Sarah's parents started a savings account for her when she was 12. The plan her parents chose earns 3.2% each year, and her pare
nts initial deposit was $3500. How much will be in Sarah's savings account after 3 years when Sarah is ready to look for a car?
1 answer:
Answer:
$3846.87
Step-by-step explanation:
Assuming the interest is compounded annually, the value in 3 years is ...
FV = P(1 +r)^t
FV = $3500(1.032^3) ≈ $3846.87
Sarah's account will be worth about $3846.87.
You might be interested in
Answer: 31°
Step-by-step explanation:
180° - 149° = 31°
Answer:
$6.25
Step-by-step explanation:
1. Variables
Let's the variable for socks will be s
2. Set up an equation
21.75 + 3s = 40.50
3. Subtract 21.75 from both sides
3s = 18.75
4. Divide 3 from both sides
s = $6.25
5 times 1/10 is 5/10 or 1/2 of a kg. This equals 0.5 kg. You can do 3 experiments (use up until 4.5 kg)
(−8.5)(−5)( −2)
This is a multiplication problem, so we can just multiply from left to right:
-8.5 x -5 = 42.5
42.5 x -2 = -85 (negative 85)
B. All rectangles are parallelograms! And C. All equilateral triangles are isosceles! :-)
