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
Mazyrski [523]
3 years ago
10

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:

<u>Compound interest  formula:</u>

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

<u>To find the amount after 3 years</u>

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
A company makes wax candles in the shape of a cylinder. Each candle has a diameter of 8 inches and a height of 3 inches. How muc
Sveta_85 [38]

Answer:

18,086.4 cubic units

Step-by-step explanation:

The volume of one such cylinder can be computed by multiplying the height by pi by the radius squared: 3×3.14×4²=150.72.

If you want to make 120 candles, multiply that number by 120: 150.72×120=18086.4.

3 0
3 years ago
HOW AM I SUPPOSED TO DO THIS IF YOU DONT KNOW HOW TO DO THIS DONT HELP AN GET ME SOMEONE THAT WILL someone help me
Romashka-Z-Leto [24]
Just take each number in the first table and divide it by the total then x by 100

Eg the first one 24/120 x 100 = 20%
6 0
2 years ago
Which graph is a translation of f(x)=x^2, according to the rule: y=(x-2)^2
nadya68 [22]
I have drawn the graphs.you can get from them,maybe turn left 2

5 0
3 years ago
I really don't get these answers but if you could help me that'll mean a lot thank you for answering my question if you did
mixer [17]
Use KMF (Keep multiply flip) 
keep the first fraction as it is
change sign to multiplication
flip numerator and denominator of last fraction
then finish
6 0
3 years ago
in a class, the ratio of boys to girls is four to three. if there are 20 boys in the class, how many girls are there? process pl
mafiozo [28]
15 i think????jdjdnrndrnrnd

7 0
3 years ago
Other questions:
  • Hanley is putting carpet in her house. She wants to carpet her living room, which measures 15 ft × 12 1/3 ft. She also wants to
    8·2 answers
  • What is the distance between (-5, -6) and (-3. -8)?​
    11·2 answers
  • What is the correct meaning of the word yield?<br> Hehehe
    12·1 answer
  • Traveling at 65 miles per hour, approximately how long will it take for Marcus to drive 310 miles
    6·2 answers
  • What is 9-6n-(-5n)-(-8)
    9·2 answers
  • What is the first step in writing f(x) = 3x2 + 6x – 8 in vertex form?
    11·2 answers
  • Point A, located at (-2, 4), is translated down 6 units. What are the coordinates of A'?
    15·2 answers
  • 1. A scuba diver is swimming around a coral reef 12.25 meters below sea level. He ascends (swims upward) 8.5 meters to look at a
    15·1 answer
  • Please select the word from the list that best fits the definition
    12·2 answers
  • Which of the following equations has one real solution?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!