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
Sergeeva-Olga [200]
2 years ago
6

You deposit all of your graduation money, $2,560, into an account earning 3.5% interest, compounded annually. You want to let it

sit, no deposits or withdraws, while you are in college for 4 years. How much will you have at the end of 4 years? Round to the nearest cent.
Mathematics
1 answer:
gladu [14]2 years ago
5 0

Answer:

To calculate compounded interest, use the compound interest formula.

A(t)=P(1+rn)n⋅t

Recognize the information given in the problem.

P=2560,r=0.035,n=1,t=4

Substitute the values into the appropriate position in the formula.

A(4)=2560(1+0.0351)1⋅4

Simplify by multiplying and dividing by 1.

A(4)=2560(1+0.035)4

Simplify using the order of operations.

A(4)=$2,937.66

The balance at the end of 4 years would be $2,937.66.

Step-by-step explanation:

You might be interested in
A garden snail moves 1/6 foot in 1/3 hours. what is the unit rate?
fiasKO [112]
1 hour=1/6+1/6+1/6
1 hour=3/6
1 hour=1/2

for every hour, the snail moved 1/2 a foot
8 0
4 years ago
Read 2 more answers
I need help with this please!!!
Andru [333]

Answer:

U = \frac{TE}{3}

Step-by-step explanation:

Given

T = \frac{3U}{E}

Multiply both sides by E to clear the fraction

TE = 3U ( divide both sides by 3 )

\frac{TE}{3} = U

5 0
3 years ago
What is the measure of CED?
LiRa [457]

Answer:

try 106, if its not try 108

Step-by-step explanation:

6 0
3 years ago
A deer can run for 2 hours at the speed of 45 mph how far can It run in that time​
Virty [35]

Answer:

90 mph

Step-by-step explanation:

if it can go 45 mph, in 2 hrs, it should go 90

45*2=90

7 0
3 years ago
Read 2 more answers
Pls answer this with a picture showing the correct box plot
faust18 [17]

Answer/Step-by-step explanation:

To find out the mistake of the student, let's find the min, max, median, Q1 and Q3, which make up the 5 important values that are represented in a box plot.

Given, {2, 3, 5, 6, 10, 14, 15},

Minimum value = 2

Median = middle data point = 6

Q1 = 3 (the middle value of the lower part of the data set before the median)

Q3 = 14 (middle value of the upper part of the data set after the median)

Maximum value = 15

If we examine the diagram the student created, you will observe that he plotted the median wrongly. The median, which is represented by the vertical line that divides the box, ought to be at 6 NOT 10.

See the attachment below for the correct box plot.

3 0
3 years ago
Other questions:
  • Its D right??????? need help
    14·1 answer
  • Evaluate the expression.
    14·1 answer
  • The hourly salary of five workers are $6, $6, $8, $10, and $35.
    12·1 answer
  • Write an equivalent unit rate of eating 4 hot dogs in 1/3 of a minute
    7·2 answers
  • I love you. You are worth it.
    11·2 answers
  • Please explain the answer, no links or random words or I will report you.
    14·1 answer
  • Use the table definitions of H(t) and r(t) shown below to find (H o r)(3.0)
    15·1 answer
  • How do I get the answer to this​
    15·1 answer
  • A television normally sells for $320. This week, it's on sale at %60 off the normal price. What is the sale price?
    5·2 answers
  • Which algebraic properties was applied to the expression a + (b + c) = (a + b) + c?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!