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
ANTONII [103]
2 years ago
15

A person invests 10000 dollars in a bank. The bank pays 4.5% interest compounded

Mathematics
1 answer:
Greeley [361]2 years ago
7 0

The person would have to leave the money in the bank for 7.8 years for it to reach 13,500 dollars.

Step-by-step explanation:

Step 1; First we must calculate how much interest is generated for a single year. The annual interest rate is 4.5% i.e. 4.5% of 10,000 dollars which equals 0.045 × 10,000 = 450 dollars a year. As the years pass, more and more will be put into the account due to interest.

Step 2; For there to be 13,500 dollars in the bank account we need to calculate how much money is added due to interest.

The money needed to be added through interest = 13,500 - 10,000 = 3,500 dollars.

So we need to determine how long it will take for the bank to add 3,500 dollars by adding 450 dollars a year.

The number of years to reach 13,500 dollars = \frac{3,500}{450} = 7.777 years. By rounding this value to the nearest tenth, we get 7.8 years.

You might be interested in
Write an expression for 621 less d
MaRussiya [10]
D - 621 is the answer
3 0
3 years ago
Last question was wrong. Line l and line m are straight lines. What is the measure of angle y?
mafiozo [28]

y+43°= 180°( straight angle)

=>y= 180°-43°

=>y=137°

7 0
2 years ago
Read 2 more answers
Here is the histogram of a data distribution. All class widths are 1.
stich3 [128]

The median of the data is 5 if the all class widths are 1, option (C) is correct.

<h3>What is the median?</h3>

A median is a middle number in a series of numbers that have been arranged to lift, and it might be more informative of the set of data than the average. When there are extremes in the sequences that might affect the average of the numbers, the median is sometimes employed instead of the mean.

In the histogram, 15 data values are given:

1, 2, 2, 3, 3, 3, 4, 5, 6, 6, 7, 7, 7, 8, 9

The mid-value is 5 which is on the 8th place

Thus, the median of the data is 5 if the all class widths are 1, option (C) is correct.

Learn more about the median here:

brainly.com/question/21396105

#SPJ1

8 0
1 year ago
PLEASE HELP ME I AM FAILING. I WILL GIVE BRAINLIEST
den301095 [7]

Answer:

3.

equation = \sqrt{7^2 + 12^2 } = c

Using:

\sqrt{a^2 + b^2 } = c or a^2 + b^2 = c^2 or

7^2 + 12^2 = c^2

49 + 144 = c^2

c^2 = 193

missing length = 13.9 inches

4. equation = \sqrt{24^2 + 32^2} = c

Using:

\sqrt{a^2 + b^2 } = c or a^2 + b^2 = c^2

24^2 + 32^2 = c^2

reduce to:

8 multiplied by everything:

3^2 + 4^2 = c^2

Since we know 3,4,5 is a Pythagorean triple, we can use this to find c.

Since c must be 5, we multiply by 8 since we divided by 8 earlier to get the 3,4,5 and get 40.

missing length = 40 inches

3 0
2 years ago
i am a number less than 3,000. when you divide me by 32,my remainder is 30. when you divide me by 58,my remainder is 44. what nu
Marat540 [252]
32(24)+30=58(13)+44=798

I am 798
3 0
3 years ago
Other questions:
  • Answer all 4 please
    13·1 answer
  • Tom is trying to write 2 3/47 as a decimal
    7·1 answer
  • Need help,please and thank you
    6·1 answer
  • -2(3h-1)=5(2h-3) has how many solutions are there
    11·1 answer
  • Describe how you would factor x^2 + 10x - 24. Be specific.
    6·1 answer
  • Qual o resultado de <br> 3842-269
    7·1 answer
  • Out of numbers: 5, 7, 21, 25, 28, 35, 42, 56, 75, and 80, choose those which are not factors of 42
    5·2 answers
  • A commuter train travels 45 miles in 34 minutes. What is its speed in miles per hour?
    7·1 answer
  • Marco randomly pulled a marble out of a bag then returned the marble to the bag. He did this 10 times. Three times the marble wa
    6·1 answer
  • What is franks commission if he sales $12,500 of an item and his commission rate is 8.5%
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!