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
RUDIKE [14]
3 years ago
13

If a savings account of $48,900 is compounded annually at 19.1% annual interest, how much will the account be worth in 53 months

? Round your answer to the nearest cent. Note: 360 days in a year and 30 days in a month.
Mathematics
1 answer:
ankoles [38]3 years ago
4 0
Interest rate i=19.1% compounded annually.
Initial deposit, P=48900
Time t=53 months=53/12 years

Use compound interest formula
Future value,
F=P(1+i)^(t)=48900(1+0.191)^(53/12)
=  $105,824.40  (to the nearest cent)
You might be interested in
The number of lightning strikes in a year at the top of a particular mountain has a poisson distribution with a mean of 3.8. fin
atroni [7]

Let X be the number of lightning strikes in a year at the top of particular mountain.

X follows Poisson distribution with mean μ = 3.8

We have to find here the probability that in randomly selected year the number of lightning strikes is 0

The Poisson probability is given by,

P(X=k) = \frac{e^{-mean} mean^{x}}{x!}

Here we have X=0, mean =3.8

Hence probability that X=0 is given by

P(X=0) = \frac{e^{-3.8} 3.8^{0}}{0!}

P(X=0) = \frac{0.02237 * 1}{1}

P(X=0) = 0.0224

The probability that in a randomly selected year, the number of lightning strikes is 0 is 0.0224

5 0
3 years ago
An umbrella has 8 ribs which are equally spaced (see fig.). Assuming umbrellato
Nadya [2.5K]

Answer:

Yes.

Step-by-step explanation:

You are correct except to the nearest hundredth it is 795.54 cm^2.

7 0
3 years ago
Someone help me please
garri49 [273]

Answer:

  • 42 seats

Step-by-step explanation:

This represents an arithmetic progression with the first term of a = 15 and common difference of d = 3.

<u>The tenth row is the 10th term:</u>

  • aₙ = a + (n - 1)d

<u>The row 10 has:</u>

  • a₁₀ = 15 + 9*3 = 15 + 27 = 42 seats
7 0
3 years ago
Read 2 more answers
A Letter is Selected from the letters in the word ACCOMMODATION list all the possible types of outcomes
Phantasy [73]
You pick only one letter, so the possible outcomes are:
A,C,O,M,D,T, I, N

if you need to probability of each outcome:
A: 2/13 (there are 2 As and a total of 13 letters)
C: 2/13
O: 3/13

ans so on.
use your calculator to change each fraction to a decimal if needed. 
3 0
4 years ago
You have a 5” by 7” photo that you would like to have enlarged to fit an 8” by 10” frame. Would the two photographs be similar?
Rasek [7]
No, 2 of the 5x7 would actually take up. 10x14
8 0
3 years ago
Other questions:
  • Helpppppppppppppppppp
    14·2 answers
  • PLEASE HELP ME! I AM ABOUT TO FAIL
    11·1 answer
  • Need help this is my niece work
    15·2 answers
  • It takes 4 and 1/2 minutes to fill an empty aquarium to a depth of 3/5 meters.
    14·1 answer
  • At Munder Difflin Paper Company, the manager Mitchell Short randomly places golden sheets of paper inside of 30% of their paper
    5·1 answer
  • What’s the value of x?
    14·2 answers
  • Pls help I’ll brainlest grades close today pls helpp
    10·1 answer
  • If the dimensions of the following cylinder are doubled, what factor will the surface area change by?
    15·1 answer
  • Evaluate: 100−20.2×4.5.<br> i need this for imagen math
    15·1 answer
  • 9 A rectangle and a square have the same area. The length
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!