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
Anuta_ua [19.1K]
3 years ago
11

Please help! Thank you

Mathematics
2 answers:
Alex_Xolod [135]3 years ago
7 0
Find the future value
A=p (1+r/k)^kt
A=3,200×(1+0.024÷4)^(4×15)
A=4,581.72
interest earned
4,581.72−3,200
=1,381.72
Ket [755]3 years ago
5 0

Answer:

D) $1381.72

Step-by-step explanation:

We have been given that Brett deposited $3,200 into a savings account for which interest is compounded quarterly at a rate of 2. 4%. We are asked to find the amount of interest Brett will earn after 12 years.

We will use compound interest formula to solve our given problem.

A=P(1+\frac{r}{n})^{nT}, where,

A = Final amount after T years,

P = Principal amount,

r = Annual interest rate in decimal form,

n = Number of times interest is compounded per year,

T =Time in years.

Let us convert the given interest rate in decimal form.

2.4\%=\frac{2.4}{100}=0.024

Upon substituting our given values in above formula we will get,

A=\$3200(1+\frac{0.024}{4})^{4*15}

A=\$3200(1+0.006)^{60}

A=\$3200(1.006)^{60}

A=\$3200*1.43178841202

A=\$4581.722918467\approx \$4581.72

Now we will subtract $3200 from $4581.72 to find the amount of interest.

\text{The amount of interest}=\$4581.72-\$3200

\text{The amount of interest}=\$1381.72

Therefore, Brett will earn $1381.72 in interest after 15 years and option D is the correct choice.

You might be interested in
In a recent study, volunteers who had 8 hours of sleep were three times more likely to answer questions correctly on a math test
kumpel [21]

Answer:

(c) the sample is amount of sleep the volunteers got in the study.

Step-by-step explanation:

sample: this is a small part that is intending to show what a big part is all about.

volunteer: a person who does something willingly.

6 0
3 years ago
The glacier moves 5 centimeters in 8 days. How many days does it take the glacier to move 1 centimeter?
marshall27 [118]
1.6 days because 8/5 = 1.6
6 0
3 years ago
A jetski rental company charges a $50 deposit, plus $25 per hour to rent a jetski. This can be represented by the formula T = 25
loris [4]

Answer:

None, the answer will be the same

Step-by-step explanation:


4 0
3 years ago
Find the volume of the compound shape.​
jeyben [28]
<h3>Given:</h3>
  • Hemisphere ×2 or sphere
  • Cylinder
<h3>Solution:</h3><h3>Volume of the sphere:</h3>

v =  \frac{4}{3}  \pi {r}^{3}

v =  \frac{4}{3}  \times \pi \times  {2}^{3}

v = 33.51 \:  {m}^{3}

<h3>Volume of the cylinder:</h3>

v = \pi {r}^{2} h

v = \pi \times  {2}^{2}  \times 6

v = 75.40 \:  {m}^{3}

<h3>Total volume:</h3>

v = 75.40 + 33.51

v = 108.91 \:  {m}^{3}

<u>Hence</u><u>,</u><u> </u><u>the</u><u> </u><u>volume</u><u> </u><u>of</u><u> </u><u>the</u><u> </u><u>given</u><u> </u><u>compound</u><u> </u><u>shape</u><u> </u><u>is</u><u> </u><u>108.91</u><u> </u><u>cubic</u><u> </u><u>meters</u><u>.</u>

4 0
1 year ago
Read 2 more answers
The sum o three - fourths of a number and eleven is fourteen.
pav-90 [236]

Answer:

3x+5 ????

Step-by-step explanation:

4 0
2 years ago
Other questions:
  • Question 4:<br><br> Rewrite the following without an exponent.<br><br> (5/8)^−1
    9·1 answer
  • 1. If a - b = 4 and a + b = 12, what is the<br> value of a?
    15·2 answers
  • She uses between 1515 and 2020 yellow and blue beads in a ratio of 44 yellow beads to 55 blue beads.
    6·1 answer
  • Increase 14187.13 by 4.5%
    7·1 answer
  • Write an equation in point-slope form.
    8·1 answer
  • How do i factor 54a + 24b
    6·2 answers
  • A store plans to sell two different game consoles, the Wii and the xbox. The store’s wholesale price for the Wii is $250, and th
    7·1 answer
  • What solid fits snugly through each shape when held in the right position -square, triangle, circle
    10·2 answers
  • Find the distance of a chord 8cm long from the centre of a circle radius 5cm​
    12·1 answer
  • Sue spent 1 hour 19 minutes less than Jared reading last week. Jared spent 45 minutes less than Pete. Pete spent 3 hours reading
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!