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3 years ago

$35,000 at 4% for 5 years calculate the compound interest

Mathematics

1 answer:

hodyreva [135]3 years ago

3 0

Answer:

$42582.852

Step-by-step explanation:

To calculate this you would first need to convert 4% into a decimal.

To do this you would divide 4 by 100, this gives you 0.04. Then you would add 0.04 to 1, This gives you 1.04. Then you would multiply 35000 by 1.04 to the power of how many years, in this case it is 5.

1) Convert 4% into a decimal.

$4/100=0.04$

2)Add 1 to 0.04.

$1+0.04=1.04$

3) Multiply 35000 by 1.04 to the power of 5.

$35000*1.04^{5} =42582.852$

4) The compound interest is $42582.852

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1. Solve this problem: –282 – (+1,017) = ? A. 735

Vikki [24]

The correct answers are:

(1) (Option B) -1299

(2) (Option A) -2

(3) (Option A) b < 13

(4) (Option D) m = 5

(5) (Option D) 6

(6) (Option B) 2

(7) (Option A) p > 11

(8) (Option B) x = 6

(9) (Option A) h < –9

(10) (Option B) C = D ÷ AB

(11) (Option B) y = –45

(12) (Option A) y = 11

(13) (Option D) q = 13

(14) (Option A) M = K/LN

(15) (Option C) h = 63

(16) (Option C) –3p + 11

(17) (Option C) $10\frac{1}{4}$

(18) (Option D) y = 31

(19) (Option D) R = E ÷ I

(20) (Option B) y = 4

Explanations:

(1) The Given Expression:

-282 - (+1017)

= -282 - 1017

= -1299 (Option B)

(2) The total balance = $35

One check = $10

Three checks = 3 * $9 = $27

Balance now = Total balance - One check + Three check = $35 - $10 - $27 = -2 (Option A)

(3) The given expression:

3b – 7 < 32

Add 7 on both sides:

3b -7 + 7 < 32 + 7

3b < 39

Divide by 3 on both sides:

$\frac{3b}{3}$

b < 13 (Option A)

(4) The given expression:

4m + 9 + 5m – 12 = 42

9m = 42 + 12 - 9

9m = 45

Divide both sides with 9:

$\frac{9m}{9} =\frac{45}{9} \\ m=5$

The correct answer is m=5 (Option D)

(5) The given expression:

13 + (–12) – (–5)

= 13 - 12 + 5

= 6 (Option D)

(6) Mathematically, we can write "four times a number plus 3 is 11" as:

4x + 3 = 11

Where,

x = The number we require

4x = 11 - 3

4x = 8

x = 2 (Option B)

(7) The given expression:

12p + 7 > 139

Subtract 7 on both sides:

12p + 7 - 7 > 139 -7

12p > 132

Divide 12 on both sides:

$\frac{12p}{12} >\frac{132}{12}$

p > 11 (Option A)

(8) The given equation:

7x = 42

Divide the equation with 7 on both sides:

$\frac{7x}{7} =\frac{42}{7}$

x = 6 (Option B)

(9) The given expression:

9h + 2 < –79

Subtract 2 on both sides:

9h + 2 - 2 < -79 - 2

9h < -81

h < -9 (Option A)

(10) The given equation:

D = ABC

Now divide both sides with AB on both sides:

$\frac{D}{AB} =\frac{ABC}{AB} \\ C =\frac{D}{AB}$

Hence C = D ÷ AB (Option B)

(11) Given equation:

$\frac{y}{9} + 5 = 0$

Subtract 5 on both sides:

$\frac{y}{9} +5 -5 = 0 -5$

y = -5*9 = -45

y = -45 (Option B)

(12) Given equation:

12y = 132

Divide both sides by 12:

$\frac{12y}{12} =\frac{132}{12}$

y = 11 (Option A)

(13) The given equation:

3q + 5 + 2q – 5 = 65

5q = 65

Divide both sides with 5 and simplify:

q = 13 (Option D)

(14) Given formula:

K = LMN

To find M, divide both sides with LN:

$\frac{K}{LN} =\frac{LMN}{LN} \\ M = \frac{K}{LN}$

Hence the correct answer is $M = \frac{K}{LN}$ (Option A)

(15) Given formula:

h/9 = 7

Multiply both sides with 9:

h = 7 * 9

h = 63 (Option C)

(16) Given expression:

4p + 9 + (-7p) + 2

4p + 9 -7p +2

-3p + 11 (Option C)

(17) The given formula:

16y = 164

Divide both sides with 16:

$\frac{16y}{16} =\frac{164}{16} \\ y = 10\frac{1}{4}$

Hence the correct answer is (Option C) $y = 10\frac{1}{4}$

(18) Given equation:

4y + 228 = 352

Subtract both sides with 228:

4y + 228 - 228 = 352 - 228

4y = 124

Divide both sides by 4 and simplify:

y = 31 (Option D)

(19) The given formula:

E = IR

To find R, divide both sides with I:

R = E ÷ I (Option D)

(20) Given equation:

6y - 20 = 2y - 4

=> 6y - 2y = -4 + 20

=> 4y = 16

Divide both sides with 4 and simplify:

y = 4 (Option B)

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