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
Paha777 [63]
3 years ago
6

$2,500 for 25 years at 2.75% annual simple interest

Mathematics
1 answer:
xxMikexx [17]3 years ago
3 0

Answer:

4,218.75

Step-by-step explanation:

Lets say that P is your starting principal (spelled -pal and not -ple, because Your Money is Your Pal), r is the interest rate (expressed as a decimal), and Y is the number of years you invest. Then your future value will be:

P (1 + rY) (Simple Interest)

P (1 + r)Y (Annually Compounded Interest)

Note the two formulas give the same answer for one year. After that, compound interest takes off.

You might be interested in
Evaluate the expression.<br> 38 +16 - 12 - 2 - (302)<br> Enter your answer in the box.
masha68 [24]

Answer:

-262

Step-by-step explanation:

Evaluate Subtraction & Addition from right to left [or left to right, as long as you know what you are doing]:

38 + 16 - 12 - 2 - 302

|_______||____________|

44 - 316 =  -262

I am joyous to assist you anytime.

5 0
3 years ago
I NEED HELP ASAP!!
Ksenya-84 [330]

Answer:

8 and 2

Step-by-step explanation:

5+3=8

5-3=2

6 0
3 years ago
If the sum of four consecutive numbers is 854, what is the third one?
lukranit [14]

Answer:

214

Step-by-step explanation:

The set up would be x + (x + 1) + (x + 2) + (x + 3) = 854, naturally as the numbers are consecutive. Solving for x:

x + (x + 1) + (x + 2) + (x + 3) = 854,

x + x + 1 + x + 2 + x + 3 = 854,

4x + 1 + 2 + 3 = 854,

4x + 6 = 854,

4x = 854 - 6 = 848,

x = 848/4 = 212

The third number then should be 212 + 2 = 214

7 0
3 years ago
I need help please!
maxonik [38]

Answer:

D..........

Step-by-step explanation:

rgW

4 0
3 years ago
Read 2 more answers
Find the slope of the line 8x – 4y = 8\ (hint: find 2 points; then use the slope formula)
Vera_Pavlovna [14]
8x - 4y = 8

-4y = -8x + 8

y = -8x/-4 + 8/-4

y = 2x - 2,  comparing to y = mx + c, slope m = 2

Slope = 2.
6 0
3 years ago
Other questions:
  • 2x+y=4
    5·1 answer
  • 10. Provide the reasons for the following proof:
    12·2 answers
  • If a barrel has the capacity to hold 75 gallons how many gallons does it contain when it is 3/5 full
    6·2 answers
  • What is the solution to –2(5y – 5) – 3y ≤ –7y + 22?
    10·1 answer
  • Please answer this correctly
    15·1 answer
  • name the lengths of the sides of three rectangles with a perimeter of 12 units use only whole numbers
    8·1 answer
  • Simplify: power with a power 5^8*7^8
    15·1 answer
  • Pls helpppp i don’t understanddd
    15·1 answer
  • The figure is made up of two identical quarter circles and a rectangle. The length of the rectangle is 35 cm and its breadth is
    11·1 answer
  • Write 0.0000000000048 as a multiple of a power of 10.
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!