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
Juliette [100K]
3 years ago
12

A principal of $3800 is invested at 6.75% interest, compound annually. How much will the investment worth after 9 years?

Mathematics
1 answer:
frozen [14]3 years ago
6 0

Answer:

$6840.60

Step-by-step explanation:

formula od compound interest A= P (1 =r/n)ⁿ⁹

where n=1 when it is compunded annually  and t= 9 years

A= 3800(1+6.75/100)⁹

A= 3800 ( 1+0.0675)⁹

A= 3800(1.0675)⁹

A=3800(1.800)

A= 6,840.60 $

You might be interested in
Hayley borrowed $1,854 from her parents. She agreed to repay them in equal installments throughout the next 18 months. How much
Serggg [28]

Answer: $ 618

Step-by-step explanation:

Money borrowed =  $1,854

Total months taken to repay = 18  (Number of installments)

Money paid per month = \dfrac{\text{Money borrowed}}{\text{Number of installments}}

=\dfrac{1854}{18}=\$103

Now , money paid in 1 year = 12 x $ 103 =$ 1236     [1 year = 12 months ]

After a year , Haley still owe =  $1,854 -  $ 1236= $ 618

Hence, Haley still owe her parents $618 after a year .

7 0
3 years ago
Please Help !!!
Aleonysh [2.5K]
X-12=-4
x=-4+12
x=8
The answer is A
3 0
3 years ago
Read 2 more answers
Use compatible numbers to estimate the quotient. 412 divided by 5
katen-ka-za [31]
412 divided by 5 is 82.4
6 0
3 years ago
Read 2 more answers
Which factor contributed to the growth of the us economy during the 20 century?
Sphinxa [80]
The United States increased its global influence.
7 0
3 years ago
Major help and if you can, please explain how you got your answer
hjlf
The correct answer is:  [A]:  " 384 in² " .
_______________________________________________________

Explanation:
______________________________________________________
The formula for the surface area of a cube is:
______________________________________________________

             →   A   =   6a²  ;
______________________________________________________             →   in which:  
______________________________________________________
                            A  =  surface area of the cube— for which we shall solve ; 
                                               (in "square units" ; or, " in² " ; in our case) ; 

                            a = side length = " 8 in " (given); 
    
   →  Note:  A cube has all equal side lengths.

   →  The "6" in the formula accounts for "6 sides" of a cube.

_______________________________________________________

→  To solve for the surface area of the cube; plug in our known value(s);
                &  solve;  as follows:
_______________________________________________________
                          →  A  =  6 a²  ;

                                    =  6 * (8 in)²  ;

                                    =  6 * 8² * in² ;

                                    =  6 * 8 * 8 * in² ; 

                                    =  48 * 8 * in² ; 

                                    =  384  in²  ;
_______________________________________________________
The answer is:  " 384 in² " ;  

→  which is:  Answer choice:  [A]:  " 384 in² " .
_______________________________________________________
8 0
3 years ago
Other questions:
  • Do you have geometry games?
    8·1 answer
  • What is the smallest angle of rotational symmetry that maps a regular pentagon onto itself?
    10·2 answers
  • Can some one help me with this question.
    15·2 answers
  • PLEASE HELP ME!!!
    5·2 answers
  • imagine that you have a paycheck of $50 this week. if i tell you that i will increase your paycheck by 20% one from week from no
    6·1 answer
  • Identify sin A as a fraction and as a decimal rounded to the nearest hundredth. HELP PLEASE!! I don't understand.
    6·1 answer
  • WHAT IS THE PERIMETER OF THIS IRREGULAR SHAPE??!!
    9·1 answer
  • What is the volume of the figure?
    6·1 answer
  • What is 67/100 as a decimal representation and a percent representation
    7·2 answers
  • Identify the set of X-values for which f(X) is greater than or equal to 0.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!