All categories

3 years ago

Find the compound amount for the deposit. (Round to two decimal places).

Mathematics

2 answers:

Thepotemich [5.8K]3 years ago

7 0

Answer:

Step-by-step explanation:

Problem

If you deposit $5000 into an account paying 7% annual interest compounded yearly , how much money will be in the account after 6 years?

Result

The amount is $7503.65 and the interest is $2503.65. there for i believe the answer is D.

aleksandr82 [10.1K]3 years ago

7 0

Answer:

Answer C.) $7,100.00

Step-by-step explanation:

7% of 5,000 is = 350

(0.07 x 5,000 = 350)

6 years of intret would be 2,100

(6 x 350 = 2,100)

add 2,100 to 5,000

2,100 + 5,000 = 7,100

$7,100

Hope this helped!

~Lunar Rose. Moon

You might be interested in

How do you round with 5,900

vesna_86 [32]

Answer:

Well If there are answer choices please place them in the comments. But if there are not, that's okay. I'd say that you'd just keep it at 5,900 if you are trying to round to the nearest hundred. If you are trying to round to the nearest thousand, 6,000 would be right.

Remember, if the number is or is between 1 and 5 round down but if it is or is between 5 and 9, round up.

Step-by-step explanation:

5 0

3 years ago

Write the decimal as a percent.<br><br> 0.097

earnstyle [38]

Answer:

9.7%

Step-by-step explanation:

6 0

2 years ago

Which term has the definition "The mean, median, or mode of a dataset. Aholnoma

Rom4ik [11]

Answer:

variability is my guess

6 0

2 years ago

Which linear function has a y-intercept at –3?

Dimas [21]

Answer:

Cant answer

Step-by-step explanation:

Depending on the option choices and without seeing the option choices I can give you an idea of how to solve this.

Using y=mx+b we can find the y intercept by knowing that B is the value of the y Intercept

8 0

2 years ago

Read 2 more answers

The height in feet above the water of a diver can be modeled by ℎ() = −16*2 − 16 + 192, where t is the time in seconds after the

Maurinko [17]

h(t) is the height of the diver in feet above the water

Now it asks about the time at which diver reaches the water

When diver reaches the water , the height of diver from water should be zero

So we plug h(t) =0

$-16t^2 -16 t +192 =0$

divide whole equation by -16

$t^2 +t -12 =0$

we can now factor the quadratic equation

So we get

(t+4)(t-3) =0

plug each factor equal to zero and solve for t

t+4 =0 and t-3 =0

So t=-4 and t=3

Now time cannot be negative , So t=3

So time = 3 seconds

It takes 3 seconds for the diver to reach the water

3 0

3 years ago