1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vlad [161]
2 years ago
14

An account is opened with an initial balance of $950 and a simple annual interest rate of 1.6%. What is the balance after 5 year

s
Mathematics
2 answers:
Sergeeva-Olga [200]2 years ago
5 0
The answer is $1,026.

Solving: Use Simple interest formula, I=Prt.

Make the rate into a decimal (1.6% -> 0.016)

plug in the numbers into the formula. 950 x 0.016 x 5 = 76$.

76$ will be our interest, now to find the balance we would have to add the the starting money (950) with our interest (76$), resulting in our answer of $1,026 after 5 years.
Damm [24]2 years ago
4 0
$1,026. This is because $950 multiplied by 1.6% is equal to $15.20. This multiplied by 5 years is equal to $76. $950 multiplied by $76 is equal to $1,026.
You might be interested in
Use front end estimation with adjustment to estimate each difference..5780-3962
inessss [21]
Idk what to do on yalls problems
4 0
3 years ago
A computer costs $725.85 and a printer costs $87.55. The state sales tax is 6%. What would be the total cost of
katen-ka-za [31]

Answer: It would be $862.20

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
I really don’t understand questions 3,4,6,7 could you please please help! i don’t need #5. If you can please explain your work.
Lapatulllka [165]
#5
5(p+6)=8p
5p+30=8p
8p-5p=30
3p=30
30/3
p= 10 is your answer
#4
3(g+7)=2(10+g)
3g-21=20+2g
3g-2g
g-21=20
20+21
g=41 is your answer
#6
3/7 w -11= -4/7 w
3/7w=-4/7 + 11
3/7 w = 73/7 x 7
3w = 511/7
3w= 73
w= 73/7 is your answer
7 0
3 years ago
Is f (x)=4/x a exponential function
maks197457 [2]
No. 4/x will take the form of a hyperbola and is called an inverse function.
5 0
3 years ago
Read 2 more answers
A second bag of 40 marbles contains 11 red marbles, 9 blue marbles and 20 green marbles.
Goryan [66]

Answer:

Where is the first bag? We cant solve the question without knowing the marbles in the first bag

8 0
3 years ago
Read 2 more answers
Other questions:
  • ANSWER ASAP PLEASEEE!!!!!!!!!!!!!!!!!
    13·2 answers
  • Solve the inequality:<br><br> −1&lt;|2 x − 3|&lt;7
    14·1 answer
  • 6x-14+2x=5+8x-19 it this equation true
    12·1 answer
  • What is a squared 9 in algebraic form?
    6·1 answer
  • SULVING MUL<br>1) 5x + 2 + 4x = -7​
    9·1 answer
  • A recent survey describes the total sleep time per night among college students as approximately Normally distributed with mean
    8·1 answer
  • What is the simplified expression for Negative 3 c d minus d (2 c minus 4) minus 4 d?
    10·1 answer
  • Give the area of each region of the square as well as the total area of the large square
    6·1 answer
  • Х
    14·1 answer
  • Drag the operation signs to make the equation true. An operation may be used once. more than once, or not at all
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!