Frank invests $1,000 in simple interest investment account that pays 8% a year. After a number of years, he withdraws his balance of $2,200. Using the formula I = P r t, how many years was his money invested? Work backwards-but find the Interest first!

Answers

Answer 1

Answer:

15 years

Step-by-step explanation:

Given data

P=$1,000

R=8%

A= $2200

I= A-P

I=2200-1000

I=$1200

Applying the formula

I=PRT/100

1200=1000*8*T/100

cross multiply

1200*100= 8000T

120000= 8000T

divide both sides by 8000

T=120000/8000

T=15  years

Hence the time is 15 years


Related Questions

each load of laundry cost 6 quarters at the laundromat indepentdent and dependent varible which is dependent and independent?

Answers

independent is the number of loads

dependent is the total cost

I need some help here please​

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Answer:

d. raíz de 44

[tex] \sqrt{48 \\ } [/tex]

I believe the answer is D.

That’s because in radicals if there’s a square inside they square root that and put it on the outside. For example for √8, it would be 2√2, since the four can be square rooted, and there is still a 2 left inside the square root. For √48, there is a sixteen inside so you square root the 16 and get 4√3. Hope this helps

a) Simplify
X-2
7(x - 2)2

Answers

Answer:

the fist u cant simply is it will be x - 2

second is 14x-28

Step-by-step explanation:

Match each expression to its exponential form.

Answers

Answer:

[tex]\frac{4^{2} }{2^{2} }[/tex] = 4

(8-4)x4 = [tex]4^{2}[/tex]

[tex]2^{2} +2^{2}[/tex] = 8

Step-by-step explanation:

To solve the first one simplify the exponents and then divide them; [tex]4^{2}[/tex] equals 16 and [tex]2^{2}[/tex] equals 4. Therefore the expression is 16/4, which equals 4.

Follow PEMDAS to solve the next one. First paratheses, (8-4) equals 4. Then, multiply by 4. 4x4 can also be rewritten as [tex]4^{2}[/tex].

Simplify the exponents to solve the last expression. [tex]2^{2}[/tex] is 4, so the expression is equal to 4+4, which is 8.

How do I solve 3/2x-7=17

Answers

x = 16

djehshshshwhhw

Answer:

x = 0.06 if 3 is over 2x

Step-by-step explanation:

[tex]32/8 = 40/h[/tex]

Answers

If you are solving for h the answer is 10
First you reduce the fraction with 8 so your get
4=40/h
Then you multiply both sides by h and you get
4h=40
After that you divide both sides by 4
And your answer is
h=10

I NEED HELP AGAIN PLEASE HELP MEEEE

Answers

Answer:

The answer for this proportion is 6/10 ft

At a hardware store, a tool set normally costs $80. During a sale this week, the tool set costs $12 less than usual. What percentage of the usual price is the savings? Explain or show your reasoning. Use whatever strategy you would like.

Answers

Answer: 15%

Step-by-step explanation:

The usual price is $80.

This week however, the set sold for $12 less than this usual price of $80.

Savings therefore are $12 because people save $12 by buying it at $12 off.

Percentage of usual price:

= Savings / Usual price * 100%

= 12 / 80 * 100%

= 0.15 * 100

= 15%

The ratio of adult to children is 5:2, There are 35 adults at the museum, how many children are there

Answers

Answer:

14 children

Step-by-step explanation:

If we know the ration, and we are given the adults, we can set up a proportion in order to solve for the amount of children there are.

5:2=35:x

5x=35*2

5x=70

x=14

There are 14 children

solve for x 4x - 3 = 6x + 2 ?

Answers

Answer:

x = -5/2

Step-by-step explanation:

State the slope and y-intercept of the graph of y+2x=3

Answers

Answer:

Slope(m)=2x

y-intercept(b)=3

Step-by-step explanation:

Answer:

Slope is -2x, Y-Intercept is 3

Step-by-step explanation:

You need to isolate the "y" to get the answer, all you need to do is subtract the "2x" from both sides

23. Sara is playing a board game. The probability
that Sara will score a point on her next turn is
Which statement describes the probability that
Sara will score a point on her next turn?
3.
A. likely
B. certain
C. unlikely
D. impossible
PLZ PLZ PLZ HELP ME :,(

Answers

C. Unlikely since it isn’t impossible or likely.

Find a solution to the linear equation −8x−y=24 by filling in the boxes with a valid value of x and y

Answers

Answer:

X= 24+7/8 | Y=  24-8x

Steps for answers:

For X:

1. Add y to both sides.

-8x=24+y

2. Divide both sides by -8.

x=-24+y/8

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

For Y:

​1. Add 8x to both sides.

-y=24+8x

2. Multiply both sides by -1.

y=-24-8x

Done by NeighborhoodDealer :

Rewrite the faction with the indicate deramnator

9/2 = ?/12?

Answers

Answer:

54

Step-by-step explanation:

9/12=x/12

9*12=108

108/2=54

Answer:

54

Step-by-step explanation:

2 times 5= 12

9 times 6= 54

so 9/2=54/12

Jill owns a salon and she submit a PPP loan application . Jill is a sole proprietorship with no employees. Jill submit her 2019 IRS Form and schedule C her Gross sales were $36,000 and her net profit loss was $12,000. What is the maximum possible PPP loan amount ?

Answers

Answer:

Jill's maximum possible PPP loan amount is $2,500

Step-by-step explanation:

The given parameters of the PPP loan application applied to by Jill is as follows;

Jill submits her 2019 IRS Form Schedule C with Gross Sales = $36,000

The net profit loss = $12,000

Therefore, Jill's monthly average net profit = $12,000 ÷ 12 = $1,000

Jill's PPP loan amount = 2.5 × Her monthly net profit

∴ Jill's maximum possible PPP loan amount = 2.5 × $1,000 = $2,500

Jill's maximum possible PPP loan amount = $2,500

About 0.2of all the students in the fifth grade are boys. If the fifth grade has ​75 students, how many of the students are ​?

Answers

Answer:

15 boys

Step-by-step explanation:

About 0.2of all the students in the fifth grade are boys. If the fifth grade has ​75 students, how many of the students are ​boys?

The number of boys can be calculated as:

0.2 × Number of fifth grade students

Number of fifth grade students = 75 students

Therefore,

The number of boys =

0.2 × 75 students = 15

The number of boys = 15 boys

The measure of angle D is 50⁰, the measure of angle E is 80⁰, and the measure of angle F is 10x . What is the value of x ?

Answers

By the interior angle theorem of triangles, the value of x is 5°.

What is a triangle?

A triangle is a three-sided closed-plane figure formed by joining three noncolinear points. Based on the side property triangles are of three types they are Equilateral triangle, Scalene triangle, and Isosceles triangle.

We know the sum of the interior angles in a triangle is 180°.

Given, In a triangle DEF the measure of angle D is 50⁰, the measure of angle E is 80⁰, and the measure of angle F is 10x .

Therefore, m∠D + m∠E + m∠F = 180°.

50° + 80° + 10x = 180°.

10x = 180° - 130°.

10x = 50°.

x = 5°.

So, The value of x is 5°.

learn more about triangles here ;

https://brainly.com/question/2773823

#SPJ5

helpppppp plz answer ​

Answers

Answer:D  1017

Step-by-step explanation:

what is sum 5x7 equal up

Answers

It’s the same thing as 5+5+5+5+5+5+5=35

PLEASE HELP I WILL GIVE BRAINALIST TO THE FIRST PERSON!!!!!!

Answers

Answer:

1.) 1   2.) [tex]\frac{1}{4^{2} }[/tex]   3.)[tex]\frac{7b^{3}}{a^{5}}[/tex] 4.)[tex]\frac{9a^{7}}{b^{6}}[/tex]  5.)[tex]\frac{1}{5^{2}}[/tex] 6.) [tex]\frac{8x^{3}}{27}[/tex]

Step-by-step explanation:

Show me How much is 1 5/6 as a mixed fraction

Answers

Answer:11/6

Step-by-step explanation: hope it helped if it dint tell me what exactly what i need to do and ill do it :)

Answer:

I am not sure what you are asking for

Step-by-step explanation:

1 5/6 already is the mixed fraction, if you meant to put 1 5/6 as an improper fraction your answer would be 11/6.

Or if you possibly meant 15/6 as a mixed fraction your answer would be 2 3/6

If this is not the answer you were looking for, please correct me so I can help you out.

Which equations matches the graph shown below ?

Answers

Answer:

its y= -0.3(x-2)^2-5

Step-by-step explanation:

Help please and show work

Answers

So the radius is 7 inch which is given
Use the formula for the circumference which is 2xpiXradius
2x3.1415x7=44 to nearest integer

x-( 26 + 4) = 65
x = ?

Answers

X-(26 + 4) =65 the answer is x=95

Simply (square root) 36x^3

Answers

I dont get your question please give me a picture of it

Which of the following pairs of numbers is matched with its correct greatest common factor? Select two that apply.
A
The greatest common factor of 10 and 68 is 2.

B
The greatest common factor of 33 and 99 is 3.

C
The greatest common factor of 78 and 84 is 6.

D
The greatest common factor of 45 and 54 is 5.



I need the answer right now! It will be worth all of my points!!!!!!

Answers

Answer:

a and c

Step-by-step explanation:

10 and 68 is 2 and 78 and 84 is 6

I have $1000 invested in a coin worth $43000. If the coin reaches $100000 how much will I have invested?

Answers

Answer:

$2326

Step-by-step explanation:

I have $1000 invested in a coin worth $43000. If the coin reaches $100000 how much will I have invested?

To solve the above question, we have:

$43,000 = $1000

$100,000 = x

Cross Multiply

43000 × x = 100,000 × 1000

x = 100000 × 1000/43000

x = $2325.5813953

Approximately = $2326

Therefore, If the coin reaches $100000 you would have invested $2326

I need help asap!!!!!
Which of the following possibilities will form a triangle? (5 points)

Side = 15 cm, side = 6 cm, side = 8 cm
Side = 15 cm, side = 6 cm, side = 9 cm
Side = 16 cm, side = 9 cm, side = 6 cm
Side = 16 cm, side = 9 cm, side = 8 cm

Answers

Answer:

16 cm, side = 9 cm, side = 8 cm

Step-by-step explanation:

Jon invested a total of $1500 in two
simple interest accounts. Account A
earns 4% interest and Account B earns
6%. Jon earned a total of $80 interest
after one year. How much did Jon invest
in each account?
A $500 in A, $1000 in B
B $750 in A, $750 in B
C $1000 in A, $500 in B
D $1400 in A, $100 in B

Answers

Answer:

the answer is A.

Step-by-step explanation:

the length=2.3m and breath=90cm find the perimeter and area of rectangle​

Answers

Answer:

the length=2.3m and breath=90cm find the perimeter and area of rectangle

perimeter = 6.4mArea = 2.07m²

Step-by-step explanation:

length ( l ) = 2.3m breadth ( b ) = 0.9mperimeter = 2( l + b ) = 2 (2.3 + 0.9) = 2 × 3.2 = 6.4m

area = l × b = 2.3 × 0.9 = 2.07m²

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