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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Step-by-step explanation:

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Step-by-step explanation:

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Answers

Answer:

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

Step-by-step explanation:

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Answers

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Step-by-step explanation:

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cm2

Answers

Answer:

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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:

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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:

yes it is.

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Then by 3 to get rid of that one

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jckfakbv logsvloudckksg

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Answers

Answer:

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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

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Hence:

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

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Answers

Answer:

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Answer:

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Step-by-step explanation:

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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Answers

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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:

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Answer:

option a

Step-by-step explanation:

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Answer:

Step-by-step explanation:

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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]

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Let we have to add two fractions as:

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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.

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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:

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G'day. Here is your answer!

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Answers

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

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

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a vertical shift up 25 units

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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

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