$MathMaster logo$

MathMaster

Home
general
how much is a 1 75 interest rate of 1245 15

Question

How much is a 1.75% interest rate of 1245.15

206

likes

1030 views

Answer to a math question How much is a 1.75% interest rate of 1245.15

$Expert avatar$

4.8

99 Answers

1. Convert the percentage to a decimal:

1.75\% = 0.0175

2. Multiply the decimal by the amount:

0.0175\times1245.15=21.79

Therefore, the interest is:

21.79

Frequently asked questions (FAQs)

What is the unit vector in the direction of the vector (-3i + 4j + 5k)?

+

Question: Convert 6.8 x 10^4 into standard notation.

+

Math Question: Find the limit as x approaches 0 of (sin(x) - x) / (ln(1+x) - x) using L'Hospital's Rule.

+

New questions in Mathematics

To calculate the probability that a player will receive the special card at least 2 times in 8 games, you can use the binomial distribution. The probability of receiving the special card in a single game is 1/4 (or 25%), and the probability of not receiving it is 3/4 (or 75%).

Calculate the equation of the tangent line ay=sin(x) cos⁡(x)en x=π/2

The bus one way of the road which is 10km is heading with speed of 20km/h ,then the bus the other 10km is heading with speed of 60km/h. The middle speed of the road is it equal with arithmetic speed of the v1 and v2 ?

An electrical company manufactures batteries that have a duration that is distributed approximately normally, with a mean of 700 hours and a standard deviation of 40 hours. Find the probability that a randomly selected battery has an average life of less than 810 hours.

Equivalent expression of the sequence (3n-4)-(n-2)

The function g:Q→Q is a ring homomorphism such that g(3)=3 and g(5)=5. What are the values of g(8) and g(9)?

The sum of two numbers is equal to 58 and the largest exceeds by at least 12. Find the two numbers

In a order to compare the means of two populations, independent random samples of 410 observations are selected from each population, with Sample 1 the results found in the table to the right. Complete parts a through e below. X1 = 5,319 S1= 143 a. Use a 95% confidence interval to estimate the difference between the population means (H - H2) Interpret the contidence interval. The contidence interval IS (Round to one decimal place as needed.) Sample 2 X2 = 5,285 S2 = 198 Aa. Use a 95% confidence interval to estimate the difference between the population means (A1 - M2) Interpret the contidence interval. The contidence interval Is (Round to one decimal place as needed.) b. Test the null hypothesis Ho versus alternative hypothesis Ha (H What is the test statistic? H2) + Give the significance level of the test, and interpret the result. Use a = 0.05. Z=

A recurring sequence is one where elements repeat after completing one standard. If the sequence AB8C14D96AB8C1... is recurring its twentieth term is equal to: (A) B. (B) 8. (C) A. (D) 6. (E) D.

From 1975 through 2020 the mean annual gain of the Dow Jones Industrial Average was 652. A random sample of 34 years is selected from this population. What is the probability that the mean gain for the sample was between 400 and 800? Assume the standard deviation is 1539

Find the minimum value of the function y = -4 x3 + 60 x2 -252 x + 8 for values of x between x = 0 and x = 9 Enter the value of the function, not the value of x

nI Exercises 65-68, the latitudes of a pair of cities are given. Assume that one city si directly south of the other and that the earth is a perfect sphere of radius 4000 miles. Use the arc length formula in terms of degrees to find the distance between the two cities. 65. The North Pole: latitude 90° north Springfield, Illinois: latitude 40° north

a) Statistics scores are normally distributed with the mean of 75 and standard deviation of 7. What is the probability that a student scores between 80 and 88

The average weekly earnings in the leisure and hospitality industry group for a re‐ cent year was $273. A random sample of 40 workers showed weekly average ear‐ nings of $285 with the population standard deviation equal to 58. At the 0.05 level of significance can it be concluded that the mean differs from $273? Find a 95% con‐ fidence interval for the weekly earnings and show that it supports the results of the hypothesis test.

56 × 12 = 672. How should you adjust this answer 672 to determine 57 × 12? a) The answer increases by 1 b) The answer increases by 57 c) The answer increases by 56 d) The answer increases by 12

Solve the system of equations by the addition method. 0.01x-0.08y=-0.1 0.2x+0.6y=0.2