How much principal must be deposited to earn $2,179 in simple interest at a rate of 3 2/3% for 60 months

Answers

Answer 1

The principal to be deposited is $ 11874.6594

Solution:

Given is a simple interest problem

Principal = ?

Simple Interest = $ 2179

[tex]Rate = 3\frac{2}{3} \% = \frac{11}{3} \% = 3.67 \%[/tex]

Number of years = 60 months = [tex]\frac{60}{12} = 5 \text{ years }[/tex]

The simple interest is given by formula:

[tex]Simple\ Interest = \frac{p \times n \times r}{100}[/tex]

Where, "p" is the principal and "r" is the rate of interest and "n" is the number of years

[tex]2179 = \frac{p \times 3.67 \times 5}{100}\\\\217900 = 18.35p\\\\p = \frac{217900}{18.35}\\\\p = 11874.6594[/tex]

Thus the principal to be deposited is $ 11874.6594


Related Questions

Two cars got an oil change at the same auto shop. The shop charges customers for each quart of oil plus a flat fee for labor. The oil change for one car required 5 quarts of oil and cost $24.80. The oil change for the other car required 7 quarts of oil and cost $29.30. How much is the labor fee and how much is each quart of oil?

Answers

The labor fee is $13.55 and each quart of oil is $2.25

Step-by-step explanation:

Let,

x be the amount of each quart of oil

y be the amount of labor fee

According to given statement;

5x+y=24.80        Eqn 1

7x+y=29.30        Eqn 2

Subtracting Eqn 1 from Eqn 2

[tex](7x+y)-(5x+y)=29.30-24.80\\7x+y-5x-y=4.50\\2x=4.50[/tex]

Dividing both sides by 2

[tex]\frac{2x}{2}=\frac{4.50}{2}\\x=2.25[/tex]

Putting x=2.25 in Eqn 1

[tex]5(2.25)+y=24.80\\11.25+y=24.80\\y=24.80-11.25\\y=13.55[/tex]

The labor fee is $13.55 and each quart of oil is $2.25

Keywords: linear equation, subtraction

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Stefan sells Jin a bicycle for ​$140 and a helmet for ​$16. The total cost for Jin is 130​% of what Stefan spent originally to buy the bike and helmet. How much did Stefan spend​ originally? How much money did he make by selling the bicycle and helmet to​ Jin?

Answers

Final answer:

Stefan spent $120 originally to buy the bike and helmet and made $36 by selling them to Jin.

Explanation:

To find out how much Stefan spent originally, we need to divide the total cost for Jin by 130%.

Let's call the original amount x.

Jin's total cost is 130% of x, which can be expressed as 1.3x.

We know that the total cost for Jin is $140 for the bike + $16 for the helmet = $156.

So we have the equation 1.3x = $156. To solve for x, divide both sides of the equation by 1.3. x = $156 / 1.3 = $120.

Therefore, Stefan spent $120 originally to buy the bike and helmet.

To find out how much money Stefan made by selling the bike and helmet, we subtract the original amount spent from the total cost for Jin.

Money made = $156 - $120 = $36.

4/5 is greater than less then or equal to 1/2

Answers

Greater Than!

First make the denominator (the bottom number) the same for both fractions. So you can multiply the 1/2 by 5 and the 4/5 by 2.

This will make them 5/10 and 8/10.

Then, you see that 8/10 (4/5) is greater than 5/10 (1/2)

Hope that’s makes sense! :)

Final answer:

The fraction 4/5 is greater than 1/2. This conclusion can be reached by converting the fractions to decimal form, where 4/5 becomes 0.8 and 1/2 becomes 0.5, highlighting that 0.8 is indeed greater than 0.5.

Explanation:

The question is whether the fractional value of 4/5 is greater than, less than, or equal to 1/2. To compare these fractions, it may be helpful to first convert them to decimal form, as this is often easier to understand than comparing fractions directly. 4/5 as a decimal is 0.8 and 1/2 as a decimal is 0.5. Hence, 0.8 is greater than 0.5. Therefore, 4/5 is greater than 1/2.

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what is 1 1/2 divided by 3/4

Answers

The answer to this one would be 2.

Answer: 2

Step-by-step explanation:

1 1/2 divided 3/4

First make all a fraction

3/2 divided 3/4

3/2*4/3 inverted

2

sahil is putting together supply kits and has 36 packs of x pencil, 12 packs of y crayons, and 24 erasers. Write an expression to show the total number of items.

Answers

Add all the numbers together so like this 36+x+12+y+24=??? Try the rest on your own

Answer:

36x + 12y + 24 = T

Step-by-step explanation:

If Sahil has 36 packs of x pencils, then x would equal the number of pencils in each pack. Same thing goes for y. 12 packs of y pencils and y will be the number of crayons in each pack.

36(x) = Total number of pencils.

12(y) = Total number of crayons.

24 = The numbers of erasers which is given.

36x + 12y + 24 = Total numbers of items.

Please help me with these answers!!!

Answers

Answer:

Step-by-step explanation:

5) D  2000/200 = 10

6) C 90/9 = 10

7) B 80/8 = 10

8) A)   10 times 2 =10*2 = 20

what fractions are less than and greater than 1/2

Answers

Answer:

Less than:  1/4, 1/8, 1/16,...

Greater than: 5/8, 3/4, 1,...

Hope this helps :)

what is the equation of the line that passes through (1,5) and (-2,14) in slope intercept form

Answers

Answer: y = -3x + 8

Step-by-step explanation:

The formula for finding equation of line when two points are given is :

[tex]\frac{y-y_{1}}{x-x_{1}}[/tex] = [tex]\frac{y_{2}-y_{1}}{x_{2}-x_{1}}[/tex]

[tex]x_{1}[/tex] = 1

[tex]x_{2}[/tex] = -2

[tex]y_{1}[/tex] = 5

[tex]y_{2}[/tex] = 14

Substituting the values , we have

[tex]\frac{y-5}{x-1}[/tex] = [tex]\frac{14-5}{-2-1}[/tex]

[tex]\frac{y-5}{x-1}[/tex] = [tex]\frac{9}{-3}[/tex]

[tex]\frac{y-5}{x-1}[/tex] = [tex]\frac{-3}{1}[/tex]

y-5 = -3(x-1)

y -5 = -3x + 3

writing the equation in slope - intercept form , we will make y the subject of the formula:

y = -3x + 3 + 5

y = -3x + 8

Write the equation of a line that contains (2,-4) and that is perpendicular to y=2/3x+2

Answers

Answer:

y = - [tex]\frac{3}{2}[/tex] x - 1

Step-by-step explanation:

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

y = [tex]\frac{2}{3}[/tex] x + 2 ← is in slope- intercept form

with slope m = [tex]\frac{2}{3}[/tex]

Given a line with slope m then the slope of a line perpendicular to it is

[tex]m_{perpendicular}[/tex] = - [tex]\frac{1}{m}[/tex] = - [tex]\frac{1}{\frac{2}{3} }[/tex] = - [tex]\frac{3}{2}[/tex], thus

y = - [tex]\frac{3}{2}[/tex] x + c ← is the partial equation

To find c substitute (2, - 4) into the partial equation

- 4 = - 3 + c ⇒ c = - 4 + 3 = - 1

y = - [tex]\frac{3}{2}[/tex] x - 1 ← equation of perpendicular line

When 238 is divided by the natural number n, the quotient is 3 more than n, and there is no remainder. What is n?

Answers

Answer:

n = 14

Step-by-step explanation:

Write the equation in algebraic (numbers and symbols) form

[tex]\frac{238}{n}[/tex] = n + 3              Rearrange the equation

[tex]n\frac{238}{n}[/tex] = n(n + 3)           Multiply both sides by 'n'

238 = n(n + 3)          On the left, multiplying and dividing by 'n' cancels out

238 = n² + 3n           Distributed right side

0 = n² + 3n - 238        Rearranged to standard form for quadratic equations

Remember standard form for quadratic equations is: ax² + bx + c = 0

State the variables a, b and c:

a = 1; b = 3; c = -238

When a quadratic equation is in standard form, you can use the quadratic formula to solve for 'n'. (Usually, you see the variable 'x', but the quadratic formula can solve for 'n' as if it is 'x', as long as it's in standard form.)

[tex]n = \frac{-b±\sqrt{b^{2}-4ac}}{2a}[/tex]  (ignore the Â, it's a formatting error)

[tex]n = \frac{-(3)±\sqrt{(3)^{2}-4(1)(-238)}}{2(1)}[/tex]  Substitute the values for 'a', 'b' and 'c' from the equation

[tex]n = \frac{-3±\sqrt{9-(-952)}}{2}[/tex]     In the root, two negatives make a positive

[tex]n = \frac{-3±\sqrt{9+952}}{2}[/tex]     Add inside the root

[tex]n = \frac{-3±\sqrt{961}}{2}[/tex]       Find the square root of 961

[tex]n = \frac{-3±{31}{2}[/tex]     Split the equation at the ±

Split for adding:

[tex]n = \frac{-3+31}{2}[/tex]    Simplify

n = 14

Split for subtracting:

[tex]n = \frac{-3-31}{2}[/tex]      Simplify

n = -17

You get the answers 14 and -17 for 'n'. Decide which one is 'inadmissible', meaning it can't be right even if it solves the equation.

The problem says 'n' is a natural number. Natural numbers are all non-partial numbers count up from 1. (Non-partial means as a fraction, they are reduced to a number over 1). Since -17 is less than 1, it is inadmissible because it is not a natural number.

Therefore, 'n' is 14.

the sum of the 5th term of the 7th term of an ap is 52 and the 10th term is 46 find the AP​

Answers

Answer:

The AP is, 1 , 6, 11, 16, 21, 26, 31, .....................

Step-by-step explanation:

From the question;

Sum of fifth term and 7th term is 52 That is; 5th term + 7th term = 5210th term is 46

We are required to find the AP;

We need to know that in an AP ;

nth term = a + (n-1) d , where a is the first term and d is the common difference

Therefore, In this case;

5th term = a + 4d

7th term = a + 6d

Therefore;

5th term + 7th term = 2a + 10d = 52  ..........eqn 1

10th term = a + 9d

Thus, a + 9d = 46 ............. eqn 2We can solve eqn 1 and eqn 2 simultaneously to get the value of a and d

2a + 10d = 52

a + 9d = 46

Multiplying the second equation by 2, we get;

2a + 10d = 52

2a + 18d = 92

Eliminating a by subtracting the two equations; we get;

-8d = -40

   d = 5

Solving for a

a + 9d = 46

   a = 46 - 9d

      = 46 - 9(5)

      = 46 - 45

   a  = 1

Thus, the first term, a= 1 and the common difference, d= 5

Therefore;

First term = a = 1

Second term = a + d = 1 + 5 = 6

Third term = a + 2d = 1 + 2(5) = 11

Fourth term = a + 3d = 1 + 3(5) =16

Fifth term = a + 4d = 1 + 4(5) = 21

Sixth term = 1 + 5d = 1 + 5(5) = 26

Seventh term = 1 + 6d = 1 + 6(5) = 31

Thus,

The AP is, 1 , 6, 11, 16, 21, 26, 31, .....................

A submarine hovers at 66 and two-thirds yards below sea level. If it ascends 24 and StartFraction 1 over 8 EndFraction yards and then descends 78 and three-fourths yards, what is the submarine’s new position, in yards, with respect to sea level? Negative 169 and StartFraction 13 over 24 EndFraction Negative 121 and StartFraction 7 over 24 EndFraction Negative 12 and StartFraction 1 over 24 EndFraction 12 and StartFraction 1 over 24 EndFraction

Answers

A submarine hovers at 66 and 2/3 yards below sea level. If it ascends 24 and 1/8 yards and then descends again 78 and 3/4 yards, what is the submarine’s new position, in yards, below sea level?

Answer:

The submarine's new position is [tex]-121\frac{7}{24}\text{ yards}[/tex] below sea level.

Solution:

Given that a submarine hovers at [tex]66\frac{2}{3}[/tex] yards below sea level. This means that the position of submarine is negative

Therefore, we get [tex]-66\frac{2}{3}[/tex]

Also given that it ascend [tex]24\frac{1}{8}[/tex] yards

So we have to add [tex]-66\frac{2}{3}[/tex] and [tex]24\frac{1}{8}[/tex]

[tex]\rightarrow -66\frac{2}{3} + 24\frac{1}{8}\\\\\text{Convert mixed fractions to improper fractions }\\\\\rightarrow -\frac{66 \times 3+2}{3} + \frac{24 \times 8+1}{8} = \frac{-200}{3} + \frac{193}{8}\\\\\rightarrow \frac{-200 \times 8}{3 \times 8} + \frac{193 \times 3}{8 \times 3}\\\\\text{Simplify the above expression }\\\\\rightarrow \frac{-1600}{24} + \frac{579}{24} = \frac{-1021}{24}[/tex]

The submarine descends again 78 and 3/4 yards

This means we need to subtract [tex]-78\frac{3}{4}\text{ yards from } -\frac{1021}{24}\text{ yards}[/tex]

[tex]\rightarrow \frac{-1021}{24} -(78\frac{3}{4})\\\\\rightarrow \frac{-1021}{24} - \frac{78 \times 4 + 3}{4}\\\\\rightarrow \frac{-1021}{24} - \frac{315}{4} = \frac{-1021}{24} - \frac{315 \times 6}{4 \times 6}\\\\\rightarrow \frac{-1021 -1890}{24} = \frac{-2911}{24}\\\\\text{Simplify the expression }\\\\\rightarrow \frac{-2911}{24} = -121\frac{7}{24}[/tex]

Therefore, the submarine's new position is [tex]-121\frac{7}{24}\text{ yards}[/tex] below sea level.

Answer:

The answer-121 and 7/24

Hope this helps

:D

If I'm wrong sorry

And sorry that I'm super late

A total of $30,000 is invested in two corporate bonds that pay 5.5% and 6.25% simple interest. the investor wants an annual interest income of %1800 from the investments. what is the most that can be invested in the 5,5% bond?

Answers

Answer:

  $10,000

Step-by-step explanation:

Let x represent the amount invested in the 5.5% bond.

For an annual income of $1800, we want ...

  (5.5%)x + (6.25%)(30,000-x) = 1800

  (-0.75%)x + 1875 = 1800

  -0.0075x = -75 . . . . . . . . . subtract 1875

  x = 10,000 . . . . . . . . . . . . . divide by -0.0075

At most $10,000 should be invested at 5.5% to obtain at least $1800 in interest.

How do we solve for “p”, when
P= 75 + 45h

Answers

Answer:

See below.

Step-by-step explanation:

The equation is already solved for p.

p = 75 + 45h

Final answer:

To solve for the fluid density 'p', use the hydrostatic pressure formula P = pgh. By rearranging the formula to p = P / (gh) and inputting the known values for P (atmospheric pressure) and h (height of the water column), the density can be calculated.

Explanation:

To solve for density 'p' when given the equation P = 75 + 45h, where P represents atmospheric pressure and h is the height of a column of fluid, we need to incorporate the concept of hydrostatic pressure. The formula for hydrostatic pressure is P = pgh, where 'p' is the fluid density, 'g' is the acceleration due to gravity, and 'h' is the height of the fluid column. If we know the value of 'P' and the value of 'h', we can isolate 'p' by rearranging the equation to p = P / (gh). This calculation assumes that 'g', the acceleration due to gravity, is a known constant.

Let's assume 'P' is given as 1.00 atm (standard atmospheric pressure) for a water column which is the fluid we're working with. The density 'p' of water that creates this pressure can be calculated by inserting the known values into the expression for 'h'. For instance, if 'h' is 10 meters, the equation would be p = 1.00 atm / (9.81 m/s² × 10 m). To get 'p' in appropriate units, we would convert atm to pascals, and the result will provide the density in kg/m³.

If Damian is able to read 80 pages in 2 hours how long does it take for him to reach each page

Answers

Answer:

Step-by-step explanation:

If he reads 80 pages in 2 hours, that means he reads 80 pages in 120 minutes. 80 pages/120 minutes simplifies to 2 pages/3 minutes. It also means it takes him 1 and a half minutes to read each page.

Read the pic boiiiiiiiiiiiiiiiii

Answers

Answer:

a is the answer or 320 ft

Step-by-step explanation:

95*65=6175 ft^ for area

95+95+65+65=320 ft

YOU WILL BRAINLIST ALSO 47 POINTS!!!
1. It takes 1 banana and 3 scoops of ice cream to make a banana split. If an ice cream shop scooped 42 scoops of ice cream into banana splits, how many bananas did they use? [Type your answer as a number.]
a0 bananas ___

2. At an amusement park, Corey spends 7 minutes on a ride for every 20 minutes he spends waiting in lines. If he waits in line for 60 minutes, how many minutes does he spend on rides? [Type your answer as a number.]
a0 minutes __

3. A zoo has 3 mammals for every 5 reptiles. If the zoo has 72 mammals, how many reptiles does it have? [Type your answer as a number.] __

Answers

Answer:

Please Mark Brainliest!

Step-by-step explanation:

i think it would be 14 bananas if u take 3 divided by 42

hope that is right.

he rides for 7 min and waits in line for 20 min, if he was to wait in line for 60 min then he would ride for 21 min, if you divide 20/60 then you'll get 3. Multiply the 7 with that 3 and you'll get "21".

120

25. Belle had the choice of taking out a 4-year car loan at
8.5% simple interest or a 5-year car loan at 7.75%
simple interest. If she borrows $15,000, how much
interest would she pay for each loan? Which option
will require less interest?

Answers

Answer:

the first loan is cheaper

Step-by-step explanation:

convert percent values to decimals

8.5/100=.085

7.75/100=.0775

find the value for the first loan

1550*.085*4=527

find the value for the first loan

1550*.0775*5=600.625

compare

Final answer:

Belle would pay $5100 in interest for the 4-year loan at 8.5% and $5812.50 for the 5-year loan at 7.75%. Therefore, less interest would be paid with the 4-year loan.

Explanation:

To calculate the simple interest, we use the formula I = P*R*T, where P is the principal amount, R is the interest rate, and T is the time in years.

For the 4-year loan at 8.5%, interest would be: I = $15,000 * 8.5/100 * 4 = $5100

For the 5-year loan at 7.75%, interest would be: I = $15,000 * 7.75/100 * 5 = $5,812.50.

So, the 4-year loan at 8.5% will require less interest payment.

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when Elena 's car moves forward such that each tire make one full rotation ,the car has traveled 72 inches .how many full rotations will the tire need to make for Elena's car to travel 10 yards

Answers

It will take 5 full rotations for Elena's car to travel ten yards

explanation: 10 yards=30 feet, and there are 12 inches in one foot. multiply 30 by 12. once you do that, you get 360. next, divide 360 by the 72 inches in each full rotation. 360/72=5. so the answer is 5 full rotations

Hey yall It's been a while Wassup but da question is : What term best describes 3x+5 . If u dont know da answer dont waste my time typin junk dat dont make sense

Answers

Hi. Your answer would be 5/3. This is because 3x+5=0, you’d move -5 on both sides, divide 3 on both sides, and get x=5/3. Hope this helps!

what is 9/20 times 4/5 in simplest form ?

Answers

Answer:

0.36 or [tex]\frac{9}{25}[/tex]

Step-by-step explanation:

9/20=.45

4/5=.8

Answer: .36

Mary just got a new job at Justice. She makes $10 an hour plus 4% commission on her sales. If she worked 6 hours
on Saturday and did $350 in sales how much did she make for the day?

Answers

Answer:
$74

Explanation:
10•6+350•1,04= 60+ 14=$74

Answer: $74

Step-by-step explanation:

cost for an hour = $10

since she worked for 6 hours , this means that she made $(6x10) = $60

Also , she made 4% commission on her sale and she sold $350 , this means that she made 4% of 350 =$14

Therefore: she made $ 60 + $14 for the day. Thai is , she made $74 for the day

What is 2,731 divided by 31 with a remainder

Answers

Answer:?

Step-by-step explanation:

not sure..

I will mark free Brainlyest and free point if answered correctly.


How good is Pizza to you? And what is 8/2?

Answers

Answer:

Pizza is pretty good tbh. Also the answer is 4.

Answer:

Pizza is great

Step-by-step explanation:

And 8/2 is 4. Pls mark brainliest thx! :)

Please help! Also, show work, please!

Answers

if each person had to run 1/25 of a mile then you would need to have 5 people per team. it takes 5/25 to equal 1/5. So your answer is 5!!

Hope this helps! :)

Simplify: 18³×18²×18³

Answers

18 to the 8th power

Answer:

18 to the 8th power

Step-by-step explanation:

18 + 2 + 3 + 3

round 7,834 to the nearest hundred​

Answers

Answer:

7,800

Step-by-step explanation:

Because the 3 goes down.

What is 321 in standard and expanded form

Answers

Answer:

321 300 20 1

Step-by-step explanation:

In written for: Three hundred twenty-one

Expanded form: 300 + 20 + 1

Standard form: 321

Fraction form: 321/1

Decimal form: 321.00

Write 6,219 in expanded
form.

Answers

Answer: 6000+200+10+9

Step-by-step explanation:

The ones place multiplies by 1 so 9*1=9

The tens place multiplies by 10 so 10*1=10

The hundreds place multiply by 100 so 100+2=100

The thousands place multiply by 1000 so 1000*6=6000

Hope This Helps!!!

6000+200+10+9=6219 expanded

The width of a photograph is 4 centimeters more than three tenths of the length. If the width is 13 centimeters, what’s the length?

Answers

Answer:

30 centimeters

Step-by-step explanation:

since the width is 4 centimeters more than 3/10 of the length, then 13 is 4 centimeters more than 3/10 of the length. 4 less than 13 is 9, so nine is 3/10 of the length. if 9 is 3/10, then 3 is 1/10 because 3/10 is three times 1/10. If 3 is 1/10, that means that 30 is the length because 1/10 multiplied by 10 is 10 tenths, or 1.

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The cost of the merchandise was $1,900. 10 Purchased merchandise on account for $9,050. 13 Purchased equipment for cash, $900. 16 Paid the entire amount due to the Strong Company. 18 Received $4,000 from customers on account. 20 Paid $900 to the owner of the building for Januarys rent. 30 Paid employees $2,100 for salaries and wages for the month of January. 31 Paid a cash dividend of $900 to shareholders. Required: 1, Prepare general journal entries to record each transaction. 2, Post the transactions into the appropriate T-accounts. 3,Prepare an unadjusted trial balance as of January 31, 2016. how and why did federal policy toward indian peoples change in the decades following the civil war An example of slavery, according to Anti-Slavery International, is: factories employing adults at a salary level. factories using child labor. children attending school. children playing with friends. The provider notes that the client's hemaglobin is 8.2g/dL. Which of the following supplements will the provider recommend to the client?-Ferrous sulfate-Magnesium oxide-Potassium chloride-Calcium carbonate Keniey, a company that manufactures and supplies home appliances, launches a fully automatic advanced food processor that performs the functions of slicing, chopping, grinding, shredding, grating, pureeing, kneading, mixing, and blending. The product is priced lower than semi-automatic food processors sold by other brands. In the context of innovation streams, which of the following concepts does this scenario best illustrate?A) Change interventionB) UnfreezingC) Incremental changeD) Refreezing A positively charged insulating rod is brought close to an object that is suspended by a string. If the object is repelled away from the rod we can conclude: A) the object is positively charged B) the object is negatively charged C) the object is an insulator D) the object is a conductor E) none of the above Two small charged objects repel each other with a force F when separated by a distance d. If the charge on each object is reduced to one-fourth of its original value and the distance between them is reduced to d/2 the force becomes: A) F/16 B) F/8 C) F/4 D) F/2 E) F Gaggle, Inc., and Chirp Chirp, Inc., have their dispute resolved in arbitration. The arbitrator makes an erroneous finding of fact. This is a ground for a court to review the merits of the award.a. True.b. False. The American Sociological Association is promoting a policy that encourages politicians and policy makers to become more aware of the sociological perspective as a means to analyze and solve social issues. This is referred to as:______________ Steam Workshop Downloader