Mia deposited $2,500 in an account that earned simple interest annually. She did not make additional deposits; she did not make withdrawals.



At the end of 6 years, the balance was $3,025. What is the interest rate on this account?

Answers

Answer 1
The percent is 5.25%
Answer 2

The interest rate on Mia's account is 20.17%.

What is the simple interest?

The borrowing amount is just the principal amount multiplied by the simple interest rate.

Given, Mia deposited $2,500 in an account that earned simple interest annually. She did not make additional deposits; she did not make withdrawals.

The formula to calculate the simple interest is;

                                                 S.I. = P x T x R / 100 ,

Where S.I. is simple interest , P is principal amount, T is time period and R is interest rate in a year.

We have, P = $2500 T = 6 years, S.I. = $3025

Substituting all the values in the formula;

3025 = 2500 x 6 x R / 100

R = 3025 x 100 / 15000

R = 20.17%

Therefore, the interest rate is 20.17%.

To learn more about the simple interest; https://brainly.com/question/25845758

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Related Questions

Divide.Enter the quotient in simplest form

7/10 divided by 4/5

Answers

Answer:

7/8

Step-by-step explanation:

7/10 divided by 4/5 = 7/10 x 5/4 = 35/40 divided by 5/5 = 7/8

the answer is 7/8 and that is in the simplest form

POSSIBLE POINTS: 6.67
0
Ross is working on a project for art class using a computer graphics program. Ross wants to
create a rectangular framework for the final graphic. The area to be enclosed by the
framework is represented by the expression 5x2 + 8x - 4. What expressions can be used to
represent the length and width of the rectangular framework?

Answers

the expression for this question of 5x3+8x - 4 would be

Please answer <3
❤️URGENT 20 EACH❤️ty

Answers

Answer:

x=7

Step-by-step explanation:

∠STP=∠SWT+∠TSW(exterrior ∠ of Δ)

15x=7x+1+7x+6

x=7

Determine whether the function is proportional or nonproportional. y = 3x -
1*
May someone please explain how to do this

Answers

Answer:

y=1/2x

Step-by-step explanation:

we know that

A relationship between two variables, x, and y, represent a proportional variation if it can be expressed in the form  or

In a proportional relationship the constant of proportionality k is equal to the slope m of the line and the line passes through the origin

Verify each case

Someone please help with this asap!! I will mark brainliest if it's right! Serious answers only !!!

Answers

Answer:

1) given

2) given

3) definition of vertical angles

4) AAS

Step-by-step explanation:

1) given

2) given

3) definition of vertical angles

4) AAS

is the answer to the question

_________________________ 6​Harry is planning a holiday for 4 people for 7 days. Here are the costs for the holiday for each person. Travel​£150 Hotel​£50 for each day Spending money​£250 Work out the total cost of the holiday for 4 people for 7 days.

Answers

Answer: $3,000

Step-by-step explanation:

The cost for a single person is:

Travel      £150

Hotel       £50 for each day

Spending money       £250

Hotel is the only one that changes per the number of days so the total cost for a single person for 7 days is:

= 150 + (50 * 7) + 250

= 150 + 350 + 250

= $750

There are 4 people so the total cost will be:

= 750 * 4 people

= $3,000

Katrina is asked to simplify the expression Negative 3 a minus 4 b minus 2 (5 a minus 7 b).

She writes: Negative 3 a minus 4 b minus 2 (5 a minus 7 b) = negative 3 a minus 4 b minus 10 a + 14 b

Answers

Answer:

It's C

Distributive property

Step-by-step explanation:

19,2,14,8,11,10,4,15 find the mean

Answers

Answer: 10.375

Step-by-step explanation:

mean = average

Finding the average, means you need to add all the numbers up, and then divide it by the total amount.

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

First Step: add them up

19+2+14+8+11+10+4+15=83

Second Step: count the amount of numbers

8 numbers in total

Third Step: divide the total amount over numbers

83/8=10.375

Hope this helps!! :)

Please let me know if you have any questions

[tex]\huge\text{Hey there!}[/tex]

[tex]\large\text{When you hear the word \underline{MEAN} think of the question asking for the}\\\large\text{\underline{AVERAGE}. When we find the mean/average we have to ADD}\\\large\text{all of your TERMS, then DIVIDE the total numbers you have!}[/tex]

[tex]\bold{Set: 19,2,14,8,11,10,4,15}\\\bold{Add: 19 + 2+14+8+11+10+4+15}\\\bold{Divide: 8\ because\ thats\ the\ total\ number\ we\ have\ in\ your\ given\ set}[/tex]

[tex]\bold{Equation: \dfrac{19 + 2+14+8+11+10+4+15}{8}}\\\\\bold{Numerator\rightarrow19+ 2+14+8+11+10+4+15}\\\bold{19+2=21}\\\bold{21+14+8+11+10+4+15}\\\bold{21+14=35}\\\bold{35+8+11+10+4+15}\\\bold{35+8=43}\\\bold{43+11+10+4+15}\\\bold{43+11=54}\\\bold{54+10+4+15}\\\bold{54+10=64}\\\bold{64+4+15}\\\bold{64+4=68}\\\bold{68+15}\\\bold{=83}[/tex]

[tex]\bold{Equation: \dfrac{83}{8}}\\\\\large\text{SOLVE above and you will have your answer!}\\\bold{\dfrac{83}{8}=10.375}\\\boxed{\boxed{\large\text{Answer: your MEAN is \bf{10.375}}}}}\huge\checkmark[/tex]

[tex]\large\textsf{Good luck on your assignment and enjoy your day!}[/tex]

~[tex]\frak{Amohitrite1040:)}[/tex]

Redraw the graph so that it is not misleading.​

Answers

Answer:

you need to redraw the left axis

Step-by-step explanation:

if you notice on the left axis the numbers do not increase by the same amounts, it goes up .10, then .20, then .30, etc

if should go up the same amount each time to accurately show the data

so it should go from 3.10 to 3.20 to 3.30 to 3.40 etc

Will give brainleist
Find the missing side.

Answers

Answer:

6.4

Step-by-step explanation:

Using Pythagoras Theorem

Where AB^2= AC^2+CB^2

Substitute,

C^2= 5^2+4^2

C2=25+16=41

Square root of √41= 6.4031

ILL MARK YOU EXTRA POINTS PLS HELP Point A is at (-1, -9) and point B is at (2, 4).
What is the midpoint of line segment AB?

Answers

Answer:

it's (1/2, -5/2)

Step-by-step explanation:

you can use the midpoint formula.

so do -1+2/2 , -9 +4/2 and then solve and you get the answer

Simplify the expression using properties of operations.

18t−3−5t+8

Answers

Answer:

13t+5

Step-by-step explanation:

what is the base if the height is 6ft and the area is 14 ft on a triangle ​

Answers

Answer:

b = 4.66666667

Step-by-step explanation:

The equation for finding the area of a triangle is

0.5b x h = a

b = base

h = height

a = area

So I calculated 14 divided by 6

And got 2.3333333

And since that number is half of the base, I multiplied it by 2

2.333 x 2 ≈ 4.66666667

a pencil costs 16p and a rubber costs 23p. bob purchases 18 pencils and 12 rubbers. Calculate how much he spends

Answers

Answer:

564p

Step-by-step explanation:

I hope this helps you.

Kyle's house has a taxable value of $139,000. His property tax rate is 0.25%. How much will Kyle have to pay in property taxes?
What is the answer????

Answers

Answer:

$347.50

Step-by-step explanation:

0.25% of 139000 = 0.0025 × 139000 = 347.5

pls help me for brainless
and 60points

Answers

Answer:

2nd

Step-by-step explanation:

Answer:

the orange one

Step-by-step explanation:

3x^2+x-2

3x^2 cant be broken down more because its a prime number. the only thing that can change is the x^2. the main difference between the blue and orange one is that the blue one has the second sign incorrect.

Apply the distributive property to create an equivalent expression. 5 × ( − 2 w − 4 )

Answers

Answer:

5(-2w)-(5x4)

Step-by-step explanation:

Answer:

5(-2w)-(5x4)

Step-by-step explanation:                                                                                  Hope this helps Can I be the Branliest?


How do you
Expand y(3+t)

Answers

Answer:

3y+ty

Step-by-step explanation:

you do y x 3= 3y

then you do t x y= ty

Please help me. 25 points.

Answers

Rounding to the nearest tenth is 5 and the height is 9 inches
8 inches = 4.5(4) = 18 feet

2/2 = 4.5/2 = 2.25 feet


Which means, if we add the product and quotient up, we’ll get 20.25 feet for the total height.


I believe it’s already rounded up.

Hi! need help asap xx

Answers

Answer:

C

Step-by-step explanation:

The 3 triangles are all similar.

Using the 2 inside then the ratios of corresponding sides are equal, that is

[tex]\frac{x}{3}[/tex] = [tex]\frac{12}{x}[/tex] ( cross- multiply )

x² = 36 ( take the square root of both sides )

x = [tex]\sqrt{36}[/tex] = 6 → C

Answer:

C) x = 6

because this is a right triangle

=> we have:

(12² + x²)(3² + x²) = (15x)²

<=> 1296 + 153x² + x⁴ = 225x²

<=> x⁴ - 72x² + 1296 = 0

<=> (x² - 36)² = 0

<=> x² = 36

=> x = 6

As a mixed number in its simplest form :)

4 1/2 ÷ 3/5

Answers

Answer:7.5

Step-by-step explanation:

Answer:

7 1/2

Step-by-step explanation:

1 over 8 as a negative exponent

Answers

Answer:

8⁻¹

Step-by-step explanation:

1/x = x⁻¹

8^-1 is the answer......

Work out the lengths of b of 17cm and 12cm pythagoras

Answers

Answer:

[tex]hypotenuse = \sqrt{ {17}^{2} + {12}^{2} } \\ = \sqrt{289 + 144 } \\ = \sqrt{433} [/tex]

Can someone solve this please: 54.69 rounded to the nearest integer

thank you <3​

Answers

Answer:

55

Step-by-step explanation:

55
Rounding up to an integer is rounding up to a whole number, 55 would be the nearest whole number!

NEED HELP ASAP!!!
Use Pythagorean Theorem to solve. Round to the nearest tenth *
7.2 cm
2.1 cm
х

Answers

Answer:

7.5

Step-by-step explanation:

A squared + B squared = C squared

7.2 squared + 2.1 squared = C squared

=7.5

x > -2

A number line going from negative 2 to positive 2.

Check all that are solutions of the inequality.
A. -2
B. 0
C. -3.75
D. 4 and two-fifths
E. 1.999
F. 347,595

Answers

Answer:

B, E

Step-by-step explanation:

0 and 1.999 are greater than -2 yet within the number line

Answer:

0

4 and two-fifths

1.999

347,595

Step-by-step explanation:

Got it right.

Hope this helps!!!

which point 1 on the number line?
0
1/6
A
B
C
D
Choose 1 answer
A
B
C
D

Answers

Answer:

kind of confusing to read

Step-by-step explanation:

FOR 40 POINTS!!!!! PLEASE ANSWER THE QUESTION!!!!!!!! And i will mark you brainlist

Classify the deposit investment:

You want to put a $30,000 down payment on a storefront for a new business that you plan on opening in 5 years. How much should you deposit quarterly into an account with an interest rate of 1.23%, compounded quarterly?

Answers

Answer:

jayfeather friend me

Step-by-step explanation:

$203,904

What amount would you have if you deposited $1,800 a year for 30 years at 8 percent (compounded annually)? $1,800 113.28 = $203,904 (TVM Table-Page 41) 5.

It is $203,904 hope I am right

Witch one would you pick


be honest

starbucks, bobo, tallys world , or boba... you pick say in order what your favs and what you get from there

Answers

Answer:

I prefer Starbucks, and I get the Cookies and Cream Frappuccino.

Step-by-step explanation:

Because it taste good

Answer:

Pumpkin spice latte from Starbucks ( when they have it ) or mango boba

Step-by-step explanation:

Tom's Ice Cream Shop sold 7 sundaes with nuts and 5 sundaes without nuts. What is the ratio of the number of sundaes with nuts to the number of sundaes without nuts?

Answers

Answer:

20 : 28

5 : 7 = 20 : 28. And 7 is a fourth of 28.

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