Mr. Chan places $4000 in a bank as a fixed deposit for 2 years. The bank offers an interest compounded yearly. At the end of 2 years, he receives a total of $4243.60. Find the interest rate.

Answers

Answer 1

Answer:

Step-by-step explanation:

Mr. Chan originally placed 4,000 in the bank as a fixed deposit for 2 years.

Each years the bank added a certain amount of interest.

At the end of the 2 years he gained 243 dollars and 60 cents just from interest.

How to solve:

Simply take away the 4 in the amount of money

Leaving: $243.60

( 2 years )

Now divide 243.60 by 1/2

which is 121.8

Mr.Chan got 121.8 worth of interest a year

$10.5 a month

$2.3 a week

6 cents a day

All in 2 years.


Related Questions

2. Find the value of x and y.
62°
(4x+2)°
(12y)
144°
Ox= 15, y= 12
Ox= 14, y= 11
Ox=14, y = 12
Ox= 15, y= 11

Answers

Answer:

x=15,y=12

Step-by-step explanation:

Alternate angles are those angles that are on the opposite side of the parallel lines transverse with a line touching both parallel lines.

The value of x and y are 15 and 12.

x = 15

y = 12

Option A is the correct answer.

What are corresponding angles?

The angles that are in the same position on two parallel lines intersected by a transversal line on the parallel lines.

Corresponding angles are equal.

We have,

The figure contains four angles.

62 and (4x + 2) are alternate angles.

12y and 144 are alternate angles.

We know that alternate angles are equal.

So,

62 = 4x + 2 ____(1)

12y = 144 _____(2)

From (1) we get,

62 = 4x + 2

Subtract 2 on both sides.

62 - 2 = 4x + 2 - 2

60 = 4x

Divide both sides by 4.

4x = 60

x = 60/4

x = 15

From (2)

12y = 144

Divide both sides by 12.

y = 144/12

y = 12

Thus,

The value of x and y are 15 and 12.

x = 15

y = 12

Option A is the correct answer.

Learn more about corresponding angles here:

https://brainly.com/question/1597341

#SPJ2

The sum of two numbers is 113. Four times the smaller number equals three times the greater number.

Answers

Answer:

the larger number is 452/7 and the smaller number is 1356/28

2.11 Incomes of college grads. The Census Bureau reports that the mean
and median income of people who worked full-time in 2001 and had at
least a bachelor's degree were $53,054 and $72,674. Which of these
numbers is the mean and which is the median? Explain your reasoning.
2.12 Internet access. How much do users pay for Internet access? Here are
the rhonthly fees (in dollars) paid by a random sample of 50 users of
commercial Internet service providers in August 2000:4
20 40 22 22 21 21 20 10 20 20
20 13 18 50 20 18 15 8 22 25
22 10 20 22 22 21 15 23 30 12
9 20 40 22 29 19 15 20 20 20
20 15 19 21 14 22 21 35 20 22
(a) Make a stemplot of these data. Briefly describe the pattern you see.
About how much do you think America Online and its larger
competitors were charging in August 2000? Are there any outliers?
(b) To report a quick summary of how much people pay for Internet
service, do you prefer ands or the five-number summary? Why?
Calculate your preferred summary

Answers

It is 284727581747258603

-2 13/15 -0.75 2 from greatest to least

Answers

Answer:

greatest (2, 13/15, -0.75, -2) least

Step-by-step explanation:

− 4/1 ​ a−4= 4/7 ​ a−3

Answers

The solution to the equation [tex]\frac{-4}{1(a-4)} = \frac{4}{7(a-3)}[/tex] is a = 3.125

The given equation is:

[tex]\frac{-4}{1(a-4)} = \frac{4}{7(a-3)}[/tex]

Cross multiply:

[tex]-4(7)(a-3) = 4(a-4)[/tex]

Divide both sides by 4

[tex]\frac{-4(7)(a-3)}{4} = \frac{4(a-4)}{4} \\-7(a-3) = a - 4[/tex]

Expand the bracket using the distributive rule

-7a + 21  =  a  -  4

Collect like terms

a  +  7a   =  21  +  4

Simplify the arithmetic

8a   =  25

Divide both sides by 8

[tex]\frac{8a}{8} = \frac{25}{8}\\a = \frac{25}{8}\\a = 3.125[/tex]

Learn more here: https://brainly.com/question/11852209

Express 92 as a product of its prime factors

Answers

2² × 23

Step-by-step explanation:

92 = 2 × 46

92 = 2 × 2 × 23

92 = 2² × 23

Select the elements in
A
.
A
=
{
x
:
x

3
=
5
}

Answers

Answer:

3

Step-by-step explanation:

What is the solution to the equation?

3(x+9)^3/4=24

Answers

Answer:

The solution is x= 2 cubic root 4 -9 or -5.825

Step-by-step explanation:

3(x+9)^3/4=24

3(x^3 + 27)/4=24

3x^3+81/4=24

0.75x^3 +20.25=24

0.75x^3=2.75

x= 2 cubic root 4 -9 or -5.825


Which of the following numbers are divisible by 8?
a) O 2048
b) O 72 045
c) O 800
d) 56 120

Answers

a, c, and d can all be divided by 8
D because 56 and 120 are both divided by 8

It couldn’t be a because although 2048 is divisible by 8 zero isn’t

This is the same for a b and c who all have zeros in them. The only one without is d

Therefore the answer is d

x-16=9(2x+3)-9 find x

Answers

Answer:

x= -2

TO MUCH STEPS

What is the value of the expression shown?

1/2(7.9−0.08)

Answers

Answer:

1/2(7.9-0.08) = 3.91

Step-by-step explanation:

HELP


15.4 = -2.1 + a/0.2

i'll give brainliest

Answers

The answer is a=3.5

Write the equation of each line in slope-int. Form

y=mx + b

3. Slope = -2 and y-int. = -6

I

Answers

Answer:

y=-2x-6

Step-by-step explanation:

You put the slope before the x and the y intercept goes at the end.

2x ( 2x - 3 )

Plz help

Answers

Answer:

4x² - 6x

Step-by-step explanation:

2x(2x - 3)

Distribute 2x into the parenthesis:

2x(2x - 3)  = 4x² - 6x

what is the value of 3\4 ÷ 2 1\2

please no links
AND HELP THIS IS DUE IN A COUPLE MINUTES ​

Answers

3/4 divided by 2 1/2 is 3/10
3/10

Answer:

1/14

Step-by-step explanation:

3/4÷21/2

3/4× 2/21=6/84=1/14

2/3-(-5/3)
Find the difference. Write fractions in simplest form.

Answers

Answer:

Step-by-step explanation: to solve this we'd do 2-(-5) which is the same as  2 + 5 which is 7. final answer is 7/3 or if its a mixed number, 2 1/3

Need help with number one

Answers

the answer would be -3/2

Answer:-3/2

Step-by-step explanation: transform the expression from 3/4+-9/4 to 3-9/4=-6/4 then reduce 6/4 to -3/2

HELP PLEASE !!!!!!!!!!

Answers

Answer:

m < 2 = 38°

Step-by-step explanation:

The exterior angle with the measure of < 38° corresponds to m < 2 (as they are corresponding angles that lie on the same side of the transversal). Therefore, m < 2 = 38°.

100 points for anyone who solves this :)
Eric traveled to three cities on a single highway. The distance from his original location to the first city was 100 miles more than the distance from the first city to the second city. The distance from the second city to the third city was 10 miles less than the distance from the first city to the second city. If the distance from his original location to the first city and the distance from the second city to the third city were the same, what was the total distance Eric traveled?

Answers

Answer:

Well think about it, the key words there are more than and less than so if he traveled let's say from his house until the first city that's 100 miles for the first one and then they say that he traveled 10 miles less than the distance from the first city until the second city. The total distance is 280 because if you read the very last sentence it says that from the original distance from the first city is about 100 miles and then it says if the the distance from the second city to the third city was the same that means that the equation goes like this: (90*2)+100 and in order to get this correctly you must do P.E.M.D.A.S which is parenthesis, exponents, multiplying, dividing, adding and subtracting so there you go.  

Answer:

Well think about it, the key words there are more than and less than so if he traveled let's say from his house until the first city that's 100 miles for the first one and then they say that he traveled 10 miles less than the distance from the first city until the second city. The total distance is 280 because if you read the very last sentence it says that from the original distance from the first city is about 100 miles and then it says if the the distance from the second city to the third city was the same that means that the equation goes like this: (90*2)+100 and in order to get this correctly you must do P.E.M.D.A.S which is parenthesis, exponents, multiplying, dividing, adding and subtracting so there you go.  

Step-by-step explanation:

The outdoor temperature was 8 degrees at midnight. The temperature declined 5 degrees during each of the next 3 hours. What was the temperature at 3 A.M?

Answers

Answer:

-9 degrees

Step-by-step explanation:

workings -3 * 3 =  -9 degrees

HELPP mee pleassseeeeeeeed

Answers

Try D which is “ neither parallel nor
perpendicular”

can anyone help me with this, with a full explanation ?? thank you ​

Answers

Step-by-step explanation:

let the 3 consecutive odd number be

x + 1 , x + 3 , x + 5

as, there sum is 45. so, after inserting the values we got,

x + x + 1 + x + 3 = 45

3x + 9 = 45

3x = 45 - 9 = 36

x = 36/3 = 12

x = 12

therefore, 3 consecutive odd number are

x + 1 = 12 + 1 = 13

x + 3 = 12 + 3 = 15

x + 5 = 12 + 5 = 17

hope this answer helps you dear...take care and may u have a great day ahead!

solve for Y -2(y-3)+12y>16

Answers

Answer:

Y>1

Step-by-step explanation:

How many 135-inch-thick books can fit on a 1412-inch-long bookshelf?

Answers

Answer:

about 32 books (rounded)

Step-by-step explanation:

1412/135=32

The Phillipses traveled 717.2 miles to pick up their new boat. At the end of the trip, the odometer read
23,518.9 miles.

Answers

Answer:

what is the question?

Step-by-step explanation:

ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok ok

Recall that the perimeter of a rectangle is P=2(W+L), where W is the width and L is the length. The length of a rectangle is 23 feet more than the width. If the perimeter is 70 feet, then what is the length of the rectangle, in feet?

Answers

Answer:

Length = 6 + 23 = 29 feet

Step-by-step explanation:

Width = x

Length = x + 23

2x + 2(x+23) = 70

2x + 2x + 46 = 70

4x = 70-46

x = 24/4

x = 6

Find the value of x.

Answers

So you know that all the angles in a triangle must add up to 180. Therefore, you can make this equation:

[tex](-20x+3)+(-40x+18)+(-15x+9)=180[/tex]

And now just solve for x!

[tex]-75x+30=180\\-75x=160\\x=\frac{160}{-75}\\x=-2.4[/tex]

So, your answer is:

x = -2.4

The value of X
X = -2.4

Graph each function for the given domain.

3x - y = 1 D(-3,-1,0,4)

Answers

Answer:

the following ordered pairs are your coordinates: (-3,-10), (-1, -4), (0,-1), (4,11)

Step-by-step explanation:

We can find these algebraically. First, you need to put your equation into the form y=mx+b. The m is the slope and the b is your y intercept. Once we have that equation, we just plug in the given X values to find their Y counterparts. The domain is simply the X coordinate and the range is the Y. I hope this helps!

Please please help me with this question please help me now please

Answers

Answer:

a) linear, straight when graphed and no exponents

b) quadratic, x has exponent

c) quadratic, x has exponent

d) linear, no exponent

e) quadratic, x has exponent

f) i think it's neither because there's two variables that can't add together

Step-by-step explanation:

Answer:

A is linear because a linear equation is mapped in the form y=ax+b and results in a straight line when graphed. This equation has a slope, 1, which occupies the space for a and a y-intercept of 3 which occupies the space for b

B is neither because it doesn't fit the linear form or the quadratic form (which is constrained by the equation y=ax^2+bx+c. The highest degree for this form is 2.) I believe this function is actually a type of cubic which is not an option for the question.

C is a quadratic because it follows the form y=ax^2+bx+c and results in a parabola

d. 3x-y=5 is linear because even though it is not in the y=ax+b form, it can be manipulated into it by subtracting 3x from both sides and then dividing by -1 on both sides to get y=3x-5 which fits the form and graphs a line.

e. 5-x^2=89 would be neither because there is only one variable and there is no value of y that can be solved for. While we can find an x value (or perhaps multiple x values depending on the equation) it wouldn't result in a graphable equation which is a necessity to be classified as a linear or quadratic. In fact, I believe this is actually just an equation and not a function at all and since linear and quadratics are forms of functions they cannot be either. This is because a function is defined as a relation between two variables where each input has one (and only one) output and this equation doesn't have two variables and wouldn't have an output.

f. Neither for the same reason as in e

Hope this helps!

Find the greatest common factor of the following numbers?

Answers

Answer:

where are the numbers?

Step-by-step explanation:

where are the numbers

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