Todd made $12,800 in interest by placing $40,000 in a savings account with simple interest for 4 years. What was the interest rate?

Answers

Answer 1

Answer: The interest rate is 0.16 or 16% ✅

Step-by-step explanation:

The interest rate is the percentage of the principal (the initial amount of money) that is paid as interest over a certain period of time. To find the interest rate in this scenario, we can use the formula:

Interest = Principal x Interest Rate x Time

In this case:

Interest = $12,800

Principal = $40,000

Time = 4 years

So we can set up the equation:

12800 = 40000 x Interest Rate x 4

To find the interest rate, we can divide both sides of the equation by 40000 x 4, which gives us:

12800 / (40000 x 4) = Interest Rate

We can simplify this fraction:

0.16 = Interest Rate

So the interest rate is 0.16 or 16%.

Answer 2

When Todd made $12,800 in interest by placing $40,000 in a savings account with simple interest for 4 years, the interest rate was 7.5%.

Simple interest is a formula for calculating the amount of interest that will be charged on a sum of money at a specific rate and during a specific time frame.

In contrast to compound interest, where the interest of one year's principal is added to the principal of the following year to calculate the interest, the principal sum in the case of simple interest stays the same.

Simple Interest = [tex]$ \frac{ \text P \times \text R \times \text T}{100}[/tex]

where,

P = Principal,

R = Rate of Interest in % per annum, and

T = Time, in years

Here given that,

Todd made $12,800 in interest, i.e. Simple Interest = 12,800

By placing $40,000 in a savings account, i.e. Principal = 40,000

with simple interest for 4 years, i.e. Time = 4 years

To find, interest rate

Substitute the data into the simple interest formula

[tex]$ \Rightarrow 12,800 = \frac{40,000 \times \text R \times 4}{100}[/tex]

[tex]$ \Rightarrow \text R = \frac{ 12,000 \times 100}{40,000 \times 4}[/tex]

[tex]$ \Rightarrow \text R = \frac{1,200,000}{160,000}[/tex]

⇒ R = 7.5%

Thus, the interest rate was 7.5%.

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Related Questions

78-(x-60)=30 What does x equal?

Answers

Answer:

x = 108

Step-by-step explanation:

78-(x-60)=30

Solving for x,

x = 78-30+60

x = 108

1 week is 5 miles 2 weeks is 6 miles 3 weeks is 7 miles 4 weeks is 8 miles write an equation while w is weeks and m is miles m=w...

Answers

The automobile travels at an average speed of 65.71 mph.

Find the car's average speed ?

Put r = d/t to use.You are moving at a rate of 12 miles per hour since 24 miles are multiplied by two hours.Become familiar with the distance formula, a Pythagorean theorem application that can be used to determine the separation between two places.

Sal Khan and the CK-12 Foundation created it.

The car's average speed is 65.71 miles per hour.

the settings provided;Initially, the automobile is traveling at 50 mph.

motion time, t = 3 hours

v = 70 mph is the motion's final speed.

motion time, t = 11 hours

The following formula is used to determine the car's average speed:

average speed = total distance /total speed

Total distance traveled divided by total motion duration equals average speed.

The entire distance is equal to 920 miles (50 x 3 + 70 x 11).

The duration of the motion was (3 + 11) hours, or 14 hours.

The car's typical speed is;

Consequently, the car's average speed is 65.71 mph.

average speed  =920/14

                        = 65.71 mph.

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All students in Ridgewood Junior High School either get their lunch in the school cafeteria or brought it from home on Tuesday. 25% of students brought their lunch. 50 students brought their lunch. How many students in total are in Ridgewood Junior High School?

Answers

Answer:

125

Step-by-step explanation:

Evaluate the function over the domain {-2, -1, 0, 1, 2}. As the values of the domain
y = 2.5*
increase, do the values of the range increase or decrease?

Answers

The range of the function is {0.16, 0.4, 1, 2.5, 6.25}. With an increase in the value of the domain, the range of the function is increasing.

What is a function?

A function from a set X to a set Y allocates exactly one element of Y to each element of X. The set X is known as the function's domain, while the set Y is known as the function's codomain.

The given function is

f(x) = 2.5^x.

Given domain is {-2, -1, 0, 1, 2}.

Now putting x = -2, -1, 0, 1, 2 in the function f(x) = 2.5^x.

When x = -2:

f(-2) = 2.5^(-2)

f(-2) = 0.16.

When x = -1:

f(-1) = 2.5^(-1)

f(-1) = 0.4

When x = 0:

f(0) = 2.5^(0)

f(0) = 1.

When x = 1:

f(1) = 2.5^(1)

f(1) = 2.5

When x = 2:

f(2) = 2.5^(2)

f(2) = 6.25

The range of the function is {0.16, 0.4, 1, 2.5, 6.25}

The values of the range increase with the increase of domain.

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Triangle Theorems, What Is The Value Of X?

Answers

A triangle's x value is 120°. Using a triangle angle characteristics, an unknown angle can be found.

How to find the value of x in a triangle?The triangle in question is an equilateral triangle.Thus, all angles are equivalent to 60 degrees.So, for a triangle, we know that Interior angle + neighbouring outside angle = 180°, 60° + x = 180°, and x = 180° - 60° = 120°.Thus, a triangle's x value is 120°.From 180 degrees, deduct the sum of the two angles. A triangle's total angle measure is always 180 degrees. When you subtracted the sum of the two angles from 180 degrees, you discovered a difference. Note this difference down. The value of X is this.Bring the variable to the left side and the other values to the right side in order to find the value of x. To determine the answer, simplify the values.

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If you buy one ticket in the provincial lottery, the probability that you will win a prize is 0.11. If you buy one ticket each month for three months, what is the probability that you will win at least one prize?

Answers

The probability that you will win at least one prize if you buy one ticket each month for three months is 0.314 or 31.4%.

How to find the probability?

The probability of not winning a prize in one drawing is 1 - 0.11 = 0.89.

If we assume that the draws are independent events, the probability of not winning a prize in three consecutive months is 0.89^3 = 0.686.

Therefore, the probability of winning at least one prize in three months is 1 - 0.686

= 0.314 or 31.4%.


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Anything would be great

Answers

The answer is “R”
(X+2=7)
R: x+2=7 is the correct answer.

Solve for x in x+2=7:

Subtract 2 from both sides:

x=7-2

x=5

Thus, in R, x=5 and in P, x=5, so this equation is equivalent.

HELPPPPPPPPP ASP PLS

Answers

25% percent of Amanda's day was spent on either meals or homework.

How to solve the percentage in pie chart?Pie charts are a great way to visualize data and percentages. To solve the percentage in a pie chart, you must first identify the total amount represented by the pie chart. Then, divide the value of each section of the pie chart by the total amount and multiply the result by 100 to calculate the percentage of the total that each section represents. For example, if a pie chart has 3 sections with values of 15, 25, and 60, the total would be 100. Then, 15 divided by 100 is 0.15, or 15%, 25 divided by 100 is 0.25, or 25%, and 60 divided by 100 is 0.6, or 60%. Therefore, the pie chart would have 3 sections representing 15%, 25%, and 60% of the total.

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If Jill makes $90 commission on $300 in sales, at the same commission rate,
how much will she make on $480 in sales?

Answers

The commission made by Jill for a $480 sale at the rate of commission 30% is $144.

What is meant by the rate of commission?

A commission is a payment made to a salesperson by a company in exchange for his or her assistance in facilitating or closing a sale. The design of the underlying commission agreement determines how a sales commission is calculated.

The rate of commission is a percentage or fixed sum that is linked to a specific amount of sales.

Given,

     Sales = $300

     Commission = $90

Then, rate of commission = (Commission/ sales) * 100

                                           = ( 90/300) * 100 = 30%

For this rate of commission, the commission she makes for a $480 sale is

                            = 480 * (30/100) = 480 * 0.3 = $144

Therefore, the commission made by Jill for a $480 sale at the rate of commission 30% is $144.

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What is the equivalent of 3(x - 6)

Answers

Answer:

3x-18

Step-by-step explanation:

If the mean time between unscheduled maintenance of LCD displays in a hospital's CT scan facility is 4,000 operating hours, what is the probability of unscheduled maintenance in exactly 5,000 hours?

Answers

The probability of unscheduled maintenance in exactly 5,000 hours is 4/5.

What is the probability?

We know that the probability deals with the fact that an event may or many not occur. It deals with a chance event. In this case, we have been told that the hospital's CT scan facility is 4,000 operating hours.

We know that the probability can be obtained from;

P = Number of unscheduled maintenance hours/Total operating hours

This would now give us that;

P = 4000/5000

P = 4/5

Hence, there is a probability of 4/5.

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Question 3 of 10
What is the value of x?
37⁰
75"

Answers

The value of x in the figure is 40°.

What is linear pair?When two lines meet at a single point, a pair of linear angles is created. If the angles follow the point where the two lines cross, they are considered to be linear. A linear pair's angles add up to 180° in every case. These angles are additionally referred to as. A linear pair is made up of two angles that are next to one another and whose non-common sides form a line. All angles that create a linear pair are supplementary, however not all supplementary angles have to be linear pairs.

In a linear pair, the total of two angles is always 180°. All neighboring angles are linear pairs, however not all adjacent angles are linear pairs.

∠DBA + ∠ABC = 180° ( ∵ linear pair)

∠100° + ∠ABC = 180°

∠ABC = 180° - 100°

∠ABC = 80°

The sum of angles of a triangle is 180° .

So, in triangle ABC

∠A + ∠B + ∠C = 180°

x + 80 + 60 = 180°

x + 140 = 180°

x = 180° - 140°

x = 40°

So, ∠A = x = 40°

The complete question is,

Find the value of x in the figure below :

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HELLPPPP ITS DO TOMORROW

Answers

The place value of the digit 6 in the given number is 0.006

What is place value?

Place value can be defined as the value represented by a digit in a number on the basis of its position in the number. For example, the place value of 7 in 3,743 is 7 hundreds or 700. However, the place value of 7 in 7,432 is 7 thousands or 7,000.

Given that, California receives average rainfall of 0.476 m per year, we need to find the place value of 6 in the number given,

The number is 0.476

We know that, the first digit after the decimal represents the tenths place. The next digit after the decimal represents the hundredths place. The remaining digits continue to fill in the place values until there are no digits left.

Here, the place of 6 is after 2 digits after the decimal,

Therefore, the place of 6 is thousandths place,

Therefore, the digit 6 has value = 6 × 1/1000 = 0.006

Hence, the place value of the digit 6 in the given number is 0.006

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Which graph shows the solution to the system of linear inequalities?

x – 4y < 4

y < x + 1

Answers

Answer: we have

--------> inequality A

--------> inequality B

Using a graphing tool

the solution of the inequality A is the shaded area above the dashed line  

see the attached figure N        

the solution of the inequality B is the shaded area below the dashed line  

see the attached figure N

therefore

the solution of the compound system of inequalities is the shaded area between the two dashed lines

see the attached figure N

therefor

the answer in the attached figure N

Joe pushes a 200 kg car with a force of 125 N. In what scenario
would Joe not be doing work or the car?
O when the car moves
O when the car does not move
O when there is no friction
O when the power is too large
9 This is a required question
The chart below shows the force applied on four different
2 pol

Answers

Joe pushes a 200 kg car with a force of 125 N, In the scenario when the car does not move, Joe not be doing work or the car.

Which four types of friction are there?

Static friction, sliding friction, rolling friction, and fluid friction are the four main categories of friction. Normal force and friction are independent of the hardness of the contacting surfaces and are directly proportional to the contacting surfaces.

How is the friction work calculated?

The tiny bumps push against each other as two surfaces slide over one another. A surface is subject to a force from friction equivalent that opposes the direction of the surface's motion. Application of lubricants can reduce friction.

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IMPORTANT: Given the triangles below are similar, find the missing side length. Show the work that

Answers

Answer:

x=15

Step-by-step explanation:

6(5)=30

3(5)=15

The length of the missing side Triangle is 3

As it is given that the given triangle is similar which shows all three sides of both the triangle will be in the same ratio by CPST (corresponding parts of similar Triangles).

so

15/x=30/6 .................  the ratio of two sides of the triangle

x  =  15*6/30

x= 3

here the value of x is 3.

Also, the ratio of the side comes out to be 5:1 as 6 and 30 are the length so the first triangle has a side of 15 and the length of another triangle will be 3 to make the ratio 5:1.

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On another ring, the number of rubies is 4 times the number of diamonds, write the ratio of rubies to diamonds

Answers

The ratio of rubies to diamonds is 4:1.

What is the ratio?

The ratio is the relative size of one value compared to another.

The ratio shows the quantity of a variable or number contained in another.

We depict ratios as fractional values, like proportions.

Fractional values can be represented as fractions, decimals, or percentages.

The number of rubies = 4x

The number of diamonds = x

The sum of ratios = 5x (4x + x)

The ratio of rubies to diamonds = 4:1

Thus, on this other ring, we can conclude that the ratio of rubies to diamonds is 4:1, meaning that rubies outnumber diamonds by 4 times.

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a cube has 6 faces top bottom and all 4 sides.

Answers

True? I don’t know what this is asking

HELP PLSSS 70 POINTS GOD BLESS WILL GIVE BRAINLIEST
PICTURE BELOW

Answers

Answer:

the correct answer is -1/16 i believe

What is the value of the expression d (20+d) d when =8
36
84
168
224

Answers

Answer:

Option D: 224

Step-by-step explanation:

[tex] \sf (20 + d)d[/tex]

Insert the value d = 8

[tex] \sf(20 + 8)8[/tex]

Add

[tex] \sf (28)8[/tex]

multiply

[tex] \sf 224[/tex]

The cylindrical and the cuboidal containers shown below have the same height. the same amount of water was poured into each container. The water filled 1/2 of the cylindrical container and 1/3 of the cuboidal container. If the base are of the cylindrical container is 154 sq cm, what is the base area of the cuboidal container?

Answers

Note that where the cylindrical and the cuboidal containers shown below have the same height. the same amount of water was poured into each container. The water filled 1/2 of the cylindrical container and 1/3 of the cuboidal container. If the base area of the cylindrical container is 154 sq cm, the base area of the Cuboidal Container is 15.2

What is the justification for the above?

Let the height of the cylinder and cuboidal container be h m

We know that the base of the cylinder container is given as: 154 sq cm.

Recall that the volume for a cylinder is = Base x Height

That means in this case:

The volume for the cylinder is = 154 x Height

Thus,

1/2 * 154h = 1/3h³

77h =  1/3h³; divide both side by h to get

77 = 1/3h²

Collecting like terms and make h subject of the formula, we have;

h² = 77 * 3

h² = 231

h = √231

h= 15.1986841536

h = 15.199 or [tex]\approx[/tex] 15.2

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Rearrange this expression into quadratic form, 2++=0 , and identify the values of , , and . 0.20=2/75−x

Answers

Rearranging the given expression into quadratic form gives x² + 0.2x - 15 = 0.

The values of a, b, and c include the following:

a = 1

b = 0.2

c = -15

What is a quadratic function?

In Mathematics, the standard form of a quadratic function is given by this mathematical expression;

ax² + bx + c = 0

Where:

a and b represents the coefficients of the first and second term in the quadratic function. c represents the constant.

Next, we would multiply both sides of the quadratic function by (75 - x) as follows;

0.20 × (75 - x) = x²/(75 - x) × (75 - x)

0.20 × (75 - x) = x²

By applying the distributive property to the mathematical expression, we have the following:

0.20(75) - 0.20(x) = x²

15 - 0.2x = x²

By rearranging the mathematical expression, we have the following:

x² + 0.2x - 15 = 0

Therefore, the quadratic function is equal to x² + 0.2x - 15 = 0.

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the water tank of mang peter was full with 10000 liters of water on monday. he used 1500 liters that day.How much water was left on tuesday?

Answers

Therefore , the solution of subtraction after subtraction, amount of water left on Tuesday is 98500 liters.

What is difference?

One of the most crucial mathematical operations, which is obtained by removing two numbers, produces difference in mathematics. It reveals how much one number deviates from another. To determine how many numbers are between the two given numbers is the goal of finding the difference in math.

Here,

Given:

Amount of water on Monday=10000

Amount of water used=1500

Water left on Tuesday=10000-1500=98500

Thus ,  amount of water left on Tuesday is 98500 liters.

Therefore , the solution of subtraction after subtraction, amount of water left on Tuesday is 98500 liters.

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Which of the arithmetic mean, median, mode, and geometric mean are resistant measures of central tendency?
a) The arithmetic mean and median only.
b) The median and mode only.
c) The mode and geometric mean only.
d) The arithmetic mean and mode only.

Answers

The median and mode only are resistant measures of central tendency.

The correct option is B.

Statistics that are resistant to outliers don't change as a result. We assert that the median is a resistive measure of centre, in contrast to the mean, which is not. In a way, the median is able to reject distant values whereas the mean is drawn to them. It cannot withstand the impact of excessive values. The measurement that is least subject to sample variation is the median, which is defined as the middle of ranking data, where 50% of values are above it and 50% below it. As a result, the extreme figures have no bearing on the median. For symmetric data, nonresistant measures perform better because they are less affected by skewness and outliers. Resistant measures can be used since they are less negatively influenced.

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The 65 students in a classical music lecture class were polled, with the following results: 36 like Wolfgang Amadeus Mozart 37 like Ludwig van Beethoven 32 like Franz Joseph Haydn 14 like Mozart and Beethoven 20 like Mozart and Haydn 15 like Beethoven and Haydn 8 like all three composers. How many of these students like:________.
a. exactly two of these composers?
b. exactly one of these composers?
c. like only Mozart?
d. like haydn and exactly one of the other two?
e. like none of these composers?

Answers

The following are the solutions for the student data:

a. 25 students like exactly two of the composers

b. 31 students like exactly one these composers

c. 10 students like only Mozart

d. 19 students like haydn and exactly one of the other two composers

e. Only one student like none of these composers.

What is Venn diagram

Venn diagrams are commonly used in mathematics, statistics, and logic to illustrate relationships between sets of data. It consists of circles that overlap to show the similarities and differences between the sets like in the case of students data.

Students who like:

All three composers = 8

Only Mozart and Beethoven = 14 - 8 = 6

Only Mozart and Haydn = 20 - 8 = 12

Only Beethoven and Haydn = 15 - 8 = 7

Only Mozart = 36 - (6 + 12 + 8) = 10

Only Beethoven = 37 - (6 + 7 + 8) = 16

Only Haydn = 32 - (12 + 7 + 8) = 5

Students who like none of the composers:

65 - (10 + 16 + 5 + 12 + 6 + 7 + 8)

65 - 64 = 1

Therefore, students who like:

exactly two of the composers = 12 + 6 7 = 25 students

exactly one these composers = 10 + 16 + 5 = 31 students

only Mozart = 10 students

Haydn and exactly one of the other two composers = 12 + 7 = 19 students

none of the composers = 1 student

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The average person spends about 1/10 of their walking hours with their eyes closed. If Mrs. James was awake for 15 1/2 hours today, how much more time did she have her eyes open than closed.? PLEASE HELP

Answers

The time that Mrs James have her eyes open than closed will be 13 19/20 hours.

How to calculate the Fraction?

A fraction simply means a piece of a whole. In this situation, the number is represented as a quotient such that the numerator and denominator are split.

From the information, the average person spends about 1/10 of their walking hours with their eyes closed. If Mrs. James was awake for 15 1/2 hours today.

The more time that she have her eyes open than closed will be:

= 15 1/2 - (1/10 × 15 1/2)

= 15 1/2 - 1 11/20

= 13 19/20

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Solve 4x-2y=-10 y=x+1 using the substitution method

Answers

(-4,-3)

x=-4,y=-3

Step-by-step explanation:

solve for the first variable in one of the equations, then substitute the results into the other equation. point form:

Which equation is represented by the graphed line? (Image: graph of a line) y = x + 5 y = 5x y = x - 5

Answers

The graphed line is y = 5x passing through points (0, 0) and (1, 5)

What is an equation?

An equation is an expression that shows the relationship between variables and numbers.

The linear equation is in the form:

y = mx + b

where m is the rate of change and b is the y intercept.

The graphed line passes through (0, 0) and (1, 5), hence the equation is:

y - 0 = [(5-0)/(1 - 0)](x - 0)

y = 5x

The graphed line is y = 5x.

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Please please please help. I'm in honor's geometry and if I don't get my grade at least to a C, I'm going to fail
In the diagram below, m is the perpendicular bisector of BC.
If BK = 5x, AC = 6x + 7, CP = 4x, AB = 9x – 14. Find BC

Answers

Answer:

BC = 56 units

Step-by-step explanation:

since the main diagonal AK bisects the diagonal BC , then the figure is a kite.

• the disjoint pairs of consecutive sides are congruent in a kite, that is

AB = AC and BK = CK

using the pair AB = AC  to solve for x

9x - 14 = 6x + 7 ( subtract 6x from both sides )

3x - 14 = 7 ( add 14 to both sides )

3x = 21 ( divide both sides by 3 )

x = 7

Since m bisects BC , then

CP = PB and

BC = CP + PB = 4x + 4x = 8x

then

BC = 8x = 8 × 7 = 56

Given: Line a and line b intersect Prove: <1 = <3Which statement and reason best completes the proof?

Answers

When lines a and b overlap, angle 1 equals angle 3.

What is intersecting lines?

The intersection of two lines in Euclidean geometry might be the empty set, a point, or another line. Distinguishing these circumstances and locating the intersection have applications in computer graphics, motion planning, and collision detection, among others. When two or more lines intersect on a plane, they are referred to as intersecting lines. The crossing lines have a common point, which exists on all of them and is known as the point of intersection. The intersecting lines are two lines that have precisely one common point. The crossing lines have a point in common. The point of intersection is the common point that exists on all intersecting lines.

Here,

To prove ∠1 ≅ ∠ 3, we can use the congruent supplements theorem. According to the congruent supplements theorem, If two angles are supplements of the same angle then two angles are congruent.

Line a and line b intersect                                         (given)

∠3 is supplementary to ∠2 because of linear pair theorem (given)

So, if we take ∠2 as the common angle

And  ∠1 is supplementary to ∠2  by linear pair theorem     ( option D)

Then, ∠1 is supplementary to ∠2 which is supplementary to ∠3

Therefore, ∠1 ≅ ∠3 (according to the congruent supplements theorem)

This is proved when line a and line b intersect, angle 1=angle 3.

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Factor: k^2 + 7x + 10A:(k+10)(k+4)B:(k+2)(k+5)C:(k+2)(k-5)D:(k-2)(k-5) I need the paragraph typed out in spanish please. Third attempt for help* leadership in nursing from "George Washington's Farewell Address, Part 2"Which two describe Washington's purposes in this text? A. to identify some of the benefits that come from national unityB. to urge obedience to the federal governmentC. to renounce his membership in the Federalist partyD. to explain why the political system of the United States is superior to that of other nationsE. to explain why the Constitution permits the formation of political parties Which of the following explains how revenue is determined? A. The total amount of money brought in by sales. B. Gross domestic product is calculated. C. Costs are subtracted from revenues. D. The maximum level of benefits is figured.Edit: Its not C Because of hydrogen bonding,Select one:a. liquid water is less dense than iceb. ice sinks to the bottom of waterc. lakes freeze from the bottom upd. ice is less dense than liquid water Which is the best definition of a major scale?A. Western musicB. higher octavesC. double notesD. most commonly used Kirk is getting a raise of 5% due to inflation. His normal salary is $56,000 per year. Which of the following calculations gives Kirk's new salary, in dollars? A. 56,000 +5 B. 56,000 + 56,000(0.05) C. 56,000 + 56,000(0.50) D. 56,000 + 56,000(5) E. 56,000(.05) 841 rounded to the nearest 10th Please help me ASAP Ill mark Brainly The hypotenuse of a right angle triangle is 4 metres. If its other sides are equal find the length of each side. The spinner below shows 10 equally sized slices. Charmaine spun the dial 500 times and got the following results. A light house worker is tracking a boat that is 5 km south of her. She is also tracking a boatthat is 6 km from the tower located 70 east of north. To the nearest kilometer, howfar apart are the two boats?A. 7 kmB. 9 kmC. 8 kmD. 16 kM IMPORTANT!! in a unit circle, what is the relationship between arc length and central angle? 1-5 help please !!!!!!! What are 3 of the 6 essential principles in Jefferson's Inaugural Address?GIVE ME 3 OF THEM PLEASEEE Find the distance between the points A and B given below. What is the main reason people and bears slip and fall on ice, be careful when outside in the snow/ice. 75+11(1777-S)=16,671 Suppose ABC and DEF are complementary angles. If ABC = (5x + 7)and ABC = (3x + 3)', What are the measures of the two angles?