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
VladimirAG [237]
2 years ago
6

Lizbeth deposited $6200 into a savings account for which interest is compounded monthly at a rate of 2.37%. How much interest wi

ll she earn after 8 years?
Mathematics
2 answers:
aleksley [76]2 years ago
8 0
A=6200(1+0.0237/12)^12*8
A=7,492.95
Amount earned=7492.95-6200=1,292.95
astra-53 [7]2 years ago
7 0

Answer: $1292.95

Step-by-step explanation:

Given: The principal investment deposit = P = $6,200

The annual interest rate= 2.37%

The annual interest rate (decimal)  r=0.0237

The number of times that interest is compounded per year

= 12

The number of years the money is invested for= 8 years

The formula for annual compound amount is:

A=P(1+\frac{r}{n})^{nt}\\\\\Rightarrow\ A=6200(1+\frac{0.0237}{12})^{12\times8}\\\\\Rightarrow\ A=6200(1.001975)^{96}\\\\\Rightarrow\ A=6200( 1.2085399)\\\\\Rightarrow\ A=7492.95

The amount she earned = A-P=\$7492.95-\$6200=\$1292.95

You might be interested in
4. A light bulb was being tested so it was left on
PolarNik [594]

Answer:

696 hours

Step-by-step explanation:

8 0
2 years ago
An educator believes that new reading activities for elementary school children will improve reading
Damm [24]

The correct answer to this open question is the following.

Unfortunately, you forgot to attach the scores shown in the back-to-back stem-and-leaf display. So we do not know what the numbers are and we do not have any reference at all

What we can do to help you is to comment on the following general terms.

There have been previous and similar experiments or projects like this in other schools in America. These results suggest that the new activities are better because extra or special reading comprehension programs better prepare students to understand what they are reading and comprehend more than basic ideas of the text.

Students that participate in these programs develop a better sense to understand and like what they are reading, considerably increasing their focus and attention.

These programs have resulted positively when trying to improve the marks of the students, compared to other traditional approaches.

6 0
3 years ago
It’s lines please help me
amm1812

Answer: maybe line C, i dont know

Step-by-step explanation:

5 0
3 years ago
Find the volume of a cube with side length of 7 in.
anastassius [24]

Answer: 343 in³

Explanation: In this problem, we're asked to find the volume of a cube.

It's important to understand that a cube is a type of rectangular prism and the formula for the volume of a rectangular prism is shown below.

<em>Volume = length × width × height</em>

In a cube however, the length, width, and height are all the same. So we can use the formula side × side × side instead.

So the formula for the volume of a cube is side × side × side or s³.

So to find the volume of the given cube, since each side has a length of 7 inches, we can plug this information into the formula to get (7 in.)³ or (7 in.)(7 in.)(7 in).

7 x 7 is 49 and 49 x 7 is 343.

So we have 343 in³.

So the volume of the given cube is 343 in³.

8 0
2 years ago
I don’t need an explanation i just need an answer thank you!
Nina [5.8K]

72

Step-by-step explanation:

5 0
2 years ago
Other questions:
  • How to start the problem off. (substitution)
    12·1 answer
  • Someone help! you have 44 text messages in your inbox. How many messages can your cell phone hold? (and inbox is 88% full)
    6·2 answers
  • What is the equation of the line that is parallel to the line y = -1/3x+4
    8·1 answer
  • Which best describes the domain of a function
    7·1 answer
  • Which graph could represent a constant balance in a<br> z<br> account over tim
    9·1 answer
  • Lisa and Audrey were selling pizzas to raise money for new cheerleading uniforms. Lisa
    7·1 answer
  • Sonya just turned 21 years old and will soon begin her junior year of college in
    15·2 answers
  • Elena is conducting an experiment to determine if the high school students are more relaxed when the lights are off or when musi
    5·1 answer
  • Which statement best describes the behavior of the graph of 3x − 4y = 8?
    14·2 answers
  • Which pairs of angles in the figure below are vertical angles?<br> Check all that apply.
    6·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!