Use the formula for simple interest to find the interest rate if a deposit of $1400 earned $490 of interest after 5 years,

Answers

Answer 1
Given the simple interest formula:

I = P•R•T

where:
I = interest
P = principal
R = interest rate
T = time (in years)

We can isolate R algebraically to find out the interest rate:

I = P•R•T

Divide both sides by P•T:

I / (P•T) = (P•R•T)/(P•T)

The formula for the interest rate is:
R = I / (P•T)

Substitute the given values into this formula to solve for the interest rate (R):

R = I / (P•T)

R = $490/ ($1,400 • 5 years)
R = $490 / $7,000
R = 0.07 or 7%

Therefore, the interest rate is 7%.

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Related Questions

How can 6.38 x 0.08 = 6.9768? (Show your steps please!)

Answers

Answer:

6.38 × 0.08 = 5,104 not 6,9768 .

step by step attached

Ben is a waiter at a restaurant. on Saturday, Ben got up at 6:30am, started work at X.am and finished work at X.pm. how long in hours did Ben work that Saturday​

Answers

Answer:

12 hours

Step-by-step explanation:

X = 6:30

From 6:30 am to 6:30 pm = 12 hr

The number of hours that Ben worked at the restaurant can be calculated by the expression, Xpm - Xam.

The number of hours that Ben worked can be represented as:

= Time he finished working - Time he started working

= X pm - X am

If for instance, he started work at 7 am and finished at 12 pm, he would have worked:

= 12 - 7

= 5 hours

The expression that shows the length of time he worked can therefore be concluded to Xpm - Xam.

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please answer this efwefrwgrehreherh

Answers

Answer:

2.8n.8n.8n.8n

option no. 4

The last option is the correct answer:

2 • 8n • 8n • 8n • 8n

Decomposing (8n)^4 into “8n • 8n • 8n • 8n” reflects the Power-to-Power Rule of exponents, (ab)^m = a^m • b^m.

The exponent, 4, doesn’t apply to 2 because it is outside the parenthesis.

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Predict the next term in the sequence of numbers.
2,5, 4, 10, 8, 20,

Answers

Answer: 16
Explanation: 2 x 4 = 8 ; 8 x 2 = 16

The next term of the sequence of the numbers 2, 5, 4, 10, 8, 20, is 16.

What is a squence?

A Sequence is a list of numbers that are in order. Sequence follows a particular pattern.

Therefore, let's study the pattern of the sequence to know the next term.

2, 5, 4, 10, 8, 20,

The pattern can be explained as follows;

2(2) = 4

5(2) = 10

10(2) = 20

8(2) = 16

Therefore, the next term of the sequence of the number is 16.

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Select the correct
function
that represents
this data.
1
2
3
4
5
Out
13
22
31
40
49
[?]
A. f(x) = 9x + 4
B. f(x) = 9x - 4
C. f(x) = (x/9) + 4

Answers

f(x) = 9x+4

here,9*1+4=13

9*2+4=22

9*2+4=31

.

.

.

Hey can anyone help me with this problem please and thank you !

Answers

Answer:

x = 16

Step-by-step explanation:

6x + 3 = 7x -19

3 + 19 = 7x - 6x

22 = x

so

=6x + 3

=6× 22 +3

=135°

then

=7x - 19

=7 × 22 -19

=135°

Answer:

(6x+3)=(7x-19)

-x+3=-19

-x=-22

x=22

Step-by-step explanation:

PLZ SOMEONE I NEED HELP

Answers

The answer should be B since the second half has to be negative right?

Hope this helps

Martin is selling chocolate bars for a fundraiser. His goal is to sell 500 chocolate bars to win the top prize. He can sell 11 per hour by standing in front of the local grocery store. He already sold 258, and he uses the equation 11x+258=500 to find out how many more hours he needs to sell for.

Solve for x.


Answers

Answer:

X=22

Step-by-step explanation:

258 ÷ 11 = 23.454 repeating. 22 = X is the closest answer to 23. High chance it is 22.

Which of the following number sentences is an example of the Distributive Property?


7 × (10 + 9) = (7 × 10) + (10 × 9)

7 × (10 + 9) = (7 + 10) x 9

7 × (10 + 9) = (7 × 10) + 9

7 × (10 + 9) = (7 × 10) + (7 × 9)

Answers

Answer:

d. 7 × (10 + 9) = (7 × 10) + (7 × 9)

Step-by-step explanation:

The format of writing numbers in distributive property is a(b+c) = (b)+(c)

We can see that in choice d. 7 × (10 + 9) = (7 × 10) + (7 × 9) it is in correct format of writing numbers in distributive property. Thus, choice d. is correct.

Verification:-

a(b+c) = (a×b)+(a×c)

7 × (10 + 9) = (7 × 10) + (7 × 9)

Help help please please

Answers

Answer:

[tex]a = \sqrt{63} [/tex]

PLEASE HELP!!! I"M STUCK ON THIS PROBLEM


Find the number of ordered pairs (m,n) which satisfy the system

4(m - n) &= 7(1 - n),
3/2n= 4-2m.

If there are infinitely many such pairs, enter the word infinite.

Answers

Answer:  0

There are no solutions to this system.

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

Explanation:

Let's simplify and rearrange terms for the first equation. The goal is to get it into the form Am+Bn = C, where A,B,C are constants.

4(m-n) = 7(1-n)

4m-4n = 7-7n

4m-4n+7n = 7

4m+3n = 7

Let's do the same for the second equation

(3/2)n = 4 - 2m

3n = 2(4-2m)

3n = 8 - 4m

4m+3n = 8

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

The result of each simplification is that we ended up with 4m+3n on the left hand side for each equation. The only difference is that we got 7 for the first equation and 8 for the next one.

This is a contradiction because 4m+3n can only equal one number at a time for any given (m,n) pair. It's like saying z = 7 and z = 8 at the same time, where z = 4m+3n. But z can only equal one value at a time.

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

In summary, the given system leads to a contradiction and the system is inconsistent. This means that there are no solutions. There are 0 ordered pairs (m,n) that make both original equations to be true.

The correct answer is there is exactly one ordered pair ([tex]m = \dfrac{73}{56}[/tex] , [tex]n = \dfrac{13}{14}[/tex] ) that satisfies the given system of equations.

Given

[tex]4(m - n) = 7(1 - n)[/tex]

[tex]\dfrac{3}{2} n = 4 - 2m[/tex]

First, simplify the second equation:

[tex]\dfrac{3}{2} n +2m = 4[/tex]

Now,  solve this equation for n:

[tex]n = (4 - 2m) * \dfrac{2}{3}[/tex]

[tex]n = \dfrac{(8 - 4m)}{3}[/tex]

Now, substitute this value of n into the equation [tex]4(m - n) = 7(1 - n)[/tex] :

[tex]4(m - \dfrac{(8 - 4m)}{3}) = 7(1 - \dfrac{(8 - 4m)}{3}[/tex]

[tex]m = \dfrac{73}{56}[/tex]

From the value of m, substitute it back into the equation for n:

[tex]n = \dfrac{(8 - 4m)} { 3}[/tex]

[tex]n = \dfrac{13}{14}[/tex]

The solution is one ordered pair  [tex]m = \dfrac{73}{56}[/tex]  and  [tex]n = \dfrac{13}{14}[/tex].

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work out the percentage change when a price of £70 is decreased to £49 ​

Answers

Answer:

30% decrease in price

Step-by-step explanation:

Since 70-49=21, we know that the price decreased by 30 pounds. The formula to find a percentage decrease is that you should then divide the original number(70) by 21(that equals 0.3!) 0.3 as a percentage would then be 30%, so the answer is there is a 30% decrease in price.

please help me solve b,c,d asap i need it in 10 min!!!

Answers

x/3 - 5 is the answer

Answer:

These answer are written in standard form

Step-by-step explanation:

D. The sum of four and twice a number = 2x+4

C. Seven more than three times a number, all multiplied by itself = 3x+7

B. Nine less than a number, all divided by three = [tex]\frac{n-9}{3}[/tex]

Solve the equation for the indicated variable. 2x - 3y = 15 for y.

Answers

Answer:

y=-5+2/3(x)

Step-by-step explanation:

take 2x-3y=15, then subtract 2x from both sides

       -2x      -2x

that gives you -3y=15-2x

divide by -3

-3y=15-2x

________

      3

that gives you y=-5+2/3(x)

How can unit analysis help you solve a conversion problem?

Answers

Unit analysis is a method used to convert from one unit of measure to another. In a unit analysis problem, we place measurements into fraction form, build a product of fractions, and eliminate unwanted units. The steps for performing a unit analysis are as follows: Determine what conversion facts are needed

Solve this problem |6-2x| = 4

Answers

the answer is 14 !

Step-by-step explanation:

sorry i think its 14 its 14 beacuse if u subtract 16-2=14 14x1=14

Solve the inequality 5x < 16 + x.

Answers

Answer:

add x to 5x to get 6xdivide 16 by 6 to get x alone then whatever 16÷6 is, that is the solution

Answer:

x < 4

Step-by-step explanation:

Tickles has received 20% of his IV fluids from her 250mL bag, how many mLs has she received?

Please show work!

Answers

Answer:

50 mL

Step-by-step explanation:

<33

Answer:

50mL

Step-by-step explanation:

20% = 1/5

1/5 of 250 is 50

Therefore, she received 50mL of IV fluids.

Hope this helped!

the perimeter of a rectangle is 302 the length is 131 more times than the width find the length and width ​

Answers

Answer:

1.300

Step-by-step explanation:

The length and the width get multiplied and your answer would be 1.300

The driving distance from Los Angeles to a Chicago is 2,054 mi. The distance from Chicago to Boston is 983 mi. About how many miles is the drive from Los Angeles to Boston though Chicago?

Answers

Step-by-step explanation:

given :

The driving distance from Los Angeles to a Chicago is 2,054 mi. The distance from Chicago to Boston is 983 mi.

so, the numbers of mile driving from Los Angeles to Boston though Chicago =

2,054 + 983 = 3.037 mi

11. Juan paid $25.75 on a loan. Then he
borrowed $12.00. He now owes $19.80.
How much did he owe before making the
payment and borrowing the $12.00?
$

Answers

He owned 33.55 dollars

In the diagram, how many circles are there for each square?
OA. 1
OB. 2
OC 12
OD. 18

Answers

Answer:

there are 2 circles for each square

Answer:

OC 12

Step-by-step explanation:

:)

√(−x^2+3x−2)=4
Find the domain and solve.

Answers

Answer:

lol this is easy use a cal  4 x

Step-by-step explanation:

2 math problems! Find the exact value of: (in picture) Please someone help me, thank youu​

Answers

Answer

[tex]\frac{4}{5}[/tex];0

Step-by-step explanation:

Log3 81- loge 1=4-0=4

And then 2 minus negative 3 is 5 so the answer is 4/5

144, 0

Please help me on this question

Answers

Answer:

Angle 4 and angle 5 also equal 180

Because angles 4 and 5 are supplementary angles (two angles that add to 180) and because 4 and 5 equal 180 that means that 5 equals 6. So 5 and 6 are congruence angels

Help me pls thank you

Answers

Answer:

7

Step-by-step explanation:

To solve this, we have to solve for h.

We can use order of operations to figure this one out.

[tex]18h-9h-7h+3=17\\18h-9h-7h=14[/tex]

Now that every variable on the left side of the equation has an h, we can factor.

[tex]h(18-9-7)=14\\h=\frac{14}{18-9-7} \\h=\frac{14}{2} \\h=7[/tex]

Answer:

6

I just did some trial and error with the numbers

186-96-76+3=17

Unless I did it wrong, then just ignore this answer

3x + 4y = 8
Is it linear? If so how do I graph it

Answers

Yes it is linear
It is a negative slope
I am attaching pic of graph
The slope is -3/4
Y intercept is (0,2)

which expression represents the phrase “one third the sum of 12 and a number”?

Answers

Answer:

ignore this

Step-by-step explanation:

5-7=21

Can someone pls help me with this under 20 mins and give step by step explanation and will give BRAINLIEST ANSWER WILL REPORT IF FIDNT EXPLAIN THE SPECIFIC ANSWER

Answers

Answer:

-45

Step-by-step explanation:

Get a common denominator

4y/9-6y/9=10

-2y/9=10

Multiply by 9

-2y=90

Divide by -2

y = -45

Write the equation of the vertical line that goes through the point
(3, 4).

Answers

9514 1404 393

Answer:

  x = 3

Step-by-step explanation:

The equation of a vertical line is ...

  x = constant

If you want the line to go through a point with an x-coordinate of 3, then the constant must be 3.

  x = 3 . . . . . . .vertical line through (3, 4)

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