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
mel-nik [20]
3 years ago
10

You deposit $75 in a savings account that earns 5% annual interest compounded yearly. Find the balance in the account after the

given amounts of time. 1 year 2 years 5 years 20 years
Mathematics
1 answer:
Nana76 [90]3 years ago
7 0
Hi there
The formula is
A=p (1+r)^t
A future value
P present value 75
R interest rate 0.05
T time

After 1 year the balance is
A=75×(1+0.05)
A=78.75

After 2 years
A=75×(1+0.05)^(2)
A=82.69

After 5 years
A=75×(1+0.05)^(5)
A=95.72

After 20 years
A=75×(1+0.05)^(20)
A=198.99 round
A=199

Hope it helps
You might be interested in
What's the value of given expression<br><br><img src="https://tex.z-dn.net/?f=%20%5Csqrt%7B33%20%5Ctimes%203%20%2B%201%7D%20" id
Readme [11.4K]
I believe it’s 10

Explanation : Simplify the radical by breaking the radicand up into a product of known factors, assuming positive real numbers.
8 0
3 years ago
Julla has 2 identical rooms in her house. If each room measures 8 feet on one side and 12 feet on another, what
Marina CMI [18]

Answer:

The area of a rectangle is one side times the other, and this is the same for two rooms. 2⋅8⋅12=192 square feet.

Step-by-step explanation:

Hoped I helped

8 0
3 years ago
Read 2 more answers
Please help me! This math is killing me!
ankoles [38]

Answer:C

Step-by-step explanation:

8 0
3 years ago
Jayda's house is located at (1, 5). She can walk in a straight line to get to Cristian's house. A fast-food restaurant is locate
olga_2 [115]
(5,3) is your answer to the problem your welcome
7 0
2 years ago
Sidney is making greeting cards, which she will sell by the box at an arts fair. She paid $32 for a booth at the fair, and the m
borishaifa [10]

So think of it like this she starts off $32 negative and subtract 3 from each box of cards she makes . So each box of cards she will make $8 that being said

32/8 =4 (it will take 4 box of cards to pay off her booth expense).

Sales would be 11x 4 =44

Expenditures would be 3x4 =32 (the amount used to make cards ) +32(the amount paid for the booth)

Which in total would be $64

4 0
3 years ago
Other questions:
  • Simplify 2m - 7x + 6 + 3x - 4 by COMBINING LIKE TERMS.
    12·2 answers
  • HELP ME ASAP PLEASEEE!!! &lt;3
    9·2 answers
  • the table shows the number of insects that eight students on a science trip collected: Alan(14),Joann(16),Kris(9),Luis (15),JP(1
    12·1 answer
  • What expression is equalent to 4x-3(5x-2
    8·1 answer
  • I need help on this plzzz
    8·1 answer
  • The dot plot shows the number of text messages Mr. Garcia sent each day so far this month.
    7·2 answers
  • How to solve 2x-3=-x+3
    15·2 answers
  • A pen and pencil in Carlo’s case is 4:5. He has 16 pens. How many pencils does Carlos have?? Please help
    8·1 answer
  • Write a real world situation for the function f(x) = 3(1.06x) + 2. Be sure to identify all key features of the function as what
    5·1 answer
  • Find the length of the leg, please help, will give brainliest
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!