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Luden [163]
3 years ago
12

Nina opened a savings account and deposited $300.00. The account earns 4% interest, compounded monthly. If she wants to use the

money to buy a new bicycle in 3 years, how much will she be able to spend on the bike?
Mathematics
2 answers:
Alexeev081 [22]3 years ago
6 0
Turn 4% into a decimal by dividing it by 100
4/100=0.04
0.04times300=$12 in interest
12months times 3yrs=36 months
36times$12=$432

nina will be able to spend $432 on the bike
mylen [45]3 years ago
5 0

Answer:

up to $338.18

Step-by-step explanation:

Use the compound amount formula:

A = P(1 + r/n)^(n*t), where r is the interest rate as a decimal fraction and n is the number of compounding periods per year.

Here, A = $300(1 + 0.04/12)^(12*3), or

          A = $300(1.0033333)^*36, or

          A = $300(1.127) = $338.18

Nina will be able to spend up to $338.18 on a new bike.

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Answer:

There are 2 cups in a pint is correct

8 0
3 years ago
For every 45 vehicles up past 15 are many vans so how many minivans would pass if there were 60 vehicles
Colt1911 [192]
The case is about proportional relatioship so to slove it you have to do this.
45(V)       ?
____  x  ____
60(V)      15

45*15=675
60*?=60
675 DIVIDE BY 60=11.25
so the answer is 11.25
hope it help you
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:)
7 0
3 years ago
Which statement is true?
sweet-ann [11.9K]

Answer:

D

Step-by-step explanation:

so by process of elimination it can’t be A as it is a 7hr journey

B is also incorrect as she travels 50mph not an additional 50miles per hour (50m in hour one then 100m in hour 2 )

C is also incorrect as she travels 50 miles in ann hour not in 6

D is correct as she has travelled 200 miles


3 0
3 years ago
What is y equals negative three fourths plus two equal
Crazy boy [7]
Y = -3/4 + 2

y = 1 1/4


7 0
3 years ago
HURRY. NEED To be done by 10:30
Zepler [3.9K]

Answer:

B) $822

Step-by-step explanation:

The total amount of money she spent can be found by adding her expenses:

312 + 287 + 112 + 111

Once added you get the total amount of:

$822

7 0
3 years ago
Read 2 more answers
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