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
Alenkinab [10]
3 years ago
14

A young college student puts $2,500 in savings into a special bank account. The account earns interest at a rate of 3%, compound

ed 6 times per year. The bank account matures after 2 years, when the college student may withdraw the funds. How much money will the account have at maturation?
Mathematics
1 answer:
Serggg [28]3 years ago
3 0
<span>2500(1 + .03/6)^12 = 2654.19
Your answer is $2654.2
Hope this helps!</span>
You might be interested in
A coin is flipped eight times where each flip comes up either heads or tails. How many possible outcomes a) are there in total?
attashe74 [19]

Answer:

There are 256 ways in total.

There are 56 possible outcomes contain exactly three heads.

The possible outcomes contain at least three heads is 219.

The possible outcomes contain the same number of heads and tails are 70.

Step-by-step explanation:

Consider the provided information.

A coin is flipped eight times where each flip comes up either heads or tails.

Part (a) How many possible outcomes are there in total?

Each time we flip a coin it comes up either heads or tail.

Therefore the total number of ways are:

2\times 2\times 2\times 2\times 2\times 2\times 2\times 2=2^8=256

Hence, there are 256 ways in total.

Part (b) contain exactly three heads?

We want exactly 3 heads, therefore,

n=8 and r=3

According to the definition of combination: \binom{n}{r}=\frac{n!}{r!(n-r)!}

\binom{8}{3}=\frac{8!}{3!(5)!}=56

Hence, there are 56 possible outcomes contain exactly three heads.

Part (c) contain at least three heads?

For 3 heads: \binom{8}{3}=\frac{8!}{3!(5)!}=56

For 4 heads: \binom{8}{4}=\frac{8!}{4!(4)!}=70

For 5 heads: \binom{8}{5}=\frac{8!}{5!(3)!}=56

For 6 heads: \binom{8}{6}=\frac{8!}{6!(2)!}=28

For 7 heads: \binom{8}{7}=\frac{8!}{7!(1)!}=8

For 8 heads: \binom{8}{8}=1

Now add them as shown:

56+70+56+28+8+1=219

Hence, the possible outcomes contain at least three heads is 219.

Part (d) contain the same number of heads and tails?

Same number of heads and tails means that the value of r=4.

Therefore,

\binom{8}{4}=\frac{8!}{4!(4)!}=70

Hence, the possible outcomes contain the same number of heads and tails are 70.

6 0
3 years ago
I need help ASAP (will give brainliest)
Burka [1]
IT IS C BECAUSE IT IS SAYING IT WAS 43 AND IS NOW DROPPING BY -3
8 0
3 years ago
3) What percent of 80 is 52?​
RoseWind [281]

Answer: 65 percent is the answer

5 0
3 years ago
Could someone help with this?
nexus9112 [7]

Answer:

30t

Step-by-step explanation:

2(15)t

30t

7 0
3 years ago
Read 2 more answers
The expression 4X / 5 - 2x / 3 is equivalent to​
Ivahew [28]
Is this what you need 4x/ [5-(2x/3)] ?
If yes, then 4x/[(15-2x)/3] = 4x•3/(15-2x) = 12x/(-2x+15)
7 0
4 years ago
Other questions:
  • Evaluate 10m+n2/4, when m=5 and n=4
    7·2 answers
  • What is a unit of volume with dimensions 1 x 1 x 1 unit
    13·2 answers
  • Mario needs 32.5 m of chain link fence to enclose his garden. The cost of the fence is $6.88 per meter.
    10·2 answers
  • Indira has 18 coins valued at $4.20. she has only quarters and dimes. Which augmented matrix can be used to determine the number
    14·2 answers
  • PLEASE HELP FAST!
    14·1 answer
  • If you have to slow your car when your driving down a hill you should
    8·1 answer
  • Solve for all values of x by factoring.<br> x2 + 10x + 12 = 2x + 5
    7·1 answer
  • WhatisthecoordinateofthemidpointofVW?
    9·1 answer
  • The point P(x,y) lies in the terminal side of an angle theta= -60° in standard position. What are the signs of the values of x a
    12·2 answers
  • Triangle ABC is the image of Triangle DEF under a dilation such that AB=3/4 DE. Which of the following best describes Triangles
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!