Loretta invested $1000 in a simple interest account yielding 5% paid annually. In 2 years, she will have $1100 in her account. From this example, we can conclude that 5% represents the:

Answers

Answer 1

Final answer:

The 5% represents the annual interest rate on Loretta's investment in a simple interest account.

Explanation:

The 5% represents the annual interest rate on Loretta's investment. In simple interest, the interest is calculated as a percentage of the initial investment. So, if Loretta invested $1000, and after 2 years her account has grown to $1100, the interest earned would be $100 (1100 - 1000).

To find the interest rate, we can use the formula:

Interest = Principal * Rate * Time

Using the given information, we can plug in the values and solve for the rate:

100 = 1000 * Rate * 2

Simplifying the equation, we get:

Rate = 100 / (1000 * 2) = 0.05 or 5%

Therefore, the 5% represents the annual interest rate in this scenario.


Related Questions

A ski jacket costing $160 is $20 less than twice the cost of the matching ski pants. Find the total cost of the ski jacket and matching ski pants.

Answers

The ski jacket costs $160 and the pants cost $70 because if u do 160-20=140 which, if u divid by 2, will give you 70

The answer is $230

The total cost of the ski jacket and matching ski pants is $250.

Given that, a ski jacket costing $160 is $20 less than twice the cost of the matching ski pants.

What is an equation?

In mathematics, an equation is a formula that expresses the equality of two expressions, by connecting them with the equals sign =.

Let the cost of matching ski pants be x.

Now, 2x-20=160

⇒ 2x=180

⇒ x=90

So, the cost of the matching ski pants is $90.

Total cost = 160+90 = $250

Therefore, the total cost of the ski jacket and matching ski pants is $250.

To learn more about an equation visit:

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Dependent events can best be described as. A= two or more events that have the same probabilities. B= two or more events that do not have the same probabilities. C= a group of events whose later outcomes are not affected by previous outcomes.D= a group of events whose later outcomes are affected by previous outcomes.

Answers

D.

The dependent event happens in result of something, the independent event.

Hope this helps!
Answer:

Option: D is the correct answer.

D = a group of events whose later outcomes are affected by previous outcomes.

Step-by-step explanation:

We know that two events Event A and event B are said to be dependent if the occurrence of one outcome affects the occurrence of the other outcome.

For example--

If we have a bag containing 5 blue marbles, 2 red marbles and 3 green marbles then if we draw first marble and then draw second without replacement.

Then the event of drawing a blue marble first and then a green marble are dependent events.

A table is 3 feet and 2 inches wide and a chair is 25 inches wide how much wider is the table then chair in inches

Answers

To answer this problem, you would need to convert the values into inches.
12 inches = 1 ft

Table = 3ft 2 in = 38 inches wide
Chair = 25 inches wide

Then just subtract the two values to find how much wider the table is than the chair.

38-25=13 inches wider

Answer:

junko enishima

Step-by-step explanation:

3c+2d=2;d=4 step by step

Answers

Hi there!

3c + 2d = 2 for d = 4
3c + 2(4) = 2
3c + 8 = 2
Subtract 8 to both sides
3c + 8 - 8 = 2 - 8
3c = -6
Divide both sides by 3
3c/3 = -6/3
c = -2

I hope I helped!

Pablo simplified the expression(2^-4)^-2 as shown.

(2^-4)^-2=2^-4*^-2=2^-8


Which statement explains Pablo’s error?

A. He should have added the exponents instead of multiplying them.
B. He should have divided the exponents instead of multiplying them.
C. He should have found 8 as the exponent, not –8.
D. He should have written mc014-3.jpg as mc014-4.jpg.

Answers

 (2^-4)^-2 = 2^[(-4)*(-2)] = 2^8
answer

C. He should have found 8 as the exponent, not –8.

Answer:

C. He should have found 8 as the exponent, not –8.

Step-by-step explanation:

We have been given an expression [tex](2^{-4})^{-2}[/tex]. We are asked to find the Pablo's error in simplifying the expression.

Let us check steps done by Pablo.

In first  step Pablo has simplified [tex](2^{-4})^{-2}[/tex] to [tex](2)^{(-2*-4)}[/tex] using power rule property of exponents which states that to raise a power to a power we have to multiply the exponents. Therefore, his first step is correct.  

Now let us check Pablo's second step. We can see that Pablo multiplied -2 by -4 and simplified to [tex]2^{-8}[/tex].  

Since we know that multiplying a negative number with another negative number gives a positive result, therefore, Pablo made mistake in second step. He should have found 8 instead of -8 as the exponent.    

The correct steps for simplifying the given expression will be [tex](2^{-4})^{-2}=2^{(-2*-4)}=2^{8}[/tex].  

Upon looking at our given option we can see that option C is the correct statement about Pablo's error.  


Out of 32 students in the class 5 said they rode their bikes to school based on their results how many of the 800 students in the school rode their bikes toschool

Answers

The ratio is 5:32.
To make this equivalent we need to find the ratio between 800 and 32:

800/32
25
Now, multiply 5 and 25

25*5
125

Hope this helped!

Geometry- You are designing a poster that will be 3yd wide and 8ft high. How much paper do you need to make the poster? Give your answer in square feet. My answer was 72ft^2, but the textbook says 74ft^2. Can someone please check to see if my answer is correct and the textbook is wrong.

Answers

Yea. The text book is either wrong or it knows something that we don't. Like as to why they would need to have two more feet. You're right though

Which rule represents R0, 180

Answers

Answer:

[tex](x, y) \rightarrow (-x, -y)[/tex]

Step-by-step explanation:

Rotation of any point in the form of (x, y) about the origin O through 180 degree in anticlockwise or counterclockwise direction, it will takes the new position (-x, -y)

i.e,

The rule of rotation about the origin through 180 degree is given by:

[tex](x, y) \rightarrow (-x, -y)[/tex]

For example:

Let the point A(-4, 6) rotate by the rule [tex]R_{0, 180^{\circ}}[/tex]

then;

[tex]A(-4, 6) \rightarrow (4, -6)[/tex]

⇒the coordinate of  image of the point A is, (4, -6)

Therefore, the rule represents [tex]R_{0, 180^{\circ}}[/tex]  is, [tex](x, y) \rightarrow (-x, -y)[/tex]

Answer:

B

Step-by-step explanation:

What is the abbreviation for SI unit of mass

Answers

I would go with either NIST or SIKG. I put SIKG because the abbreviation for mass is kg and you r look for the SI unit of mass and then the SI stands for International System of units. So when you put both SI And KG (kilograms=mass) it makes SIKG.


This is probably not right but I tried.

Good Luck!
Kilogram
Kg I think I did this last year sk

Chris is trying to find the volume of a pool. What unit will he use?

Answers

He will use meter^3

Hope this helped!

When measuring the volume of a swimming pool, larger units of capacity like liters and gallons are used. For an Olympic-sized pool, the volume is often measured in megaliters or cubic meters.

When measuring the volume of a swimming pool, we are dealing with a very large capacity, therefore using small capacity units like milliliters would not be practical due to the large numbers it would involve. In cases such as filling a pool, larger units of capacity are more appropriate. Common units of measure for such large volumes are liters and gallons. For very large swimming pools, like Olympic-sized ones, volume is often expressed in megaliters (ML) because one megaliter equals one million liters. For instance, an Olympic-sized swimming pool holds about 2,500,000 liters, which can also be expressed as 2.5 megaliters (ML).

Additionally, when working with the volume of a pool, it would also be possible to measure in cubic meters (m³). This is particularly common in scientific contexts or in regions where the metric system is standard for all measurements.

What is another name for like r.

Answers

It would seem that r correlates to line AC. So another name could be Line AC. Remember to put a line above the two letters to let people know it is a line. I hope this helps! =) 
You can also identify lines by points on the line, so we could call it line AC

find the rate in the following problem Round the answer to the nearest hundredth of a percent. What percent of 85 is 10?

Answers

Final answer:

To find the percent of 85 that is 10, divide 10 by 85 and multiply by 100. The answer is 11.76%.

Explanation:

To find the percent of 85 that is 10, we divide 10 by 85 and multiply by 100.

10 / 85 = 0.1176

0.1176 * 100 = 11.76%

Roundin the answer to the nearest hundredth of a percent, we get 11.76%.

find the missing data item given the following values
25, 28, 21, x, 32

Answers

Is the question multiple choice?

HELP PLEASE!!!!!!! 10 POINTS!!!
How do the rules for adding and subtracting signed decimals compare with the rules for adding and subtracting integers? please explain

Answers

If sign is the same add and keep the sign

If the sign is different subtract and keep the sign of larger absolute value

Subtraction rules: add opposite and then use addition rules

Constructed Response 1: A student thinks that the sum of 4.3 and 8.4 is 12.7 because 4 + 8 = 12 and 3 + 4 = 7. The student then adds 3.6 and 2.7 and gets 5.13 because 3 + 2 = 5 and 6 + 7 = 13. Identify the mistake in the student’s procedure and explain why this procedure won’t always work. *

Answers

6 + 7 = 13 (so more than 10)

So you must add that 1 to te result of 3+2

1+2+3= 6

Final result : 6.3




Simplify −0.5i−i


Enter your answer in the box.

Answers

Answer: -1.5i

Step-by-step explanation: This was correct

Which expression can be used to convert 22 Australian dollars to US dollars?

Assume 1.2 Australian dollars equals 1 US dollar.

$22 AUD ×

$22 AUD ×
$1.20 AUD ×
$1.20 AUD × pls help need awnwer quick

Answers

$22 AUD * 1 USD / 1.2 AUD
Hope that helps

Answer:

[tex]\frac{22\text{ AUD }\cdot 1\text{ USD}}{1.20\text {AUD}}[/tex]

Step-by-step explanation:

We are told that 1.2 Australian dollars equals to 1 US dollar. We are supposed to write an expression that can be used to convert 22 Australian dollars to US dollars.

To find the amount of US dollars in 22 Australian dollars we will divide 22 by amount of Australian dollars that is equal to 1 US dollar (1.2 AUD).

[tex]22\text{ AUD}=\frac{22\text{ AUD }\cdot 1\text{ USD}}{1.20\text{ AUD}}[/tex]

Australian dollars will cancel out with Australian dollars from unit parts and our unit will be in American dollars.

[tex]22\text{ AUD}=\frac{22\cdot 1\text{ USD}}{1.20}[/tex]

Therefore, our desired expression that can convert 22 Australian dollars to US dollars will be  [tex]\frac{22\text{ AUD }\cdot 1\text{ USD}}{1.20\text { AUD}}[/tex].

a toy manufacturer estimates that 6% of its products are defective. if it produces 550 toys in one day, how many will be defective?

Answers

Answer:

33

Step-by-step explanation:

We need to find 6% of 550.

We can calculate with a direct rule of 3. If the 100% is 550, how much is the 6%?

[tex]100 -\!\!\!-\!\!\!- 550\\ 6 -\!\!\!-\!\!\!- x[/tex]

We use the formula of the direct rule of 3:

[tex]x = \frac {6 * 550}{100} \\ \\ x = \frac {3300}{100}\\ \\ x = 33[/tex]

33 toys will be defective.

If a toy manufacturer produces 550 toys in one day, then the number of toys that would be defective is 33 toys.

Let the defective toys be D.Let the total toys be T.

Given the following data:

Total number of toys produced in a day = 550 toys.

To find the number of toys that would be defective from a production:

[tex]D = \frac{6}{100}[/tex] × [tex]T[/tex]

Substituting the given parameters into the formula, we have;

[tex]D = \frac{6}{100}[/tex] × [tex]550[/tex]

[tex]D = 0.06(550)[/tex]

Defective toys, D = 33 toys.

Ratio: https://brainly.com/question/12212308

What is the solution of the system of equations ? 2x-y=7 y=2x+3

Answers

2x-y = 7 so y = 2x - 7
y = 2x+3

2x - 7 = 2x + 3
0 = 10

Answer
No solution

Answer:

Step-by-step explanation:

I forgot

A freight train travels at 30 mph. If the freight train is 300 miles ahead of an express train traveling at 55 mph, how long will the express train take to overtake the freight train?

Which equation could be used to find the number of miles the trains will travel?

A. 30x = 55(x + 300)

B. x÷30 = (x - 300)÷55

C. x÷30 = (x + 300)÷55

Answers

Answer:

The answer is C. x÷30 = (x + 300)÷55

Step-by-step explanation:


The equation that could be used to find the number of miles the trains will travel is C. x÷30 = (x + 300)÷55.

What is a system of equations?

A system of equations is two or more equations that can be solved to get a unique solution. the power of the equation must be in one degree.

A freight train travels at 30 mph. If the freight train is 300 miles ahead of an express train traveling at 55 mph.

The equation will be

Total speed = Total distance / time taken

x ÷ 30 = (x + 300) ÷ 55

The equation that could be used to find the number of miles the trains will travel is C. x÷30 = (x + 300)÷55.

Learn more about equations here;

https://brainly.com/question/10413253

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A map is drawn to scale such that 1/8 inch represents 65 feet. if the shortest route from the dorm to the grocery store measures 23 ¼ inches on the map, how many miles is it to the grocery store? round to the nearest tenth.

Answers

The answer is miles. I'll use decimals in my explanation.
23.25 divided by 0.2 equals 116.25
116.25 multiplied by 65 equals 7556.25
7556.25 divided by 5280 equals 1.43110795455
Rounded to the nearest tenth that's 1.4
Hope it helped.

If the interest rate on a savings account is 0.018%, approximately how much money do you need to keep in this account for 1 year to earn enough interest to cover a single $9.99 Below-Minimum-Balance Fee?
$55,555
$55
$555
$5,555

Answers

In this question, the interest rate is 0.018% and you need to have $9.99 interest. That mean, you need to divide the target interest value with the interest rate. The calculation would be:

interest = bank account * interest rate
$9.99 = bank account * 0.018%
bank account = $9.99/ 0.018%   (don't forget the % mean 1/100)
bank account = $55.500

Assuming that the $9.99 value is $9.9999... then the answer would be $55.555

Write the quadratic function in vertex form. y = x2 + 8x + 18

Answers

for vertex form, half the middle term and square it
(x2 + 4x + 16) + 18 - 16
so...
(x + 4) ^2 + 2

A restaurant earns $1240 on Friday and $921 on Saturday. Write and solve an equation to find the amount xx (in dollars) the restaurant needs to earn on Sunday to average $1000 per day over the three-day period. Write your equation so that the units on each side of the equation are dollars per day

Answers

Alright, to average 1000 per day over 3 days, we have 1000*3=3000 dollars. Since we already have 2 days, we do 3000-1240-921=839 

Answer:

The restaurant needs to earn $839 on Sunday.

Step-by-step explanation:

Consider the provided information.

Let $x needs to earn on Sunday, to average $1000 per day .

It is given that the average earn should be $1000

[tex]Average=\frac{\text{Sum of observations}}{\text{Total number of observation}}[/tex]

[tex]Average= \frac{1240+921+x}{3}[/tex]

[tex]Average= \frac{2161+x}{3}[/tex]

The average should be $1000, so substitute 1000 for average and solve for x.

[tex]\frac{2161+x}{3} =1000\\\\ 2161+x=3000\\\\x=3000-2161\\\\x=839[/tex]

Thus, the restaurant needs to earn $839 on Sunday.

The required equation is [tex]\frac{1240+921+x}{3}=1000[/tex].

Jason started a hat-making business. He spent $750 to purchase supplies to get started and he uses about $3.50 worth of supplies per hat made. Jason charges $15 for each hat. Let h represent the number of hats.

What is the minimum number of hats Jason will need to sell to make a profit?


Which inequality models this problem?


A.) 15h>750+3.5h

B.) 3.5h>750+15h

C.) 15h<750+3.5h

D.) 3.5h≥750+15h

Answers

15h > 750 + 3.5h <===

15h represents ur revenue...the money u make....ur expenses are 750 + 3.5h....and , in order for u to make a profit, ur revenue has to be higher then ur expenses

Answer:

the answer is A. 15h>750+3.5h

Im 100% sure.  Good luck!

I have a 20 question geometry diagnostic due at 1 pm

Answers

I'm sorry if I was too late ... :(

If a baker doubles a recipe that calls for 6 3/4 cups of flour, how many cups of flour will be needed in all

Answers

She will need 4 cups and a 1/2

The test scores of a geometry class are given below. 90, 75, 72, 88, 85 The teacher wants to find the variance for the class population. What is the value of the numerator of the calculation of the variance?

Answers

Variance is given by s^2 = [summation (x - mean)^2] / n.
mean = (90 + 75 + 72 + 88 + 85) / 5 = 82
Variance = [(90 - 82)^2 + (75 - 82)^2 + (72 - 82)^2 + (88 - 82)^2 + (85 - 82)] / 5
= [8^2 + (-7)^2 + (-10)^2 + 6^2 + 3^2] / 5
= (64 + 49 + 100 + 36 + 9] / 5
= 258 / 5
=258.


Answer:

The value of the  numerator of the calculation of the variance= 258

and Variance= 51.6

Step-by-step explanation:

We know that in order to calculate the variance we need to follow following steps:

  First calculate mean.Then subtract each of the data points from means and square the difference quantity.Lastly calculate the mean of these squared quantity.

The data points are:

   90, 75, 72, 88, 85

The mean of these data points are:

[tex]Mean=\dfrac{90+75+72+88+85}{5}\\\\\\Mean=\dfrac{410}{5}\\\\\\Mean=82[/tex]

Now on finding the difference terms i.e.

90-82=8

75-82= -7

72-82= -10

88-82=6

and  85-82=3

The square of these difference term is:

8²=64

(-7)²=49

(-10)²=100

6²=36

and  3²=9

Hence, the mean of these squared quantity i.e. Variance is:

[tex]Variance=\dfrac{64+49+100+36+9}{5}\\\\\\Variance=\dfrac{258}{5}\\\\\\Variance=51.6[/tex]

Matching 1. protects against loss from automobile accidents of insured malpractice 2. protects against loss to insured's home and furnishings automobile 3. protects against loss from fire on insured's property liability 4. protects against loss from injury to others on insured's property fire 5. protects against loss from lawsuits against insured life 6. protects against loss from death of insured homeowners

Answers

2  Homeowners'
6  Life
3  Fire
4  Liability
5  Malpractice
1  Automobile

1. protects against loss from automobile accidents of insured - Automobile insurance.

2. protects against loss to insured's home and furnishings - Homeowners insurance

3. protects against loss from fire on insured's property - Fire insurance

4. protects against loss from injury to others on insured's property - Liability insurance

5. protects against loss from lawsuits against insured - Malpractice insurance

6. protects against loss from death of insured - Life insurance

Please help!! Explain how you got the answer!

Answers

multiply 3.5 x 3 = 10.5

 add -5 +-10 = -15

 so you have 10.5 x 10^15

 then you need to move the decimal point 1 place to the left to get 1.05

 since you move the decimal point 1 place to the left you add 1 to the -15 to get -14

 so answer = 1.05 x 10^-14


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