Gavin owes the bank $63,000. After 10 years, Gavin owes $93,255. Gavin knows the debt grows with an interest rate that compounds once every year. What is the rate of interest (as a percentage)?

Answers

Answer 1

Answer:

 1,616.60

we know that    

The compound interest formula is equal to  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

substitute in the formula above  

Step-by-step explanation:


Related Questions

A copy machine makes 231 copies in 5 minutes and 15 seconds. How many copies does it make per minute?

Answers

Put 5 min 15 sec into seconds (315 seconds) and set up a ratio to find how many copies are made every 60 seconds.

The solution is 44 copies

The number of copies the copy machine makes in one minute is 44 copies

What is an Equation?

Equations are mathematical statements with two algebraic expressions flanking the equals (=) sign on either side.

It demonstrates the equality of the relationship between the expressions printed on the left and right sides.

Coefficients, variables, operators, constants, terms, expressions, and the equal to sign are some of the components of an equation. The "=" sign and terms on both sides must always be present when writing an equation.

Given data ,

Let the equation be represented as A

Now , the value of A is

The number of copies the copy machine makes = 231 copies

Time required by the to make 231 copies = 5 minutes 15 seconds

5 minutes = 5 x 60 seconds

5 minutes = 300 seconds

5 minutes 15 seconds = 300 + 15 seconds

5 minutes 15 seconds = 315 seconds

So , Time required by the to make 231 copies = 315 seconds

Now , number of copies in 1 minute = 60 x ( The number of copies the copy machine makes / Time required by the to make 231 copies )

Substituting the values in the equation , we get

Number of copies in one minute A = 60 x ( 231 / 315 )

Number of copies in one minute A = 60 x 0.733

Number of copies in one minute A = 44 copies

Therefore , the value of A is 44 copies

Hence , the number of copies is 44 copies

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There are 81 women teachers at Russell High. If 45% of the teachers in the school are women, how many teachers are there at Russell High?

Answers

Answer:

180 teachers

Step-by-step explanation:

In this case, we know the value corresponding to 45% of female teachers which is 81, therefore, to find the total it would be:

% teachers    #teachers

       45                 81

       100                 x

we apply the rule of three:

x = 100 * 81/45

x = 180

which means that there are a total of 180 teachers at Russell High

Paint costs $12 per litre and can only be purchased in a full number of litres. One litre of paint covers an area of 10m2. A rectangular wall is 6.5 long and 3m high and needs two coats of paint. What will be the cost of paint for the wall?

Answers

Answer:

$48

Step-by-step explanation:

The rectangular wall is 6.5 m long and 3 m high and needs two coats of paint. This means the wall will be painted twice.

First, we find the area of the wall. The area of a rectangle is given as:

A = L * B

where L = length and B = breadth

Therefore, the area of the wall is:

[tex]A = 6.5 * 3 = 19.5 m^2[/tex]

One litre of paint covers an area of [tex]10m^2[/tex].

The paint can only be purchased in a full number of litres.

Therefore, let us find how many litres it will take to paint the wall once:

[tex]10m^2[/tex] = 1 litre

[tex]19.5 m^2[/tex] = 19.5 / 10 = 1.95 litres

Since the paint can only be bought in full number of litres, we approximate 1.95 litres to whole number, that is 2 litres.

2 litres is needed to paint the wall once.

Therefore, we need double of that to paint the wall twice, that is:

2 * 2 = 4 litres

Paint costs $12 per litre, therefore, the price for 4 litres is:

4 * 12 = $48

The cost of paint for the wall is $48.

can someone help? 25 points

Answers

Answer:

8 hours

Step-by-step explanation:

HE has to pay $7 an hour.

8*7=56

He has a descount of $3, so

$56-$3=$53.

Which is the exat amount of money that Tony has.

Answer:

The answer is 46

Because he wants to spend less so you would do

7x7=49

He could only rent the boat for 7 hours because that would be less than 53$

Now you do 49-3=46

Because he had a discount

So the answer is 46

Step-by-step explanation:

Hope this helped!

Which expression represents the volume of a rectangular prism that is not occupied by the cylinder.

Answers

Answer:

The volume of the prism not occupied by the cylinder is (150 - 25*pi)*h.

Step-by-step explanation:

In order to calculate the volume of the rectangular prism that is not occupied by the cylinder we need to calculate the total volume of the rectangular prism and subtract it by the volume of the cylinder. We have:

Rectangular prism:

Volume prism = length*height*width

Volume prism = 15*h*10 = 150*h

Cylinder:

Volume cylinder = pi*r²*h = pi*5²*h = 25*pi*h

The volume of the prism that is not occupied by the cylinder is:

volume not occupied = volume prism - volume cylinder

volume not occupied = 150*h - 25*pi*h = (150 - 25*pi)*h

The volume of the prism not occupied by the cylinder is (150 - 25*pi)*h.

When the polynomial x^4-3x^3-7x^2+7x+2 is divided by x+2 the quotient is x^3 +Bx^2 +Cx +1. Find the value of B +C

Answers

Answer:

B=-5

C=3

Step-by-step explanation:

x^4-3x^3-7x^2+7x+2= x^4-3x^3-10x^2+3x^2+7x+2

=x^4-3x^3-10x^2+ 3x^2+7x+2

=x^2(x^2-3x-10)+ 3x^2+7x+2

=x^2(x^2+2x-5x-10)+ 3x^2+6x+x+2

=x^2(x(x+2)-5(x+2))+ 3x(x+2)+1(x+2)

=(x+2)(x^2(x-5)+(3x+1))

=(x+2)(x^3-5x^2+3x+1)

Answer:

B=-5

C=3

Step-by-step explanation:

(3/7)*(1/10)-(3/7)*2/5+3/7*1
solve the above-using propeties of rational numbers..
pls give the ans fast..
it's very urgent...
pls don't give wrong ans...

Answers

Answer:

 [tex]\frac{- 39}{70}[/tex]

Step-by-step explanation:

{[tex]\frac{3}{7}[/tex] x [tex]\frac{1}{10}\\[/tex]} - { [tex]\frac{3}{7}[/tex] }x [tex]\frac{2}{5}[/tex] + [tex]\frac{3}{7}[/tex] x 1

We follow the BODMAS rule

=  [tex]\frac{3}{70}[/tex] -  [tex]\frac{3}{7}[/tex] x [tex]\frac{2}{5}[/tex] + [tex]\frac{3}{7}[/tex] x 1

=   [tex]\frac{3}{70}[/tex] - [tex]\frac{3}{7\\}[/tex] x [tex]\frac{2}{5}[/tex] + [tex]\frac{3}{7}[/tex] x 1

=   [tex]\frac{3}{70}[/tex] - [tex]\frac{3}{7\\}[/tex] x [tex]\frac{2}{5}[/tex] + [tex]\frac{3}{7}[/tex]

=  [tex]\frac{3}{70}[/tex] - [tex]\frac{6}{35}[/tex] + [tex]\frac{3}{7}[/tex]

=  [tex]\frac{3}{70}[/tex] - [tex]\frac{6}{35}[/tex] + [tex]\frac{3*5}{7*5}[/tex]        LCM= 35

=  [tex]\frac{3}{70}[/tex] - [tex]\frac{6 + 15}{35}[/tex]

=   [tex]\frac{3}{70}[/tex] - [tex]\frac{21}{35}[/tex]

=  [tex]\frac{3}{70}[/tex] - [tex]\frac{21*2}{35*2}[/tex]             LCM= 70

=   [tex]\frac{3 - 42}{70}[/tex]

=   [tex]\frac{- 39}{70}[/tex]

can help for this questing

1) 2)

Answers

Answer:

1. Median

2. Altitude

Step-by-step explanation:

Medians- Bisect the side (Split the side into two equal parts)

Altitude- Makes a right angle

1. Splits the side into two equal parts. Anwser: Median

2. Makes a right angle Answer: altitude

A town has population of 5000 and grows 3.5 percent every year. What will be the population after 15 years , to the nearest whole number?

Answers

Answer:

After 15 years the population will be 7,625

Step-by-step explanation:

3.5% of 5,000 = 175

175 x 15 = 2625

2625 + 5,000 = 7625

The population after 15 years should be  8,376

Calculation of the population:

Since the population is 5,000 and it grows 3.5 years and the time period is 15 years

So, the population after 15 years is

[tex]= 5,000 \times (1 + 3.5\%)^{15}\\\\[/tex]

= 8,376

Therefore, we can conclude that The population after 15 years should be  8,376

Learn more about population here: https://brainly.com/question/24309536

The area of a circle is 4π x 2 + 12πx + 9π.
a. What is an expression for the radius of the circle?
b. What is the least possible integer value of x for the circle to exist? Explain.

Answers

Answer:B D

Step-by-step explanation:

I just got it right

Melissa needs to wrap a gift box that is shaped like a rectangular prism. The length is 6 inches, the width is 6 inches and the height is 8 inches. How much wrapping paper does she need to cover the whole box

Answers

Answer:

A=264

Step-by-step explanation:

James has g amount of games. Samuel, his friend, has 4 times as many games as James. Write an algebraic expression to represent how many games James has and how many games Samuel has in terms of g.

Answers

Answer: The answer is given below

Step-by-step explanation:

From the question, we are told that James has a lot of games and his friend Samuel, has 4 times as many games as James.

So let the number of games that James has be denoted by g.

Since Samuel has 4 times as the number of games that James has, then Samuel's game will be

= 4 × g

= 4g

Therefore, the expression for James will be g and the expression for the number of games Samuel has is 4g.

You buy a classic comic book for $45. You want to resell it and make a $15 profit. What percent do you need to markup the comic book?

Answers

33% profit

ratio: 15:45

That can be simplified into 1:3

The price is increased by $15, which is 1/3 of the original $45.

1/3 as a percentage is about 33%.

Solve the following system of equations {4x−6y=105x+6y=−55

Answers

Answer:

31557778998765432

Step-by-step explanation:

is it impossible

The city limits of Las Pythagoras form a perfect shape of an isosceles right triangle whose legs are both 25 2525 kilometers long. The population in Las Pythagoras is 100 , 000 100,000100, comma, 000 people. What is the population density of Las Pythagoras?

Answers

320

Step-by-step explanation:

0.7 bar repeater in simplest form​

Answers

Answer:

the answer is 7/10

Step-by-step explanation:

cause i am in honors math 6th grade. I am EXTREMELY smart!!!

Idk what it is plz help me

Answers

Answer:

1) Starting height is 6.25

2) after 20 years it would be 30

1.25(20)=25+5=30

3) 76 years

Answer:

a) 5 feet

b) 30 feet

c) 76 years

Step-by-step explanation:

a) 5 feet. If t is 0, it'll still be 5 feet

b) 30 feet

1.25*20+5=

25+5=

30

c) 76 years

100 = 1.25t+5

1.25t=95

t=76

Correct answers only!

To the nearest cent, how much interest will he earn in 2 years?

Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

Answers

Answer: $8.40

Step-by-step explanation:

The problem states that Scott has deposited $40 and is earning 10% interest, annually. It asks how much interest he will earn in 2 years to the nearest cent.

First, the formula given is B=p(1+r)^t. Since Scott deposits $40, 40 would be the starting amount, p.

B=40(1+r)^t

R is the interest rate: 10%. We plug in 0.10 instead of 10% because r is the interest rate, not the percentage.

B=40(1+0.10)^t

T is time: 2 years

B=40(1+0.10)^2

Now that we have the equation filled out, we plug this into a calculator.

48.4=40(1+0.10)^2

We know that the final amount is $48.40. Unfortunately, the question is asking how much interest is earned. To find that, you would subtract the Final-Initial to get the interest.

48.4-40=8.4

Given a school supply store sells pencils for $2, pens for $4, and markers for $5. Write an expression for the total cost of 3 pencils, 2 pens, and 3 markers

Answers

Answer: 29

Step-by-step explanation:

3x2= 6

4x2=8

3x5=15

6+8+15= 29

hoped I helped you a bit! Good luck! :)

Four bags of peaches weigh 5.6 pounds, 3.9 pounds, 4.9 pounds, and 6.2 pounds.
What is the median weight of the bags?

Answers

The answer is 5.25

First, you need to list all of the numbers from least to greatest. Then, you remove the sides (first 3.9 and 6.2 being the least and the greatest numbers). You then have 4.9 and 5.6 so you need to add them together (getting 10.6) and divide your answer by 2 (getting 5.25).

Hope I helped and good luck :)

what is the percent change between 6 to 3?

Answers

The percentage change is 50%

Answer:

50% = percent chang

Step-by-step explanation:

6 ÷ 50%

6 × .50 = 3

3 ÷ .50 = 6

A survey in one middle school showed that 3 out of 5 students enjoy biking on the weekends. Predict how many out of the 972 students in the school would say they enjoy biking on the weekends.

Answers

583.2 students will enjoy the day! You have to cross multiply so the 3x972=5xE which then equals 2916=5E which equals the answer

how do I simplify this algebraic expression 3x+2a-4x

Answers

Start by changing the -4x to + -4x.

So we have 3x + 2a + -4x.

To simplify, we can only combine what are called our like terms and in this problem, we have a pair of like terms in our x terms.

3x + -4x simplifies to -x.

So our answer is -x + 2a.

Note that if you wrote your answer as -1x + 2a, it means the same thing. However, as we move farther into math, we usually tend to drop the -1 or 1 that is in front of a variable since it's implied

what is -4 {2 - y} + 3y = 3 {y - 4}

Answers

-8+4y+3y=3y-12
7y-8=3y-12
7y-3y= -12+8
4y= -4
Y= -1

The distance d (in feet) that it
takes a car to come to a complete stop can be modeled
by d = 0.05s^2 + 2.2s, where s is the speed of the car
(in miles per hour). A car has 168 feet to come to a
complete stop. Find the maximum speed at which the
car can travel.

Answers

Answer:

40 mph

Step-by-step explanation:

To find the maximum speed at which the car can travel, as the distance it requires to stop is 168 feet, we just need to use the value of d = 168 in the equation, and then find the value of s:

168 = 0.05s^2 + 2.2s

0.05s^2 + 2.2s - 168 = 0

Using Bhaskara's formula: we have:

Delta = 2.2^2 + 4*0.05*168 = 38.44

sqrt(Delta) = 6.2

s1 = (-2.2 + 6.2)/0.1 = 40 mph

s2 = (-2.2 - 6.2)/0.1 = -84 mph (a negative value does not make sense as 's' is the speed of the car)

So the maximum speed of the car is 40 mph

Can someone help me with this

Answers

Answer:

30.5 and 46

Step-by-step explanation:

The minimum is 30.5 and the maximum is 46

Factorise this expression as fully as possible
4x^2+x^3

Answers

Answer:

x^2(4+x)

Step-by-step explanation:

you have to factor out x^2 off both equations since that's the only thing that you can divide off the equations

a knife is 3 times the cost of spoon
9 spoons and 12 knives cost £82.80

Answers

Answer:

5 .52

Step-by-step explanation:

do the math. aaaaaaaaaaaaaaaaaaaannnnnnnnnnnnnnnnnddddddd this is the best appppp evvvvver

8 − (−11) = ? ..................................................................................................................

Answers

Answer:

+19

Step-by-step explanation:

8-(-11)= 8+11

8-(-11)=+19

Answer:

19

Step-by-step explanation:

8 - ( -11) =

8 + 11 =

19

The two negatives combine to make a positive.

In ΔHIJ, the measure of ∠J=90°, IJ = 47 feet, and HI = 68 feet. Find the measure of ∠H to the nearest degree.

Answers

Answer:

44

Step-by-step explanation:

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