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MrMuchimi
3 years ago
8

Josie opened a retirement account with 1.99% APR in 2000. her initial deposit was $32,500. How much will the account be worth in

2025 if interest compounds monthly? how much more would she make if interest compounded continuously? round to nearest cent
Mathematics
1 answer:
weeeeeb [17]3 years ago
8 0
$53,567 would only really be your answer
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Jessica opened a bank account that earns 2 percent interest compounded annually. Her initial deposit was $100, and she uses the
klasskru [66]

Answer:

x = 1.02.

Step-by-step explanation:

The x is a factor worked out from  the annual interest  written as a decimal fraction.

So we have  2% = 2/100 = 0.02.

The amount at the end of the first year is $100 + 0.02*100

= $100* 1.02,  and in  the second year it will be $100* 1.02^t  where t = 2 and so on.

So we see that x in the given expression is 1.02.

5 0
3 years ago
Evaluate the expression for the given values.<br> 12x+5y/3z, where x + 1/2, y = 6 and z = 3
Semmy [17]

Answer:

4

Step-by-step explanation:

Substitute: \frac{\frac{12}{2} +5*6}{3*3}

Cross out the common factor: \frac{6+5*6}{3*3}

Calculate the product or quotient: \frac{6 +30}{3*3}

Calculate the product or quotient: \frac{6+30}{9}

Calculate the sum or difference: \frac{36}{9}

Cross out the common factor: 4

Answer: 4

6 0
3 years ago
Read 2 more answers
Choose the ratio that is equivalent to this one: 9/10<br><br> A) 30/27<br> B) 27/30<br> C) 27/29
Licemer1 [7]

Answer: B

Step-by-step explanation: if you divide 27/30 by 3 you get 9/10

4 0
3 years ago
Read 2 more answers
Please help im really confused :(​
pantera1 [17]

Answer:

a) π

b) 33.4

Step-by-step explanation:

C = πd

1) substitute 105 for C: 105 = πd

2) plug in approximate value of 3.14 for π: 105 = (3.14) d

3) isolate to solve for d: 105/3.14 = d

4) simplify: 105/3.14 ≈ 33.4

5 0
3 years ago
Declan has n baseball cards. Sam has 4 times as many baseball cards as Declan. Amaya has 7 fewer baseball cards than Sam. Which
marishachu [46]
Answer: 4n -7

Sam has 4 times than Declan so it would 4n. Amaya has fewer so then you would add the -7 and the equation you get is 4n - 7.
4 0
3 years ago
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