SuleymaQ750075 SuleymaQ750075
  • 03-11-2022
  • Mathematics
contestada

8. Reece made a deposit into an account that earns 8% simple interest. After 8 years, Reece had earned $400. How much was Reece's initial deposit?

Respuesta :

AyaatW735457 AyaatW735457
  • 03-11-2022
[tex]\begin{gathered} P\cdot r\cdot t=I \\ r=0.08 \\ t=8 \\ I=400 \\ \text{from the first equation one has} \\ P=\frac{I}{r\cdot t} \\ \text{hence} \\ P=\frac{400}{0.08\cdot8} \\ P=\frac{400}{0.64} \\ P=625 \end{gathered}[/tex]

Answer Link

Otras preguntas

What can be learned about Greek life from this excerpt? Select five responses. is heard incia reat
Can anyone help me with this
Pls help I tried basic answers like 50+50+80 =180 but it’s wrong so pls help
When members discuss the importance of folk medicine such as going to a local curandero A) Leaders should stay out of the discussion B) Leaders should talk abou
How many quarts are there in 4 gallons and 6 pints?
3/4 of the class walk to school while 1/5 ride bicycle. Find the ratio of those who walk to those who ride bicycles.
What is the author's purpose in the passage the strange case of doctor Jacqueline Mr. Hyde
difference between symbol and molecular formula in 3 points.​
कस्ता लाग्या कथाका आधारमा विश्लेषण ख) नेपालको पर्यावरणले पर्यटनलाई कसरी सहयोग पुयाएको छ ? चर्चा गर्नुहोस् । को निबन्ध लेख्नुहोस् । ८ 5​
Which of the binomials below is a factor of this trinomial? x² + 2x - 63 O A.X-3 OB. X+3 O C. X-9 O D. X + 9​