Levi invests money in an account paying a simple interest of 8.7% per year. If he invests $70 and no money will be added or removed from the investment, how much will he have in one year, in dollars and cents?

Answers

Answer 1

Answer:

Pn=Po(1+r)^n

r=8.7%=8.7/100=0.087

Po=$70

n=1

P1=70(1+0.087)^1

=70(1.087)=76.09

=76

Answer 2

Answer:$76.09

Step-by-step explanation:

100%+8.7%=

 108.7%\,\,108.7\%108.7%

Whole balance before interest = 100%, then add on interest

108.7% of the current balance means 108.7100 of it.\text{108.7\% of the current balance means \(\frac{108.7}{100}\) of it.}108.7% of the current balance means 100108.7​ of it.

"Percent" literally means "out of 100."

108.7100=\frac{108.7}{100}=100108.7​=

 1.087\,\,1.0871.087

To find 108.7% of the current balance, multiply by 1.087:\text{To find 108.7\% of the current balance, multiply by \(1.087\):}To find 108.7% of the current balance, multiply by 1.087:

$70×1.087=\$70\times1.087=$70×1.087=

 $76.09\,\,\boxed{\$76.09}$76.09


Related Questions

Write 4^6 as a product of the same factor. *
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Answers

Answer:

First option

Step-by-step explanation:

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WILL MARK BRAINLIEST

Which is the simplified version of 7x−4(x−8)=56?
A
11x+32=56

B
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C
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D
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Answers

The answer is D
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Answers

Total = 700 * (1.0225)^6

Total = 700 * 1.1428254416

Total = 799.98

Write the equation of a line that is perpendicular to y = 5x – 7 and that
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Answer:

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Step-by-step explanation:

How many 3/4 cup servings are in a 6 cup container milk?

Answers

Answer:

There are 8 3/4-cup servings.

Step-by-step explanation:

What we know:

There is a 6-cup container of milk.

What we don't know:

How many 3/4-cup servings are there?

What we should do:

Divide 6 by 3/4.

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This is the same as 6 times 4/3.

6 * 4/3

24/3

There are 8 3/4-cup servings in a 6-cup container of milk.

A company that makes hair-care products had 5,000 people try a new shampoo. Of the 5,000
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Answers

1750 is 35 percent of 5000

Which is a solution to 2(x + 4) - 1 = 15?

Answers

Answer:

X= 4

Step-by-step explanation:

Add 1 to both sides
Divide both sides by 2
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Help mark you as brainly

Answers

Answer:

5

Step-by-step explanation:

Find the perimeter of the rectangle.

A rectangle with length 12 millimeters. The area of the rectangle is marked as 132 square millimeters.

Answers

Answer:

46 [tex]millimeters^{2}[/tex]

Step-by-step explanation:

What is given....

The length which is 12.

The area which is 132

We can use both of those to find the missing height

A = l * h

132 = 12 * h

132/12 = 12/12 * h

11 = h

Now that we found what "h" is, we can use that to find the perimeter....

Perimeter is when you add up all of the sides of a shape

L = 12

H = 11

There are 4 sides in a rectangle ( 2 sides for the height, and 2 sides for the lengths)

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The perimeter of the rectangle is 46 [tex]millimeters^{2}[/tex]

Hope this helped!

Have a supercalifragilisticexpialidocious day!

Answer:

46

Step-by-step explanation:

What is (4x)8




fastfastfastfast

Answers

32x is the answer in terms of x. just multiply 4 times 8

32x

Step-by-step explanation:

hope it helps!

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Big Ideas Learning, LLC Geometry Assessment Book. Chapter 1 page 15 question 11.

Answers

Answer:

Perimeter = 16 units

Area = 15 squared units

Step-by-step explanation:

ABCD is a rectangle.

It's length l = 5 units

and width w = 3 units

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Area of ABCD = 5*3 = 15 squared units.

Q. The factored form of 18+24z is *
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Answers

Answer:

6(3+4z)

Step-by-step explanation:

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6*3 is 18 and 6*4 is 24

so your answer is:

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Answers

Answer:

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Step-by-step explanation:

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Answer:

2.5 per friend

Step-by-step explanation:

Each friend gets 1 full treat.

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If the bearing from A to B is 034 what is the beating from B to A?

Answers

Step-by-step explanation:

This is called a back bearing

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Do you mind helping me I’m the red box and I don’t know how to put here thank you very much

Answers

Answer:

y= 0.50x

Step-by-step explanation:

this means that for every minute that passes, john will earn an additional $0.50. at x=1 or at 1 minute, y=0.50 which means that John. has earned $0.50 over that amount of time.

45 cents is what percentage of $10?​

Answers

Answer:

4.5%

Step-by-step explanation:

Converting Dollars to cents we get,

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plz mark as brainliest

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Answers

Answer:

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Step-by-step explanation:

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We know that the function g(x) is in the form ax². Since we know that it's parabola goes through the point (1,9), then:

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Answers

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I HOPE IT HELPS! And can I get brainiest?

WILL MARK BRAINLIEST FOR CORRECT ANSWER

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Answers

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Step-by-step explanation:

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Answers

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14
17
12
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Answers

Answer:

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Step-by-step explanation:

I thinkk

14/219:13 AM
2)
Convert 48 quarts to gallons.
Remember: 1 quart = 14 gallons
1) 48 quarts = __(quart)
2) 48 quarts = _*(_gallon)
3)
48 quarts =
gallons
I need this ASAP

Answers

Answer:

48 quarts = 12 gallons

Step-by-step explanation:

The 48 quarts is equal to 12 gallons.

What is the meaning of 1 quart?

The meaning of 1 quart is a unit of capacity equal to 1/4 gallon or 1/32 bushel.

What is the meaning of 1 gallons?

A unit of capacity equal to four quarts.

Given:

1 quart = 1/4 gallons.

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48 quarts is equal to 12 gallons.

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Can someone help me please
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Answers

I believe it is answer A...He pays 485 originally and then 25 to his brother ever hour so 485+75 is 560 making A the answer.

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Answers

Answer:

I got 76 for #1 your welcome

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Answers

Answer:

No solution

Step-by-step explanation:

12n + 22 = 10n + 2n + 7

Combine like terms

12n+22=12n+7

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Zero

Step-by-step explanation:

Add the two variables on the right side, the numbers with a letter attached to them. You should have 12. Then subtract 12 from left to right or right from left. It will cancel out both sides.

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Step-by-step explanation:

Which statement describes the graph of this polynomial function?
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The graph touches the x-axis at x = 2 and x = -1 and crosses the x-axis at x = 0.
O The graph crosses the x-axis at x = -2 and x = 1 and touches the x-axis at x = 0.
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Answers

Answer:

Option (3)

Step-by-step explanation:

Given function is,

f(x) = x⁴ + x³ - 2x²

     = x²(x² + x - 2)

     = x²(x² + 2x - x - 2)

     = x²[x(x + 2) - 1(x + 2)]

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Option (3) will be the correct option.

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