Concept explainers
a.
To write: A monomial that represents the interest earned.
a.
Answer to Problem 57PPS
The required monomial that represents the interest earned is
Explanation of Solution
Given information:
Cleavon has money in an account that earns 3% simple interest.
The formula for computing simple interest is
Cleavon makes a deposit of
Calculation:
We have
(Write the formula)
(Substitute the known values)
(Simplify)
Therefore, the interest earned is
b.
To find: Amount of money Cleavon will have in this account after 2 years.
b.
Answer to Problem 57PPS
The required answer is
Explanation of Solution
Given information:
Cleavon has money in an account that earns 3% simple interest.
The formula for computing simple interest is
Cleavon makes a deposit of
c represents a birthday gift of
Calculation:
(Write the formula)
(Substitute the known values)
9Simplify)
Now total amount after two years will be:
(Substitute the known values)
(Perform 2 multiplied by 250 first)
(Simplify)
Therefore, Cleavonn will have
Chapter 7 Solutions
Algebra 1, Homework Practice Workbook (MERRILL ALGEBRA 1)
Additional Math Textbook Solutions
College Algebra
College Algebra (7th Edition)
Linear Algebra and Its Applications (5th Edition)
College Algebra
Single Variable Calculus: Early Transcendentals (2nd Edition) - Standalone book
- Algebra and Trigonometry (6th Edition)AlgebraISBN:9780134463216Author:Robert F. BlitzerPublisher:PEARSONContemporary Abstract AlgebraAlgebraISBN:9781305657960Author:Joseph GallianPublisher:Cengage LearningLinear Algebra: A Modern IntroductionAlgebraISBN:9781285463247Author:David PoolePublisher:Cengage Learning
- Algebra And Trigonometry (11th Edition)AlgebraISBN:9780135163078Author:Michael SullivanPublisher:PEARSONIntroduction to Linear Algebra, Fifth EditionAlgebraISBN:9780980232776Author:Gilbert StrangPublisher:Wellesley-Cambridge PressCollege Algebra (Collegiate Math)AlgebraISBN:9780077836344Author:Julie Miller, Donna GerkenPublisher:McGraw-Hill Education