Stefany opens a bank account she deposit $500 with a simple interest rate of 3. 5% for 4 years how much is her ending balance at the end of 4 years

Answers

Answer 1

Stefany opens a bank account, deposits $500 with a simple interest rate of 3.5% for 4 years, and the total interest earned is then calculated as Stefany's ending balance at the end of 4 years is $570.

According to the given information:

Then, her ending balance at the end of 4 years can be calculated with this information. A simple interest formula is used to determine the interest earned, which is as follows:

I = PRT

Where, '

I = Interest

P = Principal amount

= Rate of interest

= Time period

In this problem,

I =?

P = $500

R = 3.5%

T = 4 years

By substituting these values in the formula, we get; I = PRT= 500 × 0.035 × 4

= $70

So, the interest earned after 4 years is $70.

Then, we can find her ending balance by adding the interest earned to the principal amount.

Ending balance = Principal amount + Interest

= $500 + $70

= $570

Therefore, Stefany's ending balance at the end of 4 years is $570.

To know more about simple interest formulas visit:

https://brainly.com/question/1173061

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Related Questions

Find the area of a vertical cross section through the centers of the bases of a cylinder with height of 27 inches and a circumference of about 47.1 inches. Use 3.14 for π.

Answers

Answer:

405 in^2

Step-by-step explanation:

Given data

Height= 27in

Circumference= 47.1 in

let us find the radius and the diameter of the base of the cylinder

from

C=2πr

47.1= 2*3.142*r

47.1= 6.284r

r= 47.1/6.284

r= 7.5 in

Diameter= 2r

D= 7.5*2

D= 15in

Hence the area of the cross-section

=H*D

=27*15

=405 in^2

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Answer:

x=24 ,y=156 ,z=24

Step-by-step explanation:

using linear pair 180 degrees

If the length of the longest side of the rectangle is 20cm find the shaded area to the nearest hundredth

Answers

Answer:

Step-by-step explanation:

diameter of each circle = 20/2 = 10 cm

rectangle is 20 cm by 10 cm

area of rectangle = 20×10 = 200 cm²

radius of each circle = 10/2 = 5 cm

area  of each circle = πr² = 25π cm²

shaded area = 200  - 2(25π) = 200 - 50π =42.92 cm²

3. Find the area of the
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Answer:

8 times 2 is 16 and with the line in the middle divide by 2 which is 8!

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i rlly need a worded story thingy that equals 2361.
E.g. Jack had 3 apples he a 2 how many apples does he have left ??
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I’m not sure what the question is? But if you’re referring to Jack then here you go: if Jack had 3 apples and now he ate 2 he would end up with 1 apple left.

merhaba adim omer takip edermisiniz​

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Answer:

evet ama takip etmekle ne demek istiyorsun? ve ben Kaiden!

Step-by-step explanation:

w is directly proportional to u if w=5 when u=3,find u when w is =2/7​

Answers

Answer:

u = 6/35

Step-by-step explanation:

w = k * u

w = ku

Where

k = constant of proportionality

if w=5 when u= 3

w = ku

5 = k * 3

5 = 3k

k = 5/3

find u when w is =2/7​

w = ku

2/7 = 5/3 * U

2/7 = 5/3u

u = 2/7 ÷ 5/3

= 2/7 × 3/5

= (2*3)/(7*5)

= 6/35

u = 6/35

A bag contains 4 red, 3 green, and 2 yellow marbles. One marble is randomly chosen What is the probability that the marble picked is red?​

Answers

Answer:

4/9 is the answer.

Answer:

there is more red marbles then the others

Step-by-step explanation:

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Answer:

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Step-by-step explanation:

CAN SOMEONE PLEASE HELP ME!!!

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Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answer:

1: 65 in^2

2. 55 ft^2

Step-by-step explanation:

1. First you have to find the area of the trapezoid using the formula (a+b)h/2 where a= 10, b=15, and h=8. The answer will be 100. Then subtract the area of the square inside, which is 35. The final answer is 65.

2. Subtract from the dimensions of the landscape to find the dimensions of the patio. The length of the patio is 11 ft and the width is 5 ft. Therefore, the area is 55 ft^2

Answer:

Alright, helping you because I feel bad. 1) 76 in. 2) 24 in.

Step-by-step explanation:

1. [tex]A= \frac{a+b}{2} h[/tex]    a= base b= base h= height   Plug in the numbers, [tex](\frac{10+15}{2} ) 8= 100[/tex], but we still need to subtract the area of the un-shaded region (5×2)+(7×2)= 24

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2. Find the area of both landscaping rectangles, including the patio bit.

(14×2)+(8×2)=

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Now, we multiply by two, since we counted it twice, 64 in.

Finally, subtract 64 from the the sum of the two areas from the landscape rectangles,  88-64= 24 in.

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Answers

Answer:

imma say 10/4

Step-by-step explanation:sorry if wrong

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Given f(x)=-3x+7 and g(x)=2x2 - 8, find g(f(x)).

Answers

I don’t know if this is what you’re looking for but here


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Answer the photo below thanks

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Answer:

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Step-by-step explanation:

Since

rec MNOP is similiar to STUV

then

OP/UV = NO / Tu

then

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82 + 0.6h

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Answer:

85 - 82 = .6h

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Step-by-step explanation:

85 - 82 = 3h

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Simplify the expression using order of operations. 15−7×2+23

Answers

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Step-by-step explanation:

Answer:

24

Step-by-step explanation:

Multiplication first:

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?
cuantos es 2X = 8?

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Answer:

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Step-by-step explanation:

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Answers

All of them but the first one

help me, please.....

Answers

Answer:

50 minutes left.

Step-by-step explanation:

The easiest way to do this is to convert all the fractions into minutes

So, she would've spent 1 hour and 30 minutes on her homework and 40 minutes on her telephone. If you add those amounts up, you get 2 hours and 10 minutes. Since she goes to bed 3 hours after dinner, and 2 hours and 10 minutes have gone by, you do 3 hours - 2 hours 10 minutes and you get 50 minutes.

Hope that makes sense. Let me know if you have any questions.

An electronics store has two options for liquidating televisions that have not sold. Option 1: decrease the price of each television by 5% each month Option 2: decrease the price of each television by $30 each month Which function shows the difference in price between option 1 and option 2 for a television that originally costs $350, where x is the number of months since the price decreases began? A. B. C. D.

Answers

Answer:

Your answer

F(x1) = 350 -17.5x

F(x2) = 350 - 30x

F( x1-x2) = 12.5x

Mark it as Brainlist. Follow me for more answer.

Step-by-step explanation:

Which of the following descriptions is TRUE regarding linear and exponential functions?

There is no difference between a linear function and an exponential function.
Linear functions cross the y-axis above exponential functions.
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Answer: Linear functions have a constant slope, while exponential functions start flat and get steeper

Step-by-step explanation: I just took the quiz so I know it’s right. I hope this helps :)

Answer:

Answer: Linear functions have a constant slope, while exponential functions start flat and get steeper

Step-by-step explanation:

I took the test

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Answer:

u = -112

Step-by-step explanation:

-14 = u ÷ 8

-14 × 8 = u ÷ 8 × 8

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Answer:

-112

Step-by-step explanation:

-14 = u divide by 8

 x 8                      x 8

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

-112 = u

Can I have A brainliest

you put $350 in an account the account earns $17.50 simple interest in 2.5 years was the annual interest rate​

Answers

7$ per year
Sorry I don’t have an explanation

A teacher purchased 20 calculators and 10 measuring tapes for her class and paid $495. Later, she realized that she didn't order enough supplies. She placed another order of 8 of the same calculators and 1 more of the same measure tape and paid $178.50.The system represents the situation

`20c+10m=495`

`8c+1m=178.50`

Find the cost of one calculator and the cost of one measure tape using one of our methods of solving systems.

Answers

Answer:

Equations are

20c + 10m = 495..............(1)

8c + 1m = 178.5.................(2)

Now ,  equation (2) * 10 = 80c + 10m = 1785...........(3)

So, Eq. (3) -  Eq(1) =

80c + 10m - 20c - 10m = 1785 - 495

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c= 21.5

********************************************************

Now place the value of c in Eq (2)

So , m =6.5

Mark my answer as brainlist answer

Step-by-step explanation:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Answer:

x/1 is the same as x

Step-by-step explanation:

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