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serious [3.7K]
3 years ago
5

suppose your friends parents invest 10,000 in an account paying 6% compounded annually.what will the balance be after 5 years

Mathematics
1 answer:
Alex17521 [72]3 years ago
5 0
<h3>✽ - - - - - - - - - - - - - - - ~<u>Hello There</u>!~ - - - - - - - - - - - - - - - ✽</h3>

➷ Use this formula:

final = original x multiplier^n

n would be the number of years

First to calculate the multiplier:

6/100 = 0.06

1 + 0.06 = 1.06

Substitute the values in:

final = 10000 x 1.06^5

Solve:

final = 13382.25578

Your answer is $13382.25

<h3><u>✽</u></h3>

➶ Hope This Helps You

➶ Good Luck

➶ Have A Great Day ^-^

↬ ʜᴀɴɴᴀʜ ♡

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Answer:

"$66.5

Step-by-step explanation:

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So, interest on $700 =

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Now Joe finances the grill over 12 months

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Now Monthly payment = Total of payments ÷ number of payments

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                                      =$66.5

Hence Joe's monthly payments (principal plus interest) is $ 66.5" i quoted so give the other person brainliest!

Step-by-step explanation:

8 0
3 years ago
What is the quotient of 8 and 72.16
Wittaler [7]
72.16./8 is equal to 9.02. 

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8 0
3 years ago
The level of nitrogen oxides (NOX) and nonmethane organic gas (NMOG) in the exhaust over the useful life ( 150,000 miles of driv
fgiga [73]

Answer:

Mg/mi. A Company Has 16 Cars Of This Model In Its Fleet. ... The level of nitrogen oxides (NOX) and nonmethane organic gas (NMOG) in d ... organic gas (NMOG) in the exhaust over the useful life (150,000 miles of driving) of cars of a particular model varies Normally with mean 85 mg/mi and standard deviation 6 mg/mi.

Step-by-step explanation:

7 0
2 years ago
A rectangle has sides measuring (4x + 5) units and (3x + 10) units.
Artist 52 [7]

Answer:

PART A :

AREA OF RECTANGLE = LENGTH × BREADTH

A = (4x + 5) (3x + 10)

A = 12(x^2) + 55x + 50

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PART C : Closure under addition and multiplication. Look at the signs.

6 0
3 years ago
The sum of the heights of a giraffe and a baby giraffe is 15m. If the baby giraffe has a height which is 2/3 that of the giraffe
EleoNora [17]

mama giraffe: x

baby giraffe: \frac{2}{3} x

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Answer: 6 m

8 0
3 years ago
Read 2 more answers
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