Nathan has $40 in a savings account. The interest rate is 5% per year and is not
compounded. How much interest will he earn in 1 year?
Use the formulai = prt, where / is the interest earned, p is the principal (starting amount),
is the interest rate expressed as a decimal, and is the time in years.
Submit

Answers

Answer 1

Money with Nathan in his savings account = $40

Rate of interest per annum = 5%

We know that :

[tex]\color{hotpink}\tt \: simple \: interest \color{plum}= \frac{principal \times rate \times time}{100} [/tex]

In this case :

Principal = $40

Rate = 5%

Time = 1 year

Simple interest he will earn in 1 year :

[tex] =\tt \frac{40 \times 5 \times 1}{100} [/tex]

[tex] = \tt \frac{200}{100} [/tex]

[tex]\color{plum} =\tt\$ \: 2[/tex]

Amount = Principal + Interest

Amount Nathan has to pay at the end of one year :

[tex] = \tt40 + 2[/tex]

[tex]\color{plum} =\tt \$42[/tex]

Thus, at the end of 1 year Nathan has to pay $42.

Therefore, simple interest Nathan will earn in 1 year = $2


Related Questions

find the sample standard deviation

Answers

Answer:

Step 1: Calculate the mean of the data—this is xˉx, with, \bar, on top in the formula.

Step 2: Subtract the mean from each data point. ...

Step 3: Square each deviation to make it positive.

Step 4: Add the squared deviations together.

Step 5: Divide the sum by one less than the number of data points in the sample.

Step-by-step explanation:

X-4/x-3 is less than 2x-1/2

Answers

Answer:

yes

Step-by-step explanation:

yes

Do you mean x-(4/x)-3, or (x-4)/(x-3), or x-(4/(x-3)), or ((x-4)/x)-3, or something else?

2. ABCD is a square and P, Q are the midpoints of BC, CD respectively. If AP = a and AQ = b, find in terms of a and b, the directed line segments (i) AB, (ii) AD, (iii) BD and (iv) AC.

Answers

Answer:

The answer is below.

Step-by-step explanation:

A square is a quadrilateral (has four sides and four angles) in which all the sides are equal. Also all the angle of a square are equal and measure 90°. The diagonals of a square are equal.

In square ABCD:

AB = BC = CD = AC

Given that  P, Q are the midpoints of BC, CD respectively. If AP = a and AQ = b.

a) In triangle ABP:

BC = AB (all sides of a triangle are equal)

BP = 1/2 (BC) = 1/2(AB) = 0.5AB

Using Pythagoras theorem:

AB² + BP² = AP²

substituting:

AB² + (0.5AB)² = a²

AB² + 0.25AB² = a²

1.25AB² = a²

AB² = a² / 1.25

AB² = 0.8a²

AB = √(0.8a²)

AB = a√0.8

b) In triangle ADQ:

AD = CD (all sides of a triangle are equal)

DQ = 1/2 (CD) = 1/2(AD) = 0.5AD

Using Pythagoras theorem:

AD² + DQ² = AQ²

substituting:

AD² + (0.5AD)² = b²

AD² + 0.25AD² = b²

1.25AD² = b²

AD² = b² / 1.25

AD² = 0.8b²

AD = √(0.8b²)

AD = b√0.8

c) In triangle ABD, Using Pythagoras theorem:

AB² + AD² = BD²

Substituting:

0.8a² + 0.8b² = BD²

But AB = AD (all sides of a triangle are equal). Hence AB = AD = 0.8a² = 0.8b²

BD = √(0.8a² + 0.8b²)

BD = √(1.6a²)     0.8a² = 0.8b²

BD = a√1.6

D) AC = AD (diagonal are equal)

AC = √(0.8a² + 0.8b²)

AC = √(1.6b²)     0.8a² = 0.8b²

AC = b√1.6

Which of the following is an example of an irrational number? Question 5 options: A) 3∕4 B) C) D) 74∕99

Answers

Answer:

happy to help, but c and d are not included in your question

helppp!! For the given solid figure, find the value of the variable.

Answers

9514 1404 393

Answer:

  10 cm

Step-by-step explanation:

The diameter of the cylinder is 6 cm, so the length designated 'c' is the hypotenuse of a right triangle with legs 6 cm and 8 cm.

The Pythagorean theorem tells you the hypotenuse is ...

  c^2 = (6 cm)^2 + (8 cm)^2 = 100 cm^2

  c = √(100 cm^2) = 10 cm

The value of c is 10 cm.

_____

You may recognize these numbers as double those of a 3-4-5 right triangle.

A submarine was situated 832 feet below sea level. If it descends 289 feet, what is its new position?

Answers

It's new position is 1121 feet below sea level.

(In this problem u are descending into a negative value so it made sense for me to add for some reason).

Hope this helps and have a good day.

Also, as proof I included my calculator showing the logic behind it. Sorry for bad Camera quality.

-R3TR0 Z3R0


the equations are
A. y=5/3 x -5
B. y=3/5 x -5
C. y=5/3 x +5
D. y=3/5 x +5

Answers

Y₁= 5
Y₂ = 10

X₁ = 6
X₂ = 9

slope = Δy ÷ Δx
slope = 10-5 ÷ 9-6

Slope = ⁵/₃

y-y₁ = m (x-x₁)
y-5 = ⁵/₃ (x-6)

y-5 = ⁵/₃x -10

y = ⁵/₃ x -10 + 5

y= 5/3 x - 5

Option A

Answer:

A

Step-by-step explanation:

Lester's Cafe offers two kinds of espresso: single-shot and double-shot. Yesterday afternoon, the cafe sold 100 espressos in all, 40% of which were single-shot. How many single-shot espressos did the cafe sell?

Answers

Answer:

The cafe sold 40 single shot espressos.

Step-by-step explanation:

A nature center has a fish tank in the shape of a rectangular prism. The tank is 10 feet long, 8 ¼ feet wide, and 6 feet tall. The nature center's caretaker filled 80% of the tank with water. What was the volume of the water in the tank, in cubic feet?

Answers

Answer:

Do you know theh answer??

Step-by-step explanation:

Answer:

Step-by-step explanation:

The answer is...

Find the surface area of this rectangular prism: Don't forget to show the unit of measure.

Answers

Answer:

See Explanation

Step-by-step explanation:

The question is incomplete as the attachment of the prism is not given.

From the attachment:

[tex]L =10cm[/tex] -- Length

[tex]W = 4cm[/tex] -- Width

[tex]H=5cm[/tex] -- Height

Required

Determine the volume

So, the volume is:

[tex]Volume = Length * Width (* Height[/tex]

[tex]Volume = 10cm * 4cm * 5cm[/tex]

[tex]Volume = 200cm^3[/tex]

Draw the proble. give me steps. Please​

Answers

Answer:

I cant draw 4 u sry

Answer:

A. c = 3.5h + 15

Step-by-step explanation:

I can't exactly draw the problem BUT I can still help.

C represents the cost altogether but we do not know how much the total cost would be.

So we're paying $15 as a fee, no more from that.

Next, there's another fee that costs $3.50 per hour but since we wouldn't know how long we would use the kayak, hours would represent h.

Now, c = 3.5h + 15.

(In other words, the cost to rent a kayak would be $3.5 PLUS the additonal 15 one time cost.)

MNOP is a trapezoid with bases MN and OP. If MN = 25 and OP = 23, what is the length of the midsegment of MNOP?

Answers

Answer:

24

Step-by-step explanation:

you can get the answer from the attachment

The midsegment of a trapezoid divides the trapezoid into equal parts.

The length of the midsegment of MNOP is 24

The lengths of the base are given as:

[tex]\mathbf{MN = 25}[/tex]

[tex]\mathbf{OP = 23}[/tex]

Let the midsegment be x.

So, we have:

[tex]\mathbf{x=\frac{1}{2}(MN + OP)}[/tex]

Substitute values for MN and OP

[tex]\mathbf{x=\frac{1}{2}(25 + 23)}[/tex]

[tex]\mathbf{x=\frac{1}{2}(48)}[/tex]

[tex]\mathbf{x=24}[/tex]

Hence, the midsegment of MNOP is 24

Read more about midsegments of trapezoids at:

https://brainly.com/question/7511906

the EXACT value of 2÷(0.01)2 is

Answers

The EXACT value of 2÷(0.01)2 is 100.

The question asks that we divide 2 by (0.01)2. Division is a basic mathematical operation. The expression in the question can be rewritten as [tex]\frac{2}{(0.01)2}[/tex].

The first step to take in order to determine the answer is to simplify the denominator. Bracket means to multiply. So, 0.01 would be multiplied by 2. 0.01 x 2 = 0.02. Now that the denominator has been simplified, divide the numerator by the denominator.

2 / 0.02 = 100

A similar question was answered here: https://brainly.com/question/22357901

The EXACT value of 2÷(0.01)2 is 100.

The question asks that we divide 2 by (0.01)2.

Division is a basic mathematical operation.

The expression in the question can be rewritten as : 2/ (0.01)2

now, we get,

The first step to take in order to determine the answer is to simplify the denominator.

Bracket means to multiply.

So, 0.01 would be multiplied by 2.

i.e. 0.01 x 2 = 0.02.

Now that the denominator has been simplified, divide the numerator by the denominator.

we get,

2 / 0.02 = 100

Learn more about the Division here:

brainly.com/question/22357901

#SPJ6

Jonas is buying fencing to surround his garden. If his garden has a perimeter of 36 feet, and fencing costs
$10.00 a yard, how much money will he need for the fencing?

Answers

Answer:

Step-by-step explanation:

$120

-8m – 6(1 - 4m) = -102

Answers

Answer:

Step-by-step explanation:

Here you go mate

Step 1

-8m – 6(1 - 4m) = -102  Question

Step 2

-8m – 6(1 - 4m) = -102  Remove parenthesis

16m-6=-102

Step 3

16m-6=-102  add 6 to sides

16m=-96

Step 4

16m=-96  Divide sides by 16

Answer

m=-6

Hope this helped

Answer:

Step-by-step explanation:

I can help

Step 1

-8m – 6(1 - 4m) = -102  Simplify

Step 2

-8m – 6(1 - 4m) = -102  Add 6 to the sides

16m=−96

Step 3

16m=−96  Divide the sides by 16

Answer

m=-6

Hope this helps

Find GK pls help with this problem

Answers

Answer:

Step-by-step explanation:

IH:GH = 45:30 = 3:2

JK:GK = 36:GK = 3:2

GK = 24

What is the ratio of a:b, knowing that a-b/a+b = 3/5.

Answers

Answer:

4:1

Step-by-step explanation:

[tex]\frac{a-b}{a+b}[/tex] = [tex]\frac{3}{5}[/tex]

4-1 = 3

4+1 = 5

Ana has won a lottery. She was offered two options to receive the award: She can either take it in five installments of $60,000 annually, starting from now; or she can take a lump-sum of $255,000 now. Assuming (a) interest at an annual rate of 5% compounded annually, or (b) interest at an annual rate of 6% compounded continuously, which option should she choose under the consideration of cash value only?
A) If the interest is at the annual rate of 5%, compounded annually, then the present value of the five installments is $______. B) If the interest is at the annual rate of 6%, compounded continuously, then the present value of the five installments is $______.

Answers

Answer:

Results are below.

Step-by-step explanation:

Giving the following information:

She can either take it in five installments of $60,000 annually, starting from now; or she can take a lump-sum of $255,000 now.

First, we determine the value of the 5 installments using a 5% annual compounded rate.

We calculate the future value, and then the present value:

FV= {A*[(1+i)^n-1]}/i

A= annual payments

FV= {60,000*[(1.05^5) - 1]} / 0.05

FV= $331.537.88

PV= FV/(1+i)^n

PV= $259,768.60

At an annual rate of 5% compounded annually, she should choose the five installments instead of the $255,000.

Now, if the annual rate is 6% continuously compounded.

First, we need to calculate the effective interest rate:

r= e^i - 1

r= effective inerest rate

r= e^0.06 - 1

r= 0.0618

FV= {60,000*[(1.0618^5) - 1]} / 0.0618

FV= 339,443.23

PV= 339,443.23/1.0618^5

PV= $251,509.01

At an annual rate of 6% compounded continuously, she should choose the $255,000.

The enrollment of students in evening classes at a local university decreased by 6% between two recent years. If the total number of students attending evening classes in both years was 13,925 , find how many students enrolled in evening classes in each of the years.

Answers

Answer:

First year: 13925; Second year: 13090

I need help with this

look at picture

Complementary angles

Answers

Answer:

77

Step-by-step explanation:

48 + (x-35) = 90

x-35 = 90-48

x-35 = 42

x = 42+35

x = 77

Select the algebraic expression for the word expression.

24 less than h

24 - h
24 - h

h - 24
h - 24

24 ÷ h
24 ÷ h

h

Answers

Step-by-step explanation:

The Answer Is 24 - h

As, 24 Is Less Than "h"

Help me plssssssssssss

Answers

Answer:

6

Step-by-step explanation:

6 is the answer

Please show work so i know how you got your answer..thank you and have a nice day<3

Answers

Answer:

V=whl=2·2.5·4=20

Step-by-step explanation:

Answer:

2880 feet³

Step-by-step explanation:

since the question is asking for cubic feet we know we're finding volume.

v=l·w·b

v=4·24·30

=2880

6(x - 1) = 6x - 1
what’s the answer ^^

Answers

Answer:

this is an identity which is true for all x values

Step-by-step explanation:

Perform the indicated multiplication.  We get:

6x - 1 = 6x -1

and see that this is an identity which is true for all x values.

Please help I need this answer!

Answers

Answer: 16

Step-by-step explanation: Good luck! :D

Answer:

It’s 16

Good luck

I honestly lost most of my brain cells Bc of quarantine so I’m glad I figured this out

What is the common ratio of 7, -14, 28, -56

Answers

Answer:

multiplied by -2 I believe

Step-by-step explanation:

Find the measure of each missing angle.​

Answers

9514 1404 393

Answer:

35°145°55°125°55°

Step-by-step explanation:

The right triangles are similar, so angle 1 is congruent to the given angle, and angles 3 and 5 are complements of that.

Angles 2 and 4 are the supplements of angles 1 and 5, respectively.

  ∠1 = 35°

  ∠2 = 180° -35° = 145°

  ∠3 = ∠5 = 90° -35° = 55°

  ∠4 = 180° -55° = 125°

HELP ASAP PLEASE! GIVING AWAY 30 POINTS AND BRAINLIEST!

Answers

Answer:

DB!

Step-by-step explanation:

Question a: 3+3+2+2 = 10 dinners

Question b: 15-30 and 30-45, because most people choose that range.

Hope I helped!

Answer:

a) 10 b) 2-3 dollars

Step-by-step explanation:

a) 3+3+2+2

b) (2+2+3+3)/2 equal 2.5 mean, range between them is 2 to 3

please help and explain , HURRY PLEASE !

Answers

Hiiiiiiiiiiiiii how are youuuuuuuuu

WILL GIVE BRAINLIEST GIVE CORRECT ANSWER

Answers

your answer is correct

Answer:

everything u chose is right

Step-by-step explanation:

50 = 20 + 4h

-20. -20

30/4= 4h/4

7.5 = h

So 50 = 20 + 4(7.5)

50 = 30 + 20

50 = 50

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