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
Ira Lisetskai [31]
1 year ago
10

1. You invest $2500 with annual interest rate of 4%. How much money will you have after 5 years?Use the following formula:A = P(

1 + r)Show your work here:Choose the correct answer$2952S29325314253042

Mathematics
1 answer:
Yuki888 [10]1 year ago
8 0

$ 3042

Explanation

we need to use the formula:

\begin{gathered} A=P(1+r)^t \\ \text{where} \\ \text{ P is the principal} \\ r\text{ is the rate ( in decimal)} \\ t\text{ is the time} \end{gathered}

Step 1

a)let

\begin{gathered} P=2500 \\ r=\text{ 4\% =}\frac{4}{100}=0.04 \\ r=0.04 \\ t=5\text{ ( years)} \end{gathered}

b) now, replace

\begin{gathered} A=P(1+r)^t \\ A=2500(1+0.04)^5 \\ A=2500(1.04)^5 \\ A=2500(1.2166) \\ A=3041.63 \\ \text{rounded} \\ A=3042 \end{gathered}

therefore, the answer is

$ 3042

You might be interested in
Find the value of 4 + 3 x 2
aliya0001 [1]
Using PEMDAS, You know that you have to multiply first so 3*2 is 6. Than you have to add 6+4 which gives you 10... So there for 10 is your answer....
7 0
3 years ago
Read 2 more answers
A book store is keeping track of the price of books according to the number of pages. Which scatterplot represents that bivariat
tangare [24]

Answer:

The graph has pages on the X-axis and price (dollars) on the Y-axis

Step-by-step explanation:

The X-axis will always have the independent variable (pages), while the Y-axis will have the dependent variable (number of pages).  The pages will exist no matter how many there are, but the price is influenced by the number of pages.

3 0
3 years ago
Read 2 more answers
What is the simplified form of
umka21 [38]

<em>Note: Your answer choices remain a little unclear. But, I have solved the concept and solution, so you can easily figure it out.</em>

Answer:

\left(-7x^0+5x^2-x+6\right)-\left(-8x^2+x+3\right)=13x^2-2x-4

Step-by-step explanation:

Given the expression

\left(-7x^0+5x^2-x+6\right)-\left(-8x^2+x+3\right)

solving the expression

=-7x^0+5x^2-x+6-\left(-8x^2+x+3\right)

apply the rule: a^0=1,\:a\ne \:0

=-7+5x^2-x+6-\left(-8x^2+x+3\right)

=-7+5x^2-x+6+8x^2-x-3

simplify

=13x^2-2x-4

Therefore, the simplified form is:

\left(-7x^0+5x^2-x+6\right)-\left(-8x^2+x+3\right)=13x^2-2x-4

<em>Note: Your answer choices remain a little unclear. But, I have solved the concept and solution, so you can easily figure it out.</em>

8 0
3 years ago
Can someone please help me with math?
Fofino [41]
You most likely will win a token. you have the advantage as the most they can win is 1 token if you lose, but you can win 3 tokens.
6 0
3 years ago
7 MORE THAN TWICE a number n
Sever21 [200]

Answer:

2n+7

Step-by-step explanation:

7 more than twice n would be:

2n+7

this is because twice n would mean that you'd multiply n by 2, and by 7 more than they mean you would add 7 to that.

5 0
3 years ago
Other questions:
  • The cartesian coordinates of a point are given. (a) (−2, 2) (i) find polar coordinates (r, θ) of the point, where r &gt; 0 and 0
    9·1 answer
  • Haley is comparing the cost of a fresh lobster dinner at two different restaurants. The first restaurant charges $29 for the mea
    10·1 answer
  • What is the unit cost of 15yd^2 at $2 per squared yard
    15·1 answer
  • Please help me out thanks
    9·1 answer
  • Given f(x) = 4x^2 – 1 and g(x) = 2x - 1, find f(g(-1)).
    11·2 answers
  • The volume of a rectangular prism is the products it’s dimensions. If the dimensions of a rectangle prism are approximately 1.08
    13·1 answer
  • Tyrone is converting 45/50 to a percent. Which method should he use to find the percent?
    8·2 answers
  • How many people scored below 80?<br><br><br><br> 21<br> 18<br> 11<br> 12
    11·1 answer
  • Solve for x……………………….
    14·2 answers
  • In ΔGHI, m∠G=(10x+9) ∘ , m∠H=(3x+13) ∘ , and m∠I=(x+4) ∘ . What is the value of x ?
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!