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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:

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A cylinder has a volume of 288 pi cubic meters and a height of 9 meters. What is the area of the base?
Pavlova-9 [17]

Answer:

The area of the base is about 32 square meters

Step-by-step explanation:

V = pi times r^2 times h which is the formula.

Since the volume is 288, and the height is 9 it is,

288 = pi times r^2 times 9,

288/9 = pi times r^2 times 9/9

32/pi = pi/pi times r^2

10.2 = r^2

The square root of 10.2 is about 3.19

Area formula is pi times radius, r^2

3.19 times 3.19  or 3.19^2 = 10.1761

10.1761 times pi is 31.96 which is about 32 square meters.

I hope this helps!

5 0
3 years ago
Read 2 more answers
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ser-zykov [4K]

Answer:

in my knowledge I think 13

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7 0
3 years ago
dimensions of a building are 740 feet by 800 feet. If 1inch represents 8 feet. What are the dimensions of the building on the dr
nevsk [136]

Answer: 92.5 inches by 100 inches.


Step-by-step explanation:

1. You know that 1 inch represents 8 feet and the dimensions of the building are 740 feet by 800 feet, therefore, you must apply the proccedure shown below:

\frac{740ft*1in}{8ft}=92,5in

\frac{800ft*1in}{8ft}=100in

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6 0
3 years ago
I need some math help
Kobotan [32]
This is an answer should help you
8 0
3 years ago
A triangle has an area of 38.4 cm2. The
lisov135 [29]

Answer:

6cm

Step-by-step explanation:

A = \frac{h_b b}{2}

38.4 = \frac{12.8_b b}{2}

b = 2\frac{A}{h_b}

b = 2\frac{38.4}{12.8} = 6

8 0
3 years ago
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