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aniked [119]
3 years ago
7

Monique Fournier deposited $12,500 into a savings account paying 6.5% annual interest compounded monthly. What amount will she h

ave in her account after 3 years? How much compound interest will she have earned?
Mathematics
1 answer:
nikklg [1K]3 years ago
5 0
6.5%=.065
.065/12=0.00541666666666666666666666666667/month
3 years = 36 months
(1+0.00541666666666666666666666666667)^36=1.2146716269797335689295444127607
1.2146716269797335689295444127607 x 12500=$15183.40 in the account after 3 years
15183.40-12500=$2683.40 in interest earned
☺☺☺☺






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Answer:

x = 5

Step-by-step explanation:

0.8x - 0.3 - 0.7x = 0.2

0.8x - 0.7x = 0.2 + 0.3

0.1x = 0.2 + 0.3

0.1x = 0.5

5 0
3 years ago
A parachutist's speed during a free fall reaches 198 feet per second. What is this speed in meters per second? At this speed, ho
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First covert the feet to meters.

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5 0
3 years ago
89.87 is 215% of what number
andre [41]
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4 0
3 years ago
(25 1/8- 20.5) solve it
Sergeeva-Olga [200]

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Step-by-step explanation:

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5 0
3 years ago
The hypotenuse of a right triangle is twice the length of one of its legs. Th length of the other leg is three feet. Find the le
IgorLugansk [536]
Let
x----> the length side of the hypotenuse
y----> the length side of the <span>unknown leg

we know that
x=2*y----> equation 1
applying the Pythagoras Theorem
x</span>²=y²+3²-----> equation 2

substitute equation 1 in equation 2
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y=√3 ft
x=2*y----> x=2*√3 ft

the answer is
<span>the lengths of the three sides are
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7 0
3 years ago
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