All categories

2 years ago

If you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in your account after 5 years?

Mathematics

1 answer:

Luba_88 [7]2 years ago

4 0

Interest formula: A=P(1 + r)^t
A = 10000(1 + 0.1)^5
A = 10000(1.01)^5
A = 10000(1.0510100501)
A = $10,510.10

You might be interested in

DUE IN 5 MINUTES MATH QUESTION

kumpel [21]

Answer:

x= -10

Step-by-step explanation:

So because the angle 55 is part of the same line as one of the unknown angles you can do 180-55 to find that first angle at the top, which is 125.

Next add all three angles (125 + x + 35 + x + 40)=180

Combine the x values to get 2x and subtract the three values from 180

Then 2x= -20, x should be equal to -10

You can plug x back into the values and check your work by adding all the values again, making it all equal to 180 degrees again

4 0

2 years ago

A set of electric toothbrush prices are normally distributed with a mean of 87 dollars and a standard deviation of

Studentka2010 [4]

Answer:

The proportion of electric toothbrush prices are between 104.60 dollars and 108.20 dollars is 0.0099

Step-by-step explanation:

A set of electric toothbrush prices are normally distributed with a mean of 87 dollars and a standard deviation of 8 dollars.

$Mean = \mu = 87$

Standard deviation = $\sigma = 8$

We are supposed to find proportion of electric toothbrush prices are between 104.60 dollars and 108.20 dollars i.e.P(104.60<x<108.20)

$Z=\frac{x-\mu}{\sigma}$

At x = 104.60

$Z=\frac{104.60-87}{8}$

Z= 2.2

At x=108.20

$Z=\frac{108.20-87}{8}$

Z= 2.65

Refer the z table for p value :

P(x<108.20)-P(x<104.60)=P(Z<2.65)-P(Z<2.2)=0.9960-0.9861=0.0099

Hence The proportion of electric toothbrush prices are between 104.60 dollars and 108.20 dollars is 0.0099

4 0

2 years ago

What is 12% of 79 ??

Rus_ich [418]

12% Of 79 Would be 9.48. Hope this helped :)

8 0

2 years ago

Read 2 more answers

HELP ME I NEED HELP!!!!

eduard

Answer:

Step-by-step explanation:

Since they are the same variables

7 0

2 years ago

What is the slope-intercept form of the line with the point (0, 3) and a slope = -2?

adelina 88 [10]

Answer:

2nd choice OC.y=-2x+3

Step-by-step explanation:

The equation for the slope-intercept form is y=mx+b, where m is the slope and b is the y-intercept. With these two numbers both given to us, we can just plug them in and get y=-2x+3.

Hope this helps you

4 0

2 years ago