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
Sphinxa [80]
2 years ago
13

How much would you need to deposit in an account now in order to have $4000 in the account in 15 years? Assume the account earns

4% interest compounded monthly. Round to the nearest cent
Mathematics
1 answer:
Finger [1]2 years ago
5 0

Answer:

$2500

Step-by-step explanation:

CA=p(1+MR÷1200)

4000=p(1+180×4÷1200) 15 yrs =15×12=180 month

4000=1.6p

p=4000÷1.6

p=2500

please give me brainliest

You might be interested in
Find the y-intercept of the line below.
ANEK [815]
Y=mx+b, the b is your y-intercept so just rearrange your equation
y=(3/7)x+(2/7)
your y-intercept would be b) (2/7)
8 0
3 years ago
Stanley has a collection of seashells. He found 35% of his collection on Florida beaches. If Stanley has 49 seashells from Flori
m_a_m_a [10]

Answer:

The number of seashells he have in his collection all together is <u>140</u>.

Step-by-step explanation:

Given:

Stanley has a collection of seashells. He found 35% of his collection on Florida beaches.

Stanley has 49 seashells from Florida.

Now, to find the number of seashells of his collection altogether.

Let the number of seashells all together be x.

Percentage of seashells found on Florida beaches = 35%.

Number of seashells found on Florida beaches = 49.

Now, to get the number of seashells altogether we put an equation:

35\%\ of\ x=49.

⇒ \frac{35}{100} \times x=49

⇒ 0.35\times x=49

⇒ 0.35x=49

Dividing both sides by 0.35 we get:

⇒ x=140.

Therefore, the number of seashells he have in his collection all together is 140.

4 0
3 years ago
Arjay, Dorothy, Melissa, and Gray live in the same city. Arjay and Dorothy live 2 miles from each other. Dorothy and Melissa liv
GarryVolchara [31]
Dorothy and Gray live 8 miles from each other.
5 0
3 years ago
Point S is on line segment RT.Given ST = 2x, and RT = 4x, and RS = 4x – 4,
Lorico [155]

Answer:

2

Step-by-step explanation:

7 0
3 years ago
If you wanted to open a banking account that was best suitable for everyday use, which account would you choose?
barxatty [35]

Answer:

CDs (Certificates of Deposit)

Step-by-step explanation:

because You can go in everyday and use your money Then when you get money back you can deposit into your account.

This is what I choose

8 0
3 years ago
Other questions:
  • What is .5333 as a fraction?
    12·1 answer
  • Mrs.Conley can type 3 pages in one hour. How many hours will it take her to type a 123 page paper
    5·1 answer
  • Gabriel saves 40% of his monthly paycheck for college. He earned $270 last month. How much money did Gabriel save
    8·2 answers
  • #3 please im so bad with area lol
    13·2 answers
  • A number cube is tossed and one card is randomly drawn. Find P(3, yellow) (BTW There are 5 cards 3 yellow 2 blue) The answer cho
    15·2 answers
  • LWhat is equivalent to 1/4
    15·1 answer
  • What does it equal to and how
    15·2 answers
  • What are x and y intercepts of the<br> equation 3y + 2x = 6?
    9·1 answer
  • Write the equation of the line with the given slope and y-intercept
    15·1 answer
  • A crate of pears that usually costs $50 is on sale for 10% off. What is the sale price for the crate of pears?​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!