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
Mariulka [41]
3 years ago
10

A trust fund eels is 6% simple interest divide into its members accounts every month if a member has $5000 in the funds account

how much money would be in that account after three months
Mathematics
1 answer:
Galina-37 [17]3 years ago
8 0

Answer:

$5073.37

Step-by-step explanation:

We can use the simple interest rate (appreciation) formula: A = P(1 + r)^t

Because it gives us 3 months, we need to put it in terms of years. That will give us 1/4 of a year:

A = 5000(1 + 0.06)^0.25

When you plug that into the calc, you should get 5073.37 as your final answer!

You might be interested in
The data manager for a state political party gathered data to determine how many citizens would support the party's senate candi
Mama L [17]

Answer:

The approximate 90% confidence interval is;

70,244 to 70,732

Step-by-step explanation:

Here, we want to calculate the approximate 90% C.I for the situation

Mathematically;

CI = mean ± (z * SD)/√n

From the question;

mean = 70,438

SD = 645.3

n = 30

we can get z from the CI table

90% CI is same as; 1.645 z-score

So , substituting these values;

CI = 70,438 ± ( 1.645 * 645.3)/√30

CI = 70,438 ± 194

So the CI = 70,438 -194 to 70,438 + 194

= 70,244 to 70,732

8 0
3 years ago
Read 2 more answers
Simplifying Please Help!
Gemiola [76]

Answer: C. 6x+18

Step-by-step explanation:

Use the distributive property

First multiply 6 times x which is 6x

Then multiply 6 times 3 which is 18

Keep the sign the same

Therefore, this should give you 6x+18

7 0
2 years ago
Alvin is 6 years older than Elga. The sum of their ages is 106 . What is Elga's age?
Andrews [41]
Elga's age is 50, and Alvin's age is 56. So, the sum of their ages is 106.
8 0
3 years ago
Read 2 more answers
5x + y =7<br> 20x + 2 = y
kodGreya [7K]

Answer:

y = 6

x = 0.2

Step-by-step explanation:

5x + y =7

20x + 2 = y

5x(4) + y(4) = 7(4)

20x + 4y = 28

(20x = 28 - 4y) = (20x = y - 2)

28 - 4y = y - 2

30 - 4y = y

30 = 5y

y = 6

5x + y =7

20x + 2 = y

y = 7 - 5x

7 - 5x = 20x + 2

5 - 5x = 20x

5 = 25x

x = 0.2

4 0
3 years ago
. The mean incubation time for a type of fertilized egg kept at a certain temperature is 25 days. Suppose that the incubation ti
Paul [167]

Answer:

Step-by-step explanation:

Given that the  mean incubation time for a type of fertilized egg kept at a certain temperature is 25 days.

Let X be the incubation time for a type of fertilized egg kept at a certain temperature is 25 days.

X is N(25, 1)

a) Normal curve is in the attached file

b) the probability that a randomly selected fertilized egg hatches in less than 23 days

=P(X

we convert x into Z score and use std normal distn table to find probability

P(X

i.e. we can say only 2.5% proportion will hatch in less than 23 days.

8 0
3 years ago
Other questions:
  • Last year a large trucking company delivered 8.0 x 105 tons of goods with an average value of $30,000 per ton. What was the tota
    9·2 answers
  • Which of the attributes below are shared by both parallelograms and rhombuses? Select all that apply.
    8·1 answer
  • Y = 2x + 3
    8·1 answer
  • Does anyone know what 95 to 145 is
    11·1 answer
  • Points on graphs choose all items which are true
    8·1 answer
  • 259 Students go on a field trip. There are 19 vehicles, some vans, and some buses. 7 students can fit in a van, and 25 students
    8·1 answer
  • What fraction of the game spinner is red? right to equivalent fractions.
    15·2 answers
  • What is the value of x angle in a circle with center O?
    8·1 answer
  • Write a sine function that has a midline of 3, an amplitude of 5 and a period of 2/7
    9·1 answer
  • HELP ME PLEASE!!<br> Find the 6th term in the sequence
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!