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Diana invested 3000 math problem

Web3000 = p × 0.08 × 1 3000 = 0.08p p = 37,500 Answer: He must invest $37,500 Example 2: Jane owes the bank some money at 4% per year. After half a year, she paid $45 as interest. How much money does she owe the bank? Solution: Step 1: Write down the formula I = prt Step 2: Plug in the values 45 = 0.02p p = 2250 Answer: She owes $2,250 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.

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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 … 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 … immigration act malaysia agc https://amadeus-templeton.com

【GRE考满分 数学QR解析库】Diana invested $61,293 in an a …

WebFeb 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 ... 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. WebGiven: 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 … immigration act of 1917 and 1924

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

Category:6.1: Simple and Compound Interest - Mathematics LibreTexts

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Diana invested 3000 math problem

Solved Diana invested $5,286 in an investment that will pay - Chegg

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 . WebDiana invested $5,286 in an investment that will pay $3,000 the first year, $2,000 the second year and $1,000 the third year. What is the internal Rate of return (IRR)? Note: …

Diana invested 3000 math problem

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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 … 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.

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 … 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 …

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%. … 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 …

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 ...

WebThis 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 … immigration act of 1910WebPat 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 ... list of supercentenarians born before 1860WebProcedure: 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% ... immigration act namibiaWebApr 1, 2024 · Step-by-step explanation: Formula As given Diana invested $3000 in a saving account for 3 years. she earned $450 in interest over the time period. Principle = $3000 … immigration act maltaWebThis 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. list of super dragon ball himmigration act of 1924 britannicaWeb10. Miguel invested $3,000 in an individual retirement account that paid compound interest at a rate of 11.75% per year, compounded daily. He must leave the money in the … immigration act of 1917 text