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
Anna007 [38]
1 year ago
6

There is $10000 in an account that pays 5% interest per year. The interest is added to the total in the account at the end of ea

ch year. How much money will be in the account at the end of each year?
Year 1:

Year 2:

Year 3:

Mathematics
1 answer:
SSSSS [86.1K]1 year ago
4 0

The value of the account at the end of 1 year is $10,500

The value of the account at the end of 2 years is $11,025

The value of the account at the end of 3 years is $11,576.25

<h3>What is the total at the end of the years?</h3>

If the amount of interest that is added into the account at the end of the year. Both the initial amount in the account and the interest that has already been earned would increase in value each year. This is known as compound interest.

The formula that can be used to determine compound interest is:

FV = P (1 + r)^n

Where:

FV = Future value

P = Present value

R = interest rate

N = number of years

Value of the account at the end of 1 year: 10,000 x (1.05) = $10,500

Value of the account at the end of 2 years: 10,000 x (1.05²) = $11,025

Value of the account at the end of 3 years: 10,000 x (1.05³) = $11,576.25

To learn more about future value, please check: brainly.com/question/18760477

#SPJ1

You might be interested in
Misty purchased a pair of jeans that were originally $24, but were on sale for 1/3 off the total price. How much did she save?
uranmaximum [27]
So whenever a problem says "of" a value, multiply. 
24 * 1/3 = 24/3 = 8

She saved 8 dollars. 

Hope this helps! If you have any questions, just ask!
5 0
2 years ago
Out of the total respondents, the percentage of respondents from the 46–55 age group who rated the film excellent is %. write yo
Mrrafil [7]

Missing data:

Viewer's Age Group  Excellent Good Average Poor Marginal Total

16–25                          52                 42       12       7           113

26–35                          33                50         5       9          97

36–45                          58                 12       28      34         132

46–55                          25                17       22       12            76

56 +                               12                 5          3         8             28

Marginal Total             180               126      70      70           446

A rating of good or excellent indicates the audience liked the movie, while a rating of poor indicates the audience disliked the movie.

<h3>How to determine the rating of the film from the 46–55 age group?</h3>

A movie producer accomplished a survey behind a preview screening of her latest movie to estimate how the film would be accepted by viewers from various age groups. The table displays the numbers of viewers in various age groups who ranked the film excellent, good, average, and poor.

25/446 = 0.05605

0.05605 * 100% = 5.605%

Out of the entire respondents, the percentage of respondents from the 46–55 age group who ranked the film excellent exists at 5.605%.

To learn more about data refer to:

brainly.com/question/4219149

#SPJ4

3 0
2 years ago
If 1 yard = 3 feet and 1 mile = 5,280 feet, how many yards are there in 1miles?
slavikrds [6]

1 yard = 3 feet

1 mile = 5,280 feet

So, 1 mile = 5,280/3 yards = 1760 yards

8 0
3 years ago
Describe the sequence of basic rigid motions that shoews S1 = S2
telo118 [61]

Answer:

S1 is congruent to S2

Step-by-step explanation:

4 0
2 years ago
Math help!<br><br> Question 5
Rudiy27

Answer:

a. 4 teachers b. 58 students c. 62 people

Step-by-step explanation:

multiply 80 by 0.05, you get 4.

Multiply 1160 by 0.05, you get 58.

Add 80 and 1160 together, you get 1240. Multiply 1240 by 0.05, you get 62.

5 0
3 years ago
Other questions:
  • Two mechanics can assemble 10 bicycles in 8 hours. How many bicycles could one mechanic assemble in 8 hours?
    8·1 answer
  • What is the solution to the system?<br> 0.5x + 0.6y = 1.7<br> −x − 0.9y = −4.3
    10·1 answer
  • in each of two right triangles one angle measure is two times another angle measure. are the triangles similar? explain your rea
    12·1 answer
  • I PROMISE BRAINLIST; 5-STARS; THANKS!! IT'S VERY SIMPLE; BELIEVE ME
    5·2 answers
  • the segment ABC has these endpoints A: (6,-3) and B (5,5). It is to be partitioned into a 1:4 ratio. Give the cordanate P that w
    13·1 answer
  • A bunch of basil cost 1.99 and a bunch of organic basil cost $ 2.50. If Jean wants to buy two bunches of organic basil, how much
    14·2 answers
  • How to determine the acute angle between the line 2x+3y=6 and the y axis?
    6·1 answer
  • I NEED HELP ASAP. I need someone who can help with the rest of the questions
    8·1 answer
  • Root 3 + root 27 - 12 upon root 3 + 6 upon root 3​
    11·2 answers
  • According to the graph, what is(are) the solution(s) of -2x2 + 4x−2 = 0?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!