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Anon25 [30]
3 years ago
9

You invest $1,300 in an account that has an annual interest rate of 5%, compounded annually. How much money will be in the accou

nt after 10 years? Round your answer to the nearest whole number.
Mathematics
2 answers:
KIM [24]3 years ago
7 0

Answer:

A=Pe^rt

P= princible (1300)

e= (2.71828)- function on a graphing calculator

r = interest rate (.05 or 5%)

t = time (10 years)  

A = 1300e^.05(10)

A = 1300e^.5

A = 2143.337652

A = 2143

LenaWriter [7]3 years ago
6 0

\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$1300\\ r=rate\to 5\%\to \frac{5}{100}\dotfill &0.05\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{annually, thus once} \end{array}\dotfill &1\\ t=years\dotfill &10 \end{cases}

\bf A=1300\left(1+\frac{0.05}{1}\right)^{1\cdot 10}\implies A=1300(1.05)^{10}\implies \stackrel{\textit{rounded up}}{A=2118}

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Answer:

The second one

Step-by-step explanation:

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2 years ago
Liv made punch by mixing 2.8 liters of orange juice, 0.75 liter of pineapple juice,
lana [24]

Answer:

0.95 liter in each container

Step-by-step explanation:

Orange juice=2.8 liters

Pineapple juice=0.75 liter

Ginger ale=1.2 liters

If Liv mix the three ingredients above to make punch and he split the punch into 5 containers, how much punch will be in a container.

Firstly,

Add the three ingredients together.

We have,

2.8 + 1.2 + 0.75=4.75 liters

Next is to divide the total liters by 5

That is,

4.75/5=0.95 liter

6 0
3 years ago
Read 2 more answers
A jackets original price is $65.00 .It is on sale for 40% off. you have to pay 5% sales tax What is the final price fir the jack
lesya [120]
Hello!

There is a discount of 40%, which means that we will be subtracting 40% of the price, and then sales tax is basically additional money added to the price, so we will be adding that. 

65.00 * 40% = 26

65.00 - 26 = 39

So, the discounted price is $39. Now we must add tax on that. 

39 * 5% = 1.95

39 + 1.95 = 40.95

The final price of the jacket is $40.95. 
7 0
3 years ago
A nest of ants has been growing exponentially in such a way that its population, P, as a function of w weeks is given by P(w)=24
Hunter-Best [27]

Answer:

0.9%

Step-by-step explanation:

Given that:

A nest of ant is represented by the exponential growth function :

P(w)=24,000(1.063)^w

Where w = number of weeks

Recall :

Growth function is generally represented as :

P(t) = A(1 + r)^t

Where ; A is the initial population figure; r = growth rate and t = time

Hence, the growth rate per week of the function given is :

(1 + r) = 1.063

r = 1.063 - 1

r = 0.063

Number of days in a week = 7

Hence, growth rate per day = r /7

0.063 / 7

= 0.009

(0.009 * 100%) = 0.9%

8 0
3 years ago
A metalworker has a metal alloy that is 15​% copper and another alloy that is 60​% copper. How many kilograms of each alloy shou
coldgirl [10]

18 kg of 15% copper and 72 kg of 60% copper should be combined by the metalworker to create 90 kg of 51% copper alloy.

<u>Step-by-step explanation:</u>

Let x = kg of 15% copper alloy

Let y = kg of 60% copper alloy

Since we need to create 90 kg of alloy we know:

x + y = 90

51% of 90 kg = 45.9 kg of copper

So we're interested in creating 45.9 kg of copper

We need some amount of 15% copper and some amount of 60% copper to create 45.9 kg of copper:

0.15x + 0.60y = 45.9

but

x + y = 90

x= 90 - y

substituting that value in for x

0.15(90 - y) + 0.60y = 45.9

13.5 - 0.15y + 0.60y = 45.9

0.45y = 32.4

y = 72

Substituting this y value to solve for x gives:

x + y = 90

x= 90-72

x=18

Therefore, in order to create 90kg of 51% alloy, we'd need 18 kg of 15% copper and 72 kg of 60% copper.

6 0
2 years ago
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