An investment pays simple interest, and triples in 9 years. What is the interest rate? Answer = percent. %3D

Q: The principal represents an amount of money deposited in a savings account subject to compound…

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Q: A bank features a savings account that has an annual percentage rate of 5.4 % with interest…

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Q: A 7 year bond costs $1,000 and will pay a total of $150 interest over its lifetime. What is its…

A: A 7 year bond costs $1,000 and will pay a total of $150 interest over its lifetime. Its annual…

Q: You buy a new computer for $2750. Every year, its value decreases by 7.5%. What will be the value of…

A: Here the price of the computer is decreasing at a rate of 7.5% as that of the pervious year. So the…

Q: Alex has $3200 saved at the bank with a 2.1% yearly interest rate. How much money would Alex have…

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Q: You can afford monthly deposits of $120 into an account that pays 2.4% compounded monthly. How long…

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Q: %3D 3 72 2 O Option 3 O Option 1 n+1 3. Ontion A MIN 2/3

A: To find : ∑i = n∞ 13i = ?

Q: A deposit of $1500 in an account pays 7.25% interest a year. What is the account balance after 8…

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Q: After retiring, you want to be able to take $1000 a month for a total of 15 years from your…

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Q: Which expression shows the value of a $ 2500 investment after it has grown by 4.5% per year for 12…

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Q: How much interest will this account earn, if compound interest is calculated yearly? Principal =…

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Q: An investment pays simple interest, and triples in 17 years. What is the interest rate

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Q: We invest $4000 in an account that pays simple interest of 3% each year. How much interest is earned…

A: Let, P = initial  amount r = annual  interest  rate t = time ,then the simple  interest  formula…

Q: An investment of $3,500 is made in an account compounded quarterly at 4.1%. How much will the…

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Q: Angel deposited $6,000 in an account that pays 6% interest compounded annually. Which expression can…

A: Formula for compound interest  is as below : A=P(1+r100)n where, P=amount of investment A= Value of…

Q: Find the annual rate per cent that earns $234 simple interest when $900 is invested for 6, years.

A: To find the annual interest rate that earns simple interest of $234 when $900 is invested for 612…

Q: what is the FV of the investment. Round  to nearest cent. $7,000 for 4 years at 4.75%  annual…

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Q: You have $3,000 on a credit card that charges a 23% interest rate. If you want to pay off the credit…

A: The objective is to find the monthly payment

Q: You get a bonus of 800.00. You invest it in an account that earns 2.5% interest compounded monthly.…

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Q: Suppose that $25,000 from a retirement account is invested in a large cap stock fund. After 30 yr,…

A: here we use the formula to calculate the annual interest A=P ert where A= 193807.3 and P= 25000 t=30…

Percentage

A percentage is a number indicated as a fraction of 100. It is a dimensionless number often expressed using the symbol %.

Algebraic Expressions

In mathematics, an algebraic expression consists of constant(s), variable(s), and mathematical operators. It is made up of terms.

Numbers

Numbers are some measures used for counting. They can be compared one with another to know its position in the number line and determine which one is greater or lesser than the other.

Subtraction

Before we begin to understand the subtraction of algebraic expressions, we need to list out a few things that form the basis of algebra.

Addition

Before we begin to understand the addition of algebraic expressions, we need to list out a few things that form the basis of algebra.