10

sin(A) = 6/14 = 3/7

∠A = arcsin(3/7) ≈ 25.4°

∠B ≈ 90° - 25.4° = 64.6°

the lowest point of the dry lake bed in the example has an elevation of -18 3/4 ft what number represents the change in elevation from the start of the path to the lowest point in the dry lake bed show your work (my teacher said she messed it up so it’s the same question just the numbers are -18 3/4 - (-12 1/2) explain how !

Answers

Answer:

the lowest point of the dry lake bed in the example has an elevation of -18 3/4 ft what number represents the change in elevation from the start of the path to the lowest point in the dry lake bed show your work (my teacher said she messed it up so it’s the same question just the numbers are -18 3/4 - (-12 1/2) explain how !

What is the total cost of a video game that is $59.99 with a sales tax of 7%?

Answers

Answer:

Your total will be $64.19

Step-by-step explanation:

I know this because 7% is $4.20 and so if i add $59.99 to $4.40 i will get $64.19:)

Which expressions are equivalent to
565x+7)-3(x-4)? Select three options.

Answers

Answer:

1001

Step-by-step explanation:

$2200/month&£-£+£+£

The triangular pyramid needs square inches of construction paper to make. The square pyramid needs square inches of construction paper to make. The pyramid will need square inches more construction paper to make than the other pyramid. Need help ASAP

Answers

Answer:

Please post the figure

Step-by-step explanation:

Pls help this is due today!
Find the width of a rectangular prism that has a height of 43 ft., a length of 23 ft and a surface area of 5,278 ft.2

Use the formula: SA = 2lh + 2lw + 2wh

Answers

Answer:

do you have a picture of this

Answer:

width = 25 ft

Step-by-step explanation:

SA = 2lh + 2lw + 2wh

5278 = (2)(23)(43) + (2)(23)(w) + (2)(w)(43)

reduce:

5278 = 1978 + 46w + 86w

subtract 1978 from each side:

3300 = 132w

divide both sides by 132

w = 25

I purchase a new gaming system on opening night. Since I am one of the first 100 customers to purchase the system, the store gives me a 20% discount of the regular cost. If I pay $500 for the gaming system at the discounted price, what is the regular cost of the gaming system?


I WILL GIVE BRAINLIEST ​

Answers

Answer:

2500

Step-by-step explanation:

50020%50020%

Convert 20%20% to a decimal.

5000.25000.2

Divide 500500 by 0.20.2.

2500

cat e (5×4)+(5×7) ? plss​

Answers

Answer:

55

Step-by-step explanation:

Answer:

20+35

55

Step-by-step explanation:

I hope that helps!

I need to know the equation of the line shown on the graph. It would be greatly appreciated for any of these

Answers

Answer: Top left one is y=-2/3-1

Step-by-step explanation:  

If ABCD is a parallelogram, m A
B
(3x + 4)º
D

C
Equation:
X=
(PLEASE HELP)

Answers

Answer:

x is 44 because

3x+4+x=180

4x=180-4

4x=176

x=44

The chart below shows one store’s sales of computers, listed by model. 2 circle graphs. A circle graph titled May. Poreg, 262; Quilren, 282; Dinztop, 223; Quilren 2, 135; Juvanto, 148. A circle graph titled June. Poreg, 173; Quilren, 184; Dinztop, 148; Quilren 2, 153; Juvanto, 212. If the changes in sales between May and June continue at the same percent rate, how many Dinztop computers will be sold in July? a. 73 b. 98 c. 142 d. 184

Answers

Answer:

b. 98

Step-by-step explanation:

May and June:

May: 223 Dinztop sales

June: 148 Dinztop sales.

So

[tex]p = \frac{148}{223} = 0.6637[/tex]

In June, it sold 0.6637 = 66.37% the amount of computers sold in May.

How many Dinztop computers will be sold in July?

Because of the same percent rate, 0.6637 = 66.37% of the amoutns sold in June.

0.6637*148 = 98

The correct answer is given by option b.

4(2h+g) can y’all tell me how to solve it please

Answers

Answer:

Step-by-step explanation:

4(2h+g)

8h + 4g

[tex]4(2h + g)[/tex], distribute by multiplying 4 × 2h = 8h and 4 × g = 4g

[tex]8h + 4g[/tex], final answer

hope this helps you understand :)

Enter the value of 2 • 43 +4.
PLEASE ANSWER QUICK

Answers

Answer: 90

Step-by-step explanation:

2*43+4

86+4

90

Answer:

94

Step-by-step explanation:

43 +4 = 47

47 x2 = 94

help!!!!! will give big brain

Answers

What is the brain
Explanation

what is the slope of the line 8y = -16​

Answers

Answer: y=-2

Step-by-step explanation:

8y=-16

divide by 8 on each side

y=-2

Angela plans to buy new flooring for her bedroom. Her bedroom floor is a rectangle that is 7.9 meters by 6.2 meters. a. How many square meters of floor space does her bedroom have? meters squared b. Suppose the flooring costs $5.90 per square meter. How much will the flooring cost? (use a dollar sign and NO SPACES)

Answers

part A is 48.98 meters squared. part B is $288.982.

Step-by-step explanation:

To find the area of the flooring you multiply 7.9 and 6.2 which gives you 48.98 meters squared. Then for part B you take your product from part A and multiply it by $5.90, giving you $288.982.

I hope this helps

How many ounces are in 43 pounds?​

Answers

there is 688 ounces in 48 pounds

Answer:

688 ounces.

Step-by-step explanation:

This answer is correct, pls give brainliest :))

Steps:

Multiply the mass value by 16.

43 x mv = 688

What is the solution to the equation?

x
3
=
21

Answers

21 divided by 7 equals 3. X=7

549 customers are 36% of how many customers?

Answers

Answer:

513

Step-by-step explanation:

549- 36 = 513

At the city museum, child admission is $5.20 and adult admission is $8.60 . On Saturday, 159 tickets were sold for a total sales of $1054.60. How many child tickets were sold that day?

Answers

Step-by-step explanation:

You can call c the number of children and a of adults; you get:

5.20c+8.50a=1097.60

and

a=4c meaning that the number of adults was four times the children.

Substituting this value of a into the first equation we get:

5.2c+8.5(4c)=1097.6

5.2c+34c=1097.6

rearranging:

c=1097.639.2=28

and so:

a=4c=4⋅28

find the missing side ​

Answers

C=6 i know for a fact :) hope this helps

Answer:

If you are finding the area, then it would be 10 [tex]units^{2}[/tex]. But for the missing side it is probably I would say 7.

Step-by-step explanation:

Are there answer choices? Or is it something you type in a text box?

Thanks! And your welcome!

Lauren is going to invest $740 and leave it in an account for 9 years. Assuming the
interest is compounded monthly, what interest rate, to the nearest tenth of a percent,
would be required in order for Lauren to end up with $920?

Answers


Don’t Go into no links on here there a scam end up

Answer:

2.4

Step-by-step explanation:

A building company completes 42 homes every 2 months.

At this rate, how many homes can the company complete in 6 months?

Answers

126

Step-by-step explanation:

the ratio is 2months- 42 homes

6-126 = (2-42)x3

Answer:

the answer is a or b

Step-by-step explanation:

Eli buys milk and lemons at the store.
He pays a total of $50.59.
He pays a total of $6.35 for the milk.
He buys 7 bags of lemons that each cost the same amount.

How much does each bag of lemons cost?

Answers

Answer:

$6.32

Step-by-step explanation:

m + L = total $

6.35 + 7L = 50.59

7L = 44.24

L = 6.32

what does 1.32 x 4.2 equal

Answers

Answer:

5.544

Step-by-step explanation:

1.32 × 4.2 = 5.544

it has to be longer than 20 characters

a and b are positive integers and a–b = 3. Evaluate the following:
27/1/3 b/9/ 1/2 a

Answers

Answer:

[tex]\dfrac{1}{27}[/tex]

Step-by-step explanation:

Given that,

a-b = 3

We need to find the value of [tex]\dfrac{27^{\dfrac{1}{3}b}}{9^{\dfrac{1}{2}a}}[/tex].

We know that,

[tex]27=3^3\\\\9=3^2[/tex]

So,

[tex]\dfrac{27^{\dfrac{1}{3}b}}{9^{\dfrac{1}{2}a}}=\dfrac{3^3^({\dfrac{1}{3}b})}{3^2^{\dfrac{1}{2}a}}\\\\=\dfrac{3^b}{3^a}[/tex]

We know that : [tex]\dfrac{x^p}{x^q}=x^{p-q}[/tex]

So,

[tex]\dfrac{3^b}{3^a}=3^{b-a}[/tex]

Since, b-a = -3. So,

[tex]3^{b-a}=3^{-3}\\\\=\dfrac{1}{3^3}\\\\=\dfrac{1}{27}[/tex]

So, the value of the given expression is equal to [tex]\dfrac{1}{27}[/tex].

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