An investment of $2,500 is made for 4 months at an annual simple interest rate of 3.75%. Determine the following values. (For the first answer blank, enter an exact number. For the second answer blank, enter a number. For the third answer blank, enter an exact number as an integer, fraction, or decimal.)

P = $
r =
t =

Find the amount of interest earned (in dollars) on this loan. (Enter a number.)
I = $

Calculate the future value (in dollars) of this loan. (Enter a number.)
$

Step-by-step explanation:

The formula for determining simple interest is expressed as

I = PRT/100

Where

P represents the principal or amount invested.

R represents interest rate

T represents duration of the investment in years.

From the information given,

P = 2500

R = 3.75

There are 12 months in a year, so

T = 4/12 = 4/12

Therefore, the amount of interest earned on this loan is

I = (2500 × 3.75 × 4) 100 × 12

I = 37500/1200 = $31.25

The future value of this loan would be

2500 + 31.25 = 2531.25

percentage - 25%

probability - 0.25

we know,

total amount of students in class = 20

total boys = 10

total girls = 10

no of girls who wear glasses = 10/2 = 5

probability of choosing a girl with glasses is =

number of girls wearing glasses/total number of students in the class = 5/20

thus, percentage of selecting a girl wearing glasses will be

= 5/20 × 100

= 5 × 5

25%

therefore,

probability will be 0.25

happy to

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none.

step-by-step explanation:

m

1

=

5

m1=5

b

=

−

1

b=-1

find the slope and y-intercept of the second equation.

tap for more

m

2

=

0

m2=0

b

=

−

6

b=-6

compare the slopes

m

m of the two equations.

m

1

=

5

,

m

2

=

0

m1=5,m2=0

compare the two slopes in the decimal form. if the slopes are equal, then the lines are parallel. if the slopes are not equal, then the lines are not parallel.

m

1

=

5

,

m

2

=

0

m1=5,m2=0