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
pentagon [3]
3 years ago
11

By what percentage will an amount gro in 10yeare if it is invested at 5% p.a. compounded monthly​

Mathematics
1 answer:
lora16 [44]3 years ago
4 0

Answer:

64.7%

Step-by-step explanation:

To solve this problem we use compounded interest formula.

a = p(1 + (r \div n))^{nt}

a = amount

p = principle

r = interest rate

n = number of times compounded in a period

t = time period

a = 1000(1 + (.05 \div 12)^{12 \times 10}

a = 1647.01

1647.01-1000 = 647.01

647.01/1000 = 0.64701

0.64701*100% = 64.7%

You might be interested in
Explain how to add 678 + 303 using mental math
zloy xaker [14]

Answer:

You add it in your mind.

Step-by-step explanation:


4 0
3 years ago
Solve.<br><br>10.8 - (-6.4) ×3​
Artist 52 [7]

Answer:

51.6

Step-by-step explanation:

10.8 - -6.4 is 17.2

17.2 x 3 is 51.6

4 0
3 years ago
Read 2 more answers
One third plus one third
ehidna [41]
Two thirds.
1/3 +1/3 = 2/3.
You don’t add the denominator (bottom terms), you only add the numerators (the top terms)
6 0
3 years ago
Find a rational number halfway between 7/8 and 6/7
algol [13]
<h3>Answer: 97/112</h3>

================================================

How to get this answer:

Midpoint formula: (A+B)/2 = C

A and B are the endpoints with C as the midpoint

A = 7/8

B = 6/7

A+B = 7/8 + 6/7

A+B = 49/56 + 48/56

A+B = (49+48)/56

A+B = 97/56

(A+B)/2 = (97/56) divided by 2

(A+B)/2 = (97/56) times (1/2)

(A+B)/2 = (97*1)/(56*2)

(A+B)/2 = 97/112

8 0
3 years ago
Trinh is serving 112 people cake , 5/8ths are getting chocolate how many people will get carrot ?
Novay_Z [31]
Hey! 

If 112 people are getting cake and 5/8 are getting chocolate, that means the remaining will get chocolate.

8/8 - 5/8 = 3/8

3/8 are getting chocolate. You have to find 3/8 of 112.

3/8 × 112 = 336/8 = 42

42 people are getting carrot cake

:)
5 0
3 years ago
Other questions:
  • Mr.George divided his money in the ratio 2:6 between Evan and ricky.Evan got the smaller amount of $420. How much did ricky rece
    9·1 answer
  • Where it the point of concurrency of the angle bisectors of a triangle
    7·1 answer
  • Help ????????!???????????!???????
    6·1 answer
  • What is the area of a parallelogram with a base of 8 m and a height of 6 m?
    12·1 answer
  • if you have an accurate, complete scale drawing and the scale, which measurements of the objects of the drawing can you find
    7·1 answer
  • A 95% confidence is given by (15,20) . The interval is based on a sample of size n=25 .
    8·1 answer
  • 5.4.4 Practice Modeling: Two variable systems of inequalities
    5·1 answer
  • It is claimed that the proportion of people who favor the use of oxygenated fuels year around to reduce air pollution is 60%. A
    15·1 answer
  • How do I find the percentage of filled seats verus non filled seats for a class
    9·1 answer
  • The value of y is directly proportional to x.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!