![ayeeitsenaly4175](/avatars/39657.jpg)
ayeeitsenaly4175
19.03.2020 •
Mathematics
Calculate the account balance and how much interest you think Carlos and clarity should be paid if they withdraw there money 1/2 year from now. Remember that they currently have $382.88 in the account, and they earn 5% annually
Solved
Show answers
More tips
- S Style and Beauty How to Get Rid of Peeling Nails: Natural Remedies...
- F Family and Home What is Most Important in Men s Lives?...
- H Health and Medicine Why Wearing a Back Brace Can Be Beneficial During Back Strain?...
- S Sport When and Where Will the 2014 World Cup be Held?...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- C Computers and Internet How to Learn to Type Fast?...
Answers on questions: Mathematics
- M Mathematics Slope intercept form of the line that passes through (-1,3) and (-2,-3)...
- M Mathematics What are the coordinates of 2x-4y=6 and 3x+y=-5...
- M Mathematics Question 11 of 15 (1 point) 4.4 section exercise 18 use the problem-solving flowchart. twice the sum of a number and two is seventeen less than five times the number. find the...
- M Mathematics 1. create a system of linear equations with no solution. in your final answer, include the system of equations and the graphs of the lines. 2. create a system of linear equations...
- M Mathematics Quadratic function with complex numbers !...
- M Mathematics Ihave 7/8 of a gallon of juice and i give 1/2 away how much would i have left show the work...
- M Mathematics Find the interquartile range (iqr) of the data in the dot plot below. jokers jokers in each of marcie s decks of cards number of jokers...
- M Mathematics 13 points plz find the slope, the y-intercept, and the x-intercept of the line y = 50 – 10x. slope: y-intercept: x-intercept:...
- M Mathematics How many 6 1/4-inch pieces of fabric can be cut from a 75-inch roll?...
- M Mathematics On the middle school baseball team, 8 players are sixth graders. of the players, 40% are sixth graders. how many players are on the team? explain your answer....
Ответ:
Account balance will be = $392.453
Amount of interest = $9.572
Step-by-step explanation:
The interest earned on the money half year from now is 2.5%
Hence Interest earned will be = PRT/100
P = principal = $382.88
R = rate = 2.5% bi-annually
T = 1 year
I= interest = (382.88 x 2.5 x 1)/ 100 = $9.572
Hence account balance will be = 9.572+382.88 = $392.453
Amount of interest = $9.572
Ответ:
The interest it will yield is = $9.57¢
Their account balance after the given period will now be = $392.45¢
Step-by-step explanation:
In order to calculate the amount of interest that would have accrued within the six months and the total amount they will have in their account after the period of 1/2 year, we will have to make use of the simple interest formula:-
Simple interest (S.I) = (Principal × Rate × Time)/100
In this instance, principal = $382.88
Rate = 5%
Time = 1/2 year
Simple interest (S.I) = (382.88 × 5 × 1)/100 × 2
= 1914.4/200
= $9.57¢
Therefore, they would earn an interest of $9.57¢ after the period of 1/2 year (6 months) at the rate of 5% per annum.
The total sum that will now be in their account after the period will be derived by adding the initial sum deposited (the principal) to the interest earned over the period of six (6) months;
That is, $382.88 + $9.57
= $392.45
So, their account balance after the period of 1/2 year (6 months) if they earn at a rate of 5% per annum will now be $392.45
Ответ:
this is the method of elimination and how to do it
Hope this helps :))