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
dmitriy555 [2]
3 years ago
10

Savanna Smiles invested $5,000 for one year in a CD that earns interest at a rate of 3.5% compounded monthly. What is the intere

st earned during the year? (Hint: Use the appropriate formulas and round at the end.)

Mathematics
1 answer:
weeeeeb [17]3 years ago
5 0
We are asked to solve for the interest during the year given that it is compounded monthly, we are given with the formula A = P(1+r)^n. The solution is shown below:
A = P (1+r)^n
A = $5,000 (1+ 3.5/12)^(12*1)
A = $5,000 (1.000292)^12
A = $5,177.84

 
You might be interested in
chris has a collection of 20 baseball cards and kyle has collection of 40 baseball cards.Chris is adding 3 baseball cards per mo
sergij07 [2.7K]
In 10 days they will have the same amount of cards
7 0
3 years ago
Please help meeeeeee...
dangina [55]
Parallel means lines that never meet, and perpendicular are lines that meet at right angles.

5 0
3 years ago
Jenny has $200.00 in her savings account. The account earns interest at the rate of 3% each year.How much money will Jenny have
11111nata11111 [884]
200*1.03=206
She will have 206$ after one year.
3 0
3 years ago
What is matrix X if 0.5X=A? Matrix A=[6 -12 4 6].
vladimir1956 [14]

Answer:

See attachment

Step-by-step explanation:

The given matrix equation is:

0.5X = A.

To find Matrix X, we need to multiply both sides of the equation by 2 to obtain:

2 \times 0.5X =2 \times  A

This simplifies to;

X = 2A

By scalar multiplication, we multiply each entry in the matrix A by to 2 to obtain matrix X.

6 0
4 years ago
The data set shown below represents the number of times some families went out for dinner the previous week. 4, 2, 2, 0, 1, 6, 3
mestny [16]

Answer:

The correct options are:

  • Four families said they ate out twice the previous week.
  • One family said they ate out 5 times the previous week.
  • The median best represents the data set.

Step-by-step explanation:

We are given a data set as:

4, 2, 2, 0, 1, 6, 3, 2, 5, 1, 2, 4, 0, 1

On arranging this data set in the frequency table we get:

Number of times they went for dinner    Number of families  

           0                                                          2

           1                                                           3

           2                                                          4

           3                                                           1

           4                                                           2

           5                                                           1

           6                                                            1

  • Hence, the range of the number line is between 0 to 6.
  • Also there are 4 dots above 2.

    Hence,  Four families said they ate out twice the previous week.

  • Also there is one dot above 5.

        Hence,  One family said they ate out 5 times the previous week.

  • The data set is not symmetrical since the median is 2 and the data points to the left and to the right do not have symmetry.

Hence, the data set is not symmetrical.

  • Also we know that the median of the data is the central tendency of the data and always best represents the data.

Hence, The median best represents the data set.

7 0
4 years ago
Read 2 more answers
Other questions:
  • If jack has 16 aplles and gives it to 5 friends how many does each get
    15·1 answer
  • All I want is the work, I know the answer. (Don't ask)
    12·2 answers
  • Solve the following system of equations.<br> 3x+6y = -9<br> -3x+2y = 17
    5·2 answers
  • Sarah is renting a car for her weekend trip to the mountains. The total cost of the rental, f(x), as it relates to the number
    9·1 answer
  • Find the perimeter. The shape consists of a square and a half circle. Solve
    9·1 answer
  • Answer correctly please and explain correctly
    10·2 answers
  • If one of each of these shirts was in a bag and you pulled one out, what is the probability that you would get a small blue shir
    14·1 answer
  • Help me pleaseeeeeeeeeeeeeeeeeee
    9·2 answers
  • What is the solution of the equation?<br> -1 =V<br> -<br> 3
    15·1 answer
  • In the diagram below of triangle GHIGHI, JJ is the midpoint of \overline{GI} GI and KK is the midpoint of \overline{HI} HI . If
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!