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
Arte-miy333 [17]
2 years ago
15

Nicolas has $6,500 to deposit into an account which earns 3.25% interest compounded annually. How interest will he have earned a

t the end of 8 years.
Mathematics
1 answer:
Rasek [7]2 years ago
8 0

Answer:

The interest earned at the end of 8 years is $1895.25

Step-by-step explanation:

Applying the compound interest formula we have A = P(1+r)^t

A, final amount =?

P initial principal balance= $6,500

r, interest rate =3.25%

t, number of time periods =8 years

Substituting our given data we

A= 6500(1+3.25/100)^8

A=6500(1+0.0325)^8

A=6500(1.0325)^8

A=6500*1.2915775353

A=8395.25

Interest = final amount - principal

Interest =8395.25-6500

Interest = $1895.25

You might be interested in
A manufacturer estimates that the average worker can assemble products according to the function P(t)=8.47t+10t+6 where t ≥ 0 ,
Snowcat [4.5K]

Answer:

24

Step-by-step explanation:

We are given an equation that estimates how many products can an average worker assemble per hour. To obtain that value we have to insert <em>t, </em>which represents how many weeks the worker is employed. We are said that the worker just started working, so the number of weeks he is employed is 1, ie. <em>t </em>= 1. If we insert that into the equation we obtain:

P(1) = 8.47*1+10*1+6

      = 8.47+10+6

      = 24.47

Therefore, the worker produces 24.47 products per hour. We will round that number and then we get the answer that the worker produces 24 products per hour.

3 0
3 years ago
Will Mark brainliest Please check my answer &gt;.&lt;
OLga [1]
Can u let me know when someone answers this, I have this same question
8 0
2 years ago
You measure a piece of rope and find its length to be 12m. Find the percent error of this measurement. Round to the nearest hund
guapka [62]
I want to say about 15 %
7 0
3 years ago
V²=u²+2as make u as the subject <br><br>​
yKpoI14uk [10]

Answer:

u as the subject of the given formula is, u = \sqrt{v^{2}-2as }

Step-by-step explanation:

Given;

v² = u²+2as

To make u the subject of the formula, the following steps are taken;

v² = u²+2as

v²  - 2as = u²

take the square - root of both sides of the equation;

\sqrt{u^{2} } = \sqrt{v^{2}-2as } \\\\u = \sqrt{v^{2}-2as }

Thus, u as the subject of the given formula is, u = \sqrt{v^{2}-2as }

5 0
3 years ago
Find the area of 6,4,15 help please
ra1l [238]

Answer:

Ps. don't  show your link next time becuase if you look up sequin you get TEXAS. answer is 360

Step-by-step explanation:

multiply one at a time

4 0
2 years ago
Other questions:
  • Solve 1/2n +3 &lt; 5.<br> Which graph shows the solutions?<br><br> I WILL GIVE BRAINLY
    9·2 answers
  • How do I find the domain and range of the function and how can I tell if it's discreet or continous?
    12·1 answer
  • Please help :) meeeeeeeeeeee
    13·2 answers
  • At a math league contest there was 24 girls and ten boys what is the ratio of girls to boys
    13·2 answers
  • Will mark BRAINLIEST for anyone that answers
    5·1 answer
  • How do I find the value of x so f(x)=7
    9·1 answer
  • Frankie was practicing for a 5 kilometer race his normal time is 31 minutes and 24 seconds but yesterday he took 29 minutes and
    5·1 answer
  • What is the value of x
    5·1 answer
  • PLS HELP ILL GIVE YOU FREE PIONTS AND BRAINLEST PLSSS
    11·2 answers
  • H = 5 ft
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!