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
lina2011 [118]
3 years ago
13

You invest $720 in an account that has an annual interest rate of 6.2%, compounded semiannually. How much money will be in the a

ccount after 5 years? Round your answer to the nearest whole number and include units.
Show all work.
Mathematics
1 answer:
Daniel [21]3 years ago
3 0
The appropriate formula is
  A = P(1 +r/n)^(nt)
where P is the amount invested (720)
  r is the annual interest rate (0.062)
  n is the number of compoundings per year (2)
  t is the number of years (5)

Filling in the given numbers, you have
  A = $720·(1 + .062/2)^(2·5)
  A = $720·1.031^10
  A ≈ $977

After 5 years the account will hold $977.
You might be interested in
Which value of x will make the triangles similar by the SSS similarity theorem
masha68 [24]

Answer:

x = 30.

Step-by-step explanation:

For the triangles to be similar corresponding sides must be in the same ratio.

So 50/ 75 = x / 45

75x = 50*45

x = 50* 45/75

= 2 * 45 / 3

= 30.   (answer).


4 0
3 years ago
Your friend wants to sell painted rocks. He spends $10.00 on startup costs, and each painted rock costs him $0.75 to make. A sto
igomit [66]

Answer:

10 rocks

Step-by-step explanation:

The cost on startup is $10 and each painted rock cost around $0.75 to make. A store pays startup cost and buy painted rocks for $0.75 each there no profit because the cost price and selling price is the same.

3 0
2 years ago
How do you translate "Nine more than twice a number, w." as a variable expression.​
ryzh [129]
9+2w
hopefully this helps!!
5 0
2 years ago
Solve for M in the formula S= C+M. <br> A. M= S+ C<br> B. M= S - C<br> C. M= SC<br> D. M= s/c
Effectus [21]

Answer:

im pretty sure its a

Step-by-step explanation:

4 0
3 years ago
Jose and Franco were playing a video game if Jose score 782,076 points and Franco scored 811,968 point what is the difference be
posledela

Answer:

29,892

Step-by-step explanation:

811,968-782,076

7 0
3 years ago
Other questions:
  • Let a4+a8+a12+a16=224. Find the sum of first 19 term in sequence.
    13·1 answer
  • Two number cubes are rolled for two separate events: 
    7·1 answer
  • Angle BAC is congruent to angle DCA then BAC = DCA by ?
    8·1 answer
  • A construction crew needs to build a road that will be 20 miles long. The crew already completed a stretch that is 6.44 miles lo
    5·2 answers
  • A baker has 24 sesame bagels and 36 plain bagels to put into boxes each box must have the same number of each type of bagel what
    9·1 answer
  • 5x + 4y +3z = 14 x = 3z -22 z = 6 What is the y-value of the solution?
    9·1 answer
  • What is the sum of the following equatiioin? 10x+20y+5x=?
    13·2 answers
  • Terrell is planning a trip he begins looking for plane tickets on Monday the cost is $415.65 the website alerts fin that prices
    8·1 answer
  • Create a system of equations
    10·1 answer
  • Work out angle bxc. give a reason for each angle you work out
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!