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
Nataly [62]
3 years ago
14

You put $939 into an investment at 8% for six years. What will the balance be at the end of six years?

Mathematics
2 answers:
nata0808 [166]3 years ago
8 0

Answer:

$1490.074

Step-by-step explanation:

Hello

Well, the formula for determining the final capital is as follows: CF = CI (1 + i) ^ n where CF is the final capital, CI is the initial capital, i is the interest rates and n is the term or number of periods

Cf=Ci(1+i)^{n}

step 1

we need to convert the 8% to decimal

8%= 8/100 = 0.08

Step 2

replace

Cf=Ci(1+i)^{n}\\Cf=939(1+0.08)^{6}\\Cf=939(1.08^{6})\\Cf=939(1.5868)\\Cf=1490.074

Cf= $1490.074

final balance  $1490.074

have a great day.

Afina-wow [57]3 years ago
7 0
At simple interest it will be 939+939×6×0.08=$1389.72.
You might be interested in
There are s swimmers in the swimming club. The club bought 15 swimming caps to split among its members. Write an expression that
vivado [14]

Answer:

15/s

Step-by-step explanation:

15 caps ÷ s = 15/s caps per swimmer

6 0
3 years ago
Which ordered pair is a solution to the system of inequalities?<br> y&gt;−2 and x+y≤4
Kamila [148]

Answer:-2,-3

Step-by-step explanation:

8 0
2 years ago
Read 2 more answers
While testing a new vaccine, a lab technician noticed that the number of bacteria reduced by half every minute. How long does it
son4ous [18]
To start, find your equation, n=3000(.5)^t, n being your number of bacteria and t being your time. Now plug in 375 for n and solve for t, 375=3000(.5)^t, .125=.5^t, t=log_{.5} .125=3. This means your answer is 3 minutes. To check it, plug it into your equation. n=3000(.5)^t=3000(.125)=375
5 0
3 years ago
Helphelphelphelphelp​
VashaNatasha [74]
<h3>5:16</h3>

The ratio is supposed to be pennies to total amount of coins. The total amount of coins--including pennies--is 16. This can be proven by this equation:

5 + 6 + 5 = 16

Now you put the ratio together by taking the amount of pennies (5) and total amount of coins (16). Your ratio should look like this:

5:16

Hope I helped you out! ❤❤

4 0
3 years ago
How do i calculate a final grade if the course is 80 percent and the final exam is 20 percent
ANEK [815]

I think its like if you got 80% on a quiz and 20% on the exam then your grade would be 60% which is usually a F

7 0
3 years ago
Other questions:
  • Circle A has a radius of 6. Which circles
    6·1 answer
  • If the supply of computer engineers increases at the same time that the demand for these workers decreases, what would be the MO
    10·2 answers
  • Attend to precision. Mimi says that the 16 is 4.<br> Is Mimi correct? Explain.
    11·1 answer
  • Which unit rate is higher 24 for 5 or 5 for 24
    12·1 answer
  • <img src="https://tex.z-dn.net/?f=x%5E%7B2%7D-5x-24%3D0" id="TexFormula1" title="x^{2}-5x-24=0" alt="x^{2}-5x-24=0" align="absmi
    11·1 answer
  • Find y. (leave answer in simplest radical form) *
    12·1 answer
  • If a windmill with radius 26 feet makes 12 full revolutions every 1 minute, what is its linear speed?
    15·1 answer
  • Find one solution for the equation. Assume that all angles involved are acute angles.
    6·1 answer
  • Rico paid $180 sales tax on his new $2,400 motorcycle. What was the sales tax percentage rate where he bought his motorcycle?
    6·1 answer
  • HELP PLEASE!! i need help finding the mean!!!!
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!