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Fittoniya [83]
2 years ago
13

Which of the following is the balance for a single $2.520 deposit in an account with an APR of 1.16% that compounds interest mon

thly and is invested for 37 years? Which of the following is the balance for a single $ 2.520 deposit in an account with an APR of 1.16 % that compounds interest monthly and is invested for 37 years ?​
Mathematics
1 answer:
aalyn [17]2 years ago
3 0

Answer:

The balance after 37 years is $3869.99

Step-by-step explanation:

<u>Given:</u>

  • Principal (P) =  $2,520
  • Rate of Interest (R) = 1.16%
  • Time (t) = 37 years
  • Compounds Interest Monthly (n) = 12

The Amount (A),

A = P (1 + \frac{R}{100n})^{nt}       <em>  if compound n times per year</em>

Amount (A) at 37 years,

A = ($2,520) (1 + \frac{1.16}{100(12)})^{12 x 37}

A = ($2,520) (1 + \frac{1.16}{1,200})^{444}

A = ($2,520) (1.00096667 )^{444}

A = ($2,520) (1.5357)

A = $3869.9944

Learn more about Compounds Interest here: brainly.com/question/12325365

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Answer:

567

Step-by-step explanation:

function is the answer.

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Find the length of the missing ride. ROUND YOUR ANSWER TO THE NEAREST TENTH
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Using pythagorean theorem:

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1 year ago
Finding domain f(x)=3x+1/x-5
arlik [135]
The function is undefinded if the denominator, x-5, equals 0.
So x-5 \neq 0 \\ &#10;x \neq 5.
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In interval notation, this is (-infinity, 5) u (5, infinity).
4 0
3 years ago
select the irrational number? A)√9 B)√12 C)√16 D)√20 E)√25 (there should be more than one answer)
GenaCL600 [577]
The answers are:
__________________________
    [B]:  "√12 " ;   AND:
__________________________
    [D]:  "<span>√20" .
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Note:  "Irrational numbers" have decimals that are:  1) non-terminating;  AND:  2) non-repeating.
__________________________
Consider the answer choices given; and consider the given information that there "should be no more than one answer.
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Consider the following answer choices:
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Choice A)  "</span><span>√9"  =  3 .  Rule out this choice.
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Choice C)  "</span><span>√16" = 4 .  Rule out this choice.
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Choice E)  "</span><span>√25" = 5.   Rule out this choice.
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We are left with 2 (two) remaining answer choices:
    [B]:  "</span>√12"  ;  and:  [D]:  "<span>√20" .
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If there are more than one answer, then these two choices should be the correct answer.   However, let us explore these two choices, using a calculator.
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    [B]:  </span>"√12"  =  3.4641016151377546

    [D]:  "√20"  =  4.4721359549995794
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These two answer choices should the correct answers.
6 0
4 years ago
Question 2 2.1 2.2 2.2.1 2.2.2 Determine the general solution for sin(x - 30°) = cos 2x Consider the functions f(x) = sin(x-30°)
OLEGan [10]

The general solution for the given equation is 40°+120°n.

The period of g(x) is π.

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To learn more about  period, visit :

brainly.com/question/12539110

#SPJ9

5 0
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