To find the simple interest $1000 would earn in 1 year, we first calculate the interest rate from the provided example, which is 6.5%. Using this rate, the simple interest formula (Principal x Rate x Time) gives us an interest of $65.
The subject of this question regards the calculation of simple interest, a fundamental concept in Mathematics and Finance. First, we'll need to determine the interest rate used in the initial scenario where a $5000 deposit earns $650 interest in 2 years. In this case, using the simple interest formula which is Principal x Rate x Time(PRT), we have:
$650 = $5000 x Rate x 2 years
Solving for Rate, we get: Rate = $650 / ($5000 * 2) = 0.065, or 6.5%.
Now that we know the interest rate is 6.5%, we can calculate the interest $1000 would earn in 1 year. Again using the simple interest formula, we have: Interest = Principal x Rate x Time = $1000 * 6.5% * 1 year = $65.
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Answer: x = 2
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Answer: x = 0
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Answer: No Solution
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Answer: No Solution
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Answer:
Yes
Step-by-step explanation:
1.5(2^x)(2^1)
1.5x2^x x2
3x2^x
How many Brazilian real will she receive when she exchanges $750 (US)?