Calculate the principal amount which earns $500 simple interest over 3 Years at a rate of 8% p.a round to the nearest cent

Answers

Answer 1
$500 was earned over 3 years
so, to find one year
500 ÷ 3 = $166.67

Interest for one year is $166.67
Interest rate for one year is 8%

8% = 166.67
1% = $20.83
100% = $2083.33

Principal amount is $2083.33
Answer 2

Final answer:

To find the principal amount that would earn $500 in simple interest over 3 years at an 8% annual rate, divide the interest by the product of the rate and period. The principal amount is $2083.33.

Explanation:

Calculating the Principal Amount from Simple Interest

To calculate the principal amount that earns $500 in simple interest over 3 years at a rate of 8% per annum, we can utilize the simple interest formula:
Interest = Principal × rate × time. Plugging in the known values, we get $500 = Principal × 0.08 × 3. This yields the equation $500 = Principal  × 0.24.

To find the Principal, we divide $500 by 0.24, which gives us approximately $2083.33. Therefore, the initial principal amount is $2083.33.


Related Questions

The graph illustrates a reflection of abc . What line is abc reflected across to create a'b'c'?

Answers

triangle ABC is reflected over the y axis
the answer is : y-axis

What is the sum of the first 7 terms of the series −8+16−32+64−

Answers

Lets Get started :)

The terms given are 
- 8 , + 16 , - 32 , + 64

The formula for finding the sum of this geometric sequence is:

Sn = [tex] \frac{a1(r^n - 1)}{r -1} [/tex]
a₁ = first term of sequence = -8
r = common ration = -2
n = term of sum we need to find = 7

Sn = [tex] \frac{-8((-2)^7 - 1)}{-2-1} [/tex]
     = -344

There is also another way, by simply adding, but you cannot perform this when they ask for a larger terms sums

Each term are multiplied by - 2, so to find the rest of the terms, we multiply by - 2 

+ 64 x - 2 = - 128
- 128 x -2 = + 256
+256 x - 2 = - 512

( - 8 ) + ( 16 ) + ( - 32 ) + ( 64 ) + ( - 128 ) + ( 256 ) + ( - 512 ) (first 7 terms)
= -344
-8 + 16 + -32 + 64 + -128 + 256 + -512 (These are the first 7 terms) The total = -344

Which of the following is true about the polynomial 4x^3 - 2x? Select all that apply.


A. The polynomial has two terms.

B. The polynomial is a fourth degree polynomial with the appropriate third or fourth terminology replacement.

C. The polynomial has a leading coefficient of 3.

D. The polynomial is written in standard form.

Answers

A. The polynomial has 2 terms: "4x^3" and "-2x".

B. The polynomial is 3rd degree, the degree of the first term. We don't know what a "terminology replacement" is supposed to be. It seems to be nonsense.

C. The leading coefficient is the coefficient of the first term. It is 4.

D. Standard form has the terms in descending order of degree. This polynomial is written in standard form.


Selections A and D are appropriate.

Lucy watched TV for 25 of an hour on Monday. She watched 79 of an hour on Tuesday. What day did she spend more time watching TV?

Answers

Hello there,

Lucy watched more TV on Tuesday.

This is because 1 hour = 60 minutes.

so, 25% of 60 min = 15 min on Monday

and, 79% of 60 min = 47.7 min rounded gives 48 minutes on Tuesday...

Hope this answer helps. Good luck.


The yearly profit of a company in thousands of dollars is given by the finction P(x) =3000+1200-6x^2 where x is the amount in thousands the company spneds on advertising. Find the amount ,x, that the company has to spend to maxamize its profit

Answers

the maximum or minimum happens when x=-b/2a
x=-1200/[2*(-6)]=100


the maximum happens when x=100

Determine whether each triangle with sides of given lengths is a right triangle. Hint: Set a2+b2=c2a2+b2=c2 If One side is equal to the other, then it's a right triangle. It sides are not equal, then it's not a right triangle. a = 6 cm b= 8 cm c = 10 cm

answers yes or no

Answers

a = 6
b = 8
c = 10 will produce a rt angle triangle.

a^2 + b^2 = c^2
6^2 + 8^2 =? 10^2
36 + 64 = ? 100
100 = 100 so the answer is yes to this part.

A 3500.00 $ principal earns 3% annual interest, Compounded semiannually after 20 years, what is the balance in the account

Answers

$4,713.99

Hope this helped!

He measure of one angle of an octagon is twice that of the other seven angles. what is the measure of each angle? answer: ,

Answers

Final answer:

The measure of one angle in an octagon is 135.625 degrees.

Explanation:

Let's denote the measure of one angle as x.

Since there are eight angles in an octagon,

the sum of all the angles in the octagon is 180(x) + 7(2x) = 180x + 14x = 194x.

We know that the sum of the angles in any polygon is equal to (n-2) times 180 degrees, where n is the number of sides of the polygon.

Therefore, 194x = (8-2) × 180. Solving this equation,

we find that x = 135.625. So, the measure of each angle is 135.625 degrees.

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6.The Polygon Similarity Postulate states that two polygons are similar if and only if there is a correspondence between their angles and their sides so that all corresponding angles are and all sides are proportional. _________
7.Similar figures have the same shape but are not necessarily the same size.

True
False

8.A directed line segment partitioned with a ratio of 4:3 would be divided into how many equal parts.

4


3


7


12


9.The ratio of the length of a side of an image to the length of the corresponding side of its pre-image is called the scale factor.

True
False

10.All properties of Proportions are valid, given that there is no ______________ in the denominator of the fraction representing the ratios.

Answers

6. angles are equal
7.True
8.True
9. Zero

6. Angles are equal and sides are proportional to similar figures
7. They can be the same size and they would be congruent but if they are proportional they would still fir the definition of similar polygons 
8. all sides when multiplied by the scale factor change by that ratio.
9.A zero in a denominator is renders it undefined.

What is the slope of the line 3x + 4y = -11?

answers:
3\4
-3\4
3
4

Answers

 you need to make it in the form of y=mx+b, and m will be the slope 
so... 
3x-4y=7 
subtract 3x from both sides 
-4y=-3x+7 
then divide both sides by -4 
y=(3/4)x-7/4 

so the slope is 3/4

Final answer:

To find the slope of the line given by 3x + 4y = -11, the equation is rearranged into the slope-intercept form, yielding a slope (m) of -3/4.

Explanation:

The question asks: What is the slope of the line 3x + 4y = -11?

To find the slope of the line, we first need to rearrange the equation into the slope-intercept form, which is y = mx + b, where m is the slope, and b is the y-intercept. Starting with the given equation

3x + 4y = -11

We isolate y on one side by first moving 3x to the right side of the equation, and then dividing everything by 4:

4y = -3x - 11y = (-3/4)x - 11/4

Now, in the form of y = mx + b, it's clear that the slope (m) of the line is -3/4.

What power do you raise a number to to get the square root of it?

Answers

Answer:  To get the "square root" of a number,  you can raise a number to the 
  "(1/2)" exponent.

A science test, which is worth 100 points, consists of 24 questions. Each question is worth either 3 points or 5 points. If x is the number of 3-point questions and y is the number of 5-point questions, the system shown represents this situation. x + y = 24 3x + 5y = 100 What does the solution of this system indicate about the questions on the test? The test contains 4 three-point questions and 20 five-point questions. The test contains 10 three-point questions and 14 five-point questions. The test contains 14 three-point questions and 10 five-point questions. The test contains 20 three-point questions and 8 five-point questions.

Answers

We must solve the system in order to find an answer.
Let's solve the system of equations:
[tex]x + y = 24\\ 3x + 5y = 100[/tex]
Now let us multiply the first equation by -3:
[tex]x + y = 24/\cdot(-3)\\ 3x + 5y = 100\\ --------\\ -3x-3y=-72\\ 3x + 5y = 100 [/tex]
We add those two equations together( 3x-3x will cancel out):
[tex]-3x-3y=-72\\+ 3x + 5y = 100\\ --------(+)\\ 2y=28\\ y=14 [/tex]
Now we simply plug y=14 into any of the starting equations to find x:
[tex]x + y = 24\\ x+14=24\\ x=10[/tex]
The answer is B:
The test contains 10 three-point questions and 14 five-point questions.

The answer to your question is B :)

There are 20,000 owls in the wild. Every year the population decreases by 8%. How many owls will there be after 8 years?

Answers

After 8 years, there will be approximately 10,260 owls remaining in the wild. This calculation is based on an initial population of 20,000 owls decreasing by 8% annually, yielding a final population using the formula for exponential decay.

To find out how many owls will remain after 8 years, we can use the formula for exponential decay:

[tex]\[ \text{Final population} = \text{Initial population} \times (1 - \text{Rate of decrease})^{\text{Number of years}} \][/tex]

Given:

Initial population (P) = 20,000 owls

Rate of decrease (r) = 8% = 0.08

Number of years (t) = 8

Plugging in the values:

[tex]\[ \text{Final population} = 20,000 \times (1 - 0.08)^8 \][/tex]

[tex]\[ \text{Final population} = 20,000 \times (0.92)^8 \][/tex]

[tex]\[ \text{Final population} \approx 20,000 \times 0.513 \][/tex]

[tex]\[ \text{Final population} \approx 10,260 \][/tex]

So, after 8 years, there will be approximately 10,260 owls remaining in the wild.

What is general form of equation of a circle with center at (a,b) and radius of length m?

Answers

All points on a circle has the same distance (radius) to the center. Specifically, the distance from point (x,y)to center (a,b) is \sqrt((x-a)^2+(y-b^2)), which is equal to radius m. So \sqrt((x-a)^2+(y-b^2))=m. Square both sides, (x-a)^2+(y-b)^2=m^2.

The general form of the equation of a circle with centre at [tex]\((a, b)\)[/tex] and radius [tex]\(m\)[/tex] is: [tex]\[ x^2 + y^2 - 2ax - 2by + (a^2 + b^2 - m^2) = 0 \][/tex].

The general form of the equation of a circle is [tex]\( (x - h)^2 + (y - k)^2 = r^2 \)[/tex], where [tex]\((h, k)\)[/tex] represents the centre of the circle and [tex]\(r\)[/tex] represents the radius.

If we expand and rearrange this equation, we get [tex]\( x^2 + y^2 - 2hx - 2ky + (h^2 + k^2 - r^2) = 0 \)[/tex].

Comparing this with the given options, we see that [tex]\( h = a \), \( k = b \), and \( r = m \)[/tex].

Substituting these values into the general form, we get [tex]\( x^2 + y^2 - 2ax - 2by + (a^2 + b^2 - m^2) = 0 \)[/tex], which matches the correct option.

Complete Correct Question:

What is the general form of the equation of a circle with center at (a, b) and radius of length m?

a. x2 + y2 - 2ax - 2by + (a2 + b2 - m2) = 0.

b. x2 + y2 + 2ax + 2by + (a2 + b2 - m2) = 0.

c. x2 + y2 - 2ax - 2by + (a2 + b2 + m2) = 0.

d. x2 + y2 + 2ax + 2by + a2 + b2 = -m2.

What is the solution to the equation 5x = 40?

Answers

To find X, we can divide 5 into 40.
40 divided by 5 is 8.
Now we can do 5 x 8. That is 40.

X=40

OR we can do it another way.
40 divided by 5 is 8.
Cross out 5 divided by 5.

Now we have 8. Still.
X is 8
Hello,

The answer is "x=8".

Reason

5x=40=40/5

40/5=8

x=8

If you need anymore help feel free to ask me!

Hope this helps!

~Nonportrit

The line through (8, 0) with slope -3/4 in slope-intercept form

Answers

[tex]\bf \begin{array}{ccccccccc} &&x_1&&y_1\\ % (a,b) &&(~ 8 &,& 0~) \end{array} \\\\\\ % slope = m slope = m\implies -\cfrac{3}{4} \\\\\\ % point-slope intercept \stackrel{\textit{point-slope form}}{y- y_1= m(x- x_1)}\implies y-0=-\cfrac{3}{4}(x-8) \implies y=-\cfrac{3}{4}x+6[/tex]

How much water can be held by a cylindrical tank with a radius of 12 feet and a height of 30 feet?

Answers

Cylinder Volume   =   π • r² • height
Cylinder Volume   =   3.14159 * 12 * 12 * 30
Cylinder Volume   =   13,571.67 cubic feet

 



50 POINTS AND BRAINLIEST!!! QUICK

3. At a zoo, the lion pen has a ring-shaped sidewalk around it. The outer edge of the sidewalk is a circle with a radius of 11 m. The inner edge of the sidewalk is a circle with a radius of 9 m.

(a) Write and simplify an expression for the exact area of the sidewalk.
(b) Find the approximate area of the sidewalk. Use 3.14 to approximate π.

Answers

A)

R = outside radius
r = inside radius

equation: ( pi*R^2) - (pi*r^2)

B)
 3.14 x 11^2 - 3.14 x 9^2

379.94 - 254.34 = 125.6 square meters






A = pi r^2  pi 9^2 81pi  81 * 3.14 = 254.34   pi 11^2 = 121pi   121 * 3.14 =379.94
379.94 - 254.34 = 125.60 area of sidewalk

Hope it helps  

The coordinates of triangle DEF are Upper D left parenthesis 3 comma 3 right parenthesis​, Upper E left parenthesis 8 comma 3 right parenthesis​, and Upper F left parenthesis 5 comma 7 right parenthesis. If you translate triangle DEF 2 units right and 3 units down​, what are the coordinates of Upper E​'?

Answers

The answer would be (10 , 5)

The perimeter of a rectangular outdoor patio is 60 ft. the length is 4 ft greater than the width. what are the dimensions of the patio? l w

Answers

The length of rectangular outdoor patio is 17 feet and the width is 13 feet.

Given that, the perimeter of a rectangular outdoor patio is 60 ft.

What is the perimeter of a rectangle?

The perimeter of a rectangle is the total distance of its outer boundary. It is twice the sum of its length and width and it is calculated with the help of the formula: Perimeter = 2(length + width).

Let the width of the rectangular outdoor patio be x.

Then, the length is 4 ft greater than the width = x+4

Now, perimeter = 2(x+x+4)

⇒ 2(2x+4) = 60

⇒ 4x+8=60

⇒ 4x=52

⇒ x=13

Length = x+4 = 17

Therefore, the length of rectangular outdoor patio is 17 feet and the width is 13 feet.

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given that (-8,- 7) in on the graph of f(x), find the corresponding point for the fuction f(x -4)

Answers

The point (x1,y1) on the graph of f(x) is the point (x1-a,y1) for the function
f(x+a)

(-8,-7)=(x1,y1)→x1=-8, y1=-7
f(x-4)=f(x+a)→a=-4

(x1-a, y1)=(-8-(-4), -7)=(-8+4, -7)=(-4,-7)

The corresponding point for the fuction f(x -4) is (-4,-7)

Two circle are inscribed inside squares. Write a function f in terms of the radius r that represents the area of the shaded region. Leave your answer in terms of π.

f(r)=___

Answers

The function [tex]f[/tex] in terms of the radius [tex]r[/tex] that represents the area of the shaded region is [tex]f(r) = 2\pi\cdot r^{2}[/tex].

The area of the shaded region is the sum of the areas of the two circles of same radius, each of them represented by the following formula:

[tex]A_{r} = \pi\cdot r^{2}[/tex] (1)

Where:

[tex]A_{r}[/tex] - Area of the circle.[tex]r[/tex] - Radius of the circle.

Then, the formula for the shaded area is:

[tex]f(r) = 2\cdot A_{r}[/tex]

[tex]f(r) = 2\pi\cdot r^{2}[/tex] (2)

The function [tex]f[/tex] in terms of the radius [tex]r[/tex] that represents the area of the shaded region is [tex]f(r) = 2\pi\cdot r^{2}[/tex]. [tex]\blacksquare[/tex]

Remark

The figure is missing and the statement present mistakes. Correct statement is shown below:

Two circle are inscribed inside squares. Write a function [tex]f[/tex] in terms of the radius [tex]r[/tex] that represents the area of the shaded region. Leave your answer in terms of π.

To learn more on areas, we kindly invite to check this verified question:  https://brainly.com/question/1631786

helpppppppppppppppppp

Answers

y = e ^ (4x)
 For this case what you should see are the values that the function takes when substituting any value of y.
 We have then that the function will always be greater than zero.
Therefore the rank of the function is:
 y> 0
 Answer:
 y> 0
 option 2
Answer:
y > 0

Explanation:
The range is defined as all the possible values for the y.
We know the exponential function never gives a negatives zero. It also doesn't give a zero value.
This means that whatever the value of the power of the exponent is, the answer would always be a positive value greater than zero

Hope thus helps :)

Pls, answer!! I will mark the 1st person to answer correctly with work as brainliest for 20 points!

Answers

Lets get started ;)
 
[tex] 8\frac{1}{3} [/tex] = [tex] \frac{25}{3} [/tex]
[tex]2 \frac{1}{3} [/tex] = [tex] \frac{7}{3} [/tex]
8.1 = [tex] \frac{81}{10} [/tex]

(When you divide by a value/fraction, you can multiply by its reciprocal)

[tex] \frac{25}{3} [/tex] × [tex] \frac{1}{x} [/tex] = [tex] \frac{7}{3} [/tex] × [tex] \frac{10}{81} [/tex]

[tex] \frac{25}{3x} [/tex] = [tex] \frac{70}{243} [/tex]

We can cross multiply :)

25 × 243 = 3x × 70
6075 = 210x

We can divide by on either side to isolate x and thus find its value

[tex] \frac{6075}{210} [/tex] = [tex] \frac{210x}{210} [/tex]

210 and 210 cancels out on the right-hand side


[tex] \frac{405}{14} [/tex]  = x


A animal shelter has 16 puppies. If the puppies are 32% of the total dogs and cats population, how many dogs and cats are in the animal shelter?

Answers

32%=16
100%=[tex] \frac{100}{32} *16=50animals[/tex]

The total number of animals in a shelter is 50 and number of cats in the shelter is 34.

Given that, a animal shelter has 16 puppies. If the puppies are 32% of the total dogs and cats population.

What is percentage?

Percentage is defined as a given part or amount in every hundred. It is a fraction with 100 as the denominator and is represented by the symbol "%".

Let x be the total number of dogs and cats are in the animal shelter.

So, 32% of x=16

⇒ 32/100 ×x=16

⇒ 0.32x=16

⇒ x=16/0.32

⇒ x=50

So, number of cats =50-16

= 34

Therefore, the total number of animals in a shelter is 50 and number of cats in the shelter is 34.

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Can someone help me...?

Answers

1. (x, y) = (7, -12)

2. x = 1, x = 2 are both solutions

please help understand this and get it done.

Answers

You have an odd number of minus signs in your problem statement. You need an odd number of minus signs in your answer.

The 1st, 3rd, and 5th selections are appropriate.

Find the angle with a tangent ratio of 0.9325

Answers

To find the angle with a given tangent, use the inverse tangent.  
Putting tan⁻¹ (0.9325) in the calculator gives us a value of 42.9995 ≈ 43°.  Double check by using the calculator for tan(43).  You get a value of 0.9325.

Answer:

B. 43

Step-by-step explanation:

A machine can produce 27 inches of ribbon in 3 minutes.how much ribbon can the machine produce in 1 hour produce in 1 hour?

Answers

540 it produce in a hour

an internet passcode consists of a digit followed by a letter, followed by another digit. Assuming the digits are 0-9, how many different passcode are possible?

Answers

There are 10 single-digits (0 through 9) and 26 letters (A through Z)

For the first slot there are 10 choices which represents selecting a single digit
For the second slot there are 26 choices because we choose a single letter here.
Finally there are another 10 choices for the third slot (assuming repeats are allowed)

Multiply the values out: 10*26*10 = 260*10 = 2600

Answer: 2600

Answer:

2600

Step-by-step explanation:

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The nobles, whose power had become exorbitant during the reign of Stephen, and whom the prudence of Henry the Second had scarce reduced to some degree of subjection to the crown, had now resumed their ancient license in its utmost extent; despising the feeble interference of the English Council of State, fortifying their castles, increasing the number of their dependants, reducing all around them to a state of vassalage, and striving by every means in their power, to place themselves each at the head of such forces as might enable him to make a figure in the national convulsions which appeared to be impending.According to the author, the king of England during the time in which the story is set was __________.Question 2 options:StephenRichard IWilliam the ConquerorHenry II Describe examples of allopatric radiation in the madagascar-india landmasses and dusky salamanders. when a country has favorable trade balances, its currency is usually stable or rising true or false an expert is someone who que marca de cigarros tien sabor a chocolate what unwinds in multiple areas as DNA is ready replicated? 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