Deposited 3,000$ and it earned 300$ in simple interest after 5 years what’s the interest rate

Answers

Answer 1

Answer:

The interest rate is 2%

Step-by-step explanation:

Simple Interest

Unlike compound interest where the interest earned in the compounding periods is added to the new principal, simple interest only considers the principal to calculate the interest.

The interest earned is calculated as follows:

I=P.r.t

Where:

I = Interest

P = initial principal balance

r = interest rate

t = time

The principal is P=$3,000 and it earned I=$300 in t=5 years. Thus the interest rate can be calculated by solving for r:

[tex]\displaystyle r=\frac{I}{P.t}[/tex]

[tex]\displaystyle r=\frac{300}{3,000*5}[/tex]

[tex]\displaystyle r=\frac{300}{15,000}[/tex]

r = 0.02

The interest rate is 2%


Related Questions

15.3+1 (1.10).-1:9 (11.5)-12=

Answers

Step-by-step explanation:

[tex]15 \times 3 = 45 \\ 45 + 1 = 46 \\ 1 \times 10 = 10 \\ 46 + 10 = 56 \\ 56 - 19 = 37 \\ 11 \times 5 = 55 \\ 55 + 37 = 97 \\ 97 - 12 = 80[/tex]

Maya buys a 5-pound bag of sugar. She uses 1 4/8 pounds of the sugar baking cookies. How much sugar does Maya have left?

Answers

Answer:

3 1/2 lb

Step-by-step explanation:

Subtract 1 4/8 from 5 since Maya used 1 4/8 lb:

5 - 1 4/8 = 3 4/8 or 3 1/2 lb of sugar

Is the following shape a square? How do you know?
pls help I keep messing up side DA

Answers

Answer:

The answer will be D.

What transformations are applied to the graph of the function f(x) = 10^x to produce the graph of the function g(x) = 3(10)^x - 2 ?

A.
a vertical dilation by a factor of and a horizontal shift to the right 2 units
B.
a vertical dilation by a factor of and a vertical shift down 2 units
C.
a vertical dilation by a factor of 3 and a vertical shift down 2 units
D.
a vertical dilation by a factor of 3 and a horizontal shift to the right 2 units

Answers

Answer:

C

Step-by-step explanation:

lol didn't i just answer one of your questions, also give me brainliest pls :)

First, the function was multiplied by 3, which is a vertical dialation by a factor of 3. Then, we subtracted 2 from the function, which is a vertical shift down two units. Therefore, the answer is C

The transformations are applied to the graph of the function should be option c. a vertical dilation by a factor of 3 and a vertical shift down 2 units

What transformation should be applied:

Since

First, the function should be multiplied by 3, that represent vertical dilation by a factor of 3. After this, we subtracted 2 from the function, i.e. is a vertical shift down two units.

Therefore, the answer is C a vertical dilation by a factor of 3 and a vertical shift down 2 units.

Learn more about transformations here: https://brainly.com/question/19560160

What is the domain of the function in this table?

Answers

Answer:

D. {1,2,3,4}

Step-by-step explanation:

The domain can only be x-values.

(8b+12)+(3n+6)+(9b-4)

Answers

Answer:

17b+3n+14

Step-by-step explanation:

no any step

okk

finished

Answer:

Step-by-step explanation:

(8b+12)+(3n+6)+(9b-4)

Remove the parentheses:

8b+12+3n+6+9b-4

Group like terms:

8b+9b+3n+12+6-4

Add the similar element:8b+9b=17b

=17b+3n+12+6-4

add/subtract the numbers:12+6-4=14

=17b+3n+14


Find the distance between the points (5, 7) and (1, 10).

Answers

Hey there!

Formula: y2 – y1/ x2 – x1

y2 = 10

y1 = 7

x2 = 1

x1 = 5

Equation: 10 – 7/ 1 – 5

10 – 7 = 3 ⬅️ Numerator

1 – 5 = –4 ⬅️ Denominator

Answer: 3/–4

Good luck on your assignment and enjoy your day!

~Amphitrite1040:)

Let the points be A and B
Distance AB= root (1-5)^2-(10-7)^2
= root 16-9
= root 7

Someone who can solve all 3 correct gets BRAINLY!!! PLZ HELPP

Answers

Answer:

22, 9, and True.

I hope it helps :)

what's a good online graph maker?

Answers

Answer:

desmos

Step-by-step explanation:

Answer:

GeoGebra Classic its a little complacated but it works really well

Step-by-step explanation:

A growth medium is inoculated with 1,000 bacteria, which grow at a rate of 15% each day. What is the population of the culture 6 days after inoculation?

y = 1,000(1.15)6; 2,313 bacteria
y = 1,000(1.15)7; 2,660 bacteria
y = 1,000(1.5)5; 7,594 bacteria
y = 1,000(1.5)6; 11,391 bacteria

Answers

Answer:

A

Step-by-step explanation:

The population of the culture 6 days after inoculation is 2,313.

Correct option is (A).

What is Compounding?

When interest is earned and then reinvested, the total interest on the principle is calculated using compounding. It causes assets or capital to increase exponentially for investors.

As per the given data:

Number of bacteria initially (P) = 1000

Growth rate of the bacteria = 15% each day

Growth rate of the bacteria in decimal (r) = 0.15

Number of days (n) = 6

The bacteria is growing each day with 15% each day, hence it is compounding.

The population of the culture 6 days after inoculation (y):

[tex]y = P (1+r)^t[/tex]

[tex]y = 1000 (1+0.15)^6[/tex]

[tex]y = 1000 (1.15)^6[/tex]

y = 2,313

Hence, The population of the culture 6 days after inoculation is 2,313.

To learn more about compounding, click:

brainly.com/question/13155407

#SPJ7

Convert [tex]\p\frac{5\pi }{18}[/tex] radians into degrees.

Answers

Answer:

50

Step-by-step explanation:

Formula: 1rad × 180/π = 57.296°

Felix is dividing 322 by 12. He
says the answer is going to be
smaller than 322. Do you agree
with him or disagree?

Answers

I agree if you divide it. The answer will be 26.8

Answer:

agree

Step-by-step explanation:

322/12 is 26.8333333333 so its obviously smaller than 322

please help and show work​

Answers

9514 1404 393

Answer:

  h = 12 m

Step-by-step explanation:

Sides of the triangle are proportional.

  (3.6 m)/(1.2 m) = h/(1.2 m + 2.8 m)

  (4 m)(3.6/1.2) = h . . . . . multiply by 4 m

  h = 12 m

please help! algebra homework

Answers

Answer:

1: y=3/4x-2

2: y=-2x-5

3: y=7x+6

4: y=2x+1

HOPE I HELPED:)

Step-by-step explanation:

To make 3 dinner rolls, 3/4 cup of flour is used. How many rolls can you make with 2 1/2 cups of flour?

Answers

Answer: I can make 10 rolls with 2 1/2 cups of flour

Step-by-step explanation:

3/4 cup of flour can makes 3 Dinner rolls

Therefore  2 1/2 cups of flour will make

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

(5/2 x 3 ) / ( 3/4)

(15/2) /(3/4)

7.5/ 0.75 = 10 rolls


how do you calculate an 1/8 of 60?

Answers

Answer:

1/8 of 60 is 7.5

Step-by-step explanation:

12 POINTS!! PLEASE HELP!
You ride through some wet paint on your bike, creating a red
spot on the tire. Write a cosine equation to model the height
of the red spot over the distance you ride.

• Your bike tire has a radius (r) of 13 inches

• The period is the circumference of the tire (2 πr)

• Start the cycle when the spot is at the top of the tire

Answers

Answer:B

y=13cos(1/13x)+13

Step-by-step explanation:

The cosine equation to model the height of the red spot over a distance you ride is y = 13 cos (x/13) + 13. Then the correct option is B.

What is a cosine Function?

It is a function that repeats itself in a particular time interval.

You ride through some wet paint on your bike, creating a red spot on the tire.

Write a cosine equation to model the height of the red spot over the distance you ride.

Your bike tire has a radius (r) of 13 inches.

The period is the circumference of the tire (2πr).

The cosine equation is given as

y = A cos (Bx + C) + D

Where

A = the amplitude

B = time period

C = phase difference

D = shifting of central line

Then we have the diagram

A = 13

B = 1/13

C = 0

D = 13

Then the equation will be

[tex]\rm y = 13 \cos (\dfrac{1}{13}x - 0 ) + 13\\\\y = 13 \cos (\dfrac{x}{13} ) + 13[/tex]

More about the cosine function link is given below.

https://brainly.com/question/3876065

#SPJ2

A certain bacteria triples in a Petri dish every hour. Which formula should be used to determine the bacteria after x hours assuming uninhibited growth and there was initially 500 colonies.

a
500\ \left(1.03\right)^x

b
500\ \left(3\right)^x

c
500\ \left(2\right)^x

d
500\ \left(1.02\right)^x

Answers

Answer:

500(3)^x

Step-by-step explanation:

Got it right on edge

evaluate x2 when x=-2

Answers

Answer:

-4

Step-by-step explanation:

x2 is x*2.

If x=-2, then the equation would be -2*2 which is -4.

Answer:

-4

Step-by-step explanation:

x2 when x=-2

-2 (2)

-2 · 2

-4

Solve the equation for all real solutions in simplest form.
-4m^2+2m-11=-5m^2

Answers

Answer:

m is equal to -1 ± 2√3, which is approximately equal to 2.46 and -4.46

Step-by-step explanation:

-4m² + 2m - 11 = -5m²

m² + 2m - 11 = 0

m² + 2m + 1 = 12

(m + 1)² = 12

m + 1 = ± √12

m = -1 ± 2√3

Prepare a ledger using the three-column form of account. Enter the trial balance amounts into the balance column and then post the adjusting entries. (Post entries in the order of journal entries posted in the previous part of the question. Round answers to 0 decimal places, e.g. 5,275.)

Answers

Answer:

Insurance Expense (Dr.) $200

Prepaid Insurance (Cr.) $200

Supplies expense (Dr.) $1,250

Cash (Cr.) $1,250

Depreciation Expense (Dr.) $424

Accumulated depreciation Building (Cr.) $304

Accumulated Depreciation Equipment (Cr.) $120

Interest Expense (Dr.) $200

Interest Payable (Cr.) $200

Unearned Rent Revenue (Dr.) $2,200

Rent Revenue (Cr.) $2,200

Salaries Expense (Dr.) $700

Salaries Payable (Cr.) $700

Step-by-step explanation:

Three column ledger has particular, debit and credit columns in which all the entries which are recorded in journal entries are posted to have a clear view of the expense and income.

-9 = X / -6 what does the variable

Answers

Answer:

x= 54

Step-by-step explanation:

-9=x/-6

x-6 on both sides

54= x

y varies Directy with
the square
of x. if
y=24 when x=2
Find y when
X= 5

Answers

Answer:

When X=5, Y=60

Step-by-step explanation:

24 | 2

36 | 3

48 | 4

60 | 5

18 meters= how many centimeters

Answers

Answer:

1800

Step-by-step explanation:

can i have brainliets, please? hee hee

18m

to convert into cm;

=18x100

=1800cm

Hope has driven 19 miles. She averaged 47 miles per hour. How many more hours must she drive to travel a total of 739 miles?
Pls help I only have until 11:59

Answers

I am coming to the rescue hehehe

So, she has drove 19 miles already so
739 - 19 = 720
720/47= 15.320 ~ about 15 hours
15 hours and 20 minutes
The hours you would write is 15
739-19/47
739-19=720
720/47=15.319
15.319 rounded = 15 hours and 29 minutes

At a restaurant last week, 4 times as many hot dogs were sold as hamburgers. The
restaurant sold a total of 588 hot dogs last week. Which equation can be used to find
how many hamburgers were sold at the restaurant last week?
4*n-588; n = 147 hamburgers
4xn-588; n = 122 hambungers
4x588 = n;n= 2,352 hamburgers
04x588 - nn- 2,022 hamburgers

Answers

Answer:

4×588= n;n=2,352 hamburgers

Find the ten missing angles labeled in the diagram. Line a is parallel to line b. The measures of two angles are given.​

Answers

Answer:

m∠3 = 112°     m∠5 = 38°     m∠6 = 68°    m∠8 = 74°

You do the others

Step-by-step explanation:

Facts you need to solve this problem.

1.  Vertical angles are congruent

2.  Alternate interior angles are congruent when lines are parallel

3.  Sum of the measures of the angles of a triangle is 180

4.  Adjacent angles are supplementary when two lines intersect

m∠3 = 112°   (Reason 1 above)

m∠6 = 180 - 112 = 68°   (Reason 4)

m∠6 + m∠5 + 74 = 180°  (Reason 3)

68 + m∠5 + 74 = 180

142 + m∠5 = 180

m∠5 = 38°

m∠8 = 74°  (Reason 2)

That gives you a start, so I will let you find all the others.  OK?  I know you don't want to do that, but you need to be able to do this type of problem.  Now, go for it!!

The volume of a cylinder with radius r and height his v = 7h
A barrel in the shape of a circular cylinder is 30 inches in diameter and 42 inches tall.
Approximately what is the volume of the barrel in gallons?
(Use 1 gal - 231 in)

Answers

Answer: 128.5 gallons

Step-by-step explanation:

V= πr²h

V=π15²42

V= 29688.05058in³ ÷ 231 ≈ 128.5 gallons

Note- It would mean the world to me if you could mark me brainliest!

Compute the average rate of change of f(x) = 2x - 1 from x1 = 1 to X2 = 3.

Answers

Answer:

i hope this help you

What is the median of the data set?
38, 65, 72, 67, 80
A
67
B 64
C
72
D 65

Answers

Answer:

A) 67

Step-by-step explanation:

Answer:

Answer is A.67

Step-by-step explanation:

I hope it's helpful!

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