Jonathan opened a savings account with $5500 and made no further
deposits. If the account pays3.5% simple interest, how long will it take until
the value of his account reaches $6655? *
a. 3.5 years
b. 6 years
c. 5.54 years
d. 6.5 years

Answers

Answer 1
C. 5.54 years
Explanation: took the test
Answer 2

It takes 6 years to reach $6655.

What is Simple interest?

Simple interest is a quick and simple formula for figuring out how much interest will be charged on a loan. The daily interest rate, the principle, and the number of days between payments are multiplied to calculate simple interest.

The formula written out is "Simple Interest = Principal x Interest Rate x Time."

Given:

Amount= 6655

Principal = 5500

Interest rate= 3.5%

So, Amount= P( 1 +rt)

6655 = 5500 (1 + 0.035t)

6655/5500 = 1 +0.035t

1.21 - 1= 0.035t

0.21 / 0.035 = t

t= 6 years

Hence, it takes 6 years to reach $6655.

Learn more about Simple Interest here:

https://brainly.com/question/25845758

#SPJ6


Related Questions

The jacks and balls have to be spilt among 6 people . Use the distributive property to pull the number 6 out of the expression

Answers

Answer: (24 + 60) = (6 × 4 + 6 × 10) = 6 × (4 + 10)

Please somebody help me.

Answers

Answer: I do believe its A.

Tho I advise you plug it into Midpoint Calculator (Free math website) just to be sure.

Happy Holidays and Good luck

What polygon has interior angle measures of 162°?

Answers

Answer:

If you are given the measure of each interior angle (162 degrees) of a regular polygon. how many sides does the polygon have? If you look at a pentagon first where the interior angle is 108 deg then you see. The angle at the center is 180-162=18 deg and 360/18=20 so the polygon has 20 sides.

ANSWERPLSS
answer choices:
a. -2
b. 1/2
c. f(x)
d. x

Answers

A. Hope this helps!!!

How long is x? How long is y?

Answers

i cant see anything

Step-by-step explanation:

Answer:

yes

Step-by-step explanation:

Use the graph to write a linear function that relates y to x .

Answers

Answer:

2y = x + 2

Step-by-step explanation:

Looking at the graph, we can see from one point to the next (from right to left), the x-value rises by 2 and the y-value by 1;

From this we can work out the gradient between two points using the formula, i.e. the change/difference in y divided by the change/difference in x:

[tex]m = \frac{dy}{dx} = \frac{1}{2}[/tex]

Joining the points gives a straight line, which means a constant gradient of ¹/₂

Use the line equation formula to get the function:

y - y₁ = m(x - x₁)

m = ¹/₂

x₁ = 0

y₁ = 1

y - 1 = ¹/₂.(x - 0)

y - 1 = ¹/₂.x

2y - 2 = x

2y = x + 2

5)
How many solutions can be found for the linear equation?
3(x + 4) = 3x + 4
A)
no solution
B)
one solution
C)
two solutions
D)
infinitely many solutions

Answers

The answer is no solution because when you solve the equation

3(x+4)=3x+4

3x +12=3x +4
-3x -3x

You get an answer of 12=4 which is not true so there cannot be a solution to this equation

The answer is A no solution

Find LN.

A. 38
B. 56
C. 58
D. 76

Answers

Answer:

B. 56°

Step-by-step explanation:

[tex] 20 \degree = \frac{1}{2} (96 \degree - \widehat{LN}) \\ \\ 2 \times 20 \degree = (96 \degree - \widehat{LN}) \\ \\ 40 \degree = (96 \degree - \widehat{LN }) \\ \\ \widehat{ln} = 96 \degree - 40 \degree \\ \\ \huge \red{ \widehat{LN} = 56 \degree}[/tex]

a line passes through the point (-1,5) and the point (3,5), what is the equation of the line?​

Answers

Answer:

8

Step-by-step explanation:

took the test

have a nice day

mark brainlist plzzzzz

What’s the equation for the translation of y=|x|?

Answers

The answer is D y=|x| + 4

Answer:

d) y = IxI + 4

Step-by-step explanation:

Determine the simple interest paid to the nearest cent for each loan, interest rate, and time. $2,650, 3.65%, 2 1/2 years

Answers

9514 1404 393

Answer:

  $241.81

Step-by-step explanation:

The interest is given by the formula ...

  I = Prt

Filling in the values and doing the arithmetic, we have ...

  I = $2650×0.0365×2.5

  I = $241.81

The simple interest paid is $241.81.

What is the slope of the line 4x – 2y = 10? Explain your process (show your steps) for determining the slope.​

Answers

solve for y.
subtract 4x from both sides
-2y = -4x + 10
divide everything by -2
y = 2x - 5
slope intercept form is y = mx + b, with m being the slope, so 2 is your slope

What are the slope and y-intercept for the graph of y = -10x + 2?​

Answers

Answer: slope is -10, y intercept is + 2

Step-by-step explanation:

slope is -10, y intercept is + 2

2 1/3 + 3 2/4 =

Fractions

Answers

5 5/6 is the answer I think

Step-by-step explanation:

2 1/3+3 2/4=7/3+14/4

=28/12+42/12 (common denominater)

=70/12

=5 10/12

write a paragraph about the activites that you mostly do in holidays​

Answers

Some things i do over the holidays,
Are spending time with my family and friends. During Christmas time i help my family cook a meal a wrap presents, Any other time i would usually just go out of state and/ or spend time with friends. Something i also enjoy doing is going shopping and finding new things.

Find the measure of the unknown angle

Answers

Answer:

97 degrees

Step-by-step explanation:

180 - 83 + 97

Answer:

∠? =97°

Step-by-step explanation:

because the 2 lines are paralel the 83° angle and the missing angle are suplementary angles so they add up to 180°

?= 180-83=97°

Is the following a function?

Answers

Answer:

yes

Step-by-step explanation:

you can times them all by 3

BRAINLIEST PLEASE

Please help me!!!!!! I really neeeeeeed

Answers

Answer:

A-(x+4,y-5)

B- move 1 unit left and 7 units down

Step-by-step explanation:

A- 4 units right is x so

(x+4,y__)

5 units down is y so

(x+4,y-5)

B- move 1 unit left and 7 units down

because (x-1,y__) is going left because of the subtraction sign and its the x-coordinate, and (x-1,y-7) is down because its a Y-coordinate and sub so its going down.

TIP- Going left/down is always subtract/negative going right/up is positive/addition.

Twice a number k plus 8 equals one-half times the quantity of four times a number k plus fourteen ?

Answers

Answer:

No solutions

Step-by-step explanation:

So putting that into an equation it equals

2k+8=(4k+14)÷2

Move the 2 to the other side.

2∙2k+8=4k+14

Simplify.

4k+8=4k+14

It doesn't make sense so No Solutions

ANSWER ASAP look at pic and answer #18

Answers

Answer:

Four

Step-by-step explanation:

Answer: will have to be 4

If you make $60 in 8 hours, what is the unit rate? hint: what is your hourly pay?

Answers

Answer:

$7.50

Step-by-step explanation:

Answer:

60 divided by 8 is 7.5

the unit rate is 7.5 and the hourly pay is $7.50

What factor would you need to multiply(3x – 1) by to get922 - 12
ОА 3
B.
2
3x + 1
0
32 - 1

Answers

Answer:

32 - 1

Step-by-step explanation:

The circumefreence of a circle is 37.8. What is the area of the circle? Use 3.14 for pie

Answers

Answer:

b

Step-by-step explanation:

circumference= 2πr

37.8cm = 2πr

r= 6 cm

Area= πr^2

area = 113cm^2

A candy maker is mixing up some sugar syrup for use in making sweets. How much of 30% sugar syrup should she add to 12 liters of 20% sugar syrup to obtain a mixture that contains 26% sugar? Write your answer as a whole number or as a decimal rounded to the nearest tenth.

Answers

Answer:

She should add 18 liters of 30% sugar syrup

Step-by-step explanation:

Let the amount of sugar syrup be x

Mathematically;

30% of x liters + 20% of 12 liters = 26% of (x + 12)

So, we have

0.3x + 2.4 = 0.26x + 3.12

0.3x-0.26x = 3.12-2.4

0.04x = 0.72

x = 0.72/0.04

x = 18

A package of 8 pens costs $1.09. Milo's work to find the unit price of the pack is shown below. StartFraction 8 pens Over 1 dollar and 9 cents EndFraction = StartFraction question mark Over 1 dollar EndFraction. Question mark = StartFraction 8 Over 1 dollar and 9 cents EndFraction. Question mark = 7 dollars and 34 cents.

Answers

Question:

A package of 8 pens costs $1.09. Milo’s work to find the unit price of the pack is shown below.

8p/$1.09 =

8÷$1.09  =

$7.34

Where did Milo make his first error?

Answer:

He wrote the unit rate incorrectly.

Step-by-step explanation:

Given

[tex]Pens = 8[/tex]

[tex]Cost = \$1.09[/tex]

Required

Determine Milo's error

First, we need to solve for the unit price; then compare our results with Milo's

[tex]Unit\ Price = \frac{Cost}{Pens}[/tex]

[tex]Unit\ Price = \frac{\$1.09}{8}[/tex]

[tex]Unit\ Price = \$0.13625[/tex]

Comparing the calculation with Milo's:

We can see that he made wrong calculations i.e. in other words, he solved the required incorrectly

Find the slope. Explain what the slope and y-intercept means for the situation. Be sure to use your labels when explaining the real-life situation.

Answers

Answer:

Slope: 25, y-intercept: 0

Step-by-step explanation:

Take any two points. I'm going to take (3, 75) and (4, 100).

How to find slope: change in y/change in x

Change in y --> 100 - 75 = 25

Change in x --> 4 - 3 = 1

25 ÷ 1 = 25.

Slope is 25

Since 3 · 25 = 75, the y-intercept is 0.

The y-intercept stands for how much money someone gets for working 0 days, so they get $0 for working/whatever situation they're in for 0 days.

What is the answer to 0.30p+1.25m=11.15

Answers

Answer:

The answer is p=37.16 (6 is repeating) - 4.16m (6 is repeating) please let me know if I am incorrect.

Step-by-step explanation:

Isolate the variable by dividing each side by factors that don't contain the variable.

ppppppppllllllllllllllllllllllllzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz HHHHEEEEEEEEEEELLLLL-PPPPPPPPPPPPP MMMMMMMMMMMMEEEEEEEEEEEEE

Answers

Answer:

[tex]\frac{1}{5}[/tex] divided by 4

Step-by-step explanation:

16.8 is 10% of what number? Someone help TWT

Answers

Answer:

168

Step-by-step explanation:

16.8 = 10%

x = 100%

To get to 100%, you have to multiply 10 by ten and 16.8 by 10. Like this:

16.8 = 10%                   original equation

16.8 (10) = 10% (10)      * both sides by 10

168 = 100%                  simplify

:3))

Answer:

168 :)

Step-by-step explanation:

16.8 is 10% of 168

I hope this helps, have a nice day/night, much love, xo, nm <3

using the equation y=-6x+1: if you choose -2 as the input ,what will be the output

Answers

Answer: 13

Step-by-step explanation: you substitute x for -2 because the input is known as x. The output is known as y; solving the new equation y=-6(-2)+1 you will get y=12+1 then y=13

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