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
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}

You might be interested in
Each time you add the interior angles of a triangle, the sum is always 180 degrees. Therefore, you conclude that the sum of the
levacccp [35]

Answer:

This explains triangle sum theorem

Step-by-step explanation:

Which States that the sum of interior Anglea of a triaiare always 180°

3 0
3 years ago
At noon the temperature on Jessica's porch was 75degreeF. Then the temperature dropped d degrees. By midnight, the temperature o
Trava [24]
75-d=65 is the answer i think
4 0
2 years ago
Read 2 more answers
What is the height, in feet, of the portion AB of the lamp post?
sineoko [7]
AB=h can be found with 

tan 60° =AB / AC, and AB=h= tan60° x AC
h= 14*  1.73=24.24
4 0
3 years ago
A car requires 22 liters of petrol to travel a distance of 259.6 km. Find the amount that the car owner has to pay to travel a d
podryga [215]

Answer:

Step-by-step explanation:

22 liters of petrol to travel 259.6 km

1litres will travel 259.6/22 km

1litres will travel 11.8km

:2013.2km needs 2013.2/11.8litre

:2013.2km needs 170.61litres

And 1 liter of petrol costs $ 1.99

So 742.88 litres will cost $1.99×170.61

= $339.51

6 0
3 years ago
Read 2 more answers
How do you find a side length of a cube with the surface area of one face (64cm)
jasenka [17]
Fact #1:
A cube has six faces.

Fact #2:
Every one of them has the same area.

Fact #3:
The surface area of each face is (the length of the cube's side)²

Now that I look at this one more carefully, the only thing you need to know
to solve it is Fact #3.  (But you can keep the others and save them for later.)

The surface area of each face is (the length of the cube's side)²

64 is the (length of the cube's side)²

Can you find a number that gives you 64 when you multiply it by itself ?
That's the length of the cube's side.

Hint: If you don't get ' 8 ', work on it a little more.

7 0
2 years ago
Other questions:
  • What is the equation of the line that passes through (4, 2) and is parallel to 3x – 2y = -6?
    10·1 answer
  • Niall owes $187 to his cousin. However, he doesn't have any money right now. He hopes to earn some money by painting a house. He
    15·2 answers
  • in a bag of marbles you have three green, two yellow, six blue, and nine red marbles. what is the probability of picking a yello
    15·1 answer
  • How many arrangements of three digits can be formed from the digits zero through nine
    6·1 answer
  • How would -35.64 be classified
    5·1 answer
  • What is the equation?
    9·1 answer
  • A fluid has density 860 kg/m3 and flows with velocity v = z i + y2 j + x2 k, where x, y, and z are measured in meters and the co
    13·1 answer
  • Simplify the expression.<br> 7x2 + 3 - 5(x2 - 4)<br> 2x2-17<br> 2x2-1<br> 2x2 + 23<br> 25x2
    5·1 answer
  • 2. Find the product using any property 4x7649x25.<br><br>​
    12·1 answer
  • Suppose f(x) = x2 and g(x) = 5x? Which statement best compares the graph
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!