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Allushta [10]
2 years ago
9

You deposit $2,000 into a bank account that will bay you 4. 8% interest APR ("annual percentage rate") compounded monthly. How m

uch money will you have in 10 years?
Mathematics
1 answer:
Nitella [24]2 years ago
3 0

~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$2000\\ r=rate\to 4.8\%\to \frac{4.8}{100}\dotfill &0.048\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{monthly, thus twelve} \end{array}\dotfill &12\\ t=years\dotfill &10 \end{cases} \\\\\\ A=2000\left(1+\frac{0.048}{12}\right)^{12\cdot 10}\implies A=2000(1.004)^{120}\implies A\approx 3229.06

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2 tenths is equal to____ fifths
Sunny_sXe [5.5K]
To solve this, it is easiest to set up a proportion, letting x represent the number that we don't know.

2/10 = x/5

Now, we can use cross products to simplify this proportion.  Cross products sets the products of the numerator and denominator of separate fractions equal to one another.  It results in the equation:

(5)(2) = (10)(x)

Let's multiply out these numbers to further simplify the equation.

10 = 10x 

Finally, we have to divide both sides by 10, to get our variable x alone

x = 1

Therefore, 2 tenths is equal to 1 fifth.
5 0
3 years ago
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4. Stephanie breaks on average 1.5 pencils every school day. How many pencils can she expect to break in a week (5 days)?
olya-2409 [2.1K]

Answer:

7.5 pencils broken in a week (5 days).

Step-by-step explanation:

1.5 pencils broken a day

Now we just multiple this by 5 for each of the school day's.

1.5 pencils * 5 days = 7.5 pencils broken in a week.

Have a nice day! :)

Please mark this answer as brainiest!

7 0
3 years ago
Please help with this question​
ioda

Answer:

25

Step-by-step explanation:

\frac{5^8 \times 5^{-2}}{5^4}

\frac{5^{8+-2}}{5^4}

\frac{5^{6}}{5^4}

5^{6-4}

5^2

=25

3 0
3 years ago
(50)points 5 questions!
vodomira [7]
I believe the answers are 1. C 2. B 3. D 4. C 5. A
3 0
3 years ago
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Is 1/2 a solution to the equation 8 -2x = 10x + 3?
KatRina [158]

Answer       yes

Step-by-step explanation:  

hope this helps

8 0
3 years ago
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