Diana invested 3000 math problem
WebOther Math; Other Math questions and answers; This problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. See Answer See Answer See Answer done loading. Question: a. Calculate the amount it grows to by at the end of 3 years. WebThis example we're going to be dealing with linear equations in a Investment problem. So we have here is I have $3,000 to invest I put some of it to an account that pays 6 percent …
Diana invested 3000 math problem
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WebInterest, in its most simple form, is calculated as a percent of the principal. For example, if you borrowed $100 from a friend and agree to repay it with 5% interest, then the amount of interest you would pay would just be 5% of 100: $100(0.05) = $5. The total amount you would repay would be $105, the original principal plus the interest. WebJul 12, 2024 · Diana invested some money in a bank at a fixed rate of interest compounded annually. The equation below shows the value of her investment after x years. fx=4001.01x What was the average rate of change of the value of Diana's investment from the second year to the fifth year? 1.01 dollars per year 2.47 dollars per year 4.12 dollars per year …
WebApr 26, 2016 · Answer: 5% or 0.05 Step-by-step explanation: Diana invested $3000 in savings account 3 years. And the total interest gained by Diana is $450. Therefore, … WebYou're figuring out how much to invest in each of the two accounts so that, once you're done with everything, you will have earned on the two accounts what would be the equivalent …
WebMay 27, 2024 · Math Secondary School answered • expert verified Diana invested some money in a bank at a fixed rate of interest compounded annually. The equation below … WebPat invested a total of $3000 - interest from this investment is $256, how much did Pat invest at 10 percent Pat invested a total of $3,000 translates to ... Helps you understand math problems as well as a teacher would, i am really grateful to you This app, another good thing about this app is that it's free. So amazing and so beneficial. I ...
WebOct 26, 2024 · Diana invested $3000 in a savings account for 3 years. she earned $450 in interest over that time period. what interest rate did she earn? Answer by Guest. Answer: $1350 in interest collected . Step-by-step explanation: 400 x 3 = 1200 . 50 x 3 = 150. 1200. 0150 + _____ 1350. Rate answer .
WebJul 12, 2024 · Diana invested some money in a bank at a fixed rate of interest compounded annually. The equation below shows the value of her investment after x years. … bizeps trizeps workoutWebDiana invested $61,293 in an account with a fixed annual percent of interest, compounding quarterly. At the end of five full years, she had $76,662.25 in principal plus interest. Approximately what was the annual percent rate of interest for this account? A 1.2% B 4.5% C 10% D 18% E 25.2% 显示答案 登录 后才可以添加做题笔记哦,还没有账号? 马上注册 … date of jfk\\u0027s assassinationWebIn this case, the investment amount (that is, the principal) is P = $1000, the interest rate (expressed in decimal form) is r = 0.06, and the time is t = 2. Substituting these values … date of john denver deathWebSOLVED: Diana invested 3000 in a savings account for 3 years. She earned450 in interest over that time period. What interest rate did she earn? Use the formula I=Prt to find your … bizeps whvWebProcedure: To find interest, take the product of the principal, the interest rate and the time. Thus, the formula for finding interest is: Interest = Principal * Rate * Time which is also written as I = P*R*T. Now that we have a procedure and a formula, we can solve the problem above. Problem: To buy a computer, Raquel borrowed $3,000 at 9% ... date of joining change emailWebx = the money invested at 8%. then he invested $3,000 more than twice this amount at 11%: 3000 + 2x at 11%. his total annual income from the two investment was 4830: 0.08x + 0.11(3000 + 2x) = 4830. by solving we find: x = $15,000. click here to see the step by step solution of the equation: Click to see all the steps. Roberto invested $33,000 ... date of john adams deathWebJun 3, 2024 · So A = 3000 ( 1 + 0.06 12) 20 × 12 = $ 9930.61 (round your answer to the nearest penny) Let us compare the amount of money earned from compounding against the amount you would earn from simple interest. Years. Simple Interest ($15 per month) 6% compounded monthly = 0.5% each month. 5. date of john f kennedy death