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
Butoxors [25]
3 years ago
10

Calculate annually compounded interest

Mathematics
1 answer:
Hunter-Best [27]3 years ago
3 0

Answer:

$2,851.80

Step-by-step explanation:

Lets use the compound interest formula to solve:

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

<em>P = initial balance</em>

<em>r = interest rate (decimal)</em>

<em>n = number of times compounded annually</em>

<em>t = time</em>

First, change 1.1% into a decimal:

1.1% -> \frac{1.1}{100} -> 0.011

Next, plug the values into the equation:

A=2,700(1+\frac{0.011}{1})^{1(5)}

A=2,851.80

She will have $2,851.80 after 5 years.

You might be interested in
7(2 + 6 – 4d) = pl help me I don’t get it
Svetach [21]

Answer:

Step-by-step explanation:

1. 1 Simplify  2+6-4d to  -4d+8.

7 ( -4d + 8)

therefor, the answer is, 7( -4d + 8)

7 0
3 years ago
Read 2 more answers
What is the poinet-slope form of the equation for the line in the graph?​
Ne4ueva [31]

Answer:

y -5 = \frac{9}{13}(x - 7)

Step-by-step explanation:

Given :

Two points are given in graph (-6, -4) and {7, 5).

The point-slope form of the equation of a straight line is:

y -y_{1} = m(x - x_{1})------------(1)

Let (x_{1}, y_{1})=(7,5) and (x_{2}, y_{2})=(-6,-4)

The slope of the line m=\frac{y_{2}- y_{1}}{x_{2}- x_{1}}

Put all known value in above equation.

m=\frac{-4- 5}{-6- 7}

m=\frac{-9}{-13}

m=\frac{9}{13}

The slope of the line m=\frac{9}{13}

We know m, and also know that (x_{1}, y_{1})=(7,5), so we put these value in equation 1.

y -5 = \frac{9}{13}(x - 7)

Therefore, the equation of the line is y -5 = \frac{9}{13}(x - 7).

6 0
3 years ago
Find the distance between each pair points (-5,3) , (-4,-5)?
tester [92]

The distance formula is d=√(x2-x1)² + (y2-y1)²

So... d =8.06226

Hope this helps

7 0
3 years ago
48 books on 6 shelves. How many books on 12 shelves?
vitfil [10]
96 books because if you multiply by 2 that’s double of what the first answer was
5 0
3 years ago
Read 2 more answers
What is the value of 35 To the second power
creativ13 [48]
1225.
It is also called 35 squared. It is 35X35
The power is how many times you multiply the number by itself. 
6 0
3 years ago
Read 2 more answers
Other questions:
  • Isabelle bought a new mountain bike for $1,149.79. She will finish paying for the bike after 6 months. Each month, she will pay
    15·2 answers
  • The ratio of boys and girls in homeroom is 2:3. if there is 8 boys how many girls are they
    12·1 answer
  • A worker at a mill is loading 5-lb bags of flour into boxes to deliver to a local warehouse. Each box holds 8 bags of flour. If
    11·1 answer
  • Please help with 1-9 or as many as you can..
    6·1 answer
  • Is 0.085 greater or lesser than 85 thousandths
    14·2 answers
  • The original price of a bicycle is $129. The sale price is 80% of the original price. What is the sale price of the bicycle?
    7·2 answers
  • ⣼⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⣿⢻⣿⣿⢻⣿⣿⣿⣿⢻⣿⣿⢻⣿⣿⠀⠀⠀⠀
    14·2 answers
  • Find the area of each figure. Round to the nearest hundredth if needed.
    7·1 answer
  • Hector must complete 40 community service hours in order to graduate from the eighth grade. So far, he has completed 1/5 of his
    11·2 answers
  • The largest doll is 7 inches tall. Each of the other dolls is 1 inch shorter than the next larger doll. Complete the table that
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!