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
aleksley [76]
3 years ago
5

A savings account earns 7.2 (APR) compounded monthly, so it earns 0.6% each month. Cooper has $1500 in the account now. if he de

posits an additional $500 at the beginning of the month, how much total interest will Cooper receive at the end of the month?
A.$12.00.
B.$15.60.
C.$14.40.
D.$12.60.
please help
Mathematics
2 answers:
iragen [17]3 years ago
7 0

<u>Answer-</u>

<em>Cooper will receive </em><em>$12.00</em><em> at the end of the month.</em>

<u>Solution-</u>

Cooper has $1500 in the account now and he deposits an additional $500 at the beginning of the month.

So the total principal becomes 1500+500 = $2000

Given here,

APR = annual percentage rate = 7.2%

But as we have to calculate the monthly interest, so monthly interest rate would be =\dfrac{7.2}{12}=0.6\%

Time period = 1 month

So, the interest after 1 month will be,

\text{interest}=\dfrac{\text{Principal}\times \text{Rate of interest}\times \text{Time period}}{100}

=\dfrac{2000\times 0.6\times 1}{100}

=\$12.00

Therefore, Cooper will receive $12.00 at the end of the month.

dybincka [34]3 years ago
3 0

Answer:

12 dollars is correct

Step-by-step explanation:

You might be interested in
An irregular figure was broken into a triangle and rectangle. The area of the triangle is in2. The area of the rectangle is in2.
Zanzabum

Answer:

the anser is 24,32,56

Step-by-step explanation:

i did it got it wrong and then it gave me the right anser witch is that

5 0
3 years ago
X-4=10;4x+1=57<br>i need to change the first equation into to the second equation.
cestrela7 [59]

Is this what you mean this is what i understood.



X-4=10;4x+1=57


First equation solve for x.

X-4=10

Add 4 both sides

X=10+4


X=14

Second equation substitute your x answer into second equation to make both sides equal.

4x+1=57

4(14)+1=57

56+1=57

57=57

4 0
2 years ago
Plz help if you can<br> Thank ya
koban [17]

Answer:

90\pi

Step-by-step explanation:

The first step is to find the slant height of the cone. Using the pythagorean theorem, you can find that \sqrt{12^2+5^2}=13 cm. Plugging this into the equation, you get \pi \cdot 5 \cdot 13=90\pi. Hope this helps!

3 0
2 years ago
What is 254−−√+524−−√ in simplified radical form?<br><br><br> Enter your answer in the box.
Vesna [10]

Answer:

Step-by-step explanation:

2√54+5√24

2 * sqrt(9*6) + 5*sqrt(4*6)

2*sqrt(9) *sqrt(6) + 5*sqrt(4) * sqrt(6)

2*3 sqrt(6) + 5*2 sqrt(6)

6sqrt(6)+10sqrt(6)

16sqrt(6)

8 0
2 years ago
Read 2 more answers
What is the value of the function when x = 2?
VARVARA [1.3K]

Answer: The answer is -2

Step-by-step explanation:

To make this easier, first draw or imagine a vertical line at x=2

Find where the vertical line and the graph intersects.

Draw or imagine that point of intersection.

Now, draw or imagine a horizontal line that goes through the point of intersection.

That horizontal line tells us the the value of the function by passing through that mark that says "-2"

The function's value at x=2 is -2.

(Vote me the brainliest)

5 0
3 years ago
Other questions:
  • If the product of two positive integers is 180 and the larger number is 5 times the smaller number, what are the numbers
    14·1 answer
  • If I said that in three days' time it would be a Thursday, I am sure that most of you would have no difficulty telling me that t
    5·1 answer
  • Based on the graph below, what is a reasonable estimate for the у value when x is 4?
    7·1 answer
  • Please answer this for me only if you know :)))
    10·2 answers
  • 10000-10000+100000-100000
    6·2 answers
  • 3) substitute the y=-2x+5 into the equation and solve for x.
    10·1 answer
  • PLEASE IM BEGGING YOU
    7·1 answer
  • (-3,7) and (0,-2) find the slope<br> Show steps please
    6·1 answer
  • Helpppppppp meeeeeeee​
    7·1 answer
  • On Sunday, a local hamburger shop sold a combined total of 512 hamburgers and cheeseburgers. The number of cheeseburgers sold wa
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!