Eight years after opening her savings account, Macy had $7,880 in the account which earns annual simple interest. If Macy started with $5,000 in her account and did not make any additional deposits or withdrawals, what was the approximate annual interest rate on the savings account?
7.2%
4.5%
8%
19.7%

Answers

Answer 1
4.5% is the answer
hope you get it right
Answer 2

the approximate annual interest rate on the savings account is 7.2%.

What is simple interest?

Simple interest is the amount of interest charged on a specific principal amount at a specific interest rate. Compound interest, on the other hand, is the interest that is computed using both the principal and the interest that has accumulated over the preceding period.

Given, Eight years after opening her savings account, Macy had $7,880 in the account which earns annual simple interest.

from the general formula of Simple interest:

Simple interest(SI) = p*r*t/100

where, p = principal amount

r = rate of interest

t = time

in our case

p = 5000,

SI = 7880 - 5000 = 2880

t = 8

Thus,

2880 = 5000 * r *8/100

r = 2880/50*8

r = 7.2%

Thus rate of interest = 7.2%

therefore, the approximate annual interest rate on the savings account is 7.2%.

Learn more bout simple interests here:

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Related Questions

Don't guess!
I will mark brainliest if its correct!
Don't answer if you don't know!
Also no links!
And show your work plz!

Answers

It’s A trust me I know this because I had this problem before

The Mountain View ski resort kept track of the number of visitors they had each weekend during their busy season. This box plot shows the results.

Ski resort visitors

0

2,000

4,000

6,000

8,000

10,000

What percent of the time did Mountain View get at least 4,000 visitors?

Answers

Answer:

40% i assume.if not correct then sorry-w-

Step-by-step explanation:

Assuming they kept track of the number of visitors they had during their busy season.The percent of  time that the resort get at least 4,000 visitors is: 66.7%

Percent of time

Ski resort number of visitors

Hence:

Percent of time=8000-4000/8000-2000

Percent of time=4000/6000

Percent of time=0.667×100

Percent of time=66.7%

Inconclusion the percent of the time did Mountain View get at least 4,000 visitors 66.7%.

Learn more about percent of time here:https://brainly.com/question/26511030

A cylinder. A is the height, B is the base, C is the diameter, D is the radius.
Identify A, B, C, and D on the soup can.



A =
B =
C =
D =

Answers

Answer:

Step-by-step explanation:

A= Height

B= Base

C= Diameter

D= Radius

The original price of a gold ring is $722. What is the sale price? The sale is 50% off

Answers

Answer:

361$

Step-by-step explanation:

Answer:

$361 is the sale price

Step-by-step explanation:

"Half off" on a $722 gold ring is found by expressing 50% as 0.50 and multiplying $722 by 0.50:  $361 is the sale price.

so if you 12 centimeter cubes to build a rectangular prism, the prism has a volume of _______ cubic centimeters, or _______ cm
PLS HELP THIS IS DUE TODAY PLS

Answers

1728 cubic centimeters

12 with the exponent of 3 would basically be 12x12x12 but easier i put 12x12=144x12= which is 1728

cuz if its just 12x12 thats just the area of one side, if its 12x12x12 its the volume of the whole cube/rectangular prism

what’s 9^-4 as a positive exponent.

what’s 1/3^-5 as a positive exponent.

Answers

Answer:

1) 1/9^4 or [tex]\frac{1}{9}^4[/tex]

2) 1/3^5 or [tex]\frac{1}{3}^5[/tex]

Step-by-step explanation:

Calculator!

I NEED HELP FAST! Find the measure of the missing angles.

Answers

Angle G = 130 degrees

Angle H = 50 degrees

Angle K = 74 degrees

Angle M = 106 degrees

Angle G would be 130 degrees because it's a vertical angle, and vertical angles are always alike.

Angle H would be 50 degrees because it's an adjacent angle, and we also know that one side of the line is always 180 degrees so we have an equation that looks like this 180 - 130 = 50 degrees

Angle K would be 74 degrees because it's a vertical angle.

Angle M would be 106 degrees because it's an adjacent angle.

What is the median of the data

Answers

Answer:

5

Step-by-step explanation:

Median is the middle

The median of the data is 5.5
When it’s even numbers, you take the 2 numbers in the middle and then take the middle of those numbers.

HELP ASAP!!! What is a net? What can we use a net for? How can a net be used to find surface area?

Answers

is a flattened out three dimensional solid (a three dimensional shape) -- like a cube, a prism or a pyramid. When you cut out the "net", fold it and glue it together you can see what the three dimensional shape looks like.

solve this please asap

Answers

i need to answer to ask
Freezer A, You multiply all the sides

Find the area of the figure to the nearest tenth.

Answers

6x6=36
(π3^2)/2=14.1
36-14.1=21.9

How do you say m ≥ 12?

Answers

Answer:

m is greater than or equal to twelve

M is greater or equal to twelve.

Help pls 6th grade math i will give brainliest

Answers

Answer:

A

Step-by-step explanation:

Brainliest?

The Answer Would Be: A

Please help me with this problem

I’ll give brainliest

Answers

Answer:

option a

Step-by-step explanation:

√16= 4 and 4 is a real as well as a rational number as well as integer amd whole numbers!

Hope it helps you....

Write the formula for the parabola that has x-intercepts (1.3,0) and (-1.3,0), and y intercept (0,169)

Answers

It is 3.25/5.40 I think

If Nina is N years old now and Maryna is M years old now. Write the sum of their ages in 6 years?

Answers

Answer: y=6n+m

Step-by-step explanation:

Y=6n+m we use 6 because that’s the value given and n is her age and their sum of their ages is given by 6 .

Identify the correct weight to the nearest 1/8 pound, then reduce the fraction if possible.

Answers

The correct weight to the nearest 1/8 pound from the considered image is 3.55 pounds. In reduced fraction form, it is 71/20 pounds approx.

How to convert from decimal to fraction?

For conversion from decimal to fraction, we write it in the form a/b such that the result of the fraction comes as the given decimal. Usually, to get the decimal of the form a.bcd, we count how many digits are there after the decimal point (if its finite), then we write 10 raised to that many power as denominator, and the considered number without any decimal point as numerator.

For example:

[tex]0.99 = \dfrac{99}{10^2} = \dfrac{99}{100}[/tex]

(10 raised to power k = 1 followed by k zeroes)

How to add two fractions?

Let we have to add two fractions as:

[tex]\dfrac{a_1}{b_1} + \dfrac{a_2}{b_2}[/tex]

Then we will find Lowest Common Multiple (LCM) of  [tex]b_1[/tex] and [tex]b_2[/tex]. That will help to make the denominators same.

Once the denominators become same, the numerators can add up directly, giving us the final result of addition.

For this case, we can see from the image that:

Weight shown = 3 pounds + half more pound + half of 1/10 pound more approx. (as the weight hand is approx between 5 and 6 minor ticks after the big 3 pound mark). In each minor mark, one pound is divided in 10 parts, so each minor tick adds up 1/10 of a pound. Half of 1/10 shows that after 5, the hand is not exactly on 6 but sort of in between them, so approximately half.

Thus, weight shown ≈ 3 + 0.5 (half is written 0.5 too) + 1/10 of 0.5 pounds

= 3 + 0.5 + 0.5/10 = 3.5 + 0.05 = 3.55 pounds

Thus, the weight is approx 3.55 pounds.

Converting it to fraction, we get:

[tex]3.55 = \dfrac{355}{100} = \dfrac{5 \times 71}{5 \times 20} = \dfrac{71}{20}[/tex] pounds.

Thus, the correct weight to the nearest 1/8 pound from the considered image is 3.55 pounds. In reduced fraction form, it is 71/20 pounds approx.

Learn more about fraction addition here:

https://brainly.com/question/17544795

Answer:

G'day. Here is your answer!

Step-by-step explanation:

3 6/16m= 3/38.

2 to 3: lb subintervals:

so each scale: 1/16 lb

Now we observe the pointer. 6 scales after 3 lb = 3 6/16 = 3 3/8 lb.

Determine the area of the BLUE triangle.
I tried it a couple times but it keeps saying I'm wrong a little help?

Answers

The answer should be 147.

what is the last one number 12

Answers

what is the last one number 12

What is the area of triangle HGF? Round your answer to the nearest tenth of a square centimeter. Recall that you need to round up if the value of the hundredth is 5 or greater.

Triangle H G F has a base of 6.5 centimeters and a height of 3.0 centimeters.

cm2

Answers

Answer:

9.8

Step-by-step explanation:

The formula for the area of a triangle is a=bh/2, where a is area, b, is the base, and h is the height. If we substitute the values in the question in the equation, we get:

a=(6.5*3)/2

a=19.5/2

a=9.75

a≈9.8

Answer:

The answer is 9.8

Step-by-step explanation:

Due TONIGHT PLEASE DO!

Answers

Answer:

50, 573, 57, R, 73

Step-by-step explanation:

The function g(x) = x2 is transformed to obtain function h: h(x) = g(x + 7). Which statement describes how the graph of h is different from the graph of g? A. The graph of h is the graph of g vertically shifted up 7 units. B. The graph of h is the graph of g vertically shifted down 7 units. C. The graph of h is the graph of g horizontally shifted right 7 units. D. The graph of h is the graph of g horizontally shifted left 7 units.

Answers

Answer:

D. The graph of h is the graph of g horizontally shifted left 7 units.

Step-by-step explanation:

if x= 1 in the example, it would be 1 + 7 = 8 for h(x) while it would be just 1 for g(x)

The graph of f(x)=x2 was transformed to create the graph of g(x)=(x+5)2.

Which statement describes this transformation?


a horizontal shift to the right 5 units

a horizontal shift to the left 5 units

a vertical shift up 25 units

a vertical shift down 25 units

Answers

Answer:

a horizontal shift left

Step-by-step explanation:

my teacher always tells me whatever you think it is in the parenthisis do the opposite. Sorry not a good explanation

Please help me out fast

Answers

Answer:

I believe the answer is the bottom two.

The bottom two are correct

Please help I dont know- NO LINKS

Answers

Answer:

D

Step-by-step explanation:

yes it is.

start by multiply by 4 to get rid of the fraction on x

4 ([tex]\frac{x}{4}[/tex]) = 4(4) + 4([tex]\frac{2y}{3}[/tex])

x = 16 + 8y/3

Then by 3 to get rid of that one

3(x) = 3(16) + 3([tex]\frac{8y}{3}[/tex])

3x = 48 + 8y

Then subtract 8y from both sides to get

3x - 8y = 48

Answer:

a no

Step-by-step explanation:

jckfakbv logsvloudckksg

Match the verbal description with the part of the graph it describes.


1. The part of the graph that stays the same is


2. The part of the graph that slowly decreases at a constant rate is


3. The part of the graph that slowly increases at a constant rate is


4. The part of the graph that increases at an increasing rate is


5. The part of the graph that quickly decreases at a constant rate is


6. The part of the graph that quickly increases at a constant rate is

Answers

Answer: 1. F

2. C

3.a

4. E

5. D

6. B

Step-by-step explanation:

Show the work please

Answers

4*2 +7*2= c*2
16+ 49=c*2
65=c*2
^65 =c

SO THE CORRECT ANSWER IS C
yepppppppp what they said

what is the awnser to this pls awnser quick ​

Answers

Answer:

length and width

Step-by-step explanation:

Width and length is the answer

A basketball season ticket holder pays $111.06 for her tickets plus $2.50 for a program each game. A second person pays $14.84 for a ticket to every game, but doesn’t buy programs. In how many games will they have paid the same amount?

Answers

At 9 games they will have paid the same amount. 111.06 plus 9 times 2.50 is equal to 14.84. I just did the equation (111.06+2.50x=14.84x).

Philip made $1,155 in 15 days. Let “m” represent the amount of money that Philp made each day. If Philip made the same amount of money each day, how much did he make in one day.

Answers

He makes $77 in one day.
he makes $77 a day !
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