The simple interest for an investment is jointly proportional to the time and the principal. After one quarter (3 months), the interest on a principal of $5000 is $43.75 a) Write an equation relating the interest ,principal and time b) Find the interest after three quarters

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 10EB: You have been depositing money into an account yearly based on the following investment amounts,...
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1) The simple interest for an investment is jointly proportional to the time and the principal. After one quarter (3 months), the interest on a principal of $5000 is $43.75 a) Write an equation relating the interest ,principal and time b) Find the interest after three quarters 2) The Kinetic energy E of an object varies jointly with the object mass m and the square of the object velocity v .An object with a mass of 50 kilograms traveling at 16 meters per second has a kinetic energy of 6400 joules . a) Write an equation relating the interest ,principal and time b) What is the kinetic energy of an object with a mass of 70 kilograms traveling at 20 meters per second?

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ISBN:
9781947172609
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OpenStax College