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
A pencil box in the shape of a rectangular prism measures 3 inches by 4 inches by 12 inches. What is the length of the longest p
stepan [7]

Answer:

(square root of 160)in

Step-by-step explanation:

the longest 2 sides are 4 and 12

4^2 + 12^2 = c^2

16+144=c^2

160=c^2

c = square root of 160

4 0
3 years ago
You play a game on your phone. For every correct move you make, you receive 50 points. For every second that it takes you to com
swat32
50*25= 1250
2mins 15seconds= 135 seconds
135*3= 405

1250-405 = 845

Your score is 845
8 0
3 years ago
Carl is wondering if the train he is riding home from school will leave early, on time, or late. The probabilities are as follow
Slav-nsk [51]

Answer:

Probability of each situation is 1/3 .

Step-by-step explanation:

There are 3 possibilities

1- Train will arrive early

2- Train will arrive on time

3- Train will arrive late

Formula for Probability  of event a is = n(a)/Sum of events

In this case sum of events = 3

So

Probability of early arrival = 1/3

Probability of on time arrival = 1/3

Probability of late arrival = 1/3

5 0
3 years ago
Read 2 more answers
Please help! Answers only please! Thx!
Butoxors [25]

Answer:

2 cups

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
The width of a vegetable garden is
sukhopar [10]

Answer: So, the length (L) = 7 3/4 ft = 31/4 (as an improper fraction)

 

the width (W)  = (1/3)xL

 

So the width = 1/3 x (31/4) =

31/12 = 2  7/12 feet

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
Other questions:
  • Four numbers from the set 0 to 9, including 0 and 9, are used to create a personal identification number. Once a number is used,
    9·1 answer
  • Find the area of the circle. Round to the nearest tenth. Use 3.14 for π.
    9·1 answer
  • Olaf has 250 files on an external hard drive. Of those files, 12% are photos.
    14·1 answer
  • What is the GCF of 120, 36
    12·2 answers
  • What is the area of this figure?
    8·1 answer
  • Is the pq in 7pq a variable,constant or coefficient
    13·1 answer
  • A line passes through the points (7, 10) and (7, 20). Which statement is true about the line?
    13·2 answers
  • Find the slope of the line that passes through the points (-2, 4) and (-5, -6).
    12·1 answer
  • What is 721 devided by 7 and how do you solve it I need to know ASAP thanks
    6·2 answers
  • I WILL GIVE YOU 58 POINTS!!!!!!!!!
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!