Mathematics Middle School

Marsha deposited ​$6,500 into a savings account 3 years ago. The simple interest rate is ​2%. How much money did earn in​ interest?

Answers

Answer 1

Answer:

6,897.25$ raw

397.25$ earned

Step-by-step explanation:

6,500(.02) = 130 + 6500

6630(.02) = 132.6 + 6630

6762.6(.02) = 135.25 + 6762.6

6,897.25$

Answer 2

the Money he earns in interest is 390$ and his new account balance would be 6890$.

What is simple interest?

Simple interest is the amount of interest charged on a specific principal amount at a specific interest rate. Compound interest, on the other hand, is the interest that is computed using both the principal and the interest that has accumulated over the preceding period.

given, Marsha deposited ​$6,500 into a savings account 3 years ago. The simple interest rate is ​2%.

from the general formula of Simple interest:

Simple interest(SI) = p*r*t/100

where, p = principal amount

r = rate of interest

t = time

in our case

p = 6500, r = 2%, t = 3

Thus,

SI = 6500 * 2 * 3/100

SI = 390$

Thus total amount = 390 + 6500 = 6890

therefore, the Money he earns in interest is 390$ and his new account balance would be 6890$.

Learn more bout simple interests here:

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Related Questions

A rectangular prism is shown below. What is the lateral surface area?

Answers

Answer: 110 cm ^2 is the correct answer plz brainliest

Step-by-step explanation:

The formula for a prism is :
Volume = area x height - V=Ah
Is the picture missing the bottom length?
If it is you can rearrange the formula to :
A = V divided by h
I hope this helps!!

Please Help if it lets me will give brainliest

Answers

Answer:

Line 1=c

Line 2=d

Line 3=a

Line 4=b

Step-by-step explanation:

line 1 c line 2 d line 3 a line 4 b

Algebra 1 brainilest if correct tyyy

Answers

Answer:

Option 3

Step-by-step explanation:

This option is only representing 8th period students, therefore it's not a variable.

What is the value of x in the model below?
x x x AA
X
х
Х
O 3
O-1
0-2
O-3
​

Answers

Answer:

3, solve according to the attached picture :)

HHhHeEELELLLoOoOooOOOOOoOoOo

AhaHAHAAhaahha DoOdIE

yeah please help me

both mentally and with le question

Answers

Answer: Wassup
Explaination: Good luck
I believe the answer is 6 units

is (3,8) part of the system? yes or no

Answers

Answer:

no

Step-by-step explanation:

no

short explanation: no

Select ALL statements that show correct reasoning for finding 14/15 ÷ 7/5.
a. Multiplying 14/15 by 5 and then by 1/7.
b. Dividing 14/15 by 5, and then multiplying by 1/7.
c. Multiplying 14/15 by 7, and then multiplying by 1/5.
d. Multiplying 14/15 by 5 and then dividing by 7.

Answers

The correct reasoning for finding 14/15 ÷ 7/5

Multiplying 14/15 by 5 and then by 1/7.Multiplying 14/15 by 5 and then dividing by 7

What is Fraction?

The fractional bar is a horizontal bar that divides the numerator and denominator of every fraction into these two halves.

The number of parts into which the whole has been divided is shown by the denominator. It is positioned in the fraction's lower portion, below the fractional bar.How many sections of the fraction are represented or chosen is shown in the numerator. It is positioned above the fractional bar in the upper portion of the fraction.

Given:

14/15 ÷ 7/5

Now, For dividing both of fraction

First, Multiplying 14/15 by 5

and, then Multiplying the resultant value of (14/ 15 x 5) by 1/7.

Also, it can be written as Multiplying 14/15 by 5 and then dividing by 7

Learn more about fraction here:

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Find the area of this polygon (composite figure). Remember your units.


Please have an explanation in words! (I would like to understand how to do it myself.)

Answers

So u can see a rectangle and a triangle
Area of the rectangle is 7 x 12 = 84ft
Area of the triangle= base x height divided by 2
So 6 x 12 = 72. 72/2 = 36ft
Then u add both areas
36 + 84 = 120ft
Hope this helps!
So you do 7x12 and you get 63 then you do (12x6)/2 and get 27 then you do 63+27 and get 90 (you divide the 12x6 by two because it’s a right triangle)

You pick a card at random.

5678

What is P(6)?

Write your answer as a percentage.

Answers

I think the answer is 1/4
The other persons answer wasnt a percentage so 1/4 as a percent is 25%
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