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
Misha Larkins [42]
2 years ago
11

How much compound interest will $50,000 earn in 10 years at 3.4% APR compounded yearly, providing no deposits or withdrawals are

made? Hint: Use the formula A = P(1.00 + r)n.
$19,851.44
$63,970.00
$13,970.29
$69,851.44
Mathematics
1 answer:
Otrada [13]2 years ago
7 0

Answer:

$19,851.44

Step-by-step explanation:

A = 50,000(1.00 + 0.034)^10

=  $69,851.44

= 69,851.44 - 50,000

= $19,851.44

You might be interested in
Need help to write equations for 5, 6 & 7
Softa [21]
6)
A quadratic function has the form
y = ax^2 + bx + c

Use point (3, 5) in the equation above:

5 = a(3^2) + 3b + c
5 = 9a + 3b + c
9a + 3b + c = 5     Equation 1

Use point (4, 3) in the equation above:

3 = a(4^2) + 4b + c
16a + 4b + c = 3    Equation 2

Use point (5, 3) in the equation above.

5 = a(5^2) + 5b + c
25a + 5b + c = 5       Equation 3.

Now solve the system of equations of equations 1, 2, and 3 to find the coefficients, a, b, and c.

9a + 3b + c = 5
16a + 4b + c = 3
25a + 5b + c = 5

Subtract the first equation from the second equation.
Subtract the second equation from the third equation.
You get
7a + b = -2
9a + b = 2

Subtract the first equation above from the second equation to get.
2a = 4
a = 2

Substitute:
7a + b = -2
7(2) + b = -2
b = -16

9a + 3b + c = 5
9(2) + 3(-16) + c = 5
18 - 48 + c = 5
c - 30 = 5
c = 35

The equation in standard form is

y = 2x^2 - 16x + 35

We can find it in vertex form:

y = 2(x^2 - 8x) + 35

y = 2(x^2 - 8x + 16) + 35 - 32

y = 2(x - 4)^2 + 3
3 0
3 years ago
Complete the pattern 1,2,4,8___and __and __
dezoksy [38]

Answer:

complete the pattern 1,2,4,8, 10 and 12 and 14

4 0
2 years ago
Read 2 more answers
What is the value of the underlined digit?
blondinia [14]

Answer:

i think is ten million (B)

Step-by-step explanation:

4 0
2 years ago
Read 2 more answers
Mr. Roseanne will buy 12 1/2 pounds beef for for a cookout. The price for the first 3 pounds of beef is $4.99 per pound. After t
Yuri [45]

Answer:

As per the statement:

Mr. Roseanne will buy 12\frac{1}{2} pounds beef for for a cookout.

⇒ Weight of the beef he buy = \frac{25}{2} pounds.

It is given that:

The price for the first 3 pounds of beef is $4.99 per pound.

then;

the price for 3 pounds he will pay= 3 \times 4.99 =\$ 14.97

After that, the price is $4.49 per pound.

Remaining weight of beef left  = \frac{25}{2} -3 = \frac{19}{2} pounds.

then;

the price of \frac{19}{2} pounds he will pay = \frac{19}{2} \times 4.49= \$42.655

now, total money he will pay for the 12\frac{1}{2} pounds beef = 14.97+42.655 = \$57.625

Therefore, $57.625 will Mr. Roseanne pay for the beef


4 0
3 years ago
Create an equation and solve. The cost of a concert ticket for a student is $2 less than one half of the cost for an adult. The
Sonja [21]

Answer: a=14

Step-by-step explanation:

Equation: 5=1/2a-2

7 0
2 years ago
Other questions:
  • How would you know if these 2 triangles are similar or not
    5·1 answer
  • 80% of blank games is 32 games
    15·2 answers
  • HELP!
    9·1 answer
  • What is the answer to 8 - 3 14/15.show work
    14·1 answer
  • If the slope is -2 and the y-intercept is -5, then the linear equation is y = -2x - 5.
    6·1 answer
  • If the circumference of a circle is x, then what is the area of the circle in terms of x?
    6·1 answer
  • What is the equation of the line that passes through (-1,-4) and (-2,-1)
    15·1 answer
  • What is the slope of the line that passes through the points (−4,−3) and (14,0)?
    12·1 answer
  • The tree diagram represents an
    6·1 answer
  • Help me with this pls!!!
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!