Diana invested 3000 math problem
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 ... 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 …
Diana invested 3000 math problem
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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: WebSep 16, 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? See answers Advertisement ianaiman0212pf3cto So she invested $3000. 450 of 3000 would be 0.15 which is 15%. So in one year, interest rate would be 15% divided by 3 years = 5 % Best …
WebFeb 27, 2024 · 5 Sep 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 …
WebDiana 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 … WebOct 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 .
WebJan 16, 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 …
WebFind 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. how far is alaska from atlantaWebProcedure: 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% ... hi fi collective limitedWebGiven: 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 … how far is alaska from canadaWebJul 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. fx=4001.01x What was the average rate of change of the value of Diana's investment from the second year to the fifth year? 1.01 dollars per year 2.47 dollars per year 4.12 dollars per year … hifi cookies nashvilleWebOther 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. how far is alaska from greenlandWebSOLVED: 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 … hi fi cocktailWebThis example we're going to be dealing with linear equations in a Investment problem. So we have here is I have $3,000 to invest I put some of it to an account that pays 6 percent … hifi component rack with 5 shelves