Mia deposited $2,500 in an account that earned simple interest annually. She did not make additional deposits; she did not make withdrawals.



At the end of 6 years, the balance was $3,025. What is the interest rate on this account?

Answers

Answer 1
The percent is 5.25%
Answer 2

The interest rate on Mia's account is 20.17%.

What is the simple interest?

The borrowing amount is just the principal amount multiplied by the simple interest rate.

Given, Mia deposited $2,500 in an account that earned simple interest annually. She did not make additional deposits; she did not make withdrawals.

The formula to calculate the simple interest is;

                                                 S.I. = P x T x R / 100 ,

Where S.I. is simple interest , P is principal amount, T is time period and R is interest rate in a year.

We have, P = $2500 T = 6 years, S.I. = $3025

Substituting all the values in the formula;

3025 = 2500 x 6 x R / 100

R = 3025 x 100 / 15000

R = 20.17%

Therefore, the interest rate is 20.17%.

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Related Questions

Determine the equation of the tangent to x− 3x +1 at the point (3,1)

Answers

9514 1404 393

Answer:

  y = 3x -8

Step-by-step explanation:

We assume you want the tangent to the parabola y = x² -3x +1 at the given point. The slope is found using the derivative of the function at that point.

  y' = 2x -3

At x=3, the slope is ...

  y' = 2(3) -3 = 3

The equation of the line through point (3, 1) with a slope of 3 is ...

  y -1 = 3(x -3) . . . .  use the point-slope form of the equation for a line

  y = 3x -9 +1 . . . . . eliminate parentheses, add 1

  y = 3x -8

Marsha made a wreath for her front door. The diameter of the wreath is 12 inches.


What is the circumference of the wreath?

Answers

31pie hope it helps not look

Solve for p. PLEASE HELP ME

21 + p = 44
Question 1 options:

p = 23


p = 21


p = 44


p = 65

Question 2 (1 point)
Saved
Solve for a.

a + (−5) = 12


Question 2 options:

a = 17


a = 7


a = -12


a = -17

Question 3 (1 point)
Solve for m.

m2= 13
Question 3 options:

m = 6.5


m = 15


m = 11


m = 26

Question 4 (1 point)
Solve for g.

34g = 12
Question 4 options:

g = 3


g = 16


g = 4


g = 9

Question 5 (1 point)
Solve for x.

4x = 20



Question 5 options:

x = 100


x = 16


x = 5


x = 24

Question 6 (1 point)
Solve for z.

2z + 5 = 21
Question 6 options:

z = 8


z = 13


z = 9


z = 3

Question 7 (1 point)
Solve for f.

f4 − 3 = 5
Question 7 options:

f = 2


f = 19


f = 32


f = 64

Answers

Step-by-step explanation:

Question 1 p=23

Question 2 a=17

Question 3 m=6.5

Question 5 x=4

Question 6 z=8

Question 7 f=2

Answer:

Question 1 : 21 + 23 = 44

Question 2: 17 - 5 = 12

Question 3: 26÷2 = 13

Question 5: 4x5=20

Sorry about the others

-6(3x + (-4y)) Simplify.

Answers

Answer:

−18x+24y

Step-by-step explanation:

sorry if its wrong

Find the measure of angle b

Answers

Answer:

b = 116

we have:

b + 64⁰ = 180⁰

<=> b = 180⁰ - 64⁰

<=> b = 116⁰

The space probe Voyager I travels 3.255 x 108 miles in a year.
At this rate, how far does the Voyager I travel during a period of 40 years?

Answers

Hope this helps you
13932

The Voyager I travel 130.2 x [tex]10^8[/tex] miles during a period of 40 years.

What is Unitary Method?

The unitary technique involves first determining the value of a single unit, followed by the value of the necessary number of units.

For example, Let's say Ram spends 36 Rs. for a dozen (12) bananas.

12 bananas will set you back 36 Rs. 1 banana costs 36 x 12 = 3 Rupees.

As a result, one banana costs three rupees. Let's say we need to calculate the price of 15 bananas.

This may be done as follows: 15 bananas cost 3 rupees each; 15 units cost 45 rupees.

The space probe Voyager I travels 3.255 x [tex]10^8[/tex] miles in a year.

So, in 40 years Voyager I travel

= 3.255 x [tex]10^8[/tex] x 40

= 130.2 x [tex]10^8[/tex] miles.

Thus, the Voyager I travel 130.2 x [tex]10^8[/tex] miles.

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Saffron is one the most expensive spices in the world. Ms. Patel pays $123.51 for 2.3 grams of saffron. What is the price per gram?

Answers

Scroll down for answer!

Step-by-step explanation:

123.51/2.3 = 53.7

Two options = 53.7 or 53.1

During each week, John buys 3 new art pieces. Write an equation that shows the relationship between the numbers of art pieces x and the total number of art pieces he owns y
select one
A. y = 3x
B. y = 9x
C. x = 3y
D. y = x

Answers

Answer:

The correct answer is A. y=3x.

The total amount of art pieces he owns is equal to three times the number of pieces x.

Let me know if this helps!

the answer is a, y=3x

What is the answer to (a²)(a⁵)(a⁷)

Answers

Answer:

The answer would be a^70

Step-by-step explanation:

Hope this helped!! If it is wrong please tell me and I will re-check my answer. :)

Since there are parenthesis you just multiply the exponents and get A^70

Hope this helps

-x = 5
what is the answer for x?

Answers

Answer:

Answer:

x= -5

.........

Answer: x = -5

Step-by-step explanation:

Katherine's bakery expects to sell 20 Bundt cakes every 5 days. Based on this information, how many days does the bakery expect that it will take to sell 44 Bundt cakes?

Answers

Answer:

the number of days taken is 11

Step-by-step explanation:

The computation of the number of days expected to sell 44 bundt cakes as follows:

Given that

It takes every 5 days to sell 20 bundt cakes

So for 44 bundt cakes it would take

= 44 × 5 days ÷ 20

= 11 days

hence, the number of days taken is 11

What is the name of the angle pair for <2 and <4?
1
4
2.
Vertical Angles
O Corresponding Angles
Linear Pair
O Supplementary

Answers

Vertical angles. hope it helps.

Answer:

Vertical angles.

Step-by-step explanation:

Angles 4 and 2 have the same angle measure and angles 1 and 3 have the same angle measure. This happened because the lines intersected each other.

30 POINTS PLEASE HELP
What is the value of x?

Answers

Answer:

x = 27

Step-by-step explanation:

ΔDQC ≈ ΔDBR

set up proportion based on corresponding sides

39/x = 65/18+x

cross-multiply:

39(18+x) = 65x

702 + 39x = 65x

702 = 26x

x = 27

I don’t now how to do it please help

Answers

(20 x 20) + (1/2 x16 x 12) i think

Michelle says that the solution to the inequality 2(4y-3) > -22 is y > -3.5.

what was her mistake. What is the solution to the inequality.

Answers

Answer:

The solution of the given inequality is y>-2.

Step-by-step explanation:

The given inequality is :

2(4y-3) > -22

Using distributive property on LHS of the above inequality.

8y-6 >-22

Add 6 both sides of the inequality

8y-6+6 >-22+6

8y>-16

y>-2

So, the value of y is more than -2.

Trista has 7/8 of a yard of ribbon to use for making decorative frames . If you frame used 5/6 of a yard of ribbon , then how much is remaining

Answers

Answer:

[tex]\dfrac{1}{24}\ \text{yard}[/tex]

Step-by-step explanation:

Amount of ribbon Trista had is [tex]\dfrac{7}{8}\ \text{yard}[/tex]

Amount of ribbon used in the frame [tex]\dfrac{5}{6}\ \text{yard}[/tex]

Amount of ribbon remaining is

[tex]\dfrac{7}{8}-\dfrac{5}{6}=\dfrac{21-20}{24}[/tex]

[tex]=\dfrac{1}{24}\ \text{yard}[/tex]

The amount of ribbon remaining is [tex]\dfrac{1}{24}\ \text{yard}[/tex].

A sphere has a radius of 1.8 cm. What is its volume, to the nearest cubic cm?

Answers

Vol of a sphere = 4/3 x pi x r^3 = 24

Which statement CANNOT be represented by the expression t - 16

Answers

Answer:

no statement

Step-by-step explanation:

List the statements pls

HELP I NEED HELP ASAP

Answers

Answer:

D should be the anwser if i did my math correctly!

TRIANGLE CONGUENCE
I need help on a and b please ASAP if u can am failing math please help if u can

Answers

Step-by-step explanation:

John and his 3 friends decide to order food. The cost of one box of food is $x. If each boy purchases one box of food, what is the total cost? *z decreased by 3 as an algebraic expression is *How many terms does the following expression contain? 2x + 5y - 5State the value of 9x - 3y if x=2 and y=3 *State the constant in the expression: ab + 5 - 2c *

Your answer

State the variable in the expression: 5p + 3 *Tanya is n years old today. How old will she be in 5 years?16 more than thrice m as an algebraic expression is *State the coefficient in the expression: 3x - 7 *

Your answer

State the value of ab if a=3 and b=5 *State the value of 9x - 3y if x=2 and y=3 *John and his 3 friends decide to order food. The cost of one box of food is $x. If each boy purchases one box of food, what is the total cost? *Vertical jumpHead turning

A line passes through the points (-4, 7) and (5, -8). What is the slope of the line?

Answers

Answer:

slope={-8-7}/{5--4)=-15/9=-5/3

we use - × -=+

My teacher told me to do this question I will give brainliest

If you were to teach a friend how to solve the following two-step equation : 3x + 18 = 48, what would you say, step by step? You may work it out first before you start your writing.

Answers

Answer:

Step-by-step explanation:

3x + 18 = 48

Bringing like terms on one side

3x = 48 - 18

3x = 30

x = 30/10

x = 3

Answer:

x = 10

Step-by-step explanation:

Subtract 18 from both sides.

3x=48-18

Simplify  48-18 to 30.

3x=30

Divide both sides by 3.

x= 30/3

Simplify  30/3\ to 10

x=10

x=10

will give brainliest to first correct answer

Answers

Answer:

A or C

Step-by-step explanation:

Find the slope given the points (2, −7) and (−1, 6).

Answers

Answer:

The slope would be 13/-3 or -4.3... repeating

Step-by-step explanation:

The slope of the line passing through the points (2, −7) and (−1, 6) is (13 / 3 ).

What is the slope of the line?

Slope or the gradient is the number or the ratio which determines the direction or the steepness of the line.

The slope of the line is calculated by the formula below,

Slope = ( y₂ - y₁ ) / ( x₂ - x₁ )

Given points through which the line is passing are (2, −7) and (−1, 6). The slope of the line is calculated by the formula written below,

Slope = ( y₂ - y₁ ) / ( x₂ - x₁ )

Slope = (6 - ( - 7 ) / ( -1 - 2 )

Slope = 13 / - 3

Slope = -13 / 3

Therefore, the slope of the line passing through the points (2, −7) and (−1, 6) is (13 / 3 ).

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I need help please I would be happy

Answers

7384(x)748 (8967-888)

Answer: [tex](x,y) \to (4x,4y)[/tex] which is choice (3)

======================================================

Explanation:

The general transformation of [tex](x,y) \to (kx,ky)[/tex] describes a dilation with scale factor k. If k is not equal to 1, then the resulting image will not be the same size as the preimage.

In this case, k = 4. This means that the resulting image has its side lengths 4 times greater compared to the preimage side lengths. For example, if a side length is 5 units long in the preimage, then its corresponding length in the image is 5*4 = 20 units long.

If this is enlargement applied to all sides, then the perimeter also goes up by the same scale factor (since the perimeter is the sum of all exterior sides). The image perimeter will be four times that of the preimage perimeter.

In summary, if you apply a dilation (where k is not equal to 1), then the perimeter will change. If k > 1, then the perimeter gets larger. If 0 < k < 1, then the perimeter will shrink.

----------------------

Extra info:

Choice (1) describes a reflection over the line y = xChoice (2) is a reflection over the x axis.Choice (4) describes a translation of 2 units to the right and 5 units down.The transformations of reflections, translations, and rotations all are considered rigid transformations. This means that they keep the same size and shape. You can imagine the camera is moving around in some way and the shapes stay still (but give the illusion of movement). In other words, rigid transformations will keep the perimeter the same.  Because of this, we can rule out choices (1), (2) and (4).  

What is the percent change of 16 to 44.2?

Answers

176.25 is ur answer

What is true about the sum of the two polynomials?

6s2t – 2st2

4s2t – 3st2
What is the additive inverse of the polynomial –9xy2 + 6x2y – 5x3?

Answers

Answer:

f'(x) = -f(x) = 9xy² - 6x²y + 5x³

Step-by-step explanation:

f(x) = –9xy² + 6x²y – 5x³

additive inverse: f'(x) = -f(x) = 9xy² - 6x²y + 5x³

f(x) + f'(x) = f(x) -f(x) = (–9xy² + 6x²y – 5x³) + (9xy² - 6x²y + 5x³) = 0

where does 0.3 be placed in the Venn Diagram?

Answers

Answer:

fondo

Step-by-step explanation:

Answer:

in the middle of venn diagram

Step-by-step explanation:

Please help I’ll mark you brainly!

Answers

9514 1404 393

Answer:

  A.  f(x) = (x -3)² -1

  B.  vertex: (3, -1); axis of symmetry: x=3; x-intercepts: {2, 4}; y-intercept: 8

  C.  see attached for a graph

Step-by-step explanation:

A. Put the function in vertex form by completing the square. Start by putting parentheses around the terms containing x.

  f(x) = (x² -6x) +8

Now, identify the coefficient of x (-6) and square half of that. (-6/2)² = 9. Add this value inside parentheses, and subtract this value outside parentheses.

  f(x) = (x² -6x +9) +8 -9

Rewrite the trinomial in parentheses as a square. The constant in the binomial will be the value you squared in the previous step.

  f(x) = (x -3)² -1 . . . . . vertex form; a(x -h)²+k for vertex (h, k)

__

B. The vertex and the axis of symmetry can be read from the equation. Here, the vertex is (3, -1). The axis of symmetry is the vertical line through the vertex: x = 3. The x-intercepts are found by solving f(x) = 0.

  f(x) = 0

  (x -3)² -1 = 0

  (x -3)² = 1 . . . . . add the opposite of the 'k' value

  x -3 = ±√1 . . . . take the square root. We need both signs.

  x = 3 ± 1 . . . . . add 3 to get x by itself. These are the x-intercepts.

  x = 3-1 = 2  and  x = 3+1 = 4

The x-intercepts are 2 and 4, points (2, 0) and (4, 0).

The y-intercept is the value of f(0). It is the constant in the original form of the function. f(0) = 8 . . . . y-intercept

__

C. The graph is attached. The various points above are marked, and the axis of symmetry is shown.

Someone please help!!! I need this asap! I will mark brainliest if correct!

Answers

Answer:

choice 4) SAS

Step-by-step explanation:

the answer is 4o SAS is the correct answer

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