Diana invested 3000 math problem

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WebExample 1: Tina invested $3000 in a bank that pays an annual interest rate of 7% compounded continuously. What is the amount she can get after 5 years from the bank? Round your answer to the nearest integer. Solution: To find: The amount after 5 years. The initial amount is P = $3000. The interest rate is, r = 7% = 7/100 = 0.07. Time is, t = 5 ... WebPat invested a total of $3000 - interest from this investment is $256, how much did Pat invest at 10 percent Pat invested a total of $3,000 translates to ... Helps you understand math problems as well as a teacher would, i am really grateful to you This app, another good thing about this app is that it's free. So amazing and so beneficial. I ...

Diana invested $3000 in a savings account for 3 years. she.

WebSOLVED: Diana invested 3000 in a savings account for 3 years. She earned450 in interest over that time period. What interest rate did she earn? Use the formula I=Prt to find your answer, where I is interest, P is principal, r is rate and t is time. Enter your solution in decimal form rounded to the nearest hundredth. Webx = the money invested at 8%. then he invested $3,000 more than twice this amount at 11%: 3000 + 2x at 11%. his total annual income from the two investment was 4830: 0.08x + 0.11(3000 + 2x) = 4830. by solving we find: x = $15,000. click here to see the step by step solution of the equation: Click to see all the steps. Roberto invested $33,000 ... small outside electric barbecue grills

6.1: Simple and Compound Interest - Mathematics LibreTexts

WebThis problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. See Answer Question: Diana invested her savings of $1,775 in a savings account that was earning simple interest at 2.25% p.a. She also invested $3,125 in her friend's business at 0.46% p.m. a. WebSep 27, 2024 · Diana invested PHP55,500 and the financial institu - Gauthmath. Math Resources /. algebra /. word problem /. Diana invested PHP55,500 and the financial institution gives her PHP8,550 simple interest amount after 5 years. Find the annual interest rate." 3.45% 0.031% 0.035% 3.08%. WebThe equation to find bond interest would be: I = Prt. Since the manager invested $3000 more in stocks, the equation to find stock interest would be: I = (P + $3000)rt. Since I is the same for stocks and bonds, we can set the stock and bond equations equal to each other: (P + $3000)rt = Prt. Time equals 1 year. small outlook font

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Diana invested $3000 in a savings account for 3 years. She earned …

WebPat invested a total of $3000 - Pat invested a total of $3,000. Part of the money was invested in a money market account that paid 10 percent simple annual. ... To determine what the math problem is, you will need to look at the given information and figure out what is being asked. Once you know what the problem is, you can solve it using the ... WebOther Math; Other Math questions and answers; This problem has been solved! You'll get a detailed solution from a subject matter expert that helps you learn core concepts. See Answer See Answer See Answer done loading. Question: a. Calculate the amount it grows to by at the end of 3 years. small outlook iconWebOct 26, 2024 · Diana invested $3000 in a savings account for 3 years. she earned $450 in interest over that time period. what interest rate did she earn? Answer by Guest Answer: … small outline i-leaded package

"WebInterest, in its most simple form, is calculated as a percent of the principal. For example, if you borrowed $100 from a friend and agree to repay it with 5% interest, then the amount of interest you would pay would just be 5% of 100: $100(0.05) = $5. The total amount you would repay would be $105, the original principal plus the interest. " - Diana invested 3000 math problem

Diana invested 3000 math problem

Diana invested some money in a bank at a fixed rate of …

Web1st step All steps Final answer Step 1/3 According to the question- Given: Diana invested 3,000 in a savings account for 3 years. She earned 450 in intrest over that period. To find the interest rate that Diana earned on her savings account, we can use the following formula: Interest = Principal × Rate × Time Where: Explanation: WebProcedure: To find interest, take the product of the principal, the interest rate and the time. Thus, the formula for finding interest is: Interest = Principal * Rate * Time which is also written as I = P*R*T. Now that we have a procedure and a formula, we can solve the problem above. Problem: To buy a computer, Raquel borrowed $3,000 at 9% ...

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WebSOLVED: Diana invested 3000 in a savings account for 3 years. She earned450 in interest over that time period. What interest rate did she earn? Use the formula I=Prt to find your … WebApr 26, 2016 · Answer: 5% or 0.05 Step-by-step explanation: Diana invested $3000 in savings account 3 years. And the total interest gained by Diana is $450. Therefore, …

WebYou're figuring out how much to invest in each of the two accounts so that, once you're done with everything, you will have earned on the two accounts what would be the equivalent … WebMar 11, 2024 · Diana invested $3000 in a savings account for 3 years. She earned $450 in interest over that time period. What interest rate did she earn? Use the formula I=Prt to find your answer, where l is interest, P is principal, r is rate and t is time. Enter your solution in decimal form rounded to the nearest hundredth.

WebWe are given two numbers in the problem: $12,000 = total money invested in both accounts $700 = total interest earned in both accounts Let's start with the $12,000. Ann … WebJul 20, 2024 · Diana invested $61,293 in an account with a fixed annual percent of interest, compounding quarterly. At the end of five full years, she had $76,662.25 in principal plus …

WebMay 27, 2024 · Math Secondary School answered • expert verified Diana invested some money in a bank at a fixed rate of interest compounded annually. The equation below …

WebSep 8, 2024 · So, Diana earned an interest of 76,662 – 61,293 = ~15,000 earned in 5 years. => 15,000/5 = 3,000 in a year. Simple rate of interest per annum = 3,000/60,000 = ~5%. … small outline dual inline memory modulesWebJul 12, 2024 · Diana invested some money in a bank at a fixed rate of interest compounded annually. The equation below shows the value of her investment after x years. … small outsourcing companiesWebDiana invested $61,293 in an account with a fixed annual percent of interest, compounding quarterly. At the end of five full years, she had $76,662.25 in principal plus interest. Approximately what was the annual percent rate of interest for this account? A 1.2% B 4.5% C 10% D 18% E 25.2% 显示答案登录后才可以添加做题笔记哦，还没有账号？马上注册 … small outdoor table fountain for saleWebFeb 27, 2024 · Get the detailed answer: Diana invested $3000 in a savings account for 3 years. She earned $450 in interest over that time period. What interest rate did s ... the number of compounding periods peryear, and the time the funds will be invested. If you are not giventhe number of compounding periods a year, make it up. â ¢The principal is ... small outlet stripWebDiana invested $61,293 in an account with a fixed annual percent of interest, compounding quarterly. At the end of five full years, she had $76,662.25 in principal plus interest. … small outside greenhouseWebOct 26, 2024 · Diana invested $3000 in a savings account for 3 years. she earned $450 in interest over that time period. what interest rate did she earn? Answer by Guest. Answer: $1350 in interest collected . Step-by-step explanation: 400 x 3 = 1200 . 50 x 3 = 150. 1200. 0150 + _____ 1350. Rate answer . small outlet space electric heaterWebFind The Interest Rate Based On The Investment Formula. Example: At the end of 2 years, P dollars invested at an interest r compounded annually increases to an amount, A dollars, given by A = P (1 + r) 2. Find the interest rate if $2,000 increased to $2,420 in 2 years. Write the answer as a percent. Show Video Lesson. small outside ceiling fan