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
____ [38]
3 years ago
10

A principal of $3500 is invested at 7.5% interest, compounded annually. How much will the investment be worth after 13 years? Us

e the calculator provided and round your answer to the nearest dollar.
Mathematics
1 answer:
Anna71 [15]3 years ago
7 0
The equation is for when you compound annually is
A=P(1+r)^t

A=future amount
P=initial amount or principal
r=interest rate in decimal form
t=time in years



so
A=A
P=3500
r=7.5%=0.075
t=13

A=3500(1+0.075)^{13}
A=3500(1.075)^{13}
use your calculator
A=8961.4457
round to nearest dollar
A=$8961

that's how much the investment will be worth after 13 years
You might be interested in
Omggg plzzz helpp this shiiii hard!!!
yarga [219]
Hey I did it b4 uwheieebsuhavshchwb
7 0
2 years ago
Read 2 more answers
An integer is between -4 and -19. It is twice as far from -4 as it is from -19. What is the integer? SHOW ALL YOUR STEPS**
ohaa [14]

Answer:

-12

Step-by-step explanation:

use a number line go back 8 spaces from 19 and back from negative 4

5 0
3 years ago
Read 2 more answers
Fast and all the answer right I give the person Brainliest
Darina [25.2K]

Answer:

Translation of shapes

Reflection of shapes

6 0
3 years ago
Express the following in p/q form, where p and q are integers and q is not equal to 0.
Wewaii [24]
(I)1.272727... = 14/11
(II)0.1282828...= 127/990

(The solution is in the picture
NB : the two points on the two numbers in the solution means those two numbers are recurring or repeating )

5 0
2 years ago
What is the correct method of solving the equation x/3-6=9 for x?
AveGali [126]

Answer: The value of x is 45

Step-by-step explanation:

The equation x/3-6=9 is a linear equation, where x/3 is the same as one-third of x.

Thus it is easily simplified as such:

x/3-6=9

Collect like terms

x/3 = 9 + 6

x/3 = 15

i.e (1/3) of X = 15

To get the value of x, cross multiply

x = 3 x 15

x = 45

Thus, the value of x is 45

6 0
3 years ago
Other questions:
  • Can someone help me with variable expressions
    11·1 answer
  • What is the 1st term when -5z^2+7z^4+11z-8z^3 is arranges in descending order
    13·2 answers
  • The length of a rectangle is 4 m more than the width the area of the rectangle is 45m^2 find the length and width
    13·1 answer
  • Is (–3, 6) a solution to this system of equations?<br><br> 10x − 5y = 16<br> x + y = 3
    14·1 answer
  • What’s the equation for four times the difference of a number and 7 is 12
    11·1 answer
  • How can you use regrouping to solve the equation 32-5 =
    15·2 answers
  • -x+y=1<br> -6x+3y=-12<br> Solve
    8·1 answer
  • What is Olun 1<br><img src="https://tex.z-dn.net/?f=%20%5Cfrac%7B5%7D%7B6%7D%20-%20%20%5Cfrac%7B1%7D%7B4%20%7D%20%20" id="TexFor
    8·1 answer
  • What property is the problem
    14·2 answers
  • 5 times the sun of a number and 1
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!