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
Luda [366]
3 years ago
5

Allie deposited $80 in a savings account earning 10% interest, compounded annually. To the nearest cent, how much will she have

in 2 years?
Mathematics
1 answer:
77julia77 [94]3 years ago
5 0

Answer: $96.8

Step-by-step explanation:

Formular for Compounding annually :

A =P ( 1 + r/n) ^nt

Where p is the Principal given as $80

r is the rate given as 10% = 10/100 = 0.1

n is the number of times the principal was compounded, given as 1

t is the time, given as 2 years:

Slot the values into the formula:

A= $80 ( 1 + 0.1/1) ^ (1 × 2)

A= $80 ( 1 + 0.1) ^2

A= $80 ( 1.1) ^2

A= $80 (1.21)

A= $80 x 1.21

A= $96.8

96.8 is already rounded to the nearest cent.

You might be interested in
Graph the function below:<br> y = 32 +1
sveta [45]
Slope: 0 | Y intercept 0, 33
7 0
3 years ago
Maria said the 4 in 400,000 has a value of 400 is maria correct explain
AlladinOne [14]
No Maria is wrong because if you look at placement value you would see 4 is in the one hundred thousands place.
5 0
3 years ago
Read 2 more answers
A family buys airline tickets online. The family buys travel insurance that costs ​$ per ticket. The total cost is ​$. Let x rep
Nookie1986 [14]

Answer:

One ticket equals $169

Step-by-step explanation:

The family buys 4 airline tickets online.

The travel insurance costs $19 per ticket.

The total cost is $752.

A.

An equation that models this problem could be

Basically, we know that the insurance costs $19 which represents an additional costs after the price per ticket, that's why we need to add them. Then, we know that the familiy bought 4 tickes, that's why we multiply by 4, and finally, the total cost must be equal to 752, according to the problem.

B.

To find the price of one ticket, we just need to solve the equation for

Therefore, one ticket costs $169.

5 0
3 years ago
What is the distance between the two points loacted at 3 , 8 and 10 , 8
damaskus [11]

Answer:

Step-by-step explanation:

d=(10-3)^2+(8-8)^2=(7)^2+(0)^2=49

since it is in radical the the answer is 7

4 0
3 years ago
Read 2 more answers
If polygon ABCD is translated 4 units to the right, in which quadrant will vertex C be?
Stella [2.4K]
Original position:
A-(-8,-4)
B-(-6,3)
C-(-3,7)
D-(-2,-2)
Translation:
A'-(-4,-4)
B'-(-2,3)
C'-(1,7)
D'-(2,-2)
Vertex C will be in quadrant 1 (+,+) after being translated 4 unites to the right.
8 0
3 years ago
Read 2 more answers
Other questions:
  • A rectangular laundry hamper is 3 1⁄4 feet tall, 2 1⁄3 feet long, and 1 5⁄6 feet wide. What is the volume of the laundry hamper?
    15·1 answer
  • 7 = 3/9x solve for x
    15·2 answers
  • Draw a line representing the "rise" and a line representing the "run" of the line. State the slope of the line in simplest form.
    12·1 answer
  • (5,-10) and (15,-20). find the equation of this line.
    13·2 answers
  • 3.3.25
    12·1 answer
  • Help i give brainlistttttttt
    12·2 answers
  • WILL MARK BRAINLIEST IF GOTTEN RIGHT
    9·2 answers
  • May I please receive help?
    14·1 answer
  • The slope of the line below is 3. Use the coordinates of the labeled point to
    14·1 answer
  • Do all digits in number 333 have the same value
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!