Mathematics : asked on keee92
 08.05.2022

Vishal deposits $65 into a new savings account. The account earns 7.5% interest per year. No money is added or removed from the savings account for 3 years. What is the total amount of money in his account at the end of 3 years.

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Step-by-step answer

09.07.2023, solved by verified expert
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$Vishal deposits  into a new savings account., №18010392, 08.05.2022 12:13 After 3 years

Step-by-step explanation:

Use I P R T it's a method for simple interest

I = Interest

P = Amount of money

R = Percent in decimal

T = Time in years

I = Vishal deposits  into a new savings account., №18010392, 08.05.2022 12:13 (we dont know yet)

P = $Vishal deposits  into a new savings account., №18010392, 08.05.2022 12:13

R = Vishal deposits  into a new savings account., №18010392, 08.05.2022 12:13% Vishal deposits  into a new savings account., №18010392, 08.05.2022 12:13

T = Vishal deposits  into a new savings account., №18010392, 08.05.2022 12:13Vishal deposits  into a new savings account., №18010392, 08.05.2022 12:13

Steps:

1. Set up your numbers with the method I P R T.

2. $65 will be your amount of money.

3. 7.5% needs to be converted because you will need to multiply later on in the problem. Simply move 2 places to the left to convert your percent into a decimal.

4. They want to know the total amount of money in his account at the end of 3 years. So 3 years will be your time in years.

5. After setting up your problem you need to multiply your Amount of money x percent as decimal x time in years.

Vishal deposits  into a new savings account., №18010392, 08.05.2022 12:13Vishal deposits  into a new savings account., №18010392, 08.05.2022 12:13

6. After you find your interest you need to add your amount of money + interest.

Vishal deposits  into a new savings account., №18010392, 08.05.2022 12:13 Money after 3 years

hope this helped

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Faq

Mathematics
Step-by-step answer
P Answered by Master

$79.23 After 3 years

Step-by-step explanation:

Use I P R T it's a method for simple interest

I = Interest

P = Amount of money

R = Percent in decimal

T = Time in years

I = x (we dont know yet)

P = $65

R = 7.5% = 0.075

T = 3years

Steps:

1. Set up your numbers with the method I P R T.

2. $65 will be your amount of money.

3. 7.5% needs to be converted because you will need to multiply later on in the problem. Simply move 2 places to the left to convert your percent into a decimal.

4. They want to know the total amount of money in his account at the end of 3 years. So 3 years will be your time in years.

5. After setting up your problem you need to multiply your Amount of money x percent as decimal x time in years.

65(0.075)(3)=14.63\\Interest\\

6. After you find your interest you need to add your amount of money + interest.

65 + 14.63 = 79.23 Money after 3 years

hope this helped

Mathematics
Step-by-step answer
P Answered by PhD

SI=(P*R*T)/100

P=2000

R=1.5

T=6

SI=(2000*1.5*6)/100

=(2000*9)/100

=180

Neil will earn interest of 180

Mathematics
Step-by-step answer
P Answered by PhD
Answer: 440 grams for 1.54 is the better value
Explanation:
Take the price and divide by the number of grams
1.54 / 440 =0.0035 per gram
1.26 / 340 =0.003705882 per gram
0.0035 per gram < 0.003705882 per gram
Mathematics
Step-by-step answer
P Answered by PhD

Cost of 7 gallons=$24.50

Cost of 1 gallon=24.50/7=3.5

Cost of 15 gallons=15*3.5=52.5

Cost of 15 gallons will be $52.5

Mathematics
Step-by-step answer
P Answered by PhD

The answer is in the image 

The answer is in the image 
Mathematics
Step-by-step answer
P Answered by PhD

y=2x+15

where y=Value of coin

x=Age in years

Value of coin after 19 years=2*19+15

=$53

Therefore, Value after 19 years=$53

Mathematics
Step-by-step answer
P Answered by PhD
The answer is in the image 

The answer is in the image 

Mathematics
Step-by-step answer
P Answered by PhD

F=ma

where F=force

m=mass

a=acceleration

Here,

F=4300

a=3.3m/s2

m=F/a

    =4300/3.3

    =1303.03kg

Approximately it is aqual to 1300kg

Mathematics
Step-by-step answer
P Answered by PhD

The solution is given in the image below

The solution is given in the image below
Mathematics
Step-by-step answer
P Answered by PhD

The wood before starting =12 feet

Left wood=6 feet

Wood used till now=12-6=6 feet

Picture frame built till now= 6/(3/4)

=8 pieces

Therefore, till now 8 pieces have been made.

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