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
stiv31 [10]
3 years ago
12

total amount = P (1 + i)t What is the total amount that First Consumer Bank will receive after lending Jane $7,000 for three yea

rs at an interest rate of 5 percent, compounded annually? A. $8,103.38 B. $8,114.92 C. $8,358.37
Mathematics
1 answer:
Mazyrski [523]3 years ago
8 0

F = final amount = unknown

P = 7000 is the principal (amount loaned)

i = 0.05 is the decimal form of 5% interest rate

t = 3 years go by

Plug those three values into the formula below and simplify

F = P*(1+i)^t

F = 7000*(1+0.05)^3

F = 7000*(1.05)^3

F = 7000*(1.157625)

F = 8103.375

F = 8103.38

<h3>Answer: Choice A) $8,103.38</h3>
You might be interested in
Chris sharpened 3 boxes of pencils. There are 12 pencils in each box. 7 pencils broke. How many sharpened pencils does Chris now
tester [92]
 there would be 29 pencils left because 3 * 12 is 36 minus 7 is 29
3 0
3 years ago
Read 2 more answers
the tangent of theta is 1, the terminal side of theta lies in the 3rd quadrant. what is a possible value for theta? give your an
riadik2000 [5.3K]

Answer:

5π/4 radians or 225°

Step-by-step explanation:

5 0
3 years ago
This is a popular type of problem that appeared in mathematics textbooks in the 1970s and 1980s. can you find the answer? the su
kondaur [170]
A digit is a number in one of the places, so for example the number 54 has two digits; a tens place digit (5) and a ones place digit (4).

Say the mystery number is a two digit number = xy
* that's not x times y but two side by side digits.

Info given:
<span>the sum of the digits of a two-digit number is 6
x + y = 6 </span>
<span>if the digits are reversed, yx the difference between the new number and the original number is 18.

**To obtain the number from digits you must multiply by the place and add the digits up. (Example: 54 = 10(5) + 1(4))

Original number = 10x + y
Reversed/New number = 10y + x

Difference:
10y + x - (10x + y) = 18
9y - 9x = 18
9(y - x) = 18
y - x = 18/9
y - x = 2

Now we have two equations in two variables
</span>y - x = 2
<span>x + y = 6

Re-write one in terms of one variable for substitution.
y = 2 + x
sub in to the other equation to combine them.
x + (2 + x) = 6
2x + 2 = 6
2x = 6 - 2
2x = 4
x = 2

That's the tens digit for the original number. Plug this value into either of the equations to obtain y, the ones digit.

2 + y = 6
y = 4

number "xy" = 24

</span>
4 0
3 years ago
If y=10 and d=126, then what is the value of z?
juin [17]

Answer:26

Step-by-step explanation:

85*2=170

170+64+x=360

234+x=360

x=126

3 0
3 years ago
HELP!! please explain how you got the answer too.
nydimaria [60]

Answer:

Point H does lie on the graph y = 4.6x - 7

Step-by-step explanation:

Step 1: Define

y = 4.6x - 7

H(0, -7)

Step 2: Substitute, Evaluate, and Check

-7 = 4.6(0) - 7

-7 = 0 - 7

-7 = -7

4 0
3 years ago
Read 2 more answers
Other questions:
  • An urn contains 3 green balls, 2 blue balls, and 4 red balls. in a random sample of 5 balls, find the probability that at least
    15·1 answer
  • Matthew threw 55 pitches in a baseball game. Of those pitches, 4/5 were strikes.
    12·1 answer
  • If angle ABC = 145º and angle DBC = 113°, find angle ABD
    11·1 answer
  • If the function m(x) has the point (5,2) on its graph name a point that would be on the function m(5x).
    11·1 answer
  • Find the circumference
    11·1 answer
  • Isabella wants to put a fence around her pumpkin patch.
    8·1 answer
  • 6.-Un submarino está 32 metros bajo el nivel del mar y un avión a 18
    7·1 answer
  • the diagram below shows the tile border shown in gray that surrounds a kiddie pool how many square feet does the tile border cov
    6·1 answer
  • Mahni plans to spend the next 12 weeks saving some of her income. She will save $x a week for the first 6 weeks and then $(2x −
    9·1 answer
  • Oooo THAT OCH IN CASE A8 20 3
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!