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Leviafan [203]
3 years ago
7

A principal of $4500 is invested at 5.75% Interest, compounded annually. How much will the investment be worth after 5 years?

Mathematics
1 answer:
Mila [183]3 years ago
6 0

Answer:

$5,951.33

Step-by-step explanation:

We can use the compound interest formula to solve this problem:

A=P(1+\frac{r}{n} )^{nt}

<em>P = initial balance</em>

<em>r = interest rate (decimal)</em>

<em>n = number of times compounded annually</em>

<em>t = time</em>

<em />

First, change 5.75% into a decimal:

5.75% -> \frac{5.75}{100} -> 0.0575

Now, plug in the values:

A=4,500(1+\frac{0.0575}{1})^{1(5)}

A=5,951.33

After 5 years, the investment will be worth $5,951.33

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Ramer and knox began a partnership by investing $64,000 and $94,000, respectively. the partners agreed to share net income and l
Butoxors [25]

Each partner's share given a first-year net income of $102,800 is $-3,300.

Each partner's share given a first-year net loss of $20,800 is $-44,300.

<h3>What is each partner's share?</h3>

Partner' share = net income / loss - interest - salary salary allowance

Interest = ($64000 x 10%) + ($94000x 10%) = $15,800

Salary = $52,000 + $41,600 = $93,600

Share of net income = [$102,800 - (15,800 + 93600)] / 2  = $-3,300

Share of net loss = [-20,800 - (15,800 + 93600)] / 2 = $-44,300

To learn more about profit, please check: brainly.com/question/26181966

5 0
2 years ago
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coldgirl [10]

Answer:

1) Compares data that are in categories

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3) Used to see trends in data.

4) Shows changes over time.

5) Shows the frequency of data using equal intervals with no space between the bars.

Step-by-step explanation:

1) Bar graph is used to compare data that are in categories

2) Box and whisker plot is used to organise data into 4 groups of equal size.

3) Line graph is basically used to see different trends.

4) Scatter plot is used to show changes that have occurred over time

5) Histogram is used to show the frequency of data using equal intervals with no space between the bars.

4 0
2 years ago
A total of 1482 earthquakes occurred in a 7-day period at the end of April
topjm [15]

Answer:

211.7 Per Day 8.8 Per Hour

Step-by-step explanation:

First you do 1482/7 which gives you an average for each day (211.7)

Then you take 211.7  and divide that by 24 because there are 24 hours in a day and doing so would give you 8.8

6 0
2 years ago
Just started ratio, I need some help, please!
spayn [35]

Answer:

The answer would be B.

Step-by-step explanation: It is this answer because if it asks you 1 to 5, that means it is one, and then to 5.


Hope this answer helps!


6 0
3 years ago
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Answer:

x=6

Step-by-step explanation:

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