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Svet_ta [14]
2 years ago
6

Henry deposited $1700 in a savings account

Mathematics
1 answer:
zaharov [31]2 years ago
5 0

The amount that will be there in Henry's account after a period of 6 years will be $1,925.765.

<h3>What is compound interest?</h3>

Interest on interest, or compound interest, is the adding of interest to the principal sum of a loan or deposit. It's the outcome of reinvesting interest rather than paying it out so that interest is received on the principal plus previously collected interest in the next quarter.,

A = P(1+ \dfrac{r}{n})^{nt}

The amount that Henry put in the account is $1700, while the compound interest on that account is 2.1% annually. Also, the time for which the amount is kept in the account is 72 months which is equal to 6 years.

Now, the total amount in Henry's account after a period of 6 years will be,

\rm Account\ Balance = \$1700(1+0.021)^6

                           = \$1700(1.021)^6\\\\= \$1,925.765

Hence, the amount that will be there in Henry's account after a period of 6 years will be $1,925.765.

Learn more about Compound Interest:

brainly.com/question/25857212

#SPJ1

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An object at the top of a building with height 110 feet is thrown upward with an initial speed of 23 ft/s. Find its position z(t
alina1380 [7]

Answer:

Step-by-step explanation:

Given

Height of building is h=110\ ft

Initial upward velocity u=23\ ft/s

height of object is given by

z(t)=ut+\frac{1}{2}gt^2

but building is already at a height of 110 ft so z(t) must be given by

Z(t)=ut+\frac{1}{2}(-g)t^2+110

Z(t)=23\times t-\frac{1}{2}\times 9.8\times t^2

Z(t)=-16t^2+23t+110

Time when it hits is given by when Z(t)=0[/tex]

-16t^2+23t+110=0

t=\frac{-23\pm \sqrt{(23)^2-4\times (-16)\times 110}}{2\times (-16)}

t=\frac{-23\pm 87}{-32}

t=3.43\ s

6 0
3 years ago
Amelia is training for a triathlon. She swims 3/5 mile. Then she runs about 6 times farther than she swims. About how far does A
il63 [147K]

Answer:

so if amelia swims 3/5 then runs 6 times that fraction you put 6/1 and you times 3times 6 and 5 times 1 sp that equals 18/5

Step-by-step explanation:


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3 years ago
My noob has 36 apples he puts 29 in a bag how much he has now
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Answer: He has 7 at the moment, technically, if he still has the bag, he still has all 36

Step-by-step explanation:

8 0
2 years ago
Solve for f(-2) <br> PLEASE HELPPPPP
viva [34]

Answer:

5/9

Step-by-step explanation:

f(x) = 5 * 3^x

Let x = -2

f(-2) = 5 * 3^-2

We know a^-b = 1/a^b

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7 0
2 years ago
Read 2 more answers
The lines below are perpendicular. If
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God is with you!!!

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