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
Aleksandr [31]
4 years ago
8

7900 dollars is placed in an account with an annual interest rate of 5.5%. How much will be in the account after 11 years, to th

e nearest cent.
Mathematics
1 answer:
DochEvi [55]4 years ago
6 0

Answer: The amount that will be in the account after 11 years is $12679.5

Step-by-step explanation:

We would apply the formula for determining simple interest which is expressed as

I = PRT/100

Where

I represents interest paid on the amount invested.

P represents the principal or amount invested.

R represents interest rate

T represents the duration of the investment.

From the information given,

P = 7900

R = 5.5%

T = 11 years

I = (7900 × 5.5 × 11)/100 = $4779.5

The amount that will be in the account after 11 years is

7900 + 4779.5 = $12679.5

You might be interested in
Which author was known as a master of suspense and horror, a respected literary critic, the inventor of the modern detective sto
kherson [118]
<span>Edgar Allan Poe </span><span>was known as a master of suspense and horror, a respected literary critic, the inventor of the modern detective story, and the renowned poet</span>
Final answer: C
6 0
3 years ago
Read 2 more answers
Describe the faces, edges, verticals of each three dimensional figure. Then identify it.
EastWind [94]

When you have to describe a 3D shape you have to keep the following definitions in mind:

<em>1. The face of a 3D shape is a flat surface.</em>

The shape on the picture has 3 rectangular faces and 2 triangular faces, a total of 5 faces.

<em />

<em>2. The edge is where two faces meet.</em>

For the shape on the picture, there are 3 edges, where the rectangular faces meet each other, and then three edges where the rectangular faces meet each of the triangular faces, this shape has a total of 9 edges.

<em>3. The vertex is a corner, where the edges meet.</em>

There are three vertices on each end of the shape, so it has a total of 6 vertices.

A shape that has 5 faces, 9 edges, and 6 vertices is a triangular prism.

6 0
2 years ago
Eleven hundredths in percent
tensa zangetsu [6.8K]
Just move the decimal twice to the right. So 11%
3 0
3 years ago
Read 2 more answers
a baseball diamond is a 90ft square. the mound is 60.5 ft from home plate. how far is it from the mound to first base.
vodka [1.7K]
X=63.7 Feet
Hope this helps.
3 0
3 years ago
What 5.00 times 0.75 equal
xeze [42]
We know that 75=5*5*3 so
5*5*3 times 5=125*3=375 then move the decimal place two places to the left (divide by 100) and get 3.75

or you could note that 0.75=3/4 so
3/4 times 5=
15/4
simplified=3 and 3/4
3 0
3 years ago
Other questions:
  • If you eat 2/3 of a pizza, and are left with 12 slices, how many slices are in 1/2 of the pizza?
    7·2 answers
  • Simplify 3m2 (−6m3 )
    6·1 answer
  • How do geometric shapes relate to exponents?
    15·1 answer
  • I need help!!! Please help ASAP!
    5·1 answer
  • PLEASE HELP; WILL GIVE BRAINLIEST - GEOMETRY
    5·1 answer
  • Solve the system of equations.<br> 3x + 4y = -23<br> x = 3y + 1<br> y =<br> X=
    9·2 answers
  • Can You guys help me on these problems
    15·1 answer
  • Solve for the unknown variable in the following equation: 2a = 4.6
    10·2 answers
  • Colton opened a savings account and deposited $1,000.00 as principal. The account earns 11% interest, compounded annually. What
    12·1 answer
  • Select the correct answer. What is the solution to the equation?<br> *image below*
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!