Mike invests $12,500 at 9% for a term of 12 years. What is the interest earned for his investment?

Answers

Answer 1

Answer:

$13.5

Step-by-step explanation:

l= P×R×T/100

I= 12,500×9×12/100

l= $13,5

Answer 2

The interest earned for his investment after 12 years is $13,500.

What is the simple interest?

Simple interest is a method to calculate the amount of interest charged on a sum at a given rate and for a given period of time.

Simple interest is calculated with the following formula: S.I. = (P × R × T)/100, where P = Principal, R = Rate of Interest in % per annum, and T = Time.

Given that, P=$12,500, rate of interest=9% and time period=12 years.

Here, simple interest = (12500×9×12)/100

= 1350000/100

= 13,500

So, the interest is $13,500

Therefore, the interest earned for his investment after 12 years is $13,500.

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Related Questions

What is the distance from the origin to point P graphed on the complex plane below?

Answers

square root of 29, so option 2

A company has developed a new type of light bulb and wants to estimate its mean lifetime. A simple random sample of 100 bulbs had a sample mean lifetime of 750.2 hours with a sample standard deviation of 30 hours. Construct a 98% confidence interval for the population mean lifetime of all bulbs manufactured by this process.

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Answer:

hh

Step-by-step explanation:

JHWKHvksdhvdsjKdsk

What is the total number of digits required in numbering the pages of a book, which has 1,150 pages?

Answers

There are 9 digits 1-9.
There is a total of 4,693 digits in the book.

Identify the coefficients: -3h - 2h + 6h +9

Answers

Answer:

its -3h,-2h,6h

Step-by-step explanation:

hope i helped

-3h -2h +6 coefficients have verbales which are letters which is why 9 isn’t a coefficient

helpppppppppppppppppp​

Answers

how much was the second one?

A contractor bought 8?2 ft2 9f sheets of metal. she has used 3.5ft2 so far has 84.60 worth of sheets metal remaining. the equation 8.2x-3.5x=84.6 represents how much sheet is remening and the cost of the remaining. how much does the sheet metal cost per square foot?​

Answers

Answer:

The ratio 19/25 is the same as 76/100, or 0.76.

Multiplying this by 100%, we get 76%, the percentage of questions answered correctly.

Subtracting 76% from 100% results in 24%, which is the percentage of questions not answered correctly.

Step-by-step explanation:

What is 6√2⋅√11−2√22 expressed in simplified form?

Answers

Hope this help you!!! :))

Hello, I wanted to leave you this photograph of mathematics that I think will be very useful to some of you, observe it​

Answers

Answer:

yes

Step-by-step explanation:

Answer:

thank you

Step-by-step explanation:

:)

The set {1,2,3,4,...} is called the set of

Answers

This is an example of a finite set

I hope this is the answer you're looking for :)

Period of y=2tan (2x+90) -1

Answers

20 is the answer
I hope this help

If A= (-1,-3) and B= (11,-8) what is the length of AB?

Answers

Answer:

AB is 13

Step-by-step explanation

Write each phrase as an expression.
Double the sum of x and 4.

Answers

your answer should be 2(x+4)

Find each value for the geometry triangles below

Answers

Answer:

14. x=18

Step-by-step explanation:

For 14 you can see that all the angles must add up to 180.

Setup the equation 5x+2x+x=180 and solve for x

For 15 do the same thing, add up all of the lengths and substitute the missing one as W. Set them equal to 360 and you should get your answer.

where does 17 lies between

Answers

Answer:

it lies between 16 and 18

Step-by-step explanation:

Answer:

16 and 18

Step-by-step explanation:

Louis deposited $300 into his bank account. She now has $4501. Enter and solve an equation to find how much was in his account before the deposit. Let it represent the variable.

Answers

Answer: $4,201

Step-by-step explanation: 4,501 - 300 = 4,201

Answer:

d+300=4501

Step-by-step explanation:

Take the total: 4501 and subtract it by the amount of money he deposited the second time: 300 and that will show you the missing amount he had in his account before the deposit.

4501-300=4201

74,626,831.08 ROUNDED TO THE TENTH.

Answers

Answer:

74,626,831.1

Step-by-step explanation:

You'd notice that in the 0.8 part that the number 8 is greater than 5, and with rounding, if the number if 5 or over, then you round the decimal place before it to a number higher.

f(x) = x2. What is g(x)?

Answers

i believe the answer is (1/2x)^2 (answer choice D hope this helps!

Find the slope of the line going through the points
(7,13) and (7,6). Write your answer in simplest
form. If the slope is undefined, write "undefined".

Answers

Answer:

Dont ask me

Step-by-step explanation:

Okay!!!!!

The slope would be -1.

In order to find this answer use the equation m=y2-y1/x2-x1 to plug in the value of the points and subtract. Then , if you plug it in correctly, you would get -7/7 which simplifies to -1.

Hope this helped:)

What is the value of x in this equatain x/2 - x = x/4 + 6

Answers

Answer:

x=-8

Step-by-step explanation:

What is the standard form of 3.457

Answers

Answer:

3.457 is already in standard form.

Step-by-step explanation:

it’s 3.457 or you can write it as 3.457x10^0

A falcon flew 70 miles in 3 hours. What was the speed of the falcon?

speed = distance over time ; 1 mile = 1609 meters.

Answers

Answer:

10.4 meters per second i think?

Step-by-step explanation:

Speed=distance over time
Distance= 70 miles
Time = 3 hours
70/3= 23.3333
Speed is approx 23.3miles per hour

What is the value of p?



p+2−4=14



Drag and drop the correct answer in the box.

p = Response area

Answers

Hi :)

p= 16

Subtract 4 from 2 to get −2
p−2=14

Add 2 to both sides
p=14+2


Add 14 and 2 to get 16
p= 16


Hope this helps :)

Answer: p=16

Step-by-step explanation:

Find the midpoint M of the line segment joining the points S=(-2,8) and T=(6,-2)

Answers

Step-by-step explanation:

[tex] \frac{6 + ( -2)}{2} = 2[/tex]

this is for x

[tex] \frac{ - 2 + 8}{2} = 3[/tex]

this is for y

so it will become (2,3)

Name all rays with endpoint E

Answers

Answer: Is there an image??

AE, BE, CE, and DE is the rays with endpoint E.

What is a vector?

An item with both magnitude and direction is referred to be a vector.

A vector can be visualized geometrically as a straight spline, with a pointing in the orientation and a length equal to the value of the vector.

Geometrical objects with magnitude and direction are called vectors.

A line with an arrow in its direction can also be used to represent a vector, and the length of the line relates to the vector's amplitude.

Given the figure,

The endpoint of all rays is E.

The rays associated with point E are;

AE, BE, CE, and DE

Hence "AE, BE, CE, and DE is the rays with endpoint E".

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How would you graph y = -4/9x + 6

Answers

9514 1404 393

Answer:

graph the y-interceptfind another point (down 4, right 9)draw the line through the 2 points

Step-by-step explanation:

When the equation of a line is given in slope-intercept form, as this one is, it is usually convenient to make use of those values (intercept and slope).

Here, the y-intercept is 6. The slope is -4/9, which means the line goes down 4 units for each 9 units to the right.

The y-intercept is graphed at (0, 6). An additional point can be graphed at (9, 2). Then the line can be drawn through these points.

It took Jesse 195 minutes to write an essay for school.
How many hours did it take Jesse to write the essay for
school?

Answers

Answer: 3 hours and 15 minutes

Step-by-step explanation:

Answer:

Time taken by Rahm to write the essay and finish the science project = 12.5 hours    

Step-by-step explanation:

Now, we need to find the total time spent by Rahm to finish the both writing the essay and the science project.

Hence, Time taken by Rahm to write the essay and finish the science project = 12.5 hours

Write the slope-intercept form of the equation for
each graph described.
Line passing through (-2,-8) and (9,-8)

Answers

Answer:

y=-8

Step-by-step explanation:

First find the slope which is rise over run which equals (y2-y1)/(x2-x1)

(-8-(-8))/(9-(-2))

(-8+8)/(9+2)

0/11

slope = 0

Now you have the slope of 0. You can plug in one of the given point (x,y) to find b

-8=0(9)+b

-8=b

Combine everything

y=0x-8

y=-8

The density of a certain material is such that it weighs 5 kilograms for every 8.5 fluid
ounces of volume. Express this density in ounces per liter. Round your answer to the
nearest whole number.

Answers

Answer:

701 ounces per liter

Step-by-step explanation:

it's from delta math

The required density in ounces per liter is 140 onces per liter.

The density of a certain material is such that it weighs 5 kilograms for every 8.5 fluid ounces of volume.
To determine density in ounces per liter.

What is volume?

Volume is defined as the ratio of the mass of an object to its density.

As given that, t weighs 5 kilograms for every 8.5 fluid ounces of volume.
1 KG = 7.0474 ounces
5kg = 35.247
8.5 fluid of ounces = 0.251 liter

Density is given as,
= mass / volume
= 35.274 / 0.251
= 140 ounces per liter.

Thus, the required density in ounces per liter is s140 ounces per liter.

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Choosing from 8 car models, 5 exterior paint colors, and 2 interior
colors

Answers

i think it is 17 but i’m not sure i’m not the best at math

A day care center has 52 children. Each teacher has the same number of children. How many children could each teacher at the center have.

Answers

Answer:

The answer to this question would depend on how many teachers are available in the day care center.

If every teacher is to have the same number of children then the number of teachers will be factors of 52 which are more than 1;

2, 4, 13, 26, 52

If there are 2 teachers, each teacher will have 26 children

If there are 4 teachers, each teacher will have 13 children

If there are 13 teachers, each teacher will have 4 children

If there are 26 teachers, each teacher will have 2 children

If there are 56 teachers, each teacher will have 1 child

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