kaitlyngilbert314159 kaitlyngilbert314159

24-07-2020
Mathematics

contestada

A man invested $800 at a 5.5% annual interest rate. How long will it take for his
money to earn $132 in interest?

Respuesta :

mathstudent55 mathstudent55

24-07-2020

Answer:

3 years

Step-by-step explanation:

I assume it's simple interest.

I = Prt

132 = 800 * 0.055 * t

t = 132/(800 * 0.055)

t = 132/44

t = 3

Answer: 3 years

Answer Link

Otras preguntas

Analyze the attributional patterns you use to explain a mean or disappointing behavior by a 1) good friend and 2) by someone whom you do not like. Analyze how d

After the Corps returned from their exploration,

Please help me. I do not know what to write. Give me an idea please

How might have the expulsion of the Jews have impacted Spain’s economy, national identity, and culture?

R = ((-4,2), (3,6), (x,8), (-1,4)) Which value of r would make this relation a function?

20. Two coin banks contain only nickels and dimes. The total value of the coins in the first bank is $3. In the second bank, there are 4 more nickels than in th

The x-component of a force on a 46-g golf ball by a 7-iron versus time is plotted in the following figure: a. Find the x-component of the impulse during the int

A private agency that hears consumer complaints but does not have the power to enforce laws. Consumer Protection safety commission Ucc Better business bureau

What numbers are equivalent to 4/8?

Which of the following statements about capital structure are correct? Select ALL correct answers.