Mathematics High School

Wally's grandmother started a college savings account for him with
$3,000. What is the total amount of money in the account after 5 years if
the annual simple interest rate is 3%?
I need this plz help explain the proses thx ASAP

Answers

Answer 1

Answer:

$450

Step-by-step explanation:

You want to calculate the interest on $3000 at 3% interest per year after 5 year(s).

The formula we'll use for this is the simple interest formula, or:

Where:

P is the principal amount, $3000.00.

r is the interest rate, 3% per year, or in decimal form, 3/100=0.03.

t is the time involved, 5....year(s) time periods.

So, t is 5....year time periods.

To find the simple interest, we multiply 3000 × 0.03 × 5 to get that:

The interest is: $450.00

Usually now, the interest is added onto the principal to figure some new amount after 5 year(s),

or 3000.00 + 450.00 = 3450.00.

Related Questions

PLEASE HELP THIS IS URGENT!
which number is divisible by both 3 and 9
A. 36,359
B. 36,622
C. 48,618
D. 48,667

Answers

Answer:

48,618 is the answer

Step-by-step explanation:

Jason solved the following equation to find the value for x.


–8.5x – 3.5x = –78


x = 6.5


Describe how Jason can check his answer.

Answers

To check his answer, he would put substitute 6.5 for every x in the equation:

-8.75(6.5) - 3.5(6.5) = -78

-56.875 - 22.75 = -78

-79.625 = -78

Because this isn’t true, his answer is wrong

Sample answer:

Substitute the value for x into the original equation. Simplify using order of operations. If the statement is true, Jason’s solution for x is correct. If the statement is false, Jason’s solution for x is incorrect.

Step-by-step explanation: (My answer)

1) Subtract 8.5 and 3.5, that equals 12.

[tex]8.5x - 3.5x = -78[/tex]

2) Multiply 78 and 12, that equals 6.5 .

[tex]\frac{12x}{12} = \frac{78}{12}[/tex]

3) Check your answer.

[tex]-8.5 (6.5) -3.5 (6.5) = -78[/tex]

Multiply 8.5 and 6.5, that equals 55.25. Next, multiply 3.5 and 6.5, that equals 22.75.Finally, you will need to subtract your answers. Subtract both 55.25 and 22.75.

Once you've done that, the answer you should get is 78.

78 is equal to 78, that is your final answer and it is correct.

HELP PLZ MATH dasfhadfsbahkfa

Answers

9x+3x=180
12x=180
/12 /12

X= 15

The answer is B

A 2-pack of board games cost $7.18. What’s the unit price

Answers

Answer:

$3.59

Step-by-step explanation:

3.59

+ 3.59

= 7.18

The game unit would cost $3.59 hope it helps!!!

if this is a function

Answers

Answer:

function - is a relation for which each value from the set the first components of the ordered pairs

Can some one help me with this

Answers

Answer:

the answer is C the third one 25,500

Step-by-step explanation:

18x + 12- 4

I NEED HELP ASAP

Answers

Answer:

18x+8

Step-by-step explanation:

Subtract 4 from 12

What are two different ways of factoring -2x - 4? Select all that apply.

Answers

Multiple and divide the numbers

help me pleaseeee i’m gonna fail math and leave a step by step of u can

Answers

Answer:

I think it is D.

Step-by-step explanation:

152-43=109

Answer:

C

Step-by-step explanation:

angle DEC=180-152=28

AB//DEF --> angle A=angle DEC = 28 (alternate angle)

angle B=angle D=43

angle DCE=180-43-28=109

angle ACB= angle DCE = 109 (vertical angle)

angle ACD=180-109 = 71

angle BCE-angle ACD = 71 (vertical angle)


What is the slope of the line?

Answers

Answer: I believe it 8/5

Millie makes 24 bracelets in 10 hours. What is her rate? ******rates must have 2 different labels
********almost always, time is a denominator

Answers

Answer:

2.4 bracelets per hour

Step-by-step explanation:

24 bracelet/ 10 hrs

2.4 bracelets per hour

Answer:

2.4 an hour

Step-by-step explanation:

describe how you can find distances using a scale drawing.

Answers

Answer: Calculating the Actual Distance using the Scale

Step-by-step explanation: If the scale is 1 : x, then multiply the map distance by x to calculate the actual distance.

9+10 answer me fast ​

Answers

Answer:

19

Step-by-step explanation:

Answer:

21

Step-by-step explanation:

i want the ans to this ques​

Answers

Answer:

here you go..............

help please!!!!! big assignment grade

Answers

Answer:

A

Step-by-step explanation:

Which equation is the slope-intercept form of the line that passes through (1, 2) and is parallel to the graph of y= 8/3x

A. y=8/3-2

B. y=8/3x- 2/3

C. y=8/3x- 3/2

D. y=8/3x + 2

Answers

Answer:

B, y = 8/3x - 2/3

Step-by-step explanation:

parallel lines have the

8/3x-2/3 is the slope-intercept form of the line that passes through (1, 2) and is parallel to the graph of y= 8/3x.

What is Slope of Line?

The slope of the line is the ratio of the rise to the run, or rise divided by the run. It describes the steepness of line in the coordinate plane.

The slope intercept form of a line is y=mx+b, where m is slope and b is the y intercept.

The slope of line passing through two points (x₁, y₁) and (x₂, y₂) is

m=y₂-y₁/x₂-x₁

We need to find the slope-intercept form of the line that passes through (1, 2) and is parallel to the graph of y= 8/3x.

The slopes of parallel lines will be same.

Firstly let us find y intercept.

2=8/3(1)+b

2-8/3=b

-2/3=b

Hence, 8/3x-2/3 is the slope-intercept form of the line that passes through (1, 2) and is parallel to the graph of y= 8/3x.

To learn more on slope of line click:

https://brainly.com/question/14511992

#SPJ5

I need help bad I'm stuck​

Answers

Answer:

All Real Numbers

Step-by-step explanation:

Ok so domain is x and x is going through 0 and you are going from -♾ to ♾ which is everything so all real numbers

Divide £506 in the ratio 2:4:5

•£92, £184 and £230
•£92, £184 and £240
•£92 , £180, £234

Answers

Answer:

2x+4x+5x=506

11x=506

x=46

92:184:230

When you rotate figures, what do you notice about sides, angles, and parallel lines?

Answers

Answer:

They are the exact same.

Step-by-step explanation:

$5.36 for 20 oz
question

Answers

Unit rate is 3.7 if that’s what you are asking for, you were not very specific.

What is reciprocal of the number 5

Answers

Answer:

1/5

Step-by-step explanation:

5 = 1/5

6= 1/6

1/6= 6/1 (or just 6)

5/6= 6/5

Do you see the pattern?

Every number has a reciprocal except for 0. There is nothing you can multiply by 0 to create a product of 1, so it has no reciprocal.

Answer:

1/5.

Step-by-step explanation:

When referring to a reciprocal, it basically means taking the numerator and the denominator and flipping them.

For example, take 4/5. The reciprocal of 4/5 would be 5/4.

Now, take 5. As a fraction, it would look like 5/1. If you were to flip it, it would be 1/5.

Therefore, the reciprocal of 5 is 1/5.

WILL MARK BRAINLIEST. Find my mistake and explain how you would fix it. I’ve included step numbers so you can describe where the step is in the solution path.

Answers

The mistake is instead of adding 7 to both sides to eliminate it they subtracted 7 and here is the right way to do it, I hope this helps

Whats 42 hundredths as a decimal ?

Answers

42 hundredths as a decimal is 0.42
the answer would be 0.42 ! hope this helps

João tem uma coleção com 238 cartões com imagens de jogadores de futebol. ele pretende separar esses cartões em montinhos que tenham sempre a mesma quantidade de cartões.

As imagens abaixo mostram algumas opções de montes. Dentre essas, qual pode ser uma das que João poderá utilizar e, neste caso, qual a quantidade de montinho ele faria?

Answers

Answer:

Veja abaixo.

Step-by-step explanation:

238 = 2 * 7 * 17

2 * 119

7 * 34

14 * 17

Pode fazer 2 montinhos de 119 cartões.

Pode fazer 119 montinhos de 2 cartões.

Pode fazer 7 montinhos the 34 cartões.

Pode fazer 34 montinhos de 7 cartões.

Pode fazer 14 montinhos de 17 cartões.

Pode fazer 17 montinhos the 14 cartões.

water has the chemical formula H20. Which statement correctly describes water? A: water is not a pure substance, but is an element B: Water is a pure substance and an element. C: Water is a pure substance and a compound. D: Water is not a pure substance, but is a compound.

Answers

D. Because water is a compound of two elements so it cannot be an element nor a pure substance

Answer:

the answer is d I'm positive:)

Solve for z:

3z +4= 5z+ 2

z=1
z = 3
z= 2

Answers

The answer is z=1
Explanation:

3(1) +4= 5(1)+ 2  = 7=7

3(3) +4= 5(3)+ 2  = 13=17

3(2) +4= 5(2)+ 2   = 10=12

Please help me with these 2 questions please!! Legit answers only! Please!

Answers

Answer:

for the second picture: the answer is 15 hours

Step-by-step explanation:

174 miles is for 3 hours, divide that by 3 to find how many miles per hour it is, 870 divided by 58 will give you the number of hours; 15. hope this helps!

anyone willing to help me with this?

Answers

the answer for 5/6 x 3/10 is 1/4

The length of a football field is 100 yards. How many centimeters is this? (Given 1 meter = 1.09 yards)

Answers

Answer:

9144.0 centimeters

Step-by-step explanation:

solve for y

7x-5y=17

Answers

there are infinitely many values for y in this equation.
Linear equations in two variable have infinite VALUES

Answer:   7*x-5*y-(17)=0

Step-by-step explanation:

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