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
Zepler [3.9K]
3 years ago
12

1. If you deposit $6500 into an account paying 8% annual interest compounded monthly, how much money will be in the account afte

r 7 years? Compare this to the amount you would have in the account with simple interest.
Mathematics
2 answers:
ValentinkaMS [17]3 years ago
8 0
After 7 years there will be $11358.24 in the account.
Daniel [21]3 years ago
4 0

Answer:

After 7 years $11,358.24 in the account

Step-by-step explanation:

FV=6500(1+\frac{0.08}{12})^1^2^(^7^)\\FV=6500(1.00666666)^8^4\\FV=6500(1.747422051)\\FV=11358.24

You might be interested in
Will give branlliest<br><br><br>Solve the following proportion plz: <br>a. 18 = 8 72 <br>​
LUCKY_DIMON [66]

Answer:

1:48.44....

Step-by-step explanation:

872/18=48.44

Just plug it into a calculator

5 0
3 years ago
Round 39.472 to the nearest tenth​
MrRissso [65]
The answer is 39.470 because 39.472 is far from 39.450 and it’s 2 numbers passed 39.470.
3 0
3 years ago
the value of a car decreases by 20 percent each year. Mr. sing purchases a 22,000 automobile. What is the value of the car at th
Umnica [9.8K]

Answer:

Step-by-step explanation:

13,200

8 0
3 years ago
Read 2 more answers
Opportunity to get Brainliest! I will put various questions and will mark BRAINLIEST!
Hatshy [7]

Answer:

parallel

Step-by-step explanation:

Parallel lines have equal slopes.

Calculate the slopes m using the slope formula

m = \frac{y_{2}-y_{1}  }{x_{2}-x_{1}  }

with (x₁, y₁ ) = (- 1, 2) and (x₂, y₂ ) = (2, 3)

m = \frac{3-2}{2+1} = \frac{1}{3}

Repeat with (x₁, y₁ ) = (0, 0) and (x₂, y₂ ) = (3, 1)

m = \frac{1-0}{3-0} = \frac{1}{3}

Since slopes are equal then parallel

4 0
3 years ago
Is A’B’C’ congruent to ABC explain why or why not
Pachacha [2.7K]

Answer:

Is there a picture?

Step-by-step explanation:

please add a picture. You can also see if the transition is congruent by counting

3 0
3 years ago
Other questions:
  • PLEASE HELP ASAAAPPPPPP
    11·1 answer
  • Find the midpoint of the line segment joining the points (10, 13) and (−7, 7).
    11·1 answer
  • A grocery store donated 60 dozen hot dog rolls to the local Youth Baseball League for their Opening Day ceremonies. A total of 6
    10·2 answers
  • 10. Sevi wants to save to buy a guitar. The guitar costs $900. Sevi has $150 3 points
    5·1 answer
  • U
    9·2 answers
  • What is the surface area of the rectangular prism ?
    12·1 answer
  • (7, -1) and (21,-5)<br> What is the slope
    5·1 answer
  • PLZ HELP QUICK!!!
    15·2 answers
  • I need help!!!!! Again
    12·1 answer
  • A pet store has 58 pounds of dry dog food in stock. This is about 7 times the number of pounds of dry cat food that the store ha
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!