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
Tom [10]
3 years ago
14

Brian deposited $4000 into an account with 5.4% interest, compounded monthly. Assuming that no withdrawals are made, how much wi

ll he have in the account after 6 years?
Mathematics
1 answer:
Yanka [14]3 years ago
8 0
The future value of the amount deposited will be given by:
FV=p(1+r/100n)^nt

where:
FV=future value
p=principle
r=rate
n=terms
t=time
thus substituting our values in the formula we get:
FV=4000(1+5.4/1200)^(6×12)
FV=$5,526.57

Answer: $5,526.57
You might be interested in
Elysse paid for her lunch with a $10 bill and recieved 0.63 in change the lunch special was 7.75 sales tax was 0.47 what was the
adelina 88 [10]
Hey! The drink was $1.15 because $10 minus the cost of the lunch ($7.75), tax (0.47), and what was given back in change (0.63) leaves you with $1.15
7 0
2 years ago
Read 2 more answers
Question 13: please help. I will give brainliest to correct answer.
Arada [10]

Answer:

Option 4

Step-by-step explanation:

Trying the first 2 pairs and confirm  the Last Option

y=5*2^x

5 0
2 years ago
Joan works on commission for a furniture store. She gets a base pay of $80 a day plus 4 percent of the value of any merchandise
Murljashka [212]

Answer:

Total amount earned = $84

Step-by-step explanation:

The correct expression is

Total amount earned = 80 + 4% of (t - 400)

= 80 + 0.04(t - 400)

where,

t = her sales total in dollars

Total amount of money that she will make for sales of $500

Total amount earned = 80 + 0.04(t - 400)

= 80 + 0.04(500 - 400)

= 80 + 0.04(100)

= 80 + 4

= 84

Total amount earned = $84

3 0
2 years ago
Which one of the following examples represents a proper fraction? 
lbvjy [14]
The answer is D. 15/22
4 0
3 years ago
Markus scored 85, 92, 82, and 94 on the first four tests of the semester. His teacher has not yet told him his score on his fift
algol13
It’s x=83 I believe
5 0
3 years ago
Read 2 more answers
Other questions:
  • [OU.03]The table below shows the initial masses of four stars.
    10·2 answers
  • You earn $250 per month from your part-time job. You are in a kayaking club that costs $20 per month, and you save at least $100
    15·1 answer
  • Jimmy spent 45 minutes to finish his homework. There are 20 problems. What is the average amount of time he spends to finish eac
    12·1 answer
  • The degree for 6g²h³k?
    5·1 answer
  • Find f o g.<br><br> f(x) = x2 - 5x + 6 g(x) = x + 3
    15·1 answer
  • 3/11 ÷ 3/11<br>and <br>9/10 ÷ 3/5<br><br>PLZ HELP ME<br>​
    6·2 answers
  • The number of cookies Natalie can bake varies directly with the time she
    5·2 answers
  • What is the area of a triangle<br> that has a base of 8 inches and<br> a height of 3 2/5 inches?
    6·1 answer
  • Complete the equation of this circle:<br> (x − [?])²+(y - [ ])²=[ ]
    7·1 answer
  • Select the correct answer from each drop-down menu.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!