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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>
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3 years ago
HELP!!! i am stuck here
irina1246 [14]

Answer:

<em>2.5 hours</em>

<u>Skills needed: Speed, distance, time problems</u>

Step-by-step explanation:

1) We are given speed and distance, and have to find out the the time (in hours).

- In terms of units, everything is matched up (Since distance and speed use kilometers, and speed and time use hours).

- Time is always the distance you travelled (how far) divided by how fast you travelled (the rate/speed)

---> We can use the formula for time: t=\frac{d}r

t= time

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r=rate/speed

2) Now, let's plug in for distance and rate.

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2.5 hours is the answer.

4 0
3 years ago
Which pair shows equivalent expressions?
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3 years ago
What would x equal? Please help
lakkis [162]

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3 years ago
JKLM is a rhombus. KM is 6 and JL is 8. Find the perimeter of the rhombus. image of rhombus JKLM with diagonals JL and KM inters
VLD [36.1K]
If a quadrilateral is a rhombus then:

i) all its sides have equal length,

and

ii) the 2 diagonals are perpendicular and bisect each other.


The 2 diagonals of rhombus JKLM intersect at N.

Then m(MNJ)=90°,  |JN|=4 and |NM|=3 units

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|MJ|= \sqrt{ 3^{2} + 4^{2} }= \sqrt{9+16}= \sqrt{25}=5

The perimeter of the rhombus is 4*5 units=20 units.


Answer: 20 units 

4 0
3 years ago
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