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
nydimaria [60]
3 years ago
9

Find the balance in the account after the given period. ​$2000 principal earning 6​% compounded​ annually, for 8 years. The bala

nce after 8 years will be ​$__?
Mathematics
2 answers:
Harman [31]3 years ago
8 0
Do 2000 divided by 8 than divided that by 6%
Alja [10]3 years ago
4 0
For this case we use the following formula:
 P (t) = P (1 + r / n) ^ (n * t)
 Substituting values we have:
 P (8) = 2000 * (1 + 0.06 / 1) ^ (1 * 8)
 P (8) = 3187.696149
 Rounding off we have:
 P (8) = 3187.7 $
 Answer:
 
The balance after 8 years will be $ 3187.7
You might be interested in
What is 3/18 and 12/20 simplified
grin007 [14]
3/18= 1/6

12/20= 3/5
5 0
3 years ago
Read 2 more answers
Jay on started off his penny collection with 1 penny. He then adds 5 pennies to his collection each day. How could you change th
nata0808 [166]

Answer:

By doubling each day

Step-by-step explanation:

Jay is increasing  daily a fixed amount of pennies to his collection.  That's an arithmetic series, because to obtain the next term you have to do an addition.

To get a geometric series or progression you have to find the next term through multiplication.

So, if he wants to convert his series into a geometric series, he'd have to double his contribution to his collection each day (as an example).

4 0
3 years ago
Find the equivalent fraction for 10/20
dezoksy [38]
\frac{10}{20} =  \frac{ \frac{10}{10} }{ \frac{20}{10} } =  \frac{1}{2}
6 0
3 years ago
Solve the following equation 2/3x+6=1/2x+1/4x
Vanyuwa [196]

Answer:

x= 72

Step-by-step explanation:

combine the Xs on one side and then make the denominators the same and solve

8/12X +6 = 3/4X

sub 6 on both sides

then sub 3/4 (aka. 9/12)

-1/12X= -6

multiply by reciprocal (the fraction flip-flopped)(-12) on both sides

and you get 72

4 0
3 years ago
3 ten thousand + 14 tens + 16 ones
zzz [600]
30,1416 I'm pretty sure this is the answer
8 0
4 years ago
Read 2 more answers
Other questions:
  • Orange juice is a common breakfast drink that contains citric acid. If the hydronium ion concentration is 3.4 × 10-4 in orange j
    9·1 answer
  • The point T (-3,-3) is translated 5 units right and 9 units up. What are the coordinates of the resulting point T?
    5·2 answers
  • Alexandra has some dimes and some quarters. She has no more than 21 coins worth a minimum of $3.75 combined. If Alexandra has 4
    9·1 answer
  • How to estimate 5/11+4/99
    10·1 answer
  • Five standard six-sided dice are rolled. What is the probability that at least three of them show a 6?
    7·1 answer
  • Which answers are equal to the expression below? Check all that apply
    13·1 answer
  • a family is staying in a hotel and the total bill for 4 nights is $400. there is a one-time $60 tax fee. what was the nightly ra
    5·1 answer
  • Please help :DDDDDDD
    9·1 answer
  • Henry wants to buy a coat that has an original price of $125. During an upcoming sale, the price of the coat will be reduced by
    11·1 answer
  • Find the missing side for each triangle below
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!