$MathMaster logo$

MathMaster

Home
general
what is the amount of interest of 75 000 at 3 45 per year at the end of 12 years and 6 months

Question

What is the amount of interest of 75,000 at 3.45% per year, at the end of 12 years and 6 months?

121

likes

605 views

Answer to a math question What is the amount of interest of 75,000 at 3.45% per year, at the end of 12 years and 6 months?

$Expert avatar$

4.7

102 Answers

The formula for simple interest is: I=\frac{P\times t\times r}{100} Given P = $75000, t = 12.5 years, and r = 3.45% or 0.0345: I=\frac{75000\times12.5\times0.0345}{100}=323.4375

Frequently asked questions (FAQs)

What is the product of 12 and 15?

+

Question: Simplify √(18) + √(72) + √(50).

+

What is the median of a set of numbers if the sum of the numbers is 120, there are 7 numbers in the set, and the mean is 18?

+

New questions in Mathematics

a bank finds that the balances in its savings accounts are normally distributed with a mean of $500 and a standard deviation off of $40. What is the probability that a randomly selected account has a balance of more than $400?

Find the root of x^4-10x^ 5=0 using Newton's method, with a precision of the smallest positive root.

Serum cholesterol levels in men aged 18 to 24 years have a normal distribution with a mean 178.1mg/100 ml and standard deviation 40.7 mg/100 ml. The. Randomly choosing a man between 18 and 24 years old, determine the probability of your serum cholesterol level is less than 200. B. Whether a serum cholesterol level should be judged too high if it is above 7% higher, determine the value of the separation level of levels that are too high. w. Determine a 90% reference range for serum cholesterol level among men from 18 to 24 years old.

In a normally distributed data set a mean of 31 where 95% of the data fall between 27.4 and 34.6, what would be the standard deviation of that data set?

-3x 2y = -6; -5x 10y = 30

Reparameterize the curve r(t)= cos(t)i without (t)j (t)k by the arc length.

A study reports the following final notation: F (3, 32) = 9.50, p < .05. How many total participants were involved in this study? Group of answer choices 34 32 36

Equine infectious anemia (EIA) is considered the main infectious disease in Brazilian equine farming, for which there is no effective vaccine or treatment. It is caused by a retrovirus of the genus Lentivirus, which affects horses, donkeys and mules and is transmitted in nature mainly by hematophagous insects of the genus Tabanidae. Researchers analyzed the records of 9,439 equids from Acre, submitted to the agar gel immunodiffusion test (AGID) for equine infectious anemia (EIA), between 1986 and 1996. Of these, 6199 tested positive for equine infectious anemia (EIA) . Knowing that the age of AIE-positive horses follows a Normal distribution with a mean of 5 years and a standard deviation of 1.5 years, determine the expected number of AIE-positive horses in the Acre sample that will be aged less than or equal to 3 years. ATTENTION: Provide the answer to exactly FOUR decimal places.

3 A tree is planted when it is 1.2 m tall. Every year its growth is 3/8 of its previous year's height. Find how tall the tree will grow.

Determine the increase of the function y=4x−5 when the argument changes from x1=2 to x2=3

MAKING AN ARGUMENT You use synthetic division to divide f(x) by (x − a) and find that the remainder equals 15. Your friend concludes that f (15) = a. Is your friend correct? Explain your reasoning.

Find the number of pounds of nails required for 17850 square feet of drywall if each thousand square feet requires 4.5 pounds of nails.

To find the increased amount on a standard term deposit with the following conditions: starting amount: BGN 13000, type of deposit: annual, annual compound interest rate: 1.4%, after 4 years;

To get to a hotel on the hill you have to travel 6 km of uphill road and every kilometer there are 6 sharp curves. Each of the sharp curves is marked by three traffic signs. How many traffic signs are there on the stretch of road that leads to the arbergi?

7- A printing company found in its investigations that there were an average of 6 errors in 150-page prints. Based on this information, what is the probability of there being 48 errors in a 1200-page job?

did an analysis of dropout from the nursing faculty at the Universidad Veracruzana. With a poblation of 122 students, it turned out that according to the gender data, the female sex predominates with 82%, and the male sex male is found with 12%. The main factors why students drop out are, first of all, "Not "re-enrolled" at 49%, second place "Personal reasons" at 20%, third place "change of school" in 11%, "lack of documents" and "economic reasons" in 7%, change of residence and lack of social service in 3%. Of this sample, how many students dropped out for other reasons?

An export company grants a bonus of $100,000 pesos to distribute among three of its best employees, so that the first receives double the second and the latter receives triple the third. How much did each person receive?