Use the simple interest formula.

You deposit $650 in a savings account. How long does it take an account with an annual interest rate of 5% to earn $178.25 in interest? Round your answer to the nearest tenth.

Answers

Answer 1

Answer:

The Answer is 5.5, rounded to the nearest tenth

Step-by-step explanation:

650 x .05 = 32.5

178.25 ÷ 32.5 = 5.48461538462

5.48461538462 rounds to 5.5

Answer 2

It will take 5 years and 6 months to earn $178.25 in interest.

What is the simple interest?

Simple interest is the borrowing amount added only to the principal amount.

The Formula to calculate the simple interest is;

                                                 S.I. = P x T x R / 100,

Where S.I. is simple interest, P is principal amount, T is time period and R is interest rate in a year.

Given:

You deposit $650 in a savings account with an annual interest rate of 5% to earn $178.25 in interest.

That means,

178.25 = 650 x 5 x t/100

t = 17825/3250

t = 5.5

Therefore, it will take 5 years and 6 months.

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Related Questions

Let's say you want to poll a random sample of 150 students on campus to see if they prefer to take online classes. Of course, if you took an actual poll you would only get one number (your sample proportion, p-hat). Imagine all the possible samples of 150 students that you could draw and the distribution of all the possible sample proportions you would get from them.
If I told you that we know that 35% of all students actually prefer to take classes online, how would you respond to the following?:
1. Discuss the conditions necessary to use the normal curve to model this sampling distribution and explain whether or not they are met.
2. If the normal model is appropriate for this distribution, what shape would you expect it to have?
3. If you were to use the normal model for this p-hat sampling distribution, what value would be at the center of your sampling distribution? In other words, what value would all of those sample proportions center around?
4. What would be the standard deviation of this sampling distribution?

Answers

Answer:

1. Since [tex]np \geq 10[/tex] and [tex]n(1-p) \geq 10[/tex], these conditions are met.

2. Approximately normal.

3. 0.35

4. 0.0389

Step-by-step explanation:

Central Limit Theorem:

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex], as long as [tex]np \geq 10[/tex] and [tex]n(1-p) \geq 10[/tex]

Let's say you want to poll a random sample of 150 students on campus to see if they prefer to take online classes.

This means that [tex]n = 150[/tex].

35% of all students actually prefer to take classes online

This means that [tex]p = 0.35[/tex]

1. Discuss the conditions necessary to use the normal curve to model this sampling distribution and explain whether or not they are met.

The conditions necessary are [tex]np \geq 10[/tex] and [tex]n(1-p) \geq 10[/tex].

We have that

[tex]np = 150*0.35 = 52.5 \geq 10[/tex]

[tex]n(1-p) = 150*0.65 = 97.5 \geq 10[/tex]

Since [tex]np \geq 10[/tex] and [tex]n(1-p) \geq 10[/tex], these conditions are met.

2. If the normal model is appropriate for this distribution, what shape would you expect it to have?

By the Central Limit Theorem, approximately normal.

3. If you were to use the normal model for this p-hat sampling distribution, what value would be at the center of your sampling distribution? In other words, what value would all of those sample proportions center around?

The mean, which by the Central Limit Theorem, is [tex]\mu = 0.35[/tex].

4. What would be the standard deviation of this sampling distribution?

By the Central Limit Theorem,

[tex]s = \sqrt{\frac{0.35*0.65}{150}} = 0.0389[/tex]

Pls help extra points and mark brainlist

Answers

7 is the correct answer


because a coefficient is the number next to the variable which is k. And the second term is 7k.

A 2-yard roll of plastic wrap costs $3.36. What is the price per foot?

Answers

Answer:

$0.56 per foot

Step-by-step explanation:

2 yards= 6 feet

3.36/6= 0.56

Answer:

$0.56 per foot

Step-by-step explanation:

1 yd = 3 ft

2 yd = 6 ft

3.36/6 = 0.56

what is 40 x 23 + 70 x 23

Answers

Answer:

40 x 23 + 70 x 23= 2530

Step-by-step explanation:

-6(x - 7)
Help Please

Answers

The answer for -6(x - 7) will be -6x + 42

Answer:

-6x + 42

I distributed the -6

What is the y-intercept of this equation?
y=5x+8

Answers

Answer:

5x+8=13x

Step-by-step explanation:

Answer:

y = 8

Step-by-step explanation:

substitute x = 0

y = 5 × 0 + 8

y = 8

Can anyone please help me? I'm struggling.​

Answers

Answer:

I'm not saying this is right, but I'd try it...

Step-by-step explanation:

Look at the X.

It's positionined by a 5.

There's no h, but we can infer that the line has something to do with it.

Look at the line's points.

Try to find an equation.

please help on this one.

Answers

Answer:

it's A

Step-by-step explanation:

look at the bolded line, it's after 4.4 which would mean z> 4.4

Answer:

A

Step-by-step explanation:

so we have a less than sign, which immediately tells us this going to be going left as 4.4 is greater. and obviously since the number is 4.4, the graph will have targeted that number. Hope this helps!

"Triple a number is 18."
Show all work

Answers

Answer: 6

Step-by-step explanation:

3x = 18

Divide 18 by 3

x = 6

The answer is 6 because you divide 18 by 3 since triple is 3 and you get 6

Please Help Me ASAP.

Answers

Answer:

Parallel lines ALWAYS have the same slope

Step-by-step explanation:

The equations have unequal slopes, meaning they aren't parallel.

What's the answer 1/5 divided by 4

Answers

Answer:

1/20

Step-by-step explanation:

1/5 divided by four is 1/20

5x4=20

Answer:

1/20

Step-by-step explanation:

1/5 / 4

cross multiply but first write 4/1

4 * 5 IS 20

1* 1 = 1

1/20


please i’ve been stuck on this for days i need help

Answers

Answer:

x=12, y=9, z=7, w=3

Step-by-step explanation:

Evan is signing up for a gym membership with a one-time fee to join and then a monthly fee to remain a member. The total cost of the gym membership over tt months is given by the equation C=40t+125.C=40t+125. What is the slope of the equation and what is its interpretation in the context of the problem?

Answers

Answer:

the slope of the function is 40 which represents the monthly fee to remain a mrmber.

Step-by-step explanation:

THE SLOPE IS THE COEFFICIENT OF THE INDEPENDENT VARIABLE

C= 40t + 125

how many seconds in 3 hours and 26 seconds​

Answers

Answer:

10826

Step-by-step explanation:

Answer:

1 hour = 60× 60= 3,600 seconds

3 hour = 3600 ×3=10,800 second

So, 3 hours 26 seconds = 10,800+26

= 10,826 second (Answer )

Your bill at a restaurant was for $36. You want to leave a 15 % tip. What would the tip amount be?
$5.40
$6.20
$4.17
$2.40

Help please

Answers

The answer is $2.40.

36/15= 2.4
The anwser is actually $5.40

Alex wants to buy a house in 5 years. If he puts $3245 in an account at 7.35% compounded annually for 5 years. How much money will he have for a down payment on his house?

Answers

Answer: 32.78

Step-by-step explanation:

Help&EXPLAIN

Don’t use for points or I’ll take it back and report

Answers

Answer:

132

Step-by-step explanation:

a straight line is 180% , so if the other triangle has a 48% we would subtract 180% by 48%.

Answer:

132

Step-by-step explanation:

Since those two angles are linear, they would form to make 180 degrees. So 180-48 is 132.

Which of the binomials below is a factor of this trinomial?
3x2 + 19x+6
O A. 3x + 1
O B. 3x - 1
O C. 3x+6
O D. 3x-6

Answers

Answer:

ccccccc.

Step-by-step explanation:

c.cccccccc.ccccccccccccccccccccc

Which value is a solution of the inequality 9 >_ 1/2x
18
20
24
36

Answers

the first one (18) is the answer

The volume of this cube is 1 ft. What is its surface area? A 6 ft. B 1 ft? C 26 ft? D 10 ft?​

Answers

Answer:

A

Step-by-step explanation:

The surface area of the cube is 6 ft².

What is a cube?

It is a polygon having six faces.

The volume of a cube is side³.

We have,

Volume = 1 ft³

The surface area of the cube = 6a²

Now,

Volume = 1 ft³

This means,

Side = 1 ft

a = 1 ft

So,

The surface area of the cube.

= 6a²

= 6 x 1²

= 6 ft²

Thus,

The surface area of the cube is 6 ft².

Learn more about cubes here:

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Answers

Answer:

k

Step-by-step explanation:

can i have branliest answer for no reason and god bless u

Answer:

period

Step-by-step explanation:

simplify (-4 - 3n) x -8

Answers

-4x-3nx-8 I think is the answer

Given that ABCD is a rhombus, what is the value of x?
B
с
(Ax-25)
O A. 29
O B. 23
O C. 46
OD. 38
O E. 45
F. Cannot be determined

Answers

Answer:

D

Step-by-step explanation:

i did the test

Answer:

I think it is B. 23

Step-by-step explanation:

Tony drives 2 times the hours that Monique does. Tony and Monique drive for a total of 12 hours.
How long did each person drive?

Answers

Answer:

so the answer would be he drives 8 hrs she drives 4 which equals 12

Step-by-step explanation:12 divided by 2 is six so then u take away 2 from moniques hrs and add them to tonys and u get 8 for him and 4 for her

A local pizza shop sells pizza by the slice at a price of $1.25 per each slice. The table below represents how much it would cost for different amounts of slices. What is the SLOPE of this table?

Slices (x) Total Cost (y)
0 slices $0
1 slice $1.25
2 slices $2.50
4 Slices $5
6 slices $7.50
8 slices $10

Answers

Can you put a picture

Is an egg a fruit or a vegetable?

Answers

Answer:

fruit

Step-by-step explanation:

can you help me with my question Complete the following sentence: After we explained why we needed her in the play, she and joined our rehearsal A quaffed B. acquiesced C vengeance D. wreaked

If f(x)=47x-55, then f(f^-1(x))=?

Answers

I would help I just don’t understand

Nhich describes the slope of a horizontal line?
a. positive
b. negative
d. undefined
C. Zero

Answers

Step-by-step explanation:

c.

The slope of a line is change in Y / change in X. The slope of a horizontal line = 0, not undefined. The slope of a vertical line = undefined.

50 PTS! PLEASE HELP me OUT!

Answers

Answer:

my thing is being weird so i cant really help. lo siento

i am bord

Step-by-step explanation:

Guys I need help. How do I solve 3/4 + 5/8 + 2/3 - 1/6 ?

Answers

Answer:

15/8

Step-by-step explanation:

Literally find the common denomiator. That's the first step for any of these computational fraction problems.

Here are the following denomiators: 4,8,3,6. You notice that 24 is a multiple of all the numbers. Thus, our common denomiator is 24. Next we change each fraction based on our new denomiator

3/4 = 18/24

5/8 = 15/24

2/3 = 16/24

1/6 = 4/24

Now we do basic computation

18/24 + 15/24 + 16/24 - 4/24 = 45/24 = 15/8

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