All categories

2 years ago

You are investing $1500 at 5.2% compounded annually. How much money will you have in 12 years?

Mathematics

1 answer:

erica [24]2 years ago

8 0

Answer:

$2756.01 to the nearest cent.

Step-by-step explanation:

A = P(1 + r)^t where A is the amount after t years, P = amount invested, r = rate as a decimal fraction.

So here, we have:

A = 1500(1 + 0.052)^12

= 1500 * 1.837337

= $2756.01

You might be interested in

Make n the subject of the formula<br> M=7n

OLEGan [10]

Answer:

Step-by-step explanation:

7n = M

(7)n = M

n = M/7

3 0

3 years ago

Factorize: (2a+b)^3+(a+2b)^3

dsp73

Answer:

9(a+b) x (a²+ab+b²)

Step-by-step explanation:

expand the brackets
collect like terms
remove the brackets
collect like terms
factorise
reorder the terms
multiply

8 0

3 years ago

What rectangle could created from a parallelogram with base of 6 and height of 2

Anon25 [30]

Answer:

see the explanation

Step-by-step explanation:

we know that

Every parallelogram can be made into a rectangle

With a parallelogram with a base of 6 and height of 2 you could create a rectangle with a base of 6 and height of 2

see the attached figure to better understand the problem

5 0

3 years ago

Read 2 more answers

Easy Math! Please give an explanation also if you can :)

Alborosie

i don't know people are rude lol I tried at least

8 0

3 years ago

Read 2 more answers

A paper bag has 3 red and 7 blue marbles. What is the probability of getting f getting a blue marble on the first try

solong [7]

Answer: 7/10

Step-by-step explanation:

First you add the total number of marbles. Then, you take the total number of blue marbles, and make that your denominator. The total number of marbles is your numerator.

5 0

3 years ago