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Lana71 [14]
3 years ago
5

Perry Deposited 8,250 into a savings account 13 years ago. The account has an interest rate of 4.7% and then balance is currentl

y 14,988.59. how often does the interest compound?
daily
monthly
quarterly
annually
Mathematics
2 answers:
Alex73 [517]3 years ago
5 0
Instead of dividing it would be annually but if your multiplying then it would br monthly.  
Margaret [11]3 years ago
4 0

Perry deposited $8,250 into a savings account 13 years ago. The account has an interest rate of 4.7% and the balance is currently $14,988.59.

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Using the slope concept, it is found that the distance from point A to point B is of 465 feet.

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

The slope is given by the vertical change divided by the horizontal change, and it's also the tangent of the angle of depression.

To find the horizontal position at point A, we have that:

tan(10º) = 107/dA

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For the horizontal position at point B, we have that:

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6 0
1 year ago
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Answer:

the interest is 960.

Step-by-step explanation:

the formula: I=prt    i=interest p= pricipal [the money you start with]

r= rate t= time

I=?                                                     I= 800 (0.02) (10)

P= $800                                           I= 160+ 800 {because $160 is added}

R= 2% --> 0.02 [as a decimal]         I= $960

T= 10 years

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