Jermaine earned $2000 during the summer. He plans to put the money in a
savings account and leave it for 40 years. The account will earn 9% simple
interest annually. What will the balance be after 40 years?

Please help!! This is a test and I need a good grade!!

Answers

Answer 1

Answer:9200

Step-by-step explanation: .09 * 2000 = 180 * 40 = 7200 + 2000 = 9200

Answer 2

Balance amount in Jermaine account after 40 years is equals to $9200.

What is simple interest?

" Simple interest is the process of calculating amount of interest  given on the principal amount at the rate of interest over period of time."

Formula used

S.I. = = (P × R × T) / 100

S.I.= Simple Interest

P = Principal amount

R = Rate of interest

T = Time

Total amount = P + S.I.

According to the question,

Given

P = $2000

R = 9%

T = 40 years

Substitute the given values in the formula we have,

Simple Interest = (2000 × 9 × 40) / 100

                         = $7200

Total balance amount after 40 years = $2000 + $ 7200

                                                              = $9200

Hence, balance amount after 40 years is equals to $9200.

Learn more about simple interest here

https://brainly.com/question/22621039

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Related Questions

A​ student's cost for last semester at her community college was ​$2000. She spent ​$280 of that on books. What percent of last​ semester's college costs was spent on​ books?

Answers

Answer:

14%

Step-by-step explanation:

A way I usually do it is with a fraction setup.

280/2000 = ?/100

multiply 280 by 100, and you get 28000. divide this by 2000, and you get 14!

Help please baes <3?!

Answers

Answer:

a. /_ M = /_ T

b. /_ T = /_ M = 180 - 52 - 36 = 92

Sorry I answered in the comment section, I'm new to this xD

Hi, I am trying to find the Area but I cant tell if its 2D or 3D help please!

Answers

figure 1. = 1,890 feet squared
figure 2. = 936 feet squared


which graph represents a function

Answers

I think the 3rd one.

Solve for b. ax+3b=2f​

Answers

b = [tex]\frac{2f}{3}[/tex] - [tex]\frac{ax}{3}[/tex]

hope this helps <3

can someone help me please?

Answers

Answer:
48 feet
Explanation:
You multiply both sides of the fence by two because there are two sides (14*2=28) (10*2=20) and then you add the two sides together to get the total fencing (28+20=48)

The total (after-tax) cost of a laptop computer is $1571.02. The local sales tax rate is 5.3%. What is the retail (pre-tax)
price?

Answers

Answer:

Retail price of laptop = $1491.94

Step-by-step explanation:

Price of laptop after tax = $1571.02

Local sales tax rate = 5.3%

Total price = Pre tax price + tax = (100+5.3)%

Total price = 105.3%

Let,

x be the pre-tax price

105.3% of x = 1571.02

[tex]\frac{105.3}{100}x=1571.02[/tex]

1.053x = 1571.02

[tex]\frac{1.053x}{1.053}=\frac{1571.02}{1.053}\\x=1491.94[/tex]

Retail price of laptop = $1491.94

point A is at (3,4) and point M is at (5.5,0) . M is the midpoint between point A and point B. What are the coordinates for Point B

Answers

Answer:

(8, -4)

Step-by-step explanation:

what is 123^3 x 12345^7 =

Answers

8.131169122891e34 is the final answer

Answer:

8.1311691e+34

Step-by-step explanation:

These box plots show the basketball scores for two teams.

Which statement is the most appropriate comparison of the spreads?

Answers

The answer is d I think

Answer: The interquartile range (1QR) for the Bulldogs, 20, is less than the IQR for the Wolverines , 30.

Step-by-step explanation:

Heather drove a constant rate

Answers

Answer:

What?, haha... can you finish the sentence, or put a picture, cause i'm not understanding this

Step-by-step explanation:

confusion 101

please help with this TWO ANSWERS required

Answers

Answer:

a) The equation of V and W

         V = k W

b) The value of  V = 666.6

Step-by-step explanation:

Step(i):-

Given that V is inversely proportional to W

                       V∝ W

               ⇒      V = k W

              ⇒      40 = k (0.9)

              ⇒     [tex]k = \frac{40}{0.9} = 44.44[/tex]

Step(ii):-

Given that W = 15  and k = 44.44

we have to find the value is 'V'

                       V = k W

            ⇒       V = 44.44 × 15

           ⇒        V = 666.6

           

if the sum of data is 80 and number of data 16,find the value of mean.​

Answers

Answer:

Its 5

Step-by-step explanation:

Mean= sum/number

=80/16

=5

Dan rolls a fair dice 42 times.
How many times would Dan expect to roll a six?

Answers

Answer:

7

Step-by-step explanation:

He has a 1/6 chance of rolling a 6

1/6 of 42 = 7

2.
Which of the functions below is an inverse of the quadratic function f(x) = x2 - 3 ?

Answers

Answer:

the inverse of the quadratic function [tex]f(x) = x^2 - 3[/tex]  is [tex]\mathbf{f^{-1}(x)=\pm \sqrt{x+3}}[/tex]

Step-by-step explanation:

We need to find inverse of the quadratic function [tex]f(x) = x^2 - 3[/tex]

Let

[tex]y=x^2-3[/tex]

Replace x and y

[tex]x=y^2-3[/tex]

Now, we will solve for y

Adding 3 on both sides

[tex]x+3=y^2-3+3[/tex]

[tex]x+3=y^2[/tex]

Taking square root on both sides

[tex]\sqrt{y^2}=\sqrt{x+3}\\y=\pm \sqrt{x+3}[/tex]

Now replace y with [tex]f^{-1}(x)[/tex]

[tex]f^{-1}(x)=\pm \sqrt{x+3}[/tex]

So, the inverse of the quadratic function [tex]f(x) = x^2 - 3[/tex]  is [tex]\mathbf{f^{-1}(x)=\pm \sqrt{x+3}}[/tex]

20 POINTS!!

Match the description of the motion for a robot traveling along the surface of the curved pit from left to right as it passes through each x-value.

Drag the correct tiles to the boxes. Not all tiles will be used.

Answers

Answer:

×=10 = at the maximum, x=8= decreasing, x=9= increasing

Step-by-step explanation:

I don't re a really know If this Is correct but Thats what I think Is the answer

Answer:

x = 10 to at a maximum/ increasing

x = 8 is at a minimum/ decreasing

x = 9 is im not sure

Step-by-step explanation:

pls answer to become the brainliest

Answers

Answer:

37.50 square centimeters

Step-by-step explanation:

The computation of the area of the sector is as follows:

As we know that

Area of the circle is

= πr^2

Since the radius is 10 cm so the area of total circle is

= 3.14 × 100

= 314

Also it is 360 degrees  

So, the area of the sector is

= 135 ÷ 360 × 1200

= 37.50 square centimeters

I need help with this question, please.

Answers

Answer:

1 slice will be left because there are 16 slices and 15 guests

Step-by-step explanation:

A small bag of jelly beans contains 2 lemon, 5 cherry, 1 lime, and 4 blueberries jelly beans. If Evin chooses a jelly bean from the bag without looking, what is the probability it will be cherry or blueberry?

Answers

Answer:

75%

Step-by-step explanation:

lime and cherry/ total jelly beans

(5+4)/(2+5+1+4)=9/12=0.75=75%

The correct answer should be 75%

Dans 33 ans, Sarah aura le quadruple de son âge actuel.
Quel âge a-t-elle aujourd'hui ?

Answers

Answer:

Step-by-step explanation:

What is 4 x 23/40? simplified?

Answers

Answer: HOPE THIS HELPS

urgent i dont have time pllz help thxx

Answers

Answer:

270

Step-by-step explanation:

360-90 =270 since the arc for xw is 90 then subtract the whole circle

10. The legend on a map indicates inch = 16
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apart are they on the map?

Answers

Answer:

5.5 miles

Step-by-step explanation:

88 divided by 16 = 5.5

5.5 miles is the answer

Find the asymptote and determine the end behavior of the function from the graph.

Answers

Answer:  for plato family

The asymptote of the function is

x = 3

For very high x-values   y  , moves toward positive infinity

.Step-by-step explanation:

Simplify the expression:
10j+10j–10j

Answers

Answer:

10j

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Terms

Step-by-step explanation:

Step 1: Define

10j + 10j - 10j

Step 2: Simplify

Combine like terms:                     10j

3 thousands divided by 10 unit form

Answers

Answer:300 is the answer

Step-by-step explanation:

True or false To find 7% of a number, multiply the number by 0.7

Answers

Answer:

true and it also depends on what question it is

Step-by-step explanation:

because 7% = 0.07 when doing a mathematical question it will help you a lot if you turn 7% into a decimal 0.07 and it will be more easier than doing it as a percentage.

Carli and Angela share a cell phone plan and split the bill each month. Last month, their total bill was $109. Carli went over her data limit on her phone, so her share of the bill was $15 more than Angela's to account for the overage charge. Which system of equations represents this situation?


A.

B.

C.

D.

Answers

Answer:

B

Step-by-step explanation:

We can't see the answer choices?

Morgan has a loyalty card good for a discount at her local grocery store. The item she wants to buy is priced at $43, before discount and tax. After the discount, and before tax, the price is $34.40. Find the percent discount.​

Answers

Answer:

20%

Step-by-step explanation:

The correct answer is 20%

Triangles W X Z and Y Z X share common side X Z. Angles W X Z and X Z Y are right angles. The lengths of sides W X and Z Y are 21 centimeters. Is ΔWXZ ≅ ΔYZX? Why or why not? Yes, they are congruent by SAS. Yes, they are both right triangles. No, the triangles share side XZ. No, there is only one set of congruent sides.

Answers

Answer:

Yes, they are congruent by SAS

Step-by-step explanation:

Required

Are ΔWXZ and ΔYZX similar?

From the question, we understand that:

Both triangles have a common side at XZEqual lengths at WX and ZYEqual angles [tex]\angle WXZ = \angle XZY = 90^{\circ}[/tex]

Base on the above analysis, the two triangles have two congruent sides and 1 congruent angle i.e. (SAS postulate).

Answer:

i believe it is a

Step-by-step explanation:

edge

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