Answer:
In 5 years I will have $ 1,151.71.
Step-by-step explanation:
To determine, if I put 700 into a savings account that's earns 1% interest compound monthly, how much will I have in 5 years, the following calculation must be performed:
700 x (1 + 0.01 / 12) ^ 12x5 = X
700 x (1 + 0.008333) ^ 60 = X
700 x 1.64530 = X
1,151.71 = X
Therefore, in 5 years I will have $ 1,151.71.
Answer:
156
Step-by-step explanation:
If HCF is 78, it means 156 is a multiple of 78, therefore its the LCM for both of the numbers.
Answer:
Its b
Step-by-step explanation:
Answer:
Interest earned after 12 years is $48,000.
Step-by-step explanation:
The first step is to find 4% of 10,000
10,000 times .4 equals to 4,000
4% of 10,000 is 4,000
So each year, $4,000 is added
Times $4,000 by 12 years and you will have the total interest earned.
In case you need to know, the total amount of the bank account should be $58,000.
I hope this helps! :)
