Daniel deposits a certain sum of money in a bank. If the simple interest rate of the bank decreases from 3.75% per annum to 3.5% per annum, Daniel's interest will increases by $50 in a year. Find the sum of money he deposits.


The answer is $20000 but I don't understand how. Please give a step-by-step explanation.

Answers

Answer 1

Answer: $20,000

Step-by-step explanation:

Given

Interest decreases from 3.75% to 3.5% in a year

This change in the rate of interest brings a yield of 50$

Earlier interest was

[tex]S.I_e=\dfrac{P\times 3.75\times 1}{100}[/tex]

Now, interest is

[tex]S.I._n=\dfrac{P\times 3.5\times 1}{100}[/tex]

change gives 50$ i.e.

[tex]\Rightarrow \dfrac{P\times 3.75\times 1}{100}-\dfrac{P\times 3.5\times 1}{100}=50\\\\\Rightarrow \dfrac{P\times (3.75-3.5)\times 1}{100}=50\\\\\Rightarrow P=\dfrac{50\times 100}{0.25}=\$20,000[/tex]


Related Questions

solve for x.
x²= 16

a-8
b-4
c-32
d-64​

Answers

Answer:

a

Step-by-step explanation:

you can do 16 divided by 2 to get the answer

I have 12 apples, but I take 2, 3 are molding, 1 has a worm in it, I'm eating 1, and 3 fell on the floor... how much apples do I have?

Answers

Answer:

12 counting the one you're eating

Step-by-step explanation:

The Green family went camping one summer. The campsite charges $65.00 a day for the space and provides food for $8.00 a person per day. If the Green family went camping for 5 days and spent $525, how many people are there in the Green family?

Answers

Answer:

5 people

Step-by-step explanation:

Evaluate (8 x 10-3) +0.45 – (7 X 10-2). Write your answer in
scientific notation.

Answers

Answer: 80 x  −  60.55

Help!!!!
There is one dot at 3.45. What does that value
represent?
A school administrator claims that the average GPA of
the senior class is 3.53. You think that the average GPA
is greater than that, so you select a random sample of
100 seniors and calculate their average GPA. The
sample mean GPA is 3.70.
Using technology, you simulate selecting 100 SRS of
size n = 100 from a population of seniors for which the
mean GPA is 3.53. This dotplot shows the results.
O In one simulated SRS of 100 students, the average
GPA was = 3.45.
In one simulated SRS of 100 students, the
population mean GPA was u = 3.45.
There is a 1 out of 100 chance that the population
mean GPA is = 3.45.
O A majority of the sample of 100 students had a GPA
of r = 3.45.

Answers

Answer: In one simulated SRS of 100 students, the average GPA was x= 3.45

Step-by-step explanation:

Each dot in the dot plot in representation of one sample of 100 students, also I just turned it in

Answer:

A

Step-by-step explanation:

EDGE

Drag each sequence to show whether it is a linear function, an exponential function, or
not a function.


I will give you 20 brainiest points!! Please help.

Answers

Answer:

Step-by-step explanation:

From the picture attached,

Option A

From the given table,

Ratio of the 2nd value and 1st value = [tex]\frac{8}{4}=2[/tex]

Ratio of 3rd value and 2nd value = [tex]\frac{16}{8}=2[/tex]

There is a common ratio of 2.

Therefore, the given table will represent an exponential function.

Option B

Given recursive formula of the sequence is,

[tex]A_1=3[/tex]

[tex]A_n=5.A_{n-1}[/tex]

From this recursive formula sequence will be,

3, 15, 75, 375,.......

Therefore, it's an exponential function.

Option C

[tex]F_n=3n+17[/tex]

Given function is in the form of a linear function (y = mx + b),

Therefore, it's a linear function.

Option D

From the given table,

Difference between 2nd value to the 1st value = 8 - 4 = 4

Difference between 3rd value to the 2nd value = 12 - 8 = 4

Therefore, there is a common difference of 4 in each successive term to the previous term.

Hence, the given table represents a linear function.

Answer:

above me will also work for problems in the photo below

Step-by-step explanation:

I did the problem

if a bakery offers, tuna, and vegetable sandwiches on a plain or onion bagel how many possible sandwiches are there?

Answers

Answer:6

6

66

66

6

6

66

6

6

6

6

6

Step-by-step explanation:

6 sandies sir/ma'am have fun

The perimeter of a rectangle is 76cm.
Its longest side has a length of 29cm.
State the length of the shortest side.

Answers

Answer:

The length would be 9cm

Step-by-step explanation:

Because the perimeter is 76, you have to add 29 to 29 which equals 58, then you have to subtract 58 from 76, which is 18. The last episode is divide 18 by 2 because re are two sides remaining. So  answer would be 9. To check the answer you can add 29+29+9+9

How to multiple and divided fractions

Answers

Answer:

Search up on youtub.e "How to multiply and divide fractions"

Step-by-step explanation:

Answer:

Step-by-step explanation:

To multiply fractions, all you have to do is multiply the numerators and denominators and simplify the result. To divide fractions, you simply have to flip the numerator and denominator of one of the fractions, multiply the result by the other fraction, and simplify.

Can you help me, please?

Answers

Answer:

(5,27)

Step-by-step explanation:

parabolas are symmetrical around the vertex. therefore x axis crossing points are equidistant from the vertex.

f(x) cross x axis when x=2 and x=8

the mid point of 2 and 8 is 5.

f(5)=-3(5-2)(5-8)

f(5)=27

vertex=(5,27)

what is the midpoint of the line segment with endpoints (-5.5, -6.1) and (-0.5, 9.1)?

Answers

Answer:

(-5/2, 3/2)

Step-by-step explanation:

[(-5.5+.5)/2, (9.1-6.1)/2)} = (-5/2, 3/2)

Help please! Thank you will make brainly

Answers

Answer:

he can buy 7 video games

Step-by-step explanation:

Answer: He can buy up to 7 video games

Step-by-step explanation:

You can't buy .8 of a video game so you have to round down to the nearedt whole number which is 7

Two teams are playing in the finals for an adult softball league. Each team has 13 players and the ages of the team members are shown in the tables. Which statement is true?
A) The mean for team 1 is greater than the mean for team 2.
B) The median for team 1 is greater than the median for team 2.
C) The median for team 2 is greater than the median for team 1.
D) The value of Q1 for team 1 is greater than the value of Q1 for team 2.

Answers

Don't you hate the people with the website. The answer is c

Answer:

B

Step-by-step explanation:


Help me please I need this ?!!!!!!

Answers

Answer:

16x^4 y^2

Step-by-step explanation:

What is the area of this triangle m2

19 m
22m

Answers

uhhh i don’t really know good luck figuring it out!!


For a suitcase to be checked on a flight (instead of carried by hand), it can weigh at most 50 pounds. Andre’s suitcase weighs 23 kilograms. Can Andre check his suitcase? Explain or show your reasoning. (Note: 10 kilograms ≈≈ 22 pounds)

Answers

Answer:

No, I don't think so.

Step-by-step explanation:

If his suitcase weighs 23 kg and 10 kg is 22 pounds. You could seperate it. 10, 10, and 3 meaning 22+22= 44. This would mean that 1 kg would equal about 2.2 a pound. So 44 + ( 2.2 x 3 ) = 50.6 kg.

It would be 0.6 k.g over. I think this is right unless I calculated this wrong.

Andrew can not check his suitcase and it needs to remove some items or repack it in order to reduce the weight.

What are Units ?

To measure and compare various things we use one term which is known as a unit.

For example, for  length measurement we use units like:- metre, centimetre, inch, miles.

To determine if Andre can check his suitcase, we need to convert the weight of his suitcase from kilograms to pounds since the weight limit for checked luggage is given in pounds.

Given that 10 kilograms ≈ 22 pounds, we can convert Andre's suitcase weight of 23 kilograms to pounds by multiplying it by the conversion factor:

23 kilograms x 22 pounds/kilogram ≈ 506 pounds

Therefore, Andre's suitcase weighs approximately 50.6 pounds, which exceeds the weight limit of 50 pounds.

Therefore, Andre cannot check his suitcase and needs to remove some items or repack it to reduce the weight below the weight limit.

To know more about Units check:

https://brainly.com/question/30168372

#SPJ3

I need help it's easy but not for me

Answers

Answer:

1. C. h = 2s + 75

2. J. c = 65m + 25

3. C. y = -3/5x + 3

4. F. T = 129c - 75

5. A. y = -0.5x -1

I will give BRAINLIEST to WHOEVER GETS IT RIGHT and can you please tell me how you solve your answer!!!!!!!!!!!!!!
Find the output, k, when the input, x, is -5. k = 6x + 100
y=?

Answers

You would substitute -5 for x in the equation so it would be k=6(-5)+100 so k=70

what is algbra
plz help me

Answers

Answer:

Algebra is math, like X, Y and all that.

Step-by-step explanation:

Answer:

algebra basically study of mathematical symbols and the rules governing the manipulation of these symbols as well.

Sue knitted a scarf for her friend June that was also 4 feet long. After a month, the length of June's scarf could be represented by the expression 3/3 x 4. How did the length of June's scarf change? Explain.

Answers

Answer:

There was no change in the length of June's scarf, that is, the length of it remained the same.

Step-by-step explanation:

Since Sue knitted a scarf for her friend June that was also 4 feet long and, after a month, the length of June's scarf could be represented by the expression 3/3 x 4, to determine how did the length of June's scarf change you must perform the following calculation:

Month 1 = 4

Month 2 = 3/3 x 4 = 1 x 4 = 4

Therefore, as can be seen, there was no change in the length of June's scarf, that is, the length of it remained the same.

Drag tiles to match each fraction, decimal, or percent to an equivalent number

Answers

24/25 = 0.96
3/5= 0.60
9/50= 0.18
26%= 13/50
0.35= 7/20

Which expression is equivalent to:1/2(x-8)+3x

Answers

Answer:

Step-by-step explanation:

1/2*(x-8)+3x=x/2-4+3x=3.5x-4

Hope this helps!

how do i solve this?

Answers

*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆**☆*――*☆*――*☆*――*☆

Answer: x = 110

Explanation:

We can see that both the sides are equal because of the lines on the sides of the triangle. That means that the angle on the other side is also 35, we also know that the total amount of degrees in a triangle is 180

So now we can do this equation:

35 + 35 + x = 180

70 + x = 180

x = 110

I hope this helped!

<!> Brainliest is appreciated! <!>

- Zack Slocum

*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆**☆*――*☆*――*☆*――*☆

Step-by-step explanation:

[tex]180 - (35 \times 2) = \\ = 180 - 70 = \\ = 110[/tex]

The sum of internal angles of a triangle is 180 and we have a triangle with 2 lengths that are the same. We can say that also the other angle is 35,so the result is 110

I need help ASAP plzzzz help

Answers

Answer:

D. X = 130 in.

Step-by-step explanation:

a² +b² =c² (Pythagorean theorem)

50² + 120²=c²

2,500 + 14,400 =c²

16,900 = c²

√16900 = √c²

130 = c

X = 130 in.

if 100 ml of rat poison is mixed with 2,5l of water then what would be the simplified poison water ratio ​

Answers

*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆**☆*――*☆*――*☆*――*☆

Answer: 1:25 ratio of rat poison to water

Explanation:

100:2500

10: 250

1:25

I hope this helped!

<!> Brainliest is appreciated! <!>

- Zack Slocum

*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆**☆*――*☆*――*☆*――*☆

explain the steps needed to determine the value of the expression below. 3(y-4)-7y+3/4

Answers

Answer:

3(y-4)-7y+3/4=3y-(3)(4)-7y+3/4=-4y-12/1+3/4=-4y+(-12×4+3)/4=-4y-45/3

What does reduce mean and which scale factor could be an example of a reduction?

Answers

Answer:

The scale factor describes the size of an enlargement or reduction. For example, a scale factor of means that the new shape is twice the size of the original. Reduce means to make smaller, to lessen a amount.

Step-by-step explanation:

An example of a scale factor of reduction is 1:25

Enlarging scale means that the drawing is larger than the actual object. Hence the representative fraction will be greater than unity. For reducing scale the representative fraction is less than unity.

So now looking at 1:25, we see it's a reduction scaling because it's fraction is less than unity.

And what 1:25 means is that 1 on paper while the actual size of the object is 25

Write an expression for “seven less than three halves of z”

Answers

Answer:

7- 3/2Z

thank for points and pick me brainliest pls!

How can we eliminate the fraction?
y = - - 2

Answers

Answer:

multiply each term on both sides by 4

Step-by-step explanation:

HELPPP ASAP!!!

How many cubes are in this set?

Answers

Answer:

7

Step-by-step explanation:

7 because it's not asking for squares it asking for cubes

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