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
joja [24]
3 years ago
5

Calculate the new balance of an account that has been sitting for three years with a 1.5% interest rate and had an initial depos

it of 5000
Mathematics
1 answer:
maksim [4K]3 years ago
4 0

Answer:

$5225

Step-by-step explanation:

Use the formula for the amount after simple interest: A = P(1 + rt)

"A" is the final amount, or balance.

"P" is the principal, or the starting amount.

"r" is the rate of interest in decimal form.

"t" is the time.

What we know:

P = 5000

t = 3

r = 1.5%

Convert the rate to decimal form by dividing by 100, or moving the decimal place two places to the left.

1.5% => 0.015 = r

Substitute what we know into the formula:

A = P(1 + rt)

A = 5000(1 + (0.015)(3))     <=simplify

A = 5000(1 + 0.045)

A = 5000(1.045)

A = 5225     <= new balance

The new balance of an account is $5225.

You might be interested in
If the radius of a circle with center 0 is 15.5, and the measure of angle AOB is 90, what is the length of arc AB?
Zina [86]

The circumference of the circle is found using the formula C = 2 PI r

Circumference = 2 *PI * 15.5 = 31pi

The angle is 90 degrees, which is 1/4 of a complete circle ( 360 degrees).

The arc length would be 1/4 of the circumference:

Arc length = 31pi / 4 = 7.75PI

3 0
2 years ago
*NEED HELP IMMEDIATELY*
devlian [24]
If arc =AB is equal to arcCD then line AB should equa lineCD
8 0
3 years ago
A group of randomly selected members of Mothers' Club were asked how many kids they have. The table below shows the results of t
Aleksandr [31]

Answer:

C : 54

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
Which piece of additional information can be used to prove △CEA ~ △CDB?
Slav-nsk [51]

<u>Answer-</u>

<em>The correct answer is</em>

<em>∠BDC and ∠AED are right angles</em>

<u>Solution-</u>

In the ΔCEA and ΔCDB,

m\angle BCD=m\angle ACE

As this common to both of the triangle.

If ∠BDC and ∠AED are right angles, then m\angle E=90=m\angle D

Now as

∠BCD = ∠ACE and ∠BDC = ∠AED,

∠DBC and ∠EAC will be same. (as sum of 3 angles in a triangle is 180°)

Then, ΔCEA ≈ ΔCDB

Therefore, additional information can be used to prove ΔCEA ≈ ΔCDB is ∠BDC and ∠AED are right angles.


5 0
3 years ago
Read 2 more answers
Some help me please :( I really need help with this
katrin2010 [14]
First part, in quadrilateral WXYZ, WX is parallel to ZY because both sides are equal while the other parallel segments WZ and XY are equal but different side lengths.

The measure of angle Z is 78 because both of the pictures are the same, only rotated. and angle S and Z are acute.
7 0
3 years ago
Other questions:
  • Suppose 60% of jurors come to a just decision. In a jury of ten people, what is the probability more than half come to a just de
    10·1 answer
  • How do I know when to use addition or subtraction when doing compound event probability?
    12·1 answer
  • Can you give me a dividing problem that has a quotient of 3 and a remainder of 28
    8·1 answer
  • Find the sum and express it in simplest form. (-6b - 2b - 1) + (-2b + 4b)
    7·1 answer
  • Which system of linear inequalities has the point (2, 1) in its solution set?
    11·2 answers
  • Two swimmers start out from opposite ends of a swimming pool(red side and blue side). They cross each other for the first time a
    5·1 answer
  • 10. Tell whether the sequence is arithmetic. If it is, what is the common difference? (1 point)
    12·1 answer
  • Find the area of a rectangle with side lengths 3/5 inch and 5/6 inch
    6·1 answer
  • What are all that apply?​
    13·1 answer
  • Does anybody know this? I really need help.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!