4 years ago

If $5000 is invested at 7.8% interest compounded monthly, how much would you have after 54 months?

1 answer:

6 0

5000 x (1+0.078/12)^54

5000 x (1.0065)^54

$7094.37

You might be interested in

quester [9]

This indicates that 5/2 is less than -1 on the number line.

4 0

4 years ago

kaheart [24]

Ninth term is 2.5

you are adding 0.5 each time

-1,-0.5,0,0.5,1,1.5,2,2.5

8 0

3 years ago

Flauer [41]

I can answer the first four
1 is 40%
2 is 60
3 is $1.35
4 is 6%

4 0

4 years ago

yan [13]

Answer:

The best estimate for the solution is the ordered pair $(-6.5,-3.5)$

Step-by-step explanation:

we have

$y=\frac{3}{2}x+6$ ------> equation A

$y=\frac{1}{4}x-2$ ------> equation B

we know that

using a graphing tool, the solution of the system of equations is the intersection point both graphs

The intersection point is $(-6.4,-3.6)$

therefore

The best estimate for the solution is the ordered pair $(-6.5,-3.5)$

3 0

3 years ago

Anna11 [10]

1.) 37/8

2.) .56 X 80 = 44.8

Hope this helps

8 0

3 years ago