You wan to put some money in a simple interest account. it pays 8% interest annually for 2 years. you would like to earn $500 in interest. how much money do you need to put in?

$3125

Step-by-step explanation: The simple interest formula is SI = (PRT)/100. SI stands for simple interest, P stands for principal amount (the amount of money you put into the bank in the first place), R stands for rate of simple interest, and T stands for the time the money is in the bank account. We need to figure out what P is, the amount of money that was invested. So first, rearrange the formula from SI = (PRT)/100 to P = (100 x SI)/RT. In this equation, the rate of simple interest is 8% annually for 2 years. Therefore, once you plug in those numbers, the equation is P = (100 x 500)/(8 x 2). Once you calculate this, 50000/16, the answer you get is P = $3125. Therefore, the amount of money you need to put in is $3125.

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maximum area = xy = (16)(32) = 512 ft2

to maximize the area of the garden, the side of the fence parallel to the side of the house should be 32 ft long, and the other two sides should both have length 16 ft.'

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