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
aleksandrvk [35]
2 years ago
13

How much will you have saved after 6 years by contributing 1200 at the end of each year if you expect to earn 11 % on the same i

nvestment
Mathematics
2 answers:
Licemer1 [7]2 years ago
8 0

Answer:

2244.50

Step-by-step explanation:

A= P(1+r/n)^nt

A= 1200(1+(.11/1))^6

Shalnov [3]2 years ago
5 0

Answer:

you have saved $7332 after 6 years

Step-by-step explanation:

11% of 1200, 1200 x 0.11 = 132

initial investment after 6 years: 1200 x 6 = 7200

initial + earn: 7200 + 132 = 7332

You might be interested in
Solve by substitution<br> -4x+y=6<br> -5x-y=21
inn [45]

Answer:

x=-3, y=-6. (-3, -6).

Step-by-step explanation:

-4x+y=6

-5x-y=21

--------------

-9x=27

x=27/-9

x=-3

-5(-3)-y=21

15-y=21

y=15-21

y=-6

7 0
3 years ago
Determine the independent variable (__________,y). what word goes in the blank space??
bulgar [2K]
In the blank the answer is x axis
5 0
3 years ago
a taxi company charges passengers $2.00 for a ride, no matter how long the ride is, and an additional $0.20 for each mile travel
Len [333]
The cost of the ride varies by however many miles is driven, however the charging rate stays the same no matter how long the ride is. In the expression 0.20m + 2.00 , 2.00 is the constant as it stays the same, and 0.20 is the coefficient as is varies with however many miles are driven.
4 0
4 years ago
A test was marked out of 80. A boy scored 60% of the marks on the test. How many marks did he score?
cricket20 [7]
He score 48 marks.

This can be found by simply multiplying 80 by 60% (0.6). This will give you your rinal answer of 48.

I hope this helps!
7 0
3 years ago
Martin charges $10 for every 5 bags of leaves he rakes. Last weekend, he raked 2 bags of leaves. How much money did he earn?
melisa1 [442]
If 10$-5bags;
2$-1bag;
4$-2bags

Solution: 4$
7 0
3 years ago
Other questions:
  • Which equation is equivalent to (-4y - x) - (3y - 9x)
    10·1 answer
  • Can somebody help me make sure this is correct
    7·1 answer
  • 2x + 5 equals 3x squared + 2 x - 7
    7·2 answers
  • I need the work and the answers
    6·1 answer
  • Please help
    7·1 answer
  • Need Help (: Help me pls Brainly dont take
    10·1 answer
  • Use the simple interest formula to find the interest earned for $347 at 9.63% for 5 years
    13·1 answer
  • Solve the Equation: 10 = 1(x-19)
    8·2 answers
  • PLZZZZZ HELPPP ME!!!!
    12·1 answer
  • Can someone please help me
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!