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Georgia [21]
3 years ago
15

Nelson opened a savings account 11 years ago with a deposit of $3,115.89. The account has an interest rate of 5.3% compounded mo

nthly. How much interest has Nelson earned?

Mathematics
2 answers:
9966 [12]3 years ago
8 0

Answer:

2458.77

Step-by-step explanation:

3115.89*(1+0.053/12)^(11*12) - 3115.89 = 2458.77

Stels [109]3 years ago
6 0
Attached solution with detailed work using compound interest formula.

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Toby bought 8 hotdogs and 5 fries. It cost $34.00
ruslelena [56]

Answer:

Each hot dog = $3

Each french fry = $2

Step-by-step explanation:

First, lets define our variables:

x = Hotdog

y = fries

Next, you need to set up a cost equation for both Toby and Bernie:

8x + 5y = 34

2x + 6y = 18

Now, we need to isolate one of the variable:

2x + 6y = 18

2x = 18 - 6y

x = 9 - 3y

Next, we need to insert this equation back into the first equation (8x+5y = 34) to find the cost of y (fries):

8x +5y = 34

8 (9-3y) + 5y = 34

72 - 24y + 5y = 34

72 - 19y = 34

19y = 38

y or fries = $2

Finally, we need to find the cost of each hotdog by using the cost of fries ($2) in one of the formulas:

2x + 6y = 18

2x + 6(2) = 18

2x + 12 = 18

2x = 6

x or hotdog = $3

I hope this helps!

-TheBusinessMan

6 0
3 years ago
Help me pls.
salantis [7]

Answer:

1. 424

2.471

3.512

Step-by-step explanation:

1. 10×12+8×10+8×13+8×15

=120+80+104+120

=424

2. 5×24+9×24+9×15+9×15

=120+216+135

=471

3. 24×16+2×24+2×20+2×20

=384+48+40+40

=512

3 0
2 years ago
Anyone know how to do this? will give brainlest! if you cant help, have a great day!!!
Aleks04 [339]
M= 2 :) I hope this helped you
4 0
3 years ago
Read 2 more answers
Find the circumference of a circle with diameter 8 meters
uysha [10]
The answer is going to 25.13
6 0
3 years ago
Read 2 more answers
PLEASE HELP ME!! THANK YOU SO MUCH!!<br><br> EXPLANATION = BRAINLIEST
Gemiola [76]

Answer:

Step-by-step explanation:

volume=πr^2h

461.58=3.14*r^2*12

461.58=37.68*r^2

461.58/37.68=r^2

12.25=r^2

\sqrt{12.25=r

3.5=r

diameter=radius*2

=3.5*2

=7 in.

8 0
2 years ago
Read 2 more answers
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