Compute the amount of interest earned in the following simple interest problem.

a deposit of $7,000 at 6.5% for 120 days.

Interest earned $151.67

Step-by-step explanation:

To find out the amount of interest earned by simple interest.

Deposit = $7,000

Rate of interest = 6.5%

Time = 120 days

To calculate the  interest of simple interest deposit, we use the formula :

I = Prt

I = Interest of the amount

P = Principal amount

r = Rate of interest ( in decimal )

t = time (in year)

Here we have to calculate the interest for 120 days so t would be 120 ÷ 360

I = 7000 × 0.065 × 120 ÷ 360

I = $151.666  ≈  $151.67

Interest earned $151.67

step-by-step explanation:

i think something is missing in your question because y-1=(x-12) would not pass through the point (-4,-3). because if you replace x by -4 your are supposed to find y=-3 which is not the case her. if you replace x by -4 you find =-15.

i assume the right equation is y-1=1/4*(x-12) because this one is passing through both your points (if you are interested to know how i found that out i can tell you).

in this equation if i replace x by -4 i find y=-3 and if i replace x by 12, i find y=1 so the line representing this equation is passing through those 2 points.

then the standard form of the equation is finding an expression of y in function of x

y-1=1/4*(x-12)

y=x/4-3+1

y=x/4-2

hope that .

do you confirm there was a mistake in the question?

55% are girls and 45% are boys : ) hope this

step-by-step explanation: