6. Teri estimates that it will cost $200,000 to send his daughter to a private college in 16
years. He currently has $125,000 to deposit in an account. What simple interest rate
would
he need so that $125,000 grows info $200,000 in 16 years? Round to the nearest
percent.


How do I solve this?

Answers

Answer 1

The simple interest rate need by Teri will be 4%.

Step-by-step explanation:

Given:

Teri has $125,000 to deposit in his accounts so that he gets $200,000 in 16 years along with the simple interest.

To find:

The simple interest rate needed to grow $125,000 into $200,000 in 16 years.

Solution:

The principle amount Teri has = P = $125,000

The total amount Teri wants to have in 16 years = A = $200,000

The simple interest that will Teri earn = S.I

[tex]S.I= A - P =\$200,000-$125,000=\$ 75,000[/tex]

The rate of interest per year = R

The time for which money is deposited = T = 16 years

The simple interest is calculated by the formula:

[tex]S.I=\frac{P\times R\times T}{100}\\\$75,000=\frac{\$125,000\times R\times 16}{100}\\R=\frac{$75,000\times 100}{$125,000\times 16}=3.75\% \approx 4\%[/tex]

The simple interest rate need by Teri will be 4%.

Learn more about Simple interest here:

https://brainly.com/question/19222840

#learnwithbrainly

Answer 2

Simple interest rate (R) is 3.75%

Given:

Amount deposit as saving (P) = $125,000

Number of year (n) = 16 year

Amount needed (A) = $200,000

Find:

Simple interest rate (R)

Computation:

Amount of interest (I) = A - P

Amount of interest (I) = 200,000 - 125,000

Amount of interest (I) = 75,000

So,

I = (P)(R)(T)

75,000 = (125,000)(R)(16)

75,000 = 2,000,000(R)

R = 75,000 / 2,000,000

R = 0.0375

Simple interest rate (R) = 3.75%

Learn more:

https://brainly.com/question/22004878?referrer=searchResults


Related Questions

PLEASE HELPP MEEE I NEED THE ANDWER QUICKKK
20.00$ - a=8.45$

Answers

the answer to the equation is $11.55

Answer:

a= 11.55

Step-by-step explanation:

If the answer is 8.45, then the variable equals the difference of 20 minus the answer, 8.45

Hope this helps!

Can anyone explain how to do this pleaseee

-2+y/10=-6

Answers

Answer:

y = -58

Step-by-step explanation:

You have to isolate the y:

-2+y/10 = -6

First step, multiply both sides by 10:

-2+y = -60

Second step, add 2 on both sides:

y = -58

It's done!

Answer:

-2=-40/10=-6

Step-by-step explanation:

-2/10 alone is -0.2.

Using PEMDAS your problem should look more like, (-2)+((y)÷10)=

Using this new formula let's start plugging in numbers.

(-2)+((0)÷10)= -2

(-2)+((-1)÷10)= -2.1

(-2)+((-2)÷10)= -2.2

Now there is a pattern, you can calculate or just keep moving up the latter until you reach the desired sum.

After finding the plug-in use PEMDAS to solve.

(-2)+((-40)÷10)=

((-40)÷10)= -4

-4+-2=-6.

So (-2)+((-40)÷10)= -6

HELPPPPPPPPPPPPPPPPPPPPPPP
































(jus take the points dont really need help)

Answers

Answer:

Alright- if you want any help just reply to this

Slope=-7​, through ​(-3​,2​)

Answers

Answer:

Final equation: y = -7x -19

Step-by-step explanation:

You are looking for slope intercept correct?

Formula: y = mx + B

Y = y-value of point ( coordinates )

M = slope

X = x - value of point ( coordinates )

B = Y - intercept

Equation:

2 = -7(-3) + B

2 = 21 + B

-21 = -21 = B

------------------

-19 = B

Final equation: y = -7x -19

Unless if it asks you to plug back the numbers for anything else then you do that but this is how you get slope intercept.

Write the rules for determining the sign of the product when multiplying integers. Then, write (4 points)
the rules for determining the sign of the quotient when dividing integers. Use your own words
and use complete sentences. Make sure you answer both questions presented in this problem.
I

Answers

Answer:

hahaaaaaaaaaaaaaaaaa

Step-by-step explanation:

Answer:

IF the signs ARE same the result is a POSITIVE, if the signs are NOT the same the result is NEGATIVE

Step-by-step explanation:

A 3m ribbon is cut into two pieces.The shorter length measures 0.75m.Write the ratio of the shorter length to the longer length in the simplest form a:b,where a and b are both integers.

Answers

Answer:

1:3

Step-by-step explanation:

3 m - .75 m = 2.25 m Find the length of the longer piece.

.75:2.25 Ratio in un-simplified form

[tex]\frac{.75}{2.25}[/tex] Write it as a fraction.

[tex]\frac{75}{225}[/tex] Multiply the numerator and denominator by 100 to remove the decimal.

[tex]\frac{3}{9}[/tex] Divide the numerator and denominator by 25.

[tex]\frac{1}{3}[/tex] Simplify further by dividing the numerator and denominator by 3.

1:3 Convert back to ratio form.

Does a rhombus have perpendicular line segments

Answers

Answer:

A rhombus is a geometric figure that lies in a plane. It is defined as a quadrilateral all of whose sides are congruent. It is a special type of parallelogram, and its properties (aside from those properties of parallelograms) include:

Its diagonals divide the figure into 4 congruent triangles.

Its diagonals are perpendicular bisectors of eachother.

If all of a rhombus' angles are right angles, then the rhombus is a square.

Answer:yes it does have perpendicular lines

Step-by-step explanation:

The temperature at 9 a.m. is 2 degrees. The temperature rises 3 more degrees by noon. Which expression describes the temperature at noon?

Answers

Answer: 2 degrees + 3 degrees = 5 degrees

Step-by-step explanation: Though the times might be confusing, the problem itself is simple addition- if the temperature rises, or goes up, by a certain number, in this case three, you're just going to add that number to the initial number, two.

Please no links because they dont work :).

Answers

Answer:

C. x + 9

Step-by-step explanation:

[tex]x-\frac{5}{5}+10\\\\x-1+10\\\\x+9[/tex]

Can someone Help me please

Answers

Step-by-step explanation:

what do you need to do ? draw the line ? or find some intercepts on the x- or y-axis ? or ?

in any case it is important to bring this into the typical line equation form :

y = ax + b

so,

-4x = -1 + y

we leave y alone on one side

y = -4x + 1

to draw the line you need 2 points.

so, let's find some.

one typical choice is x = 0.

then y = -4×0 + 1 = 1

so, P1 = (0, 1)

and then e.g. let's pick x = 1

then y = -4×1 + 1 = -4 + 1 = -3

so, P2 = (1, -3)

there you have it

mark the two points on the coordinate graph, then take a ruler and draw the line all the way from top left to bottom right so that it goes through the two points.

hey please help i’ll give brain

Answers

Answer:

The answer is 2. It is the commutative property of addition. This states that the order of numbers does not matter in addition or multiplication. As long as all the numbers are there, it will give the same answer :)

Step-by-step explanation:

13 Points Plz Help Me

Answers

Step-by-step explanation:

y+x-2-6x = y-5x-2

2x+3-x-4 = x-1

5xy+4x-5xy-3 = x

help!!! hurry......-_-

Answers

Replace x and y’all with the point and solve the equations

1. 2(0.5)+ 4(-6.75) = 1 + -27 = -26

This is true so is an answer.

2. Y = 0.5-7.5 = -7, -7 is not -6.75 so this is not true.

3. 2(-6.75) = 0.5 + 13

13.5 = 13.5

This is true so is also an answer.

4. -6.75 = 0.5(0.5) -7

-6.75 = 0.25-7

This is true so also an answer.

Answers are 1, 3 and 4

Answer:

Equation 1 and 4

Step-by-step explanation:

Point = (x,y) = (0.5,-6.75)

Hence,

x = 0.5 , y = -6.75

Equation 1:

2(0.5) + 4(-6.75) = -26

1 - 27 = -26

-26 = -26

This equation is true for the given point.

Equation 2:

-6.75 = 0.5 - 7.5

-6.75 ≠ -7

The equation is not true for the given point.

Equation 3:

2 (-6.75) = 0.5 + 13

-13.5 ≠ 13.5

The equation is not true for the given point.

Equation 4:

-6.75 = 0.5(0.5) - 7

-6.75 = 0.25 - 7

-6.75 = -6.75

This equation is true for the given point.

[tex]\rule[225]{225}{2}[/tex]

Hope this helped!

~AH1807Peace!

(50 POINTS!!!!!) I NEED THE CORRECT ANSWER... FAST!

Answers

Answer:

don't know sorry forgive me

please help me quickly

Answers

Answer:

A. step 1

Step-by-step explanation:

I think its A , because a negative plus a negative is a postive

Answer:

step 2 is the incorrect step

(3x+2)(x^2-4x-2) simplify the expression to a polynomial in standard form

Answers

(3x+2)(x²-4x-2)

(3x) (x²-4x-2) + (2) (x²-4x-2)

= 3x³ – 10x² – 14x – 4

I hope I helped you^_^

1. Which of the following is a true statement?
a. To square a number, multiply the number
by 2.
b. The inverse of squaring a number is to
divide the number by 2.
c. To square a number, multiply the number
by itself.
d. A perfect square is a number whose
square root is an even number.
SHOW PROOF

Answers

Answer:

C

Step-by-step explanation:

Squaring is multiplying a number by itself

Examples:

2 x 2 = 4

3 x 3 = 9

4 x 4 = 16

etc.

d/3 =13 what is d and explain why its d.

Answers

Answer: d = 39

Solve:

Given

d / 3 = 13

In order to get the value of d, we need to isolate d, which means we should multiply 3 on both sides to delete the 3 on the left-hand side

d / 3 × 3 = 13 × 3

d = 39

Check:

Left-hand side = d / 3 = 39 / 3 = 13

Right-hand side = 13

13 = 13

Hope this helps!! :)

Please let me know if you have any questions

Answer:

39

Step-by-step explanation

so d ÷ 3 = 13

first we want to change these numbers into a fraction so

d ÷ 3 = [tex]\frac{d}3}[/tex]

13 is whole but we can still display it as 13÷1 =[tex]\frac{13}{1}[/tex]

line these up like this

[tex]\frac{d}{3} \frac{13}{1}[/tex]

now cross multiply the numbers that always line up diagonally so 13 and 3

13x3=39

next divide that answer by the number diagonal to the unknwon so 39÷1 = 39

that means d = 39

Is the graph a linear function, nonlinear function, or relation?

Answers

Answer:

Non-linear

Step-by-step explanation:

just did it

Answer:

Nonlinear function

Step-by-step explanation:

Because it's along the x-axis but isn't a straight line if it was a straight line it would be considered a "Linear Function".

i dont know if im right or not

Answers

Answer:

You are right

Step-by-step explanation:

80% of a number is always going to be less than 100% of a number. Assuming the numbers positive, which it said

Answer: its >

Step-by-step explanation: beacuse80% x .01 =0.008 and 0.008= 0.8%

Find the possible subsets of A = {a,b}​

Answers

Answer:

Step-by-step explanation:

Subset of A = { {} , {a} , {b}, {a.b} }

Two kids at a summer camp, Amelia and Jennifer, are competing in a potato sack race. Amelia is younger, so she is given a head start of 3 yards. When the race starts, Amelia hops at a rate of 3 yards per second, and Jennifer hops 4 yards per second. Eventually, Jennifer will overtake Amelia. How far will Jennifer have to hop? How long will that take?

Answers

It will take 12 yards

Josh sees that the ratio of boys to girls is 1/2, so he says that half of the students are boys?

Answers

Answer:

no.

Step-by-step explanation:

The ratio is 1/2. That means that if there is one boy, there are 2 girls. Altogether, there are 3 people.

The answer is no. Boys would be one-third and girls are two-thirds.

If this helped, please mark me as brainliest. Thank you! ;)

HELP PLEAASSEE ?? ANYONE ???
The diagram shows 3 identical circles inside a rectangle.
Each circle touches the other two circles and the sides of a rectangle, as shown in the diagram.
The radius of each circle is 2 mm.
Work out the exact area of the rectangle. Give your answer in the form
[tex]a \sqrt{3} + b[/tex]
where a and b are integers.​

Answers

Answer:

as the diagram is not provided by you

Step-by-step explanation:

proper an answer cannot be written if the three circles touch Each Other as well as the the sides of the rectangle it means that rectangles length and breadth are made by attaching to circles together which means that length and breadth of the rectangle are equal therefore length is equal to diameter of one circle into two that is 8 therefore length and breadth of the rectangle are 8 each other for exact area of rectangle is 8 x 8 = 64

Answer:

apparently 4root3 + 8

Step-by-step explanation:

Evaluate 2/11 + 1/17 + 2/3

Answers

Answer:

509/561

Alternate form is 0.9073

Step-by-step explanation:

The L.C.M is 561.

561/11 × 2 is 102.

561/17 × 1 is 33

561/3 ×2 is 374

102/561 + 33/561 + 374 /561

= 509/561

Alternate form is 0.9073

help I will give brainly!!!!!!!!

Answers

the rise is 4 and the run is 5

Which expressions are equivalent

Answers

Answer:

The choose B. 2(2m-1)-8m

Step-by-step explanation:

2(2m-1)-8m = 4m-2 + (-8m)

I hope I helped you^_^

If a = 6 and b = 2, then what does ab equal?

Answers

Answer:

12

Step-by-step explanation:

ab

Let a = 6 and b = 2

6*2

12

Please help. I’m not sure what the answer is

Answers

Answer:

A

Step-by-step explanation:

Points A, B, and C are collinear. Point B is between A and C. Find the length indicated.​

Answers

Answer:

AB=1

Step-by-step explanation:

Colinear means all points are on the same line. We need to find the measure of AB.

Using the segment addition postulate,

ab+bc=ac

Subsitue this for our known values

[tex]2x + 15 + 9 = x + 17[/tex]

Solve for x

[tex]2x + 24 = x + 17[/tex]

[tex]x + 24 = 17[/tex]

[tex]x = - 7[/tex]

Plug this in for AB

[tex]2( - 7) + 15 = 1[/tex]

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