Find the simple interest earned, to the nearest cent, for the principal, interest rate, and time.



$530, 6%, 1 year

Answers

Answer 1

The simple interest earned on $530 at 5.5% rate for 1 years is $31.80.

How to calculate simple interest?

The formula for simple interest is expressed mathematically as;

I = P × r × t

Where I is interest, P is principal, r is interest rate and t is time period.

Given the data in the question;

Principal P = $530Interest rate r = 6%Time period t = 1 yearInterest I = ?

First, convert the rate from percent to a decimal form

Rate r = 6%

Rate r = 6/100

Rate r = 0.06

To determine the simple interest earned, plug the given values into the simple interest formula and solve for I.

I = P × r × t

I = $530 × 0.06 × 1

I = $530 × 0.06

I = $31.80

Therefore, the simple interest accumulated after 1 years is $31.80.

Learn more about simple interest here: brainly.com/question/25845758

#SPJ1


Related Questions

List some of the valid reasons that can be used in a proof:

Answers

Answer:

Experiment results, and more results!

They help a LOT!

Step-by-step explanation:

Experiment results and risks

the price of 6 pretzels is 5.10$. Simon and Sofia bought 8 pretzels and shared the cost equally. how much did each person pay

Answers

Answer:

Simon and Sophia payed $3.40 each.

Step-by-step explanation:

5.10/6= 0.85

0.85 dollars per pretzel.

0.85*8= 6.8

Simon and Sophia payed $6.80 together.

6.80/2= 3.4

Simon and Sophia payed $3.40 each.

Answer:

They each pay $3.40.

Step-by-step explanation:

I took 6 and divided $5.10 into 6 to get the cost per pretzel. Then, I multiplied the cost of one pretzel by 8, and divided by two to evenly split the cost between Simon and Sofia. Hope this helps!!

What is 11712.60 rounded off to 2 significant figures??

Answers

Answer:

12000

Step-by-step explanation:

Simplify 45 / 3 + 2 * 8 - 12 + 42

Answers

Answer:

61

Step-by-step explanation:

It’s 61 just do the calculation that’s what I did I hope this helped

Charles Beaudry sells computer hardware for a computer firm. He is paid 4 percent commission on the first $8,000 of sales, 6 percent on the next $10,000 of sales, and 8 percent on sales over $18,000. What is his commission of $21,278 in sales?

Answers

As i don't want this to be to long

We break it down so

$8000 x 4% = $320

$10000 x 6% = $600

$8000 + $10000 = $18000

$24550-$18000 = $6550 x 8% = $524

Final answer

$320+$600+$524 = $1,444

A 150-foot fence encloses a garden.What is the length of each side of the garden.

Answers

Answer:

15 ft 45 ft 30 ft 60 ft

Step-by-step explanation:

2.(X+3) > 5. (3x + 1)

Answers

Answer:

3x+1 > 7

Step-by-step explanation:

x+3 > 5

x > 5-3

x > 2

3(x)+1

= 3(>2)+1

= 3x+1 > 7

Hope this helped!

triangle ABC ~ triangle XYZ , where AB = 18 cm, BC = 30 cm , and CA = 42 cm . The longest side of triangle XYZ is 25.2 cm. What is the perimeter of triangle XYZ ?

Answers

Answer:

The perimeter of triangle XYZ is 54 cm

Step-by-step explanation:

In similar triangles, their corresponding sides are proportional, which means the ratios of the corresponding sides are equalTheir perimeters have the same ratio as their corresponding sides, which means P1 = r × P2, where r is the ratio of similarityTheir areas have the square of the ratio as their corresponding sides, which means A1 = r² × A2

Δ ABC is similar to Δ XYZ

∵ The longest side in Δ XYZ is 25.2 cm

→ That means its corresponding side in Δ ABC is the longest side

∵ AB = 18 cm, BC = 30 cm, CA = 42 cm

∴ The longest side in Δ ABC is CA

∴ CA is the corresponding side of the side of length 25.2 cm

The ratio of similarity = [tex]\frac{25.2}{42}[/tex] = 0.6 ⇒ (r)

∵ The perimeter of Δ ABC = AB + BC + CA

∴ The perimeter of Δ ABC = 18 + 30 + 42

∴ The perimeter of Δ ABC = 90 cm

→ Use the 2nd fact above

∵ P of Δ XYZ = r × P of Δ ABC

r = 0.6 and P of Δ ABC = 90

∴ The perimeter of Δ XYZ = 0.6 × 90

The perimeter of Δ XYZ = 54 cm

Pressure is force divided by area calculate the force when the pressure is 18N/m^2

Answers

Answer:

hi

Step-by-step explanation:

1+1=2

Solve 3/5k-5=7/10k by eliminating the fraction. Explain how you determine what to multiply each term by and all the steps to solving the equation.

Answers

9514 1404 393

Answer:

  k = -50

Step-by-step explanation:

The fraction denominators are 5 and 10. The least common multiple of those values is 10. This means we can eliminate fractions by multiplying both sides of the equation by 10:

  6k -50 = 7k

Subtracting 6k from both sides of the equation leaves you with the solution:

  -50 = k

Write the equation in slope-intercept form 2x−8y=24

Answers

Answer:

y=1/4x - 3

Step-by-step explanation:

Answer:

[tex]y=\frac{1}{4}x-3[/tex]

Step-by-step explanation:

Please tell me the answer

Answers

Answer:

(-∞,∞) Bottom answer

I hope this helps you with your algebra

Answer:

Infinity

Step-by-step explanation:

Give brainiest to the other guy/girl they deserve it!!

(Hope dis helps!!!)

Solve this equation. Enter your answer in the box.

–24 + 12d = 2(d – 3) + 22

Answers

Answer: The answer should be 4. So it should be written as d = 4. You answer this equation by removing the parentheses, calculating, moving the terms, collect the like terms and calculate some more, then finally divide both sides. Hope this helps!

An open rectangular cistern when measured from outside is 1.35 metre long 1.08 metre board and 90 cm It is made up of iron which is 2.5 cm find the capacity of the question and the volume of the iron used.​

Answers

Answer:

The capacity of the cistern is [tex]1.2231~m^3[/tex]

The volume of iron used is [tex]0.0891~m^3[/tex]

Step-by-step explanation:

Volume

The volume of a rectangular box of dimensions x,y,z is given by:

V = x.y.z

The external dimensions of the rectangular cistern are 1.35 m, 1.08 m, and 0.90 m, thus the external volume is:

[tex]V_e=1.35*1.08*0.90=1.3122~m^3[/tex]

The cistern is made of iron 2.5 cm= 0.025 thick, thus the internal dimensions are:

1.35 - 0.025 = 1.325 m

1.08 - 0.025 = 1.055 m

0.90 - 0.025 = 0.875 m

The internal volume is:

[tex]V_i=1.325*1.055*0.875[/tex]

[tex]V_i=1.2231~m^3[/tex]

The capacity of the cistern is 1.2231~m^3

The volume of iron used is the difference between the external and the internal volumes:

[tex]V_{iron}=1.3122~m^3-1.2231~m^3[/tex]

[tex]V_{iron}=0.0891~m^3=89.1~lt[/tex]

The volume of iron used is [tex]0.0891~m^3[/tex]

determine the linear factors 18x^3-34x^2+16x

Answers

Answer:

good luck tho oh and dont forget to tell me the answer

Step-by-step explanation:

Answer:

2x(9x - 8)(x - 1)

Step-by-step explanation:

Which is the value for 54 . 3 ÷ 10 0 54.3÷100? A. 0.543 B. 5.43 C. 54.3 D. 543

Answers

Answer: The answer is acually 54.3

Step-by-step explanation: cause I did it

Marking brainlesssss!!

Answers

Answer:

I think the answer is C. 6.75

Answer:

6.75

Step-by-step explanation:

-2/3 minus (-4/6)=

Answers

♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️

[tex] - \frac{2}{3} - ( - \frac{4}{6} ) = \\ [/tex]

[tex] - \frac{2}{3} + \frac{4}{6} = \\ [/tex]

[tex] - \frac{2}{3} + \frac{2 \times 2}{2 \times 3} = \\ [/tex]

[tex] - \frac{2}{3} + \frac{2}{3} = 0\\ [/tex]

♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️♥️

what5 is 12.4 x -1.35

Answers

Answer: -16.74

Step-by-step explanation:

Answer:-16.74

Step-by-step explanation:

Every Wednesday, Wayne works out for 3/4 of an hour at the fitness center. Every Saturday, he goes to the fitness center again and exercises for 3 times as long. How much time does Wayne spend at the fitness center in all each week?

Answers

3/4 of an hour = 45 minutes
45 * 3 = 135 minutes
135 + 45 = 180 minutes
He spends 180 minutes or 3 hours
Question

Every Wednesday, Wayne works out for 3/4 of an hour at the fitness center. Every Saturday, he goes to the fitness center again and exercises for 3 times as long. How much time does Wayne spend at the fitness center in all each week?

Answer:

3 hours (or 180 minutes)

Step-by-step explanation:

3/4 of an hour = 45 minutes

45 minutes × 3 = 135 minutes or 2 hours and 25 minutes

2 hours and 25 minutes + 45 minutes = 3 hours (180 minutes)

What is the slope of the line that passes through the points (7,−6) and (4, -6) ? Write your answer in simplest form.

Answers

the answer is m = 0. i hope this helps-

In triangleABC, a = 1.4 cm, b = 1.5 cm and c=1.5 cm. Find the measure of angleA to the nearest 10th of a degree.​

Answers

Answer:55.6

Step-by-step explanation:

Answer:

55.6

Step-by-step explanation:

what is 20 percent of 140

Answers

Answer:

28

gotta divide

Step-by-step explanation:

Find the percent of decrease from 27 to 18.
PLEASE HELP

Answers

-33.33333333333333 %A change from 27 to 18 represents a negative change (decrease) of -33.33333333333333%

Use the formula found below on this webpage to find the percent changeby replacing the given values:Percent change = New - Old|Old|  100%Percent change = 18 - 27|27|  x 100 = -927  x 100 = -33.33333333333333decrease)

Where: 27 is the old value and 18 is the new value. In this case we have a negative change (decrease) of -33.33333333333333 percent because the new value is smaller than the old value.

The Answer is: -33.33333333333333% or 33.3

In the figure, m<2 = 44. What is the measure of <1?

Answers

Answer:

m∠1 = 112°

Step-by-step explanation:

To solve for m∠1, we need to find the supplementary angle and subtract from 180°.  We also know that m∠2 = 44° and the remaining two angles inside the triangle are the same because of the congruent sides, let's call each angle x.

Therefore m∠2 + x + x = 180; combine x's

m∠2 + 2x = 180; substitute m∠2 = 44°

44 + 2x = 180; subtract 44 from both sides

2x = 136; divide by 2

x = 68°

Therefore using the supplementary angle

x + m∠1 = 180 (because it is supplementary)

68 + m∠1 = 180; subtract 68 from both sides

m∠1 = 112°

Please help!



What is 7% of 600

Answers

Answer:

42

Step-by-step explanation:

Hope this helps

please answer!! THIS IS ALL THE POINTS I HAVE LEFT SINCE NOBODY IS ANSWERING MY OTHER QUESTIONS :(
~~~~~~~~~~~~~

Answers

Answer:

The height of the parallelogram relates to the height of the circle because it is equal to the radius of the circle. The height goes from the circumference to the point of any section of the circle. I hope this helps.

Step-by-step explanation:

Answer: Well I will try to answer it

Step-by-step explanation:

A. I would say that the height of the base of the parallelogram its related to the circle since the base have the SAME shape of the circle. The height goes from the circumference to the point of any section of the circle and the radius well, it's the same.

B. I'm not so sure sorry

solve for the variable
x-2= -5
7+x=11
-12+x=1

Answers

1. X= -3
2. X=4
3. X= 13

What is the difference between a histogram and a bar graph?
a A histogram presents information in horizontal bars, while a bar graph presents information in
vertical bars
b. A histogram deals with data which displays a normal distribution, while a bar graph deals with
data in any distribution
c. There is no difference. The two terms are synonymous.
d. A histogram deals with continuous data in ordered columns, while a bar graph deals with
discrete data in separate columns

Answers

Answer:

d.

A histogram deals with continuous data in ordered columns, while a bar graph deals with discrete data in separate columns.

Step-by-step explanation:

If g (x) = 3x – 2, find g (8) – g(-5)

Answers

Answer:

I hope this helps you with your question

Other Questions
What is the equation of this graphed line?Enter your answer in slope-intercept form.Please answer quickly, I will give brainliest to whoever answers correctly, thank you. please helpp mecwith this question The lightness or darkness of a color/hueA.ShadeB.ToneC.TintD.Value The atomic of nitrogen is 7. The number of electrons a neutral atom has is_, and its atomic mass is approximately_amu. Umm I know that I shouldnt be using Brainly for this but can somebody tell me what im supposed to put for the Applications in my Science fair project cuz im confused and Google doesnt help me so yeah please tell me im confused A $5,000 face value bond has a coupon rate of 6.5%, sells for $5,937, and matures in 7 years. What is its yield to maturity?a. 3.44%.b. 5.47%.c. 6.12%.d. 4.08%. Vice President Dickk Cheney was called upon to temporarily assume the office of president when __________.A.President Bush was on vacation at Camp DavidB.he was sent on diplomatic missions in the Middle EastC.President Bush attended his impeachment hearings in joint sessions of CongressD.President Bush, on two occasions, had to undergo surgical procedures What is an ion pump?? HELPPPP plzz!! A.) Side - Side - SideB.) Side - Angle - SideC.) Angle - Side - AngleD.) Angle - Angle - SideE.) Hypotenuse - Leg compare the size of F- and Na+ with atomic size of Neon? List any four causes of smoking An official government order to be enforced as law is called _______________.a.a constitutionb.an amendmentc.a decreed.a treatyPlease select the best answer from the choices provided HEEEEEEEEEEEEEEELLLLLLLPPPPP PLEASE Which sentence best supports the author's claim that the best place to build solar power plants is the Mojave Desert?sentence 1sentence 2sentence 3sentence 4 what adaptations facilitated movement of tetrapods to land - be sure to describe challenges that these adaptations helped them overcome. HELP PLZ WILL MARK BRAINLIEST IF CORRECT PLZZZZZ HELPPPPPPWhich statement from the Article best supports the idea that Amina Mseffer feels that there is additional work to be done to help people with intellectual disabilities? A. But while Mseffer celebrates her group's progress toward integrating people with disabilities, she also wants government officials in Morocco to get more involved. B. Over the years, Hadaf has received gifts of money from businesses, individuals, and even the Moroccan king. C. When launching the restaurant, Hadaf partnered with a Moroccan government project that helps citizens who are poor. D. Still, Hadaf was helping people with disabilities long before the restaurant opened Jon wants to set up a trihomed DMZ. Which is the best method to do so? A. use dual firewalls B. use a single firewall with only two interfaces C. use a single three-legged firewall with three interfaces D. use dual firewalls with three interfaces There are a total number of 38 possible equally likely outcomes on a roulette wheel. Out of the 38 outcomes, there are 18odd-numbered outcomes. What's the probability of spinning an odd number? Express your answer as a fraction. If the radius r of a circle is decreasing at the rate of 5 cm per minute, find the rate of change of area when radius is 6 cm. Where were some of China's brightest people sent during the Cultural Revolution?O to concentration campsto reeducation campsO to labor campsto prison camps