if the interest earned was $55.20 on an investment of $230 that has a rate of 3%, how long was the money invested?

Answers

Answer 1

Answer:

8 years

Step-by-step explanation:

Answer 2

The time period such that interest earned was $55.20 on an investment of $230 has a rate of 3% will be 8 years.

What is simple interest?

Simple interest is a way to figure out how much interest will be charged on a sum of money at a specific rate and for a specific time.

Unlike compound interest, which adds the interest from the principal of prior years to determine the interest of the following year, the principal amount in simple interest remains constant.

As per the given,

Principle amount P = $230

Rate of interest R = 3 %

Interest earned = $55.20

It is known that.,

Interest earned = PRT/100

55.20 = (230 x 3 x T)/100

(55.20 x 100)/(230 x 3 ) = T

T = 8 years

Hence "The time period such that interest earned was $55.20 on an investment of $230 has a rate of 3% will be 8 years".

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Related Questions

Which expression can be used to solve the problem below? On a recent math test,
Jill scored 3 points for each of the 18 multiple choice questions she answered
correctly and 5 points for each of the 6 short response questions she answered
correctly. What was her total score on the test?


1 : 3+16 • 18+6
2 : 3+18 • 5+6
3 : 3 • 5 + 18 • 6
4 : 3 • 18 + 5 • 6

Answers

Answer:

4

Step-by-step explanation:

Because she gets 3 per multiple choice question, so 3 times 18

she gets 5 per response question, so 5 times 6

Jill total score on the test is 3 • 18 + 5 • 6. The correct option is 4.

What is multiplication?

Multiplication is a mathematical arithmetic operation. It is also a process of adding the same types of expression for some number of times.

Example - 2 × 3 means 2 is added three times, or 3 is added 2 times.

Given;

Jill scored 3 points for each of the 18 multiple choice questions she answered correctly.

That means,

use the multiplication operation,

3 x 18

And 5 points for each of the 6 short response questions she answered correctly.

That means,

5 x 6

To find the total score:

Add the scores,

3 x 18 + 5 x 6

or, 3 • 18 + 5 • 6

Therefore, 3 • 18 + 5 • 6 is the required expression.

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Helppppp meeeee 3/5 Divided by 1/9

Answers

Answer: 5.4  or  5 2/5 Hope this helps have a GREAT night

Step-by-step explanation:

help me plz !!!!!!!!!!!!

Answers

Answer:

5/7

Step-by-step explanation:

hope this helps!!

Answer:

the answer is 5/7 thats the lowest it can go

Step-by-step explanation:

What is the surface area of this rectangular pyramid?
4 mm
5 mm
5 mm
square millimeters

Answers

Answer:

100 mm i think

Step-by-step explanation:

Find the distance between the two points

Answers

I got 8.1 units
.
I used the Pythagorean Theorem to find my answer. I plugged in 7 for the long side and 4 for the short side and then solved.
.
Hope this helps :)

PLEASE HELP QUICKLY!!!!! PLZZZZZZ!!!!!!!

Answers

(4)=34 (3/2)=67 sorry if I am wrong.

Peter collected 171 marbles but lost 3/4 of them on his way home through of hole in his bag when he arrived at home now many marbles did Peter have left?​

Answers

The answers is 43 since 171 divided by 4 is 42.75. So then multiply that by 3. and subtract that from 171. and u get ur answer which is 43

The number of marbles Peter had when he arrived home was 43 marbles

What is Percentage?

A percentage is a number or ratio expressed as a fraction of 100. It is often denoted using the percent sign, %

Given data ,

The number of marbles Peter had on his way home = 171

The amount of marbles he lost on his way home = ( 3/4 ) th

Now , the amount of marbles Peter have left = 1 - amount of marbles he lost on his way home

The amount of marbles Peter have left = 1 - 3/4

                                                                = ( 1 / 4) th

So , The number of marbles Peter had left when he arrived home is =

Amount of marbles Peter have left x Number of marbles Peter had

The number of marbles Peter had left when he arrived home is = (1/4) x 171

= 171 / 4

= 42.75

≈ 43 marbles

Hence , the number of marbles Peter had left when he reached home is 43

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Anybody Know This. ?

Answers

Answer: (Option 1) They are similar triangles.

Step-by-step explanation: Just because there are different letters doesn’t mean that they aren’t similar triangles. The measurements are also alike, so you can call them congruent and similar.

Margie paid $10.65 for 3 gallons of milk.
She wants to buy 8 additional gallons of
milk. How much will she pay for the
additional 8 gallons?

Answers

Answer:

She will pay $28.4 for the additional gallons.

Step-by-step explanation:

First find the unit amount:

10.65/3 = 3.55

now multiply:

3.55 x 8 = 28.4

Answer: 255.6

Step-by-step explanation:my teacher told me that to tell you the answer but you have to figure how i told you the answer.

Suppose that Y has density function
f(y) = ky(1 − y) if 0 ≤ y ≤ 1 0, elsewhere
A) Find the value of k that makes f (y) a probability density function.
B) Find P(Y ≤ .4|Y ≤ .8).
C) Find the .95-quantile, i.e., find a point φ.95 such that P(Y ≤ φ.95) = .95.

Answers

I'm assuming

[tex]f(y)=\begin{cases}ky(1-y)&\text{for }0\le y\le1\\0&\text{otherwise}\end{cases}[/tex]

(a) f(x) is a valid probability density function if its integral over the support is 1:

[tex]\displaystyle\int_{-\infty}^\infty f(x)\,\mathrm dx=k\int_0^1 y(1-y)\,\mathrm dy=k\int_0^1(y-y^2)\,\mathrm dy=1[/tex]

Compute the integral:

[tex]\displaystyle\int_0^1(y-y^2)\,\mathrm dy=\left(\frac{y^2}2-\frac{y^3}3\right)\bigg|_0^1=\frac12-\frac13=\frac16[/tex]

So we have

k / 6 = 1   →   k = 6

(b) By definition of conditional probability,

P(Y ≤ 0.4 | Y ≤ 0.8) = P(Y ≤ 0.4 and Y ≤ 0.8) / P(Y ≤ 0.8)

P(Y ≤ 0.4 | Y ≤ 0.8) = P(Y ≤ 0.4) / P(Y ≤ 0.8)

It makes sense to derive the cumulative distribution function (CDF) for the rest of the problem, since F(y) = P(Y ≤ y).

We have

[tex]\displaystyle F(y)=\int_{-\infty}^y f(t)\,\mathrm dt=\int_0^y6t(1-t)\,\mathrm dt=\begin{cases}0&\text{for }y<0\\3y^2-2y^3&\text{for }0\le y<1\\1&\text{for }y\ge1\end{cases}[/tex]

Then

P(Y ≤ 0.4) = F (0.4) = 0.352

P(Y ≤ 0.8) = F (0.8) = 0.896

and so

P(Y ≤ 0.4 | Y ≤ 0.8) = 0.352 / 0.896 ≈ 0.393

(c) The 0.95 quantile is the value φ such that

P(Y ≤ φ) = 0.95

In terms of the integral definition of the CDF, we have solve for φ such that

[tex]\displaystyle\int_{-\infty}^\varphi f(y)\,\mathrm dy=0.95[/tex]

We have

[tex]\displaystyle\int_{-\infty}^\varphi f(y)\,\mathrm dy=\int_0^\varphi 6y(1-y)\,\mathrm dy=(3y^2-2y^3)\bigg|_0^\varphi = 0.95[/tex]

which reduces to the cubic

3φ² - 2φ³ = 0.95

Use a calculator to solve this and find that φ ≈ 0.865.

Using probability concepts, it is found that

a) The value is k = 6.

b) P(Y ≤ .4|Y ≤ .8) = 0.554.

c) The 95th percentile is x = 0.86465.

The density function is:

[tex]f(y) = ky(1 - y)[/tex]

Item a:

The condition that makes it a probability density function is:

[tex]\int_0^1 f(y) dy = 1[/tex]

Thus:

[tex]\int_0^1 f(y) dy = \int_0^1 ky - ky^2 dy[/tex]

[tex]\int_0^1 f(y) dy = k(\frac{y^2}{2} - \frac{y^3}{3})|_{y = 0}^{y = 1}[/tex]

[tex]\int_0^1 f(y) dy = k(\frac{1}{2} - \frac{1}{3})[/tex]

Then

[tex]k(\frac{1}{2} - \frac{1}{3}) = 1[/tex]

[tex]k(\frac{3-2}{6}) = 1[/tex]

[tex]k = 6[/tex]

The value is k = 6.

Item b:

This probability is:

[tex]\int_0.4^0.8 f(y) dy = 6(\frac{y^2}{2} - \frac{y^3}{3})|_{y = 0.4}^{y = 0.8}[/tex]

Then

[tex]p = 6\left(\frac{0.8^2}{2} - \frac{0.8^3}{3} - \frac{0.4^2}{2} + \frac{0.4^3}{3}\right)[/tex]

[tex]p = 0.554[/tex]

Thus, P(Y ≤ .4|Y ≤ .8) = 0.554.

Item c:

This is x for which:

[tex]\int_0^x f(y) dy = 0.95[/tex]

Thus:

[tex]6(\frac{x^2}{2} - \frac{x^3}{3}) = 0.95[/tex]

[tex]-2x^3 + 3x^2 - 0.95 = 0[/tex]

Solving a cubic equation with the help of a calculator, and considering [tex]0 \leq x \leq 1[/tex], this is x = 0.86465.

A similar problem is given at https://brainly.com/question/22223588

identify a pair of factors of -35 that has a sum of -2

Answers

Answer:

5, -7

Step-by-step explanation:

Answer:

5 and -7

Step-by-step explanation:

How do you simplify (1/2)^2 ● 1/2 ● (1/2)^3

Answers

Answer:

1 /64

Decimal Form:

0.015625

Can you help with these questions please i would appreciate it

Answers

Answer:

[tex]\boxed{k = \frac{log_{e}(\frac{L +A }{A} )}{t} }[/tex]

Select all intervals in which the function P(t) is decreasing

Answers

Answer:

we conclude that the intervals in which the function P(t) is decreasing are:

x < 13 < x < 4

Step-by-step explanation:

At x< 1, the function P(t) is decreasing

A function p is an increasing function on an open interval if f(y) > f(x) for any two input values x and y in the given interval where y>xA function p is a decreasing function on an open interval if f(y) > f(x) for any two input values x and y in the given interval where y>x

From the figure, it is clear that the function seems to be increasing

from (1, 3) and then 4 to onwards.

But it is clear that the function seems to be decreasing from the x < 1 and from the interval (3, 4).

Therefore, we conclude that the intervals in which the function P(t) is decreasing are:

x < 13 < x < 4

Today, 6 friends went out for lunch. Their total bill was $28.86, including tax and gratuity. They decided to split the bill equally and each paid with a $10 bill. How much money will each person get back?

Answers

Answer:

5.19

Step-by-step explanation:

first do 28.86 / 6 to find out how much each paid. then subtract that number (4.81) from 10

Answer - Every Person should get $5.19

Step-by-step explanation:

what i did is 6 x 10 = 60 then 60 - 28.86 = 31.14 / 6 = 5.19 Your welcome.

To compute a student's Grade Point Average (GPA) for a term, the student's grades for cach course are weighted by the number of credits for the course. Suppose a student had these grades: 3.6 in a 5 credit Math course 2.5 in a 2 credit Music course 3.0 in a 5 credit Chemistry course 3.4 in a 5 credit Journalism course What is the student's GPA for that term? Round to two decimal places. Student's GPA=_________

Answers

Answer:

The student's GPA = 3.24

Step-by-step explanation:

To determine the student's GPA for the term,

First, we will determine the weighted grade points and then divide the result by the total credit.

The weighted grade point is the sum of the grade points in the courses.

Grade point for a course is calculated by multiplying the grade by the course credit.

For the Math course,

Grade point = 3.6 × 5 = 18.0

For the Music course,

Grade point = 2.5 × 2 = 5.0

For the Chemistry course,

Grade point = 3.0 × 5 = 15.0

For the Journalism course,

Grade point = 3.4 × 5 = 17.0

Hence,

The weighted grade point = 18.0 + 5.0 + 15.0 + 17.0

The weighted grade point = 55.0

Total credit = 5 + 2 + 5 + 5 = 17

∴ The student's GPA = 55.0 / 17 = 3.24

Hence, The student's GPA = 3.24

The ratio of girls to boys in the coed soccer league is 3:7. Choose True or
False for each statement.
The ratio of girls to total students in the league is 3:10.
O Truc
False
Next >
Previous

Answers

Answer:

True

Step-by-step explanation:

3:7 is girls to boys, and to find the total, do 7+3. After that, you'd get 10, and the ratio would be 3:10, so TRUE

The length of a rectangle is
4
inches more than
4
times the width. If the area of the rectangle is
168
square inches, find the length and the width.

Answers

Answer:42

Step-by-step explanation:

r−5r−6s+8s−15 what is the answer for this equation

Answers

Step-by-step explanation:

r-5r-6s+8s-15

-4r+2s-15

= 2s-4r-15

The simplified form of the given expression is -4r+2s-15.

The given expression is r-5r-6s+8s-15.

What is an expression?

An expression is a combination of terms that are combined by using mathematical operations such as subtraction, addition, multiplication, and division.

The given expression can be solved as follows:

r-5r-6s+8s-15

= -4r+2s-15

Therefore, the simplified form of the given expression is -4r+2s-15.

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What is a secure line of credit?
a. A line of credit offered only to individuals with excellent credit ratings.
b. A line of credit offered to a business or corporation.
c. A line of credit backed by the government.
d. A line of credit backed by collateral.

Answers

Answer:

D. A line of credit backed by collateral.

Step-by-step explanation:

Answer:

D. A line of credit backed by collateral.

Step-by-step explanation:

did the quiz

Do people who sit for at least 8 hours per day have more health problems than
those who sit for fewer than 8 hours per day?

Is statistical or non-statistical?

Answers

Answer:

Its statistical

Step-by-step explanation:

a shirt was originally marked as $24.95 rings up at the register as 19.96 what is the percent discount on the shirt

Answers

Answer:

The discount is 20% off

hope this helps!

someone plz help me please

Answers

Answer:

16. c)

12. b)

10. c)

2.  a) <- you were right

4. a)

Step-by-step explanation:

16. 10x - 2y = -6

-2y/-2 = (-10x - 6)/-2

y = 5x + 3

12. x + y = -3

y = -x - 3

Answer:

one is C. Two is A. Not sure about third but the 4 one is correctly A. Last one is C. i'm so sorry if this sucked. I really hoped this helped! Sorry if it's wrong :)

Help me
Solve 5n = 35.

Answers

Answer:

n=7

Step-by-step explanation:

7 times 5 equals 35.

Answer:

n=7

Step-by-step explanation:

Give:5n = 35

To solve the n. we need to divide both side by 5.

5n/5=35/5

n=7

X – 6 = -3x^2

Need help!!

Answers

this is answer for your problem

Answer:

x1 = -1-sqr73/6 & x2 = -1+sqrt73/6

Step-by-step explanation:

Give answer please
Water bottles are sold in cases of 24. Select the TWO expressions that can represent the total number of water bottles in c cases
Options:
24 X c,
24 ÷ c,
24 + c,
24 - c,
24c

Answers

24c is the correct answer

Answer:

24c

Step-by-step explanation:

First off, we know what in each case there are 24 bottles. So if we have c crates and want to know the water bottles inside them, we need to multiply 24 by c resulting in 24c or 24 x c.

The cost of an item is $0.30 per ounce. If total cost of the item is $3.60, how many ounces are in the item?

Answers

Answer:

Example 1: - If the item's label displays the weight as 3 lb 2 oz, type the shop name and item's brand, enter 3 in the pounds field, leave the 00 (decimal) value unchanged, enter 2 in the ounces field, leave the 00 (decimal) value unchanged, fill out the Price field and Calculate to get the price per ounce

Answer:

12 ounces

Step-by-step explanation:

3.60 = .3x

divide by .3 on both sides

12 = x

What fraction of an hour is 28 minutes?
Give your answer in its simplest form.

Answers

Answer:

3.57

Step-by-step explanation:

What is the best estimate of 157 divided by 2=

What is the best estimate of 108 divided by 5=

Answers

Answer:

157 divided by 2 is 78.5 round that to get 70

108 divided by 5 is 21.6 round that to get 22

(1 point) How many ways can you give 9 (identical) apples to your 5 favourite Mathematics lecturers (without any restrictions)?

Answers

Answer:

126

Step-by-step explanation:

Total number of apples = 9

Number of favourite Mathematics lecturers = 5

To find number of ways in which 9 (identical) apples can be given to your 5 favourite Mathematics lecturers, find [tex]C(9,5)[/tex]

Combination refer to selection of items such that order does not matter.

Use [tex]C(n,p)=\frac{n!}{p!(n-p)!}[/tex]

Put [tex]n=9,p=5[/tex]

[tex]C(9,5)=\frac{9!}{5!(9-5)!}\\=\frac{9!}{5!4!}\\=\frac{9(8)(7)(6)5!}{5!4!} \\=\frac{9(8)(7)(6)}{4(3)(2)(1)}\\=126[/tex]

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