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sasho [114]
3 years ago
10

Myron put $5000 in a 2-year CD playing 3% interest, compounded monthly. After 2 years, he withrew all his money. What was the am

ount of the withdrawal?
Mathematics
2 answers:
alexdok [17]3 years ago
6 0

Answer:

$5308.79

Step-by-step explanation:

a.p.e.x

olga nikolaevna [1]3 years ago
5 0

Answer:

  $5308.79

Step-by-step explanation:

The future value can be computed from ...

  FV = P(1 +r/n)^(nt)

where P is the principal invested, r is the annual interest rate, n is the number of times per year it is compounded, and t is the number of years.

Filling in the given numbers, we have ...

  FV = $5000(1 +.03/12)^(12·2) ≈ $5308.79

Myron's withdrawal will be in the amount of $5308.79.

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Help me out yall!!!! I need answers ASAP
Paha777 [63]

Answer:

199

Step-by-step explanation:

Ok, lets do the math, 41,790 is going to be the number we divide by, and than we use 210 to divide it with, meaning the final answer is 199.

5 0
2 years ago
A sport watch with an original price of $86 is on sale for $60.20. What is the percent of discount?
Anarel [89]
You need to first calculate the amount of lost money, which is 86-60.2=25.8 To find the discount, you need to put this over the initial price, or 86. This equals 0.3, which is 30 percent.
8 0
3 years ago
Read 2 more answers
Pete grabbed 18 mixed nuts, StartFraction 2 Over 9 EndFraction of which were almonds. Which equation shows how to determine the
djverab [1.8K]

Answer:

18 times StartFraction 2 Over 9 EndFraction = 4

Amount of almonds = 18 × [2/9]

Amount of almonds =  4 almonds

Step-by-step explanation:

Given:

Number of mixed nuts = 18

Probability of almonds = 2/9

Find:

Amount of almonds

Computation:

Amount of almonds = Number of mixed nuts × Probability of almonds

Amount of almonds = 18 × [2/9]

Amount of almonds = 36 / 4

Amount of almonds =  4 almonds

6 0
2 years ago
Read 2 more answers
A car travels 299 miles in 5 hours and 45 minutes. How many miles does it travel per hour?
kirill [66]

Answer

= speed = distance/time

5 hour and 45 min= 5.75hours

Speed = 299/5.75

Final answer Speed = 52miles per hour

7 0
3 years ago
Simplify your answer
katrin [286]

Answer: x=4\\y=3

Step-by-step explanation:

y=4x-13\\2x+3y=17

Since our ''y'' is already isolated, you can simply plug ''y'' information into the second equation.

2x+3y=17\\2x+3(4x-13)=17\\2x+12x-39=17\\14x=17+39\\14x=56\\x=\frac{56}{14} \\x=4

Now we can use the first equation and replace ''x'' to find ''y''

y=4x-13\\y=4(4)-13\\y=16-13\\y=3

To prove that your values are correct, take any of the equations and replace their values.

y=4x-13\\3=4(4)-13\\3=16-13\\3=3

4 0
3 years ago
Read 2 more answers
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