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
GREYUIT [131]
3 years ago
12

How much can you accumulate in a savings plan if your annual year-end deposit is $500, and you earn 6% annual interest for 8 yea

rs?
S = p times 1 + r quantity to the n power minus 1 all over r
A. $7,265.40
B. $12,265.40
C. $4,948.73
D. $14,265.40
Mathematics
1 answer:
Anit [1.1K]3 years ago
3 0
Hi there
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r)^(t)-1)÷r]
Fv future value?
PMT 500
R 0.06
T 8 years

Fv=500×(((1+0.06)^(8)−1)÷(0.06))
Fv=4,948.73

Option c

Hope it helps
You might be interested in
Carl bought 19 apples of 2 different varieties to make a pie.The total cost of the apple was $5.10.Granny Smith apples cost $0.2
disa [49]

For this case we propose a system of equations:

x: Let the variable representing the quantity of Granny Smith apples

y: Let the variable representing the number of Gala apples

According to the statement we have:

x + y = 19\\0.25x + 0.30y = 5.10

From the first equation we have to:

x = 19-y

replacing in the second equation:

0.25 (19-y) + 0.30y = 5.10\\4.75-0.25y + 0.30y = 5.10\\4.75 + 0.05y = 5.10\\0.05y = 5.10-4.75\\0.05y = 0.35\\y = \frac {0.35} {0.05}\\y = 7

So, Carl bought 7 Gala apples

On the other hand:

x = 19-7 = 12

So, Carl bought 12 Granny Smith apples

Answer:

Carl bought 7 Gala apples and 12 Granny Smith apples

8 0
3 years ago
What’s the Area of the kite?
maria [59]

Answer:

54 m^2

Step-by-step explanation:

Area of a kite is the two diagonals multiplied and then divided by 2.

3+3=6

12+6=18

18(6)=108

108/2=54

Therefore, 54 m^2

I hope this helped and have a good rest of your day!

5 0
3 years ago
I need help I don’t get this at all
dolphi86 [110]

Answer:


Step-by-step explanation:

function

5 0
3 years ago
A boat travels at a rate of 18 kilometers per hour from its port. A second boat is 34 kilometers behind the
Anna11 [10]

Answer:

The second boat will catch up in 8.5 hours, and they will be 187 km from their port.

Step-by-step explanation:

Since the system of equations are d=18t+34 and d=22t, you first rewrite d=18t+34 as an equation. 18t+34=22 and that equals to 8.5=t. Then you solve the next one d=22t and the answer you got from the other equation, you substitute d=22(8.5) and that equals to 187.

3 0
3 years ago
Use the table and equation to answer the following question.
ale4655 [162]

go ask ur mom for help not me ty

8 0
2 years ago
Other questions:
  • If n + 5 = 16<br> And y x 6= 48 <br> What is n + y x 20?
    6·1 answer
  • An angle is 40 more than its complement. What is the measure of that angle?
    11·1 answer
  • How do you convert kilometers to meters
    13·1 answer
  • Which arrangement shows 31/8,3,7,3 3/4,and3.89 in order from least to greatest
    8·2 answers
  • Simplify 3(x - 6) - 4(x 3). <br> a. -x - 30 <br> b. -x - 9 <br> c. -x - 6 <br> d. -x2 - 30
    11·2 answers
  • Q3 Which statement is true about the volumes of cylinders 1 and 2 shown below?
    9·1 answer
  • Ed genuity
    5·2 answers
  • A store uses a 60% markup rate to sell items to its customers. If one item costs 12$ how much money the store will make on that
    10·1 answer
  • Can someone please help for brainlest
    9·2 answers
  • HELP ASAP!!!!!!! PLEASEEEEE
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!