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
igor_vitrenko [27]
3 years ago
8

$1800 is invested at 4% compounded annually. Find the future value of the investment in 5 years. Find the interest that the inve

stment will earn after the term.
Mathematics
2 answers:
harina [27]3 years ago
8 0
5 Years is 1800x1.04^5 = 2189.98
Interest is 389.98
Ivanshal [37]3 years ago
7 0

Answer: the interest that the investment will earn after the term is $38.97


Step-by-step explanation:

1,800 x .04 x 1/2 = 36<u> (interest earned after 1 year)</u>

1,800 + 36  = 1,836

1,836 x .04 x 1/2 = 36.72 <u>(interest earned after 2 years)</u>

1,836 + 36.72 = 1,872.72

1,872.72 x .04 x 1/2 = 37.4544 -> 37.45 <u>(interest earned after 3 years)</u>

1,872.72 + 37.45 = 1,910.17

1,910.17 x .04 x 1/2 = 38.2034 -> 38.20 <u>(interest earned after 4 years)</u>

1,910.17 + 38.20 = 1,948.37

1,948.37 x .04 x 1/2 = 38.9674 -> 38.97 <u>(interest earned after 5 years)</u>




You might be interested in
What’s the writing in the form of a/b: -16 *
Jobisdone [24]

Answer:

  -16/1

Step-by-step explanation:

-16 in the form a/b can be written as -16/1.

7 0
3 years ago
a cylindrical bucket has a radius of 6 inches and a height of 18 inches. What is the minimum number of buckets of water needed t
ivanzaharov [21]

Answer:

Minimum 7 buckets of water is needed to completely fill spherical storage tank.

Step-by-step explanation:

We are given the following in the question:

Cylindrical bucket:

Radius, r = 6 inches

Height = 18 inches

Volume of bucket = Volume of cylinder

V = \pir^2 h \\V = 3.14\times (6)^2\times 18\\V =2034.72\text{ cubic inches}

Spherical storage tank:

Radius, r = 15 inches

Volume of tank = Volume of sphere =

V =\dfrac{4}{3}\pi r^3\\\\\V = \dfrac{4}{3}\times 3.14\times (15)^3\\\\V = 14130\text{ cubic inches}

Number of baskets required =

n = \dfrac{\text{Volume of tank}}{\text{Volume of bucket}}\\\\n =\dfrac{14130}{2034.72} = 6.94 \approx 7

Thus, minimum 7 buckets of water is needed to completely fill spherical storage tank.

5 0
3 years ago
Joe has 16 pounds of fertilizer for his three gardens. He uses 8/3 of the fertilizer in his first garden and 1/4 of the fertiliz
Natasha2012 [34]

Answer:

3/8

Step-by-step explanation:

3 0
3 years ago
F almonds sell for $1.20 per pound, and walnuts sell for $.75 per pound, how many pounds of each must be used to make 45 pounds
lukranit [14]

Answer:

Option A.) 20 pounds of walnuts and 25 pounds of almonds is correct.

Step-by-step explanation:

i) let x be the the number of pounds of almonds

ii) let y be the number of pounds of walnuts

iii) therefore x + y = 45 pounds of the mixture

iv) 1.2x + 0.75y = 1.00 \times 45 = 45

v) Multipling equation in iv) by 4 we get

  4.8x + 3y = 180

vi) multiplying equation in iii) by 3 we get

     3x + 3y = 135

vii) subtracting equation vi) from equation v)  we get 1.8x = 45

ix) therefore we get x = 45/1.8 = 25 pounds of almonds

x) therefore 25 + y = 45  .... substituting value of x from ix) in iii) we get

   therefore y = 20 pounds of walnuts

Therefore option A.) 20 pounds of walnuts and 25 pounds of almonds is correct.

7 0
3 years ago
hannah's school hosted a book donation. there are 150 students at her school, and they donated b books! hannah donated 3 times a
MArishka [77]
3b=150 should be the answer.
8 0
3 years ago
Read 2 more answers
Other questions:
  • Bonnie will buy up to 200 paper cups for a party. she found a store that sells paper cups in packages of 25. the function c(p)=2
    6·1 answer
  • How to add and subtract polynomials<br>​
    13·1 answer
  • Joana spins the spinner 10 times. She spins green 4 times. What is the experimental probability that Ana will spin green on the
    8·1 answer
  • Dawn has 5/6 yard of lace. she uses 4/5 of it for a dress and the rest for a jewel box. how much ove does she use for the jewel
    6·1 answer
  • Partial products for 315 4
    6·1 answer
  • What is 67 sec and 76 minuts equal to
    13·2 answers
  • What is 0.5×(-0.6) ×0.4= and pls show how​
    11·1 answer
  • Kim will paint all the faces of the outside of the storage trunk when it is closed. How many square
    8·1 answer
  • C.P.=Rs 400, LOSS=5%, S.P=Rs X, S.P.=C.P.-5% OF C.P, FIND S.P. (STEP BY STEP PLZ)​
    7·1 answer
  • Can someone help me?!
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!