MathMaster logo

MathMaster

  1. Home
  2. general
  3. 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
Esmeralda
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 radian measure of a central angle subtended by an arc of length 4π in a circle with radius 2?
+
What is the measure of the third angle in an isosceles triangle if the other two angles are 65 degrees each?
+
What is the measure of angle C in a circle with arc AB measuring 120° and arc AD measuring 60°?
+
New questions in Mathematics
I want to divide R$ 2200.00 between Antônio, Beto and Cássia, so that Beto receives half from Antônio and Cássia receives a third of Beto. Under these conditions, how much more will Beto receive than Cássia?
Use the digits of 1,9,2,3 to come up with all the numbers 98 and 95
The data set (75, 85, 58, 72, 70, 75) is a random sample from the normal distribution No(µ, σ). Determine a 95% two-sided confidence interval for the mean µ .
Which of the following is the product of multiplying twenty-seven and twenty-five hundredths by nine and twenty-seven hundredths?
1. Suppose we have a good whose quantity supplied changed from 100 to 120 units when the price increased from $10 to $12 per unit. Compute the price elasticity of supply using the midpoint method
Moaz wanted to test whether the level of headache pain (on a scale of 1 – 10) changes after taking Advil. He collected data from 9 participants and calculated the difference in headache pain before and after taking Advil (summarized in the table below). Determine W observed for this test. Difference Scores -2 -4 0 +1 +3 -2 0 -3 -5 Also, What is the degrees of freedom for this test?
An integer is taken at random from the first 40 positive integers. What is the probability that the integer is divisible by 5 or 6?
Solve this mathematical problem if 3/5 of a roll of tape measures 2m. How long is the complete roll? Draw the diagram
There were no defectives in a sample of 1 light bulb does this sample provide sufficient evidence that in the warehouse with millions of light bulbs fewer than 10% are defective?
During a fishing trip Alex notices that the height h of the tide (in metres) is given by h=1−(1/2)*cos(πt/6) where t is measued in hours from the start of the trip. (a) Enter the exact value of h at the start of the trip in the box below.
A triangular window has a base of 6 ft. and a height of 7 ft. What is its area?
Use a pattern approach to explain why (-2)(-3)=6
2)A tourist has 15 pairs of pants in his hotel room closet. Suppose 5 are blue and the rest are black. The tourist leaves his room twice a day. He takes a pair of pants and puts them on, the tourist leaves the first pair of pants in the closet again and takes another one and puts them on. What is the probability that the two pants chosen are black?
Quadratic equation 2X = 15/X + 7
Solve equations by equalization method X-8=-2y 2x+y=7
How do you convert a fraction to a decimal
Given a circle 𝑘(𝑆; 𝑟 = 4 𝑐𝑚) and a line |𝐴𝐵| = 2 𝑐𝑚. Determine and construct the set of all centers of circles that touch circle 𝑘 and have radius 𝑟 = |𝐴𝐵|
8. Measurement Jillian measured the distance around a small fish pond to be 27 yards. What would be a good estimate of the distance across the pond: 14 yards, 9 yards, or 7 yards? Explain how you decided.
The length of a rectangle is five more than its width. if the perimeter is 120, find both the length and the width.
Let f(x)=-1/2x+5 evaluate f(-6)

You might be interested in