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Thepotemich [5.8K]
4 years ago
11

1. Yousaf deposits $5000 in a savings account at his local bank. The account pays 5.5 % interest compounded annually. At the end

of 6 years, how much will he have in his account?
Mathematics
1 answer:
irina [24]4 years ago
4 0

Answer:

I think its $6894.21

Step-by-step explanation:

compound interest formula: A= P(1+ r/n)^nt

A= 5000(1+ 0.055/1)^1(6)

A= 6894.21403

A= $6894.21

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A swearer cost $20 but the price was reduced to $ 12 what was the price after the price was reduced
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3 years ago
How is the quotient of 3,419 and 11 determined using an area model? Enter your answers in the boxes to complete the equations. 3
Ipatiy [6.2K]

The quotient of 3,419 and 11 is 310.81.

<h3>How to illustrate the information?</h3>

It should be noted that from the information given, we are to find the quotient of 3,419 and 11 determined using an area model.

It should be noted that this simply means the division of the values given. This will be:

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