All categories

3 years ago

If you deposit $540 in an account that pays 6% interest compounded annually how much would be in the account after three years

Mathematics

2 answers:

yawa3891 [41]3 years ago

7 0

Answer:

A=$643.15

Step-by-step explanation:

We can use the formula

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

Now we can plug the information in the problem into the formula

$A=540(1+\frac{0.06}{1} )^{(1)(3)}\\\\A=643.15$

Doss [256]3 years ago

5 0

Answer:

The amount after 3 year = $ 643.15

Step-by-step explanation:

Compound interest formula:

A = P[1 +R/n]^nt

Where A - amount

P - principle amount

R = rate of interest

t - number of times compounded yearly

n number of years

To find the amount after 3 years

Here P = $540, R = 6%, t = 1 and n = 3 years

A = P[1 +R/n]^nt

= 650[1 + 0.06/1]^(3*1)

= 540[1.06]^3

= $ 643.15

You might be interested in

Sara worked 25 hours last week. She was paid the same amount of money per hour that worked. Let h represent Sara's hourly pay. W

barxatty [35]

Answer:

y = 25h

Step-by-step explanation:

y is the total pay she received.

25 is the amount of hours she worked, and h is the hourly pay. If she is paid $10 per hour then she will receive $250 in pay.

3 0

3 years ago

Read 2 more answers

Determine the value of c that will result in a perfect square trinomial. w^2+6w+ c =130+c

Genrish500 [490]

Answer:

The value of c that will result in a perfect square trinomial is (3)^2 or 9

The perfect square trinomial is: $(w+3)^2=139$

Step-by-step explanation:

We need to determine the value of c that will result in a perfect square trinomial.

$w^2+6w+ c =130+c$

Perfect square trinomial are of form: $a^2+2ab+b^2=(a+b)^2$

Now, the equation given is:

$w^2+6w+ c =130+c$

Looking at the term 6w, we can write it as 2(w)(3)

We are given: a = w, 2ab = 2(w)(3) so, b will be: (3)^2

So, we will be adding (3)^2 on both sides

$w^2+6w+ c=130+c\\w^2+2(w)(3)+ (3)^2 =130+(3)^2\\The\:left\:side\:becomes: a^2+2ab+b^2\\We\:can\:write\:it\:as: (a+b)^2\\We\:have\:a=w\: and\: b=3\\(w+3)^2=130+9\\(w+3)^2=139$

So, The value of c that will result in a perfect square trinomial is (3)^2 or 9

The perfect square trinomial is: $(w+3)^2=139$

3 0

3 years ago

Given a cube with a volume of 27 cm3, what is the volume of a square pyramid that can fit perfectly inside the cube?

Artist 52 [7]

It's nine. You rom FLVS too?

6 0

3 years ago

Read 2 more answers

Whats the density of an object with the length of 5.0 cm a height of 3.0 and width of 15.0 cm and a mass of 24 grams

Sphinxa [80]

Answer:

The density of the object is $0.1067$ grams per cubic centimeter. (Rounded off to 4th decimal)

Step-by-step explanation:

Density = [Mass/Volume]

Here we have been given the dimensions of the object.

Volume = Height * Width * Length

Volume = $3.0cm*15.0cm*5.0cm$

= $225cm^{3}$

Now we can substitute the Mass and the Volume to the density equation.

Density = [Mass/Volume]

= $\frac{24grams}{225cm^{3} }$

= $0.1067$ grams per cubic centimeter. (Rounded off to 4th decimal)

4 0

3 years ago

Simplify: (w^3)^8 * (w^5)^5

ludmilkaskok [199]

Answer:

(w^3)^8 * (w^5)^5 = w^49

Step-by-step explanation:

(w^24) * (w^25)

using exponent rule

w^24 • w^25 = w^24+25

w^49

4 0

3 years ago

Read 2 more answers