Emma puts $10,000 in a simple interest account at a bank. She will earn $1,800 in 4 years. What is the annual interest rate for the account?.

Answers

Answer 1

Answer: 4.5%

Explanation:

A = P(1 + rt)

A = final amount

P = initial principal balance

r = annual interest rate

t = time (in years)

A = 10000 + 1800 = 11800

11800 = 10000 (1 + r4)

1.18 = 1 + 4r

4r = 0.18

r = 0.18/4 = 0.045 = 4.5%

Answer 2

The required annual interest rate is  4.5% for the account.

What is the simple interest?

Simple interest is defined as interest paid on the original principal and calculated with the following formula:

S.I. = P × R × T, where P = Principal, R = Rate of Interest in % per annum, and T = Time, usually calculated as the number of years. The rate of interest is in percentage r% and is to be written as r/100.

A = P(1 + rt) ...(i)

First, we have to find the final amount

Initial principal amount (P) =  $10,000

Time (t in years) = 4

A = P + S.I.

A = 10000 + 1800 = 11800

Substitute the values in the above formula (i),

11800 = 10000 (1 + r × 4)

1.18 = 1 + 4r

4r = 0.18

r = 0.18/4 = 0.045 = 4.5%

Therefore, the required annual interest rate is  4.5% for the account.

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Explanation:

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Answer:

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Explanation:

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Answer:

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Explanation:

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A town has a population of 5000 and grows at 3. 5% every year. To the nearest tenth of a year, how long will it be until the population will reach 7300?.

Answers

Answer 11.0 Years

Solution:
set,
after
"x"
years
. the population
reach 7300.
sO
we can get
the
equation
5000 (1 + 3:594)*
=
7300
X=
In(3))
1n2)+3-5%)
write
an
1).0
equation according to the
question!

I need the answer one question one but if u have question 2 it's fine

Answers

Answer:

1.) 24

2.) 22.5

Explanation:

area of triangle =1/2×b×h

1.) b=8

h=6

a=1/2×6×8

a=24

ANSWER: D.) 24

2.). b=9

h=5

a=1/2×9×5

a=22.5

ANSWER: D.) 22.5

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Answers

Answer:

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Explanation:

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