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kompoz [17]
3 years ago
13

James knows that he eventually wants to buy a motorcycle, and the model he has in mind costs $5,000. He has found a bank that wi

ll let him open a saving account with 7% interest that is compounded monthly. If he wants to buy his motorcycle in 5 years (he's still nervous), how much money should he invest in the account now
Mathematics
1 answer:
svetlana [45]3 years ago
4 0

Answer:

3527

Step-by-step explanation:

Using our compound interest formula we can plug in all of our given values and solve for P.

A(t)=P(1+r/n)^nt

5,000=P(1+0.07/12)^12(5)

P=5000/(1+0.07/12)^60

P≈$3,527

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Answer:

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7 0
2 years ago
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-2 + (–15) = –(2 + 15) what property is this equation
barxatty [35]

Hello.

The answer is: The Commutative property

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Have a nice day.




4 0
2 years ago
Write in expanded form 51.242.<br>​
lord [1]

Answer:

50 + 1 + \frac{2}{10} + \frac{4}{100} + \frac{2}{1,000}

Step-by-step explanation:

This is the answer because:

1) 50 and 1 equal to 51

2) The fraction forms of a decimal number is: the decimal number/the decimal number place value

3) Therefore, the answer is 50 + 1 + \frac{2}{10} + \frac{4}{100} + \frac{2}{1,000}

Hope this helps!

3 0
2 years ago
Find the area of EBCD using (a) and (b).
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I hope this helps you

6 0
3 years ago
How does the slope of g(x) compare to the slope of f(x)?
Maru [420]

Answer:

The answer is 'The slope of g(x) is less than the slope of f(x)'  

Step-by-step explanation:

Given the graphs of f(x) and g(x). we have to compare the slops of these two.

The graph of f(x) passes through the points (1,0) and (2,2)

∴ \text{The slope of f(x)=}\frac{y_2-y_1}{x_2-x_1}=\frac{2-0}{2-1}=2

The graph of g(x) passes through the points (0,2) and (2,3)

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As \frac{1}{2}

This shows that the

The slope of g(x) is less than the slope of f(x).

8 0
3 years ago
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