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ehidna [41]
3 years ago
15

You are planning to invest $500 at 12% compounded annually. How much money would you have after 10,20 and 30 years?

Mathematics
1 answer:
weqwewe [10]3 years ago
8 0

Problem

If you deposit $500 into an account paying 12% annual interest compounded yearly , how much money will be in the account after 10 years?

Result

The amount is $1552.92 and the interest is $1052.92.

Problem

If you deposit $500 into an account paying 12% annual interest compounded yearly , how much money will be in the account after 20 years?

Result

The amount is $4823.15 and the interest is $4323.15.

Problem

If you deposit $500 into an account paying 12% annual interest compounded yearly , how much money will be in the account after 30 years?

Result

The amount is $14979.96 and the interest is $14479.96.

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I need help please! i dont know!
Kaylis [27]

Answer:

there is a 12.5% increase

4 0
2 years ago
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Which ratio is equivalent to 24/56?
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3 years ago
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A circle has a circumference of 6. It has an arc of length 17/3. What is the central angle of the arc, in degrees?
zepelin [54]

Answer:

340 degrees

Step-by-step explanation:

So the key thing here is to notice that we are given the circumference which will allow us to find a value for the radius of the circle and hence the angle subtended by the arc (the central angle).

So the circumference of a circle = 2pi(r)

This means:

6 = 2pi(r)

Which means that

r = 6/2pi or r = 3/pi

Now we can use this value of r to find our angle in conjunction with the value of the arc length. So:

Arc length is defined by: length = θr

Where θ is our angle value.

So lets plug in:

\frac{17}{3} = (angle)\frac{3}{\pi }

Multiply by pi to get:

\frac{17\pi }{3} = 3(angle)

Divide by 3 to get that:

θ = 17pi/9

So if we convert that from radians to degrees we get 340 degrees.

7 0
3 years ago
It was -5 degrees Celsius in Copenhagen and -12 degrees Celsius in Oslo. Which city was colder? *
PtichkaEL [24]

Answer: Oslo was colder

Step-by-step explanation: The other one was -5 and this won is -12 so Oslo is colder!! Hope it helped! :)

8 0
2 years ago
PLEASE HURRYYYYYY
BlackZzzverrR [31]
C) r = T + 25.3 because you isolate the r variable
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