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
nexus9112 [7]
4 years ago
8

A principal of $2000 is placed in a savings account at 3% per annum compounded annually. How much is in the account after one ye

ar, two years and three years?
Mathematics
1 answer:
natita [175]4 years ago
8 0

Answer:

Step-by-step explanation:

After one year

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

=2000(1+0.03/12)^12*1

=2000(1+0.0025)^12

=2000(1.0025)^12

=2000(1.0304)

=$2060.8

After two-years

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

=2060.8(1+0.03/12)^12*2

=2060.8(1+0.0025)^24

=2060.8(1.0025)^24

=2060.8(1.0618)

=$2188.157

After three years

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

=2188.157(1+0.03/12)^12*3

=2188.157(1+0.0025)^36

=2188.157(1.0025)^36

=2188.157(1.0941)

=$2394.063

You might be interested in
8 of 10
Naya [18.7K]

Answer:

2.

Step-by-step explanation:

To find the answer, we take Gordon's result, 3, and subtract 2, which is what he added to get 3. This gives us a result of 1. We then multiply by 2, as 1 was the quotient of dividing the original number by 2. This leaves us with an answer of 2.

7 0
3 years ago
The two tables give the number of pints of red and blue paint that are used to make different amounts of two shades of purple pa
ValentinkaMS [17]

The two highlighted rows show that for the same amount of blue, Purple #1 uses <u>more</u> red than Purple #2.

This means that Purple #1 is <u>a redder</u> shade of purple than Purple #2.

Purple #2 is <u>a bluer</u> shade of purple than Purple #1.

Step-by-step explanation:

The two highlighted rows show that for the same amount of blue, Purple #1 uses <u>more</u> red than Purple #2.

Making blue's quantity as 3 parts for purple #1 implies red part becomes 1.5 to maintain the ratio 1:2

Purple #1 has 1/3 parts red and 2/3 parts blue. Purple #2 has 1/4th part red and 3/4th part blue.

Hence, Purple #1 is <u>a redder</u> shade of purple than Purple #2.

From the above explanation, <u>Purple #2</u> is a bluer shade of purple than Purple #1.

<em>Sure hopes this helps you :)</em>

<em></em>

<h3><em>//❀ ❀//</em></h3>
4 0
2 years ago
A sauce recipe uses 4 cans of tomatoes in every 2/12 quarts. How many cans of tomatoes are used in each quart of the sauce?
My name is Ann [436]
4/12 quarts 
hope this helps
7 0
3 years ago
What are the excluded values of x for
ss7ja [257]

Answer:

x = - 2, x = 9

Step-by-step explanation:

Given

f(x) = \frac{x^2-9x}{x^2-7x-18}

The denominator of f(x) cannot be zero as this would make f(x) undefined.

Equating the denominator to zero and solving gives the values that x cannot be.

x² - 7x - 18 = 0

(x - 9)(x + 2) = 0

Equate each factor to zero and solve for x

x + 2 = 0 ⇒ x = - 2

x - 9 = 0 ⇒ x = 9

The excluded values are x = - 2, x = 9

3 0
3 years ago
72.1 written as a fraction
kaheart [24]
It is 72 1/10. This is because 72 is a whole number and point one would be tenths.
5 0
3 years ago
Read 2 more answers
Other questions:
  • Y=6x-3<br> y=2x-7<br><br> Solve using substitution please
    7·1 answer
  • John is trying to drain a swimming pool. He has two pumps, but he can only use one at a time. He knows that the time a pump take
    6·2 answers
  • Please help soon and explain. I don’t know how to solve! Thank u!
    7·1 answer
  • Z-m=z+bx for x. please help me i really need help
    8·1 answer
  • Question 1&amp;2 with explanation. Pls fast , no useless and nonsense answers pls
    11·1 answer
  • Find the value of x - this is circle segments.
    10·1 answer
  • Here is the questions ​
    15·1 answer
  • Write the equation of a line PERPENDICULAR
    8·1 answer
  • The first person to answer this gets brainliest
    9·1 answer
  • 3* what =1 because I'm genuinely unsure
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!