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
RoseWind [281]
3 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]3 years ago
3 0
The balance will be: <span>$500,637.91



</span>
CaHeK987 [17]3 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!
You might be interested in
What two patterns is in the table show
serg [7]

Answer:

X= 25, the second one is 22, the third one is 19

y=20, the second one is 17, the thirst one is 12

The terms in patten y is 5 less than the terms in pattern x

Step-by-step explanation:

3 0
3 years ago
5. During the season, the Rangers played 25 games. They won 14 of the games.
sertanlavr [38]
Answer is 11/25 games lost which is 44%.

Step by step. 25 games minus 14 they won equals 11 games lost out of 25.

11 out of 25 = 11/25.

11/25 as a % - 11 divided by 25 = .44 which is 44%.

Check your work, 44% of 25 games = 11 games lost.
Problem solved.
6 0
2 years ago
On Saturday, Quentin will earn $15 more than 2 times the amount of money he earned on Friday. If Quentin earned d
Licemer1 [7]
Your anwser will be (A) - 2d+15
6 0
3 years ago
01: Which gives the correct order of steps needed to multiply the problem below? 83 X 39 O Multiply the ones. 8 times 39 is 312.
Burka [1]

Answer:

Multiply the ones. 9 times 83 is 747. Multiply the tens. 30 times 83 is 2,490. Add the products to get 3,237.

The rest of the question:

Which gives the correct order of steps needed to multiply the problem below?   "83x39 "

The steps to multiply  83x39

1) multiply the ones 9 times 83 = 9 times 3 + 9 times 80 = 27 + 720 = 747

2) multiply the tens 30 times 83 = 30 times 3 + 30 times 80 = 90 + 2400 = 2490

3) add 747 and 2490 = 747 + 2490 = 3,237

According to the previous steps, the answer is option 3

Multiply the ones. 9 times 83 is 747. Multiply the tens. 30 times 83 is 2,490. Add the products to get 3,237.

6 0
4 years ago
Read 2 more answers
Which is a characteristic of centrifugal acceleration
goldfiish [28.3K]

Answer: Centripetal acceleration is the idea that any object moving in a circle will have an acceleration vector pointed towards the center of that circle. Centripetal means towards the center. Even an object moving at a constant speed around a circle won't have a constant velocity.

6 0
3 years ago
Other questions:
  • In how many ways can 4 boys and 4 girls sit around a circle table if each boy sits directly between two girls? (rotations of the
    7·1 answer
  • If the endpoints of the diameter of a circle are (−14, 4) and (−2, 0), what is the standard form equation of the circle? a) (x −
    9·2 answers
  • Use the graph to state the solution for the system.
    11·1 answer
  • A banner has a length of 10 feet and an area of 7 square feet. What is the width of the banner?
    10·1 answer
  • What two-digit numbers greater than 69 are divisible by 2 and 11?
    5·1 answer
  • PLZ HELP only got 30 minutes left will brainliest. What is the rate of change of the function? –2 --1/2 1/2 2
    7·2 answers
  • 1⁄7 + 1⁄2 + 3⁄4 =jjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj
    12·1 answer
  • What is the area, in square units, of the parallelogram shown below? A parallelogram ABCD is shown with height 7 units and base
    5·2 answers
  • HELP ME NO ONE WANTS TO HELP MEEE
    8·1 answer
  • If f(x) = 14<br> then what does f(-3) equal?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!