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RoseWind [281]
2 years ago
8

Suppose your friend's parents invest $20000 in an account paying 7% compounded annually. What will the balance be in 7 years

Mathematics
2 answers:
Greeley [361]2 years ago
3 0
The balance will be: <span>$500,637.91



</span>
CaHeK987 [17]2 years ago
3 0
The formula for compound interest is:

I = P(1 +  \frac{r}{n} ) ^{nt}

Where P is the amount you start with, r is the rate, t is the time, and n is the number of times the interest is calculated per year. So for you, this would look like:

I = 20000(1 +  \frac{0.05}{1}) ^{1*7}

Hope it helps!
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What is the largest two-digit number that is a multiple of 5 and 10 at the same time?
alexandr402 [8]

Answer:

90

Step-by-step explanation:

90/10= 9

90/5= 18

No number larger than 90 would work.

5 0
2 years ago
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Mazyrski [523]
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3 0
2 years ago
The figure is made up of a semicircle and a triangle. Find the perimeter. Round your answer to the nearest hundredth.
grandymaker [24]
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3 0
3 years ago
Find point G on AB such that the ratio of AG to GB is 3:2.
lora16 [44]

Using proportions, the coordinates of point G are given as follows:

(1.8, 1.6).

<h3>What is a proportion?</h3>

A proportion is a fraction of a total amount, and the measures are related using a rule of three. Due to this, relations between variables, either direct(when both increase or both decrease) or inverse proportional(when one increases and the other decreases, or vice versa), can be built to find the desired measures in the problem, or equations to find these measures.

The points A and B are given as follows:

A(-3, 4) and B(5,0).

For this problem, we have that the ratio of AG to GB is 3:2, hence:

AG = 3/5AB

G - A = 3/5(B - A).

The x-coordinate of G is found as follows:

x + 3 = 3/5(5 + 3)

x + 3 = 4.8

x = 1.8.

The y-coordinate of G is found as follows:

y - 4 = 3/5(0 - 4)

y - 4 = -2.4

y = 1.6.

Hence the coordinates of point G are given as follows:

(1.8, 1.6).

More can be learned about proportions at brainly.com/question/24372153

#SPJ1

5 0
1 year ago
Explain how the sum and difference formula cos(A+/- B) = cosA cosB -/+ sinA sinB could be useful?
serg [7]
One way it's useful is in the application of phasors in physics. Phasors require you to add up vectors of two different angles, so the cosine angle addition formula can be used if you already know the cosine and sine of the original vector angles.
6 0
2 years ago
Read 2 more answers
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