How much money was invested at 5% annual simple interest for 4 years to earn $2870?

Answers

Answer 1

Answer:

Principal (amount invested) = $14,350

Step-by-step explanation:

Given the simple interest amount of $2,870 earned in 4 years at 5% interest rate:

In order to find the principal amount that was invested, we could use the simple interest formula and isolate the variable, P, algebraically.

I = P × r × t

where:

I = interest earned = $2,870

P  = principal amount invested = ?

r  = interest rate = 5% or 0.05

t = time = 4

Divide both sides by (r × t ) to isolate P :

[tex]\displaystyle\mathsf{\frac{I}{(r\:\times\:t)}\:=\:\frac{P\:\times\:r\:\times\:t}{(r\:\times\:t)}}[/tex]

[tex]\displaystyle\mathsf{P\:=\frac{I}{(r\:\times\:t)}}[/tex]

Substitute the given values into the formula for P:

[tex]\displaystyle\mathsf{P\:=\frac{I}{(r\:\times\:t)}\:=\:\frac{2870}{0.05\:\times\:4}}[/tex]

[tex]\displaystyle\mathsf{P\:=\frac{2870}{0.20}=14,350}[/tex]

Therefore, the principal amount invested is $14,350.


Related Questions

Solve for x:
Spam: WHSIYWsugwediywedw

Answers

Answer:

um whats m or y?

Step-by-step explanation:

Answer:

[tex]x=3m+y[/tex]

Step-by-step explanation:

Let's solve for [tex]x[/tex].

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

Step 1: Flip the equation.

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

Step 2: Add [tex]\frac{1}{3}y[/tex] to both sides.

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

[tex]\frac{1}{3}x=m+\frac{1}{3}y[/tex]

Step 3: Divide both sides by [tex]\frac{1}{3}[/tex].

[tex]\frac{\frac{1}{3}x }{\frac{1}{3} } ={\frac{m+\frac{1}{3}y }{\frac{1}{3} }[/tex]

[tex]x=3m+y[/tex]

Answer:

[tex]x=3m+y[/tex]

I need help I been here all day trying to solve this I'm good I reading not math ​

Answers

32,760 is the answer!!

shelby traveled 50 miles to her friends house every weekend until she found a shortcut now she travels 46 miles what is the percent of change

Answers

Answer:

8% decrease

Step-by-step explanation:

50 x 2 = 100

46 x 2 = 92

100 - 92 = 8

what is the correct order of reasons to complete the proof??

Answers

Answer: Choice B

I, I, V, II

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

Explanation:

When doing any proofs, we always repeat what is given to us. In this case, the given statements are

QT = RSQS = RT

It seems weirdly redundant to repeat these statements back to the teacher, but this is how all proofs start off. You state what is given and the reason is simply "given". So far the answer is narrowed down to choice B or choice C, due to the "statement I" listed twice like that.

From those statements, we build toward what we want to prove. Those two given statements tell us we have two pairs of congruent sides. If we could prove a third pair of sides are congruent, then we can use SSS which stands for "side side side". It turns out that we are more or less automatically given the third pair of sides in the form QR = QR, which is true by the reflexive property. This property says that any segment is congruent to itself. So we'll have statement V listed after statement I twice. The sequence so far is I, I, V. At this point, we can conclude that choice B must be the final answer. Sure enough, statement II involves SSS just like mentioned earlier.

Which equation illustrates the matrix associative property of addition?​

Answers

Answer:

A  expresses the ASSOCIATIVE PROPERTY OF ADDITION.

Step-by-step explanation:

C[0/0 0/0] +[4/2 3/1] =[4/2 3/1]

Given 4(3x-8)=52 prove x=7

Answers

Answer:

4(3x-8)=52

divide both sides by 4

4/4(3x-8)=52/4

3x-8=13

add both sides by 8

3x-8+8=13+8

3x=21

divide both sides by 3

3x/3=21/3

x=7

Step-by-step explanation:

this question got asked three times =)

Answer:

52 is the answer

Step-by-step explanation:

You always work with your paratheses first. Work with your variable(s) to make things easier. Plug in the number given for your variable.

3(7)=21

Subtract the numbers in the paratheses once you have found the number with the variable.

21 - 8 = 13

Last step is to combine the number in the parentheses with the number(s) out of the parentheses. Depending on the equation, the number outside of the parentheses will have to be added/subtracted/multiplied/divided. In this equation, we have to multiply since there´s no given sign for multiplying. You automatically know you have to multiply because the number is right next to the parentheses.

4 * 13 = 54 or 13 * 4 = 54

I hope this helps u! :D

BEST ANSWER GETS BRAINLIEST!!!!
A store is having a sale on trail mix and jelly beans. For 3 pounds of trail mix and 8 pounds of jelly beans, the total cost is $31. For 5 pounds of trail mix and pounds of 2 jelly beans, the total cost is 12. Find the cost for each pound of trail mix and each pound of jelly beans.

Answers

Answer:

trail mix costs 1.00 per pound

jelly beans costs 3.50 per pound

Step-by-step explanation:

t = cost of trail mix

b = cost of jelly beans

3t+8b = 31

5t+2b = 12

Multiply the second equation by -4

-4(5t+2b = 12)

-20t+-8b = -48

Add this to the first equation

3t+8b = 31

-20t+-8b = -48

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

-17t = -17

Divide by -17

t = 1

Now we can find b

3t+8b = 21

3(1) +8b = 31

3+8b =31

Subtract 3

8b = 31-3

8b = 28

Divide by 8

b = 28/8

b = 7/3

b = 3.50

Let trail mix be x and jelly beans be y

The equations are

3x+8y=31-(1)5x+2y=12-(2)

Multiplying (1) by 1 and (2) by 4

3x+8y=31---(3)20x+8y=48--(4)

Subtracting

[tex]\\ \sf\longmapsto -17x=-17[/tex]

[tex]\\ \sf\longmapsto x=1[/tex]

Putting in eq(2)

[tex]\\ \sf\longmapsto 5(1)+2y=12[/tex]

[tex]\\ \sf\longmapsto 2y=7[/tex]

[tex]\\ \sf\longmapsto y=7/2[/tex]

domain and range of y = x/(x+4)

Answers

Answer:

Step-by-step explanation:

[tex]y=\frac{x}{x+4}[/tex]

for domain x+4≠0

x≠-4

domain={R-{-4}}

R=all real numbers.

y(x+4)=x

yx+4y=x

yx-x=-4y

x(y-1)=-4y

[tex]x=-\frac{4y}{y+1} \\y+1\neq 0\\y\neq -1\\[/tex]

so Range ={R-{-1}}

X/x+4= y or vise versa

what you've learned from it. Was it a success or a challenge?

Answers

I think you forgot to put something in your question

PLEASE HELP
Create a cubic function that is not the parent function.

Explain how to graph your cubic function using transformations from the parent function. Be specific in your response and use correct mathematical language.

Answers

A cubic function is a function that has a power of 3, and three real roots.

The cubic function is [tex]\mathbf{g(x) = -x^3}[/tex], and the transformation is a reflection across the y-axis

The parent cubic function

[tex]\mathbf{f(x) = x^3}[/tex]

A transformed function of the cubic function may be

[tex]\mathbf{g(x) = -x^3}[/tex]

g(x) means that function f(x) is reflected across the y-axis.

The rule of this transformation is:

[tex]\mathbf{(x,y) \to (x,-y)}[/tex]

So, we have:

[tex]\mathbf{g(x) = -f(x)}[/tex]

Substitute x^3 for f(x)

[tex]\mathbf{g(x) = -x^3}[/tex]

Hence, the cubic function is [tex]\mathbf{g(x) = -x^3}[/tex], and the transformation is a reflection across the y-axis

Read more about cubic functions at:

https://brainly.com/question/20896994

Simplify: 5 + p > 3
p < 8
p < -2
p > 8
p > -2

Answers

Answer:

[tex]p>-2[/tex]

Step-by-step explanation:

[tex]5+p>3\\\\5+p-5>3-5\\\\p>-2[/tex]

Answer:p < -2

Step-by-step explanation:

Help pls will give brainlist

Answers

Answer:

should be c

Step-by-step explanation:

Answer:

B) is the answer I hope I could help

represent each solution on a number line 3​

Answers

I don't know how to represent it on a nomberline

I

Please help me please

Answers

[tex]\huge \bf༆ Answer ༄[/tex]

The translation can be can be expressed as : -

A translation

up 8 units and left 7 units

[tex]꧁  \:  \large \frak{Eternal \:  Being } \: ꧂[/tex]

Please Help, i am stuck on this question......

Answers

C because if you want to get it right look at a

This image shows that when a football is kicked, the nearest defensive player is 6 feet from the kicker’s foot. The height of the punted football, f(x), in feet, can be modeled by the equation. Round all answers to 2 decimals. ()=−0.0152 +1.25+2 a. (2 points) What is the maximum height of the punt?

Answers

Using the vertex, it is found that the maximum height of the punt is of 27.7 feet.

The height of the punt, after x seconds, is given by:

[tex]f(x) = -0.0152x^2 + 1.25x + 2[/tex]

It is a quadratic equation with coefficients [tex]a = -0.0152, b = 1.25, c = 2[/tex].

The maximum value is the value of the function at the vertex, hence:

[tex]f_V = -\frac{\Delta}{4a} = -\frac{b^2 - 4ac}{4a}[/tex]

Applying the coefficients:

[tex]f_V = -\frac{b^2 - 4ac}{4a} = -\frac{(1.25)^2 - 4(-0.0152)(2)}{4(-0.0152)} = 27.7[/tex]

The maximum height of the punt is of 27.7 feet.

A similar problem is given at https://brainly.com/question/16858635

Can someone please help with my math homework? this is so confusing.

Answers

Hi there friend, your answer for perimeter is 18.

I’ve included a graph below to help explain why but basically if you count the squares, each side measures 4 1/2 units so if you multiply 4 1/2 units by 4(the number of sides) you get 18.

Last year 85 students in 7th grade This school year only 68 What is the percent decrease?

Answers

Answer: 11.11%

17:153*100 =

(17*100):153 =

1700:153 = 11.11

Find the values for a, b, and c for this quadratic equation. 3x^2 - x - 1 = 0​

Answers

Answer:

a = 3, b = -1, c = -1

Step-by-step explanation:

3x² - x - 1 = 0  ⇒  3x² - 1x - 1 = 0

a = 3, b = -1, c = -1

Let f(x)= - 4x - 1 and g(x)=x² - 5
Find (fog)(-2).

Answers

[tex]f(x) = -4x-1\\\\g(x) = x^2 -5 \\\\g(-2) = (-2)^2 -5 = 4 -5 =-1\\\\(f \circ g)(-2)\\\\=f(g(-2))\\\\=f(-1)\\\\=-4(-1) -1 = 4-1=3[/tex]

Round 2,913 to the nearest ten

Answers

Answer:2,910

Step-by-step explanation:

Answer:

2910

Step-by-step explanation:

We round the number up to the nearest ten if the last digit in the number is 5, 6, 7, 8, or 9.

We round the number down to the nearest ten if the last digit in the number is 1, 2, 3, or 4.

If the last digit is 0, then we do not have to do any rounding, because it is already to the ten.

A warehouse placed 10 equal weight bones on a scale. Total they weighed 6 pounds. Each
box weighed
of a pound

Answers

Maybe it is 10x6=60 sorry if incorrect

6+13+20...+(7n-1) Find the sum.

Answers

Answer:

2.5n+3.5n^2

Step-by-step explanation:

(6+7n-1)*n/2=2.5n+3.5n^2

Liam had $250. Then, he and his classmates bought a present for their teacher, evenly splitting the $p cost
among the 24 of them.
How much money does Liam have left?
Write your answer as an expression.
$=

Answers

Answer:

250 - [tex]\frac{p}{24}[/tex]

Step-by-step explanation:

Since we have given that

Amount that Liam has = $250

Amount that he and his classmates spent on  present for their teacher =$p

Number of students in which $p will split = 24

According to question,

Amount that left to Liam is given by

250 - [tex]\frac{p}{24}[/tex]

Hence, the required expression will be

250 - [tex]\frac{p}{24}[/tex]

(Hope this helps can I please have brainlist (crown)☺️)

I need help with number 9 please

Answers

Answer:

29.85

Step-by-step explanation:

1 month = 9.95

2 months = 19.9

3 months= 29.85

It shows the progression through three months and how much it was starting off from one month.

Answer: $29.85

per day it charges $9.95

she has the subscription for three months

we will then multiply the amount charged per month

$9.95 x 3 = $29.85

I hope this helps! :)

4. 8 is what percent of 18?

Answers

Answer:

the answer is 26.6666667 and when rounded off is 26.7

59 oz = ____ lb ______oz
Explain yourselves

Answers

Answer:

3 lb 11 oz

Step-by-step explanation:

Divide 59 by 16

Answer:

3 pound and 11oz

Step-by-step explanation:

hop3 this helps

Teddy has 23 boxes of juice packed and plans to pack 3 additional boxes each hour. Charley has 7 boxes packed and plans to pack 5 additional boxes each hour. The equation below represents when Teddy and Charley will have packed the same number of boxes, based on x number of hours.

23 + 3x = 5x +7

After how many hours will Charley have packed the same number of boxes of juice as teddy?

Answers

Answer:

8 hours

Step-by-step explanation:

23 + 3x = 5x + 7

     - 3x   -3x

23 = 2x + 7

-7          - 7

16 = 2x

16/2 = 2x/2

x = 8

Answer:

BillyBob got it right, well explained..

Step-by-step explanation:

Help help help
Help hep help

Answers

Answer:

-2

Step-by-step explanation:

-4x-2x ≤ 17-5

-6x ≤ 12 | /(-6)

x ≥ -2

Hi! ❤️ , im looking for some (accurate) help here.

ill give brainliest if able to.

Answers

Answer:

A

Step-by-step explanation:

70000 is 100 times greater than 700  

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