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ikadub [295]
3 years ago
7

Michelle opened a savings account for her emergency fund. She deposited $2,000 into her account, which earns 2.10% interest, com

pounded monthly. How much will she have in the account after 1 year?
Mathematics
1 answer:
mrs_skeptik [129]3 years ago
5 0

Answer: she will have $2042.4 have in the account after 1 year.

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

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

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

P = $2000

r = 2.1% = 2.1/100 = 0.021

n = 12 because it was compounded 12 times in a year.

t = 1 year

Therefore,

A = 2000(1 + 0.021/12)^12 × 1

A = 2000(1 + 0.00175)^12

A = 2000(1.00175)^12

A = $2042.4

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In the circle, m arc BC = 72°. The diagram is not drawn to scale. <br><br>What is m angle BCP
QveST [7]

Answer:

Measure of ∠BCP is 36°

Step-by-step explanation:

Given the circle in which measure of arc BC is 72°

we have to find the measure of angle BCP.

m∠BOC=∠2=72°

By theorem angle subtended at the centre is twice the angle formed at the circumference of circle.

∴ ∠2=2∠1 ⇒ 72=2∠1

⇒    ∠1=36°

By alternate segment theorem which states that

The angle formed between a chord and a tangent through one of the end points of chord is equals to angle in alternate segment.

⇒ ∠3=∠1=36°

Hence, measure of ∠BCP is 36°

Option D is correct

   

5 0
3 years ago
Read 2 more answers
PLEASE HELP WILL GIVE BRAINLIEST!!!!
finlep [7]

Answer:

Make a graph

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7 0
3 years ago
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The population of a rabbit colony triples each month.
djverab [1.8K]

Answer:

3645 rabbits after 6 months.

Step-by-step explanation:

The population of a rabbit colony triples each month.

This means that the population of the colony after t months is given by:

P(t) = P(0)(3)^t

In which P(0) is the initial population.

The population started with 5 rabbits.

This means that P(0) = 5

So

P(t) = 5(3)^t

How many rabbits are there after 6 months?

This is P(6). So

P(6) = 5(3)^6 = 3645

3645 rabbits after 6 months.

3 0
2 years ago
The tax rate for new york is 7.45%.if nicolas earns 36,000 this year,how much will he pay taxes
Arlecino [84]

\bf \begin{array}{|c|ll} \cline{1-1} \textit{a\% of b}\\ \cline{1-1} \\ \left( \cfrac{a}{100} \right)\cdot b \\\\ \cline{1-1} \end{array}~\hspace{5em}\stackrel{\textit{7.45\% of 36000}}{\left( \cfrac{7.45}{100} \right)36000}\implies 2682

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3 years ago
Find the sum.<br> negative 4 plus 16
lorasvet [3.4K]

Answer:

postive 12

Step-by-step explanation:

16-4=12


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