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
Paha777 [63]
3 years ago
6

If the APY of a savings account is 3.9%, and if the principal in the savings account is $3700 for an entire year, what will be t

he balance of the savings account after all the interest is paid for the year?
A. 3900.00
B. 3844.30
C. 3714.43
D. 3700.00
Mathematics
2 answers:
Paul [167]3 years ago
6 0

Answer:

Option B.

Step-by-step explanation:

It is given that

AYP = 3.9%=0.039

Principal amount = $3700

Time = 1 year.

We need to find the balance of the savings account after all the interest is paid for the year.

The formula for amount is

A=P(1+r)^t

where, A is amount, P is principal, r is rate of return and t is time in years.

Substitute the given values.

A=3700(1+0.039)^1

A=3700(1.039)

A=3844.30

Therefore, the correct option is B.

joja [24]3 years ago
4 0

Answer:

Option B. \$3,844.30

Step-by-step explanation:

we know that

The simple interest formula is equal to

A=P(1+rt)

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest  

t is Number of Time Periods

in this problem we have

t=1\ years\\ P=\$3,700\\r=0.039

substitute in the formula above

A=\$3,700(1+0.039*1)=\$3,844.30

You might be interested in
Please give real answers with an explaination. I will follow + I will give the brainliest. No Docs/No Files/No Links, only answe
Rufina [12.5K]

Answer:

134

Step-by-step explanation:

the line where B and X are equal to 180 so you subtract 180 from B witch is 134

6 0
3 years ago
Help pls!!!
SVEN [57.7K]

Answer:

an = -6n + 5.

Step-by-step explanation:

This is an arithmetic sequence with first term a1 = -1 and common difference d = -6

an = a1 + d(n-1)

an = -1 + -6(n - 1)

an = -1 -6n + 6

an = -6n + 5.

3 0
3 years ago
Six sprinters are racing in a 100-meter dash. How many different ways can a gold, silver, and
horrorfan [7]

Answer:

Step-by-step explanation:

Explanation

6 sprinters are in a race. Any one of the 6 could win. None of them can win 2 medals. So the first result is 6

5 runners remain. The second medal goes to any one of the 5

4 runners remain after 1 of the 5 have been choosen.  Any one of the 4 could win.

Answer 6 * 5 * 4 = 120

There are 120 ways of awarding 3 medals to 6 people.

3 0
2 years ago
Paul teaches math to five classes in sixth grade. He wants to measure the variation in the performances of students of each clas
lapo4ka [179]

Answer:

mean absolute deviation

Step-by-step explanation:

The mean absolute deviation of a dataset is the average distance between each data point and the mean. It gives us an idea about the variability in a dataset.

6 0
3 years ago
Read 2 more answers
Given that 3x-y : x+2y = 2 : 5, Determine the ratio x:y
N76 [4]

Answer:

x : y = 9 : 13

Step-by-step explanation:

Given that

3x - y : x + 2y = 2 : 5

Express the ratio in fractional form, that is

\frac{3x-y}{x+2y} = \frac{2}{5} ( cross- multiply )

5(3x - y) = 2(x + 2y) ← distribute parenthesis on both sides )

15x - 5y = 2x + 4y ( subtract 2x from both sides )

13x - 5y = 4y ( add 5y to both sides )

13x = 9y ( divide both sides by 13 )

x = \frac{9}{13} y ( divide both sides by y )

\frac{x}{y} = \frac{9}{13} , that is

x : y = 9 : 13

7 0
3 years ago
Other questions:
  • A bag containing 35 marbles has red and green marbles. If the ratio of green marbles to red marbles is 2 to 5, how many green ma
    5·2 answers
  • A student takes a true-false test that has 10 questions and guesses randomly at each answer. Let X be the number of questions an
    14·1 answer
  • what is a width of a rectangle prisim if the volume is 50046 cm 3 the hight is 7 cm and the llength is 13 cm
    11·1 answer
  • A sailboat’s sail has three sides that are all the same length. Each side measures x−10 units. The sail’s perimeter is 63 units.
    8·1 answer
  • The sum of three consecutive numbers is 450. What is the 3rd number?
    11·1 answer
  • The equation C = 20n + 35 represents the relationship between the cost of school volleyball uniforms,
    11·1 answer
  • 348.562 in expanded form:
    9·1 answer
  • Help! Plz tap on photo I will give u 10 points
    10·1 answer
  • A line has a slope of-5/3 and y intercept of 6 which of the following is an equation of the line
    10·2 answers
  • What is the simplified form of startroot startfraction 72 x superscript 16 baseline over 50 x superscript 36 baseline endfractio
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!