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
lisabon 2012 [21]
3 years ago
12

If you deposit $10,000 at 3.85% interest, compounded daily, what would your ending balance be after three years?

Mathematics
1 answer:
stepladder [879]3 years ago
5 0

Answer: $11,155

Step-by-step explanation: For this problem, first we will use the "Simple Interest" equation to find the total interest earned after three years.

First, convert 3.85% to a decimal, 0.0385.

I, interest = 10,000 x 0.0385 x 3

I = 1,155

Now add the total interest $1,155 to the total deposit $10,000.

1,155 + 10,000 = $11,155

You might be interested in
Is the data set "distance a baseball travels after being hit" quantitative or qualitative? If it is quantitative, is it discrete
Komok [63]
<span>quantitative, continuous</span>
8 0
3 years ago
Read 2 more answers
Given the circle with the equation (x - 3)2 + y2 = 49, determine the location of each point with respect to the graph of the cir
Svetllana [295]
B....................................................
3 0
3 years ago
Workers Inc. just bought 14 boxes of pens to put in their storage room for employees to use as needed. Each box contains 45 pens
Igoryamba
14x45=630
43×2=86
(14×45)-(43×2)= 630-86=544
there would be 544 pens left
3 0
3 years ago
A rental moving truck can haul a maximum of 7,500 pounds. Dejuan has boxes that weigh 40 pounds and boxes that weigh 75 pounds.
alexdok [17]
The first graph is the correct answer.
4 0
3 years ago
How many seconds are in 76 minutes
Kipish [7]

Answer:

4560

Step-by-step explanation:

Well, first we need to understand how different time formats (for lack of a better word) are related in terms of seconds.

1 minute has 60 seconds

I hour has 3600 seconds

1 day has 86400 seconds

1 week has 604800 seconds

Now, with this information at hand, you can find out how many seconds are in X minutes or X days or X months or a year (and so on).

As for your question, we know that one minute has 60 seconds therefore 76 minutes will have (76x60) seconds

5 0
3 years ago
Read 2 more answers
Other questions:
  • Alice earns a monthly salary of 315 dollars plus a commission on her total sales.last month her total sales were $9640,and she e
    9·1 answer
  • WILL MAKE BRAINLIEST IF YOU BACK UP YOUR ANSWER!
    13·2 answers
  • Compare square inch for 8 inch square and 8 inch round circle
    13·1 answer
  • Brian invests £1500 into his bank account. He receives 2% per year simple interest. How much
    5·2 answers
  • The graphs of f(x) = 10' and its translation, g(x), are
    11·1 answer
  • Answer asap pllsssssss​
    5·1 answer
  • Is triangle sam congruent to triangle fig, if so , identify the similarity postulate or theorem that applies
    13·1 answer
  • The running trail in the local park is 2.826 miles long. If the park board were planning to extend the trail by 1.46 miles, what
    9·1 answer
  • A boat traveled 27 miles. at this rate how many miles would take in 1/2 hour
    5·1 answer
  • HELP PLEEES ASAP i am so lost<br> show your work
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!