A deposit of $1,295 at 7% for 180 days what is the interest earned

Answers

Answer 1

Final answer:

To find the simple interest on a deposit of $1,295 at a 7% rate for 180 days, we use the formula I = P × r × t. With 180 days being roughly 0.5 years, the interest earned is approximately $45.33.

Explanation:

Calculating Simple Interest for a Deposit

To calculate the simple interest earned on a deposit, we can use the simple interest formula which is Interest (I) = Principal (P) × Rate (r) × Time (t).

In this case, a student wants to know the interest earned on a deposit of $1,295 at 7% for 180 days. Since simple interest is usually calculated on an annual basis, we need to adjust the time to reflect a portion of the year. 180 days is equivalent to ½ year (since 180/365 ≈ 0.493). Now we can plug in the values into the formula:

I = P × r × t

I = $1,295 × 0.07 × 0.5

So, the interest earned would be:

I = $1,295 × 0.07 × 0.5I = $45.325

The student will earn approximately $45.33 in interest (rounded to the nearest cent).

Related Questions

A bus traveled on a level road for 4 hours at an average speed of 20 miles per hour faster than it traveled on a winding road. The time spent on the winding road was 5 hours. Find the average speed on the level road if the entire trip was 449 miles.

Answers

To solve this problem, we must recall that the formula for velocity assuming linear motion:

v = d / t

Where,

v = velocity

d = distance

t = time

For condition 1: bus travelling on a level road

v1 = d1 / t1

(v2 + 20) = (449 – d2) / 4 --->1

For condition 2: bus travelling on a winding road

v2 = d2 / t2

v2 = d2 / 5 --->2

Combining equations 1 and 2:

(d2 / 5) + 20 = (449 – d2) / 4

0.8 d2 + 80 = 449 – d2

1.8 d2 = 369

d2 = 205 miles

Using equation 2, find for v2:

v2 = 205 / 5

v2 = 41 mph

Since v1 = v2 + 20

v1 = 41 + 20

v1 = 61 mph

Therefore the average speed on the level road is 61 mph.

write each fraction as a sum or difference
2m-5/9

Answers

This is a fraction that has a linear expression as the numerator and a constant number in denominator.
So we can simply divide each term of numerator by denominator because we can write [tex] \frac{a+b}{c} = \frac{a}{c}+ \frac{b}{c} [/tex]
So we can write given fraction as
[tex] \frac{2m-5}{9} = \frac{2m}{9} - \frac{5}{9} [/tex] which is expressed as a difference.

Matthew currently has enough money to buy 45 toy cars. If the cost of each car was 10 cents less, Matthew could buy 5 more cars. How much money does Matthew have to spend on toy cars?

Answers

x=price per toy car
45x = money Matt has
45x =50(x-.1)
45x =50x -5
5 =5x
x=$1
45x= $45
the cost of each car is $1

Your employer offers you a choice of wage scales: a monthly salary of $2800 plus commission of 8% of sales or a salary of $3300 plus a 6% commission. At what sales level would the options yield the same salary?

Answers

2800 + 0.08s = 3300 + 0.06s
0.08s = 0.06s = 3300 - 2800
0.02s = 500
s = 500 / 0.02
s = 25,000 <==

At the 25,000 salary scale, the options yield will be the same salary the answer is 25,000.

What is percentage?

It's the ratio of two integers stated as a fraction of a hundred parts. It is a metric for comparing two sets of data, and it is expressed as a percentage using the percent symbol.

We have:

Your employer offers you a choice of wage scales:

A monthly salary of $2800 plus a commission of 8% of sales or

A salary of $3300 plus a 6% commission.

First choice of wage scale:

= 2800 + 0.08s

Second choice of wage scale:

= 3300 + 0.06s

2800 + 0.08s = 3300 + 0.06s

0.08s - 0.06s = 3300 - 2800

0.02s = 500

s = 25,000

Thus, at the 25,000 salary scale, the options yield will be the same salary the answer is 25,000.

Learn more about the percentage here:

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A rug is shaped like a rectangle who's per Perimeter there's 192 feet the length is five times longer with find the length and the width

Answers

P = Perimeter = 2(length) + 2(width). Let the width be x; then if the length is 5 times longer than the width, the length is 5x.

Plug these values into the Perimeter equation P = 2(length) + 2(width):

P = 2(5x) + 2(x), or P = 12x, and this is known to have the value 192 units. Solve for the width, x:

(192 units) = 12x gives us x = 16 units. Then the length is 5(16 units) = 80 units.

Check: Does 2(80 units) + 2(16 units) = 192 units? If so, then our width (16) and length (80) are correct.

The axis of symmetry for a quadratic equation can be found using the formula x =-b/2a , where a and b are coefficients in the quadratic equation and x represents the values along a vertical line on the coordinate plane. When the equation is solved for a, such that b is the numerator of the resulting fraction, what is the denominator of the fraction?

2x

–2x

1/2x

–1/2x

Answers

if x = -b/2a, then 2a = -b / x so a = -b / 2x or a = b / -2x

So the denominator is -2x because it has to take the minus sign that the numerator refused to take ;-)

The answer is B on edgen.

The course for a walkathon is 6 miles long. If Chloe wants to walk 50 miles during the walkathon, how many times must she walk the course?

Answers

she should walk the course about 8 or 9 times

divide 50 by 6

50/6 = 8.333

so she has to walk it 8.33 times

round answer as needed.

What is the probability that a fair die never comes up an even number when it is rolled six times? (note: enter the value of probability in decimal format and round it to three decimal places.)?

Answers

Let us compute first the probability of ending up an odd number when rolling a dice. A dice has faces with numbers 1 up to 6. The odd numbers within that is 3 (1, 3 and 5). Therefore, each dice has a probability of 3/6 or 1/2. Then, you use the repeated trials formula:

Probability = n!/r!(n-r)! * p^r * q^(n-r), where n is the number of tries (n=6), r is the number tries where you get an even number (r=0), p is the probability of having an even face and q is the probability of having an odd face.

Probability = 6!/0!(6!) * (1/2)^0 * (1/2)^6
Probability = 1/64

Therefore, the probability is 1/64 or 1.56%.

Atmospheric pressure decreases by about 11.8% for every 1000 meters you climb. The pressure at sea level is 1013 millibars (a unit of pressure). Construct an exponential model to represent the atmospheric pressure at a given altitude in thousands of meters. Use your model to determine the atmospheric pressure at an altitude of 4000 meters.
(Express your answer in millibars rounded correctly to the nearest tenth.)

Answers

at sea level, the pressure is 1013, that's when the altitude is at 0, sea level, let's see

[tex]\bf \textit{Periodic Exponential Decay}\\\\ A=I(1 - r)^{\frac{t}{p}}\qquad \begin{cases} A=\textit{accumulated amount}\to &1013\\ I=\textit{initial amount}\\ r=rate\to 11.8\%\to \frac{11.8}{100}\to &0.118\\ t=\textit{meters climbed}\to &0\\ p=period\to &1000 \end{cases} \\\\\\ 1013=I(1-0.118)^{\frac{0}{1000}}\implies 1013=I\cdot 1\implies 1013=I[/tex]

so, the inital amount is 1013, when t = 0,

[tex]\bf \textit{Periodic Exponential Decay}\\\\ A=I(1- r)^{\frac{t}{p}}\qquad \begin{cases} A=\textit{accumulated amount}\\ I=\textit{initial amount}\to &1013\\ r=rate\to 11.8\%\to \frac{11.8}{100}\to &0.118\\ t=\textit{meters climbed}\to &t\\ p=period\to &1000 \end{cases} \\\\\\ A=1013(1-0.118)^{\frac{t}{1000}}\implies A=1013(0.882)^{\frac{t}{1000}}[/tex]

now, to check the atmospheric pressure at 4000, simply set t = 4000, to get A.

Why does a calculator return an error when trying to find inverse sine of 1.055?

Answers

Sin(x) is a function bounded between -1 and 1. A value greater than 1 or smaller than -1 (-1.1, for instance) does not correspond to any real angle.

It then returns error

Answer:

1.055 is outside the domain of the sine function.

Step-by-step explanation:

When we are taking the inverse sine, we are finding an angle that gives a value of 1.055.

The sine function NEVER gives a value greater than 1 or less than -1. The domain of the sine function is between -1 and 1, inclusive.

So wanting to know which angle gives a sine value of 1.055 is futile. Sine can never be greater than 1.

That's why the calculator gives an error, because 1.055 is outside the domain of the sine function.

The extreme rock climbing club planned a climbing expedition. The total cost was $5000, which was to be divided equally among the members going. Prior to the trip, 3 members decided not to go. If the cost per person increases by $375, how many people went on the expedition?

Answers

Most useful original number of planned climbers were 687 members .hope i helped

687 I am pretty sure hope it helps,,,,,,,,,,m,,,,

Evaluate the limit, if it exists. (if an answer does not exist, enter dne.) lim h→0 (5 + h)−1 − 5−1 h

Answers

[tex]\displaystyle\lim_{h\to0}\frac{(5+h)^{-1}-5^{-1}}h=\lim_{h\to0}\frac{\frac5{5(5+h)}-\frac{5+h}{5(5+h)}}h[/tex]
[tex]\displaystyle=-\lim_{h\to0}\frac h{5(5+h)h}[/tex]
[tex]\displaystyle=-\lim_{h\to0}\frac1{5(5+h)}=-\frac1{25}[/tex]

Alternatively, recall that if [tex]f(x)=\dfrac1x[/tex], then [tex]f'(x)=-\dfrac1{x^2}[/tex], and so

[tex]f'(5)=\displaystyle\lim_{x\to5}\frac{\frac1x-\frac15}{x-5}[/tex]

Take [tex]h=x-5[/tex], so that [tex]x=h+5[/tex], and we have the original limit. So the limit is equivalent to the value of [tex]f'(5)[/tex], i.e.

[tex]f'(5)=-\dfrac1{5^2}=-\dfrac1{25}[/tex]

The perimeter of a rectangular field is 168 feet. The field is 36 feet wide. How long is the field

Answers

To find the length, divide the peremiter by 2 and then subtract the width.

Length= Peremiter/2 - width
L = P/2 - W
L = 168/2 - 36
L = 84 - 36
L = 48

The length is 48

a car dealership has 55 cars and 11 vans.what is the ratio of cars to vans? wriiten as a fraction in simplest form?

Answers

55/1 ratio is 5 to 1 or 5/1. 55 divided by 11 is 5 and 11 divided by 11 is 1, so the ratio is 5 to 1.

A small company repairs home computers. In the past 200 days, it has been quite busy, taking in and repairing 2 computers on 52 of those days; 3 computers on 84 of those days; 4 computers on 40 of those days; and 5 computers on 24 of those days. Build a probability distribution for the number of computers repaired on any given day, show it is a valid distribution, and calculate its mean and variance.

Answers

The probability distribution is shown in the table below

The value of [tex]x[/tex]: 2, 3, 4, and 5 shows the number of computers repaired and [tex]P(X=x)[/tex] shows the probability

Mean = (2×0.26×) + (3×0.42) + (4×0.2) + (5×0.12)
Mean = 0.52+1.26+0.80+0.6
Mean = 3.18

Variance = [(2²×0.26)+(3²×0.42)+(4²×0.2)+(5²×0.12)] - (3.18)²
Variance = 0.9076

The total ages of 2 buildings is 201 years. if one building is twice as old as the other, what are the ages of 2 buildings?

Answers

Answer: 67 years and 134 years

In this case, you are given the buildings sum ages ( building A ages+ building B ages = 201 years) and the building ratio ( Building A ages= 2x Building B ages).
To answer the question, you simply need to insert the second equation into the first. It would be:

building A ages + building B ages= 201
2x building B ages + building B ages= 201
building B ages= 67 years.

Then building A ages= 2x 67 years= 134 years.

The ages of the two buildings are 67 and 134 years. This is found by setting up an algebraic equation where the sum of their ages is 201, and one is twice as old as the other.

Finding the Ages of Two Buildings

If the total ages of two buildings is 201 years and one building is twice as old as the other, then we can express the ages of the buildings using algebra. Let's denote the age of the younger building as y years. The older building is twice as old, so its age would be 2y years. The equation based on their total ages would be:

y + 2y = 201 years

Solving this equation:

Combine like terms: 3y = 201.

Divide both sides by 3 to isolate y: y = 201 / 3.

Calculate the exact value: y = 67 years.

So, the younger building is 67 years old, and the older building, being twice as old, is 134 years old.

A(-3, 9) and B(5, 9) are the endpoints of the diameter of a circle. Use these points to find the standard equation of the circle.

Answers

check the picture below.

notice the midpoint of the diameter segment, is just 1,9.

also, recall the radius is half the diameter, notice how long the radius is, just 4 units.

[tex]\bf \textit{equation of a circle}\\\\ (x-{{ h}})^2+(y-{{ k}})^2={{ r}}^2 \qquad \begin{array}{lllll} center\ (&{{ h}},&{{ k}})\qquad radius=&{{ r}}\\ &1&9&4 \end{array} [/tex]

Keeping in mind that a functions rate of change is measure of how fast the function is increasing or decreasing what does the slope of a linear function indicate?

Answers

When a linear function is graphed, a line will drawn on the plot. If we analyze this, this means that the two variables are related by a constant of proportionality. That constant is called the slope. Since the slope is constant, that means that the rate of change is also constant. It would only differ if the rate is increasing or decreasing. It would be increasing if its magnitude is positive which will be graphed as a diagonal to the right. Otherwise, it is decreasing whose magnitude is negative which will be graphed as a diagonal to the left.

Answer: A linear function is represented as a straight line. The slope of the line gives the function’s rate of change.

Step-by-step explanation: Plato sample answer

a triangular prism has height of 10cm and a base area of 12cm. a rectangular prism has height of 10cm and base dimensions of 3 cm and 4 cm. do the solids have the same volume?

Answers

check the picture below.

notice, the base area of the rectangular prism is just 3x4.

What statement regarding the diagram is true?

Answers

I believe the second one right, because if I remember two opposite angles of an outside angle = the outside angle.

Translate this sentence into an equation; 14 less than Julie's score is 62. Use the variable m to represent Julie's score.

Answers

First, when we hear "less than" we should think of subtraction. Since Julie's score is represented by m, 14 less than her score would be the same as m-14 because we need to use subtraction. Then since 14 less than her score is equal to 62, we can set m-14 equal to 62 to get our final answer which is m-14=62.

I hope this helps!

To solve problems like these, we must break it down for each term.

"14 less than Julie's score"
This implies that we are going to have 14 less than the variable that represents Julie's score (which in this case, is m).

m-14

"is 62"
"Is" is almost always used as a way of saying "=," and 62 is the value that it equals.

m-14=62

Using the reasoning above, we can see that an equation to represent this scenario is m-14=62.

Two identical twins can only be distinguished by the characteristic that one always tells the truth and the other always lies. One twin tells you of a lucky number pair: "When I multiply my first lucky number by 3 and my second lucky number by 6, the addition of the resulting numbers produce a sum of 12. When I add my first lucky number and twice my second lucky number, the sum is 5." Which twin is talking? How do you know?

Answers

To get a sum of 12, you know that the lucky numbers must be pretty small. The first lucky number is 2, multiplied by 3 gets us 6. The second lucky number is 1, multiplied by 6 gets us 6. 6 + 6 = 12.
The solve the next problem, the second lucky number (1) twice is 2. When added to the first lucky number, the sum is 4. This is tricky, because if the first lucky number was multiplied by 2 and added to the second lucky number, the sum would be 5.
In this case, the twin that lies is talking.

A math teacher gave her class two tests. 76% of the class passed the first test. 58% of the class passed both tests. What is the approximate probability that a student who passed the second test, given that he passed the first test.

Answers

P(test 2 | test 1) = P(test 2∩test 1) ÷ P(test 1)
P(test 2 | test 1) = 0.58 ÷ 0.76
P(test 2 | test 1) = 0.76 ≈ rounded to two decimal places

What is the height of a cylinder with a volume of 315 pi cubic meters and a radius of 6 meters? 8.75 meters 12.25 meters 26.25 meters 52.5 meters

Answers

check the picture below.

simplify away.

Since this cylinder has a radius of 6 meters, its height is equal to 8.75 meters.

Given the following data:

Radius of cylinder = 6 m.

Volume of cylinder = 315π m.

How to calculate the height of this cylinder?

Mathematically, the volume of a cylinder is calculated by using this formula:

V = πr²h

Where:

h is the height.r is the radius.

Substituting the given parameters into the formula, we have;

315π = π × 6² × h

315π = 36πh

h = 315/36

Height, h = 8.75 meters.

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You deposit $5000 in an account earning 2% interest compounded continuously. How much will you have in the account in 15 years?

Answers

The compound interest is given by:
A=p(1+r/100)^n
where:
A=future amount
p=principle
r=rate
n=time in years
Therefore given that, p=$5000, r=2% and n=15 years, the amount after 15 years will be:
A=5000(1+2/100)^15
A=5000(1+0.02)^15
A=5000(1.02)^15
A=6,729.34
We conclude that the amount after 15 years will be $6,729.34

What's the answer to the equation;
√2y+3=11

Answers

y=59 that should be the correct answer

The answer should be Y=32 should be it

PLEASE help me...Suck at math. find the following using the given triangle.

Answers

To find the perimeter just add the sides

5+5+6 = 16

To find the area, you need to use the following formula

[tex] area = \frac{1}{2}bh[/tex]
we know b but we need to find the height. We can find the heigh by using pythagorean theorem [tex]a^2 + b^2 = c^2[/tex]

height = [tex] a^2 + 3^2 = 5^2 [/tex]
[tex] a^2 + 9 = 25 [/tex]
[tex] a^2 = 25 - 9[/tex]
[tex] a^2 = 16 [/tex]
[tex] a = \sqrt{16} = 4 [/tex]
h = height = 4

[tex] area = \frac{1}{2}\times 6\times 4 = 12cm^2[/tex]

Cost:

6.00 per cm^2 = 6.00 x 12 = $72.00 dollars

check the picture below.

what's the cost? well is $6 per square foot, what area did you get? well, say you got A, so the cost is just A * 6.

The volume of the Moon is about 2.18×10102 cubic kilometers. The volume of Earth is about 1.09×10121 cubic kilometers. The number of Moons that can fit inside Earth can be found by dividing Earth's volume by the Moon's volume. About how many Moons can fit inside Earth?

Answers

Volume of Earth is 1.09×1012 cubic kilometers

Volume of Moon is 2.18×1010 cubic kilometers

Hence number of Moons that can fit in Earth is

1.09×10122.18×1010

= 1012−102 as 2.18=1.09×2

= 1022

= 1002=50

Answer:

50 moons

Step-by-step explanation:

cause i got it right on the test

how many miles can you drive with 13.2 gallons of gasoline

Answers

286.44 I multiplied the numbers together

This depends on how large your car is and how fast you drive.
Certain cars burn more gasoline than others. You also may burn more or less gasoline depending on your speed. Slower speeds burn less, whereas faster speeds burn more.

A medical plan requires a patient to pay a $25.00 copay plus 20% of all charges incurred for a medical procedure. If the average bill for a patient is between $200 and $800, find the range of the original bill.

Answers

Let the original bill be [tex]x[/tex], then the final bill after the charges been added are [tex]1.2x+25[/tex], where [tex]1.2[/tex] is the increase in the bill by 0.2 (100%+20% = 120% = 1.2)

The range of the original bill is
200 < [tex]1.2x+25[/tex] < 800, subtract each term by 25
175 < [tex]1.2x[/tex] < 775, divide each term by [tex]1.2[/tex]
145.83 < [tex]x[/tex] < 645.83

Hence, the range of the original bill is between $145.83 and $645.83

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Factor this trinomial with a leading coefficient of 1. The trinomial being 2x^2y-34xy+144y According to the text, the work of _______ revolutionized our understanding of sexual anatomy and sexual responding. What did the germans have that most other immigrants did not? What is another name for the Harlem Renaissance? Assume that the customer file references a file object, and the file was opened using the 'w' mode specifier. how would you write the string 'mary smith' to the file? Which function below has the following domain and range?Domain: {9,5,2,6,10}Range: {2,0,8}Select one:a. {(2,5),(8,10),(0,6),(2,9),(0,2)}{(2,5),(8,10),(0,6),(2,9),(0,2)}b. {(9,10),(2,8)}{(9,10),(2,8)}c. {(9,2),(5,0),(2,8),(6,5),(10,9)}{(9,2),(5,0),(2,8),(6,5),(10,9)}d. {(2,0),(5,2),(10,8),(6,0),(9,2)}{(2,0),(5,2),(10,8),(6,0),(9,2)} After each dream, gilgamesh says to enkidu, "dear friend, tell me, what does this mean?" what effect does this repetition have? it signals that gilgamesh will defeat humbaba. it reinforces enkidu's role as gilgamesh's adviser. it emphasizes the terrifying nature of gilgamesh's dream. it suggests that gilgamesh rejects supernatural powers. The perimeter of a rectangular field is 376 yards. if the width of the field is 89 yards, what is its length? y = 7x - 53 y = -4x + 35 a. ( -3, -8) c. ( -8, 3) b. ( 8, 3) d. No solution Which Greek philosophers passed on legacies of knowledge and inquiry that shaped future political, ethical, and social ideas? Select all that apply. A.Plato B.Thucydides C.Socrates D.Euripides E.Hippocrates F.Aristotle PLEASE HELP ME!!!If the diameter of a mens basketball is 10 inches and a womens is 9 inches, what is the approximate difference of their volumes?A.137.6 in.^3B.141.9 in.^3C.145.6 in.^3 Explain the connection between the beginning of life and the universal genetic code Which of the following indicates that the roots of a quadratic are irrationala) discriminant is zerob) discriminant is negativec) discriminant is rationald) discriminant is prime How many times bigger is a metric ton than a kilogram? The measure that created the nations judicial structure was the judiciary act of 1801 true or false Which word best describes the speakers attitude in the first two stanzas of its this way Two fruit flies produce the following generation: 33 flies with recessive vestigial wings (ww) and 87 flies with normal wings (WW or Ww). What can you conclude about the parents of this generation? Mind helping a brother here! 20 points! Thanks! To what stimulus do thermoreceptors respond The best synonym for external validity is Steam Workshop Downloader