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Rama09 [41]
3 years ago
14

what is the final amount of 17.50 that is put into a saving account with 4 annual interest rate compounded yearly for 25 years?

Mathematics
1 answer:
pickupchik [31]3 years ago
6 0
To find the total amount, you will use the formula for finding compounded interest.  This means you will be paid interest on top of the interest you have earned each year.

A = P(1 + r)^nt
P stands for the principal.
r is the interest rate when compounded annually
nt is the number of years

A = 17.50(1 + 0.04)^25
A = $46.65

This person would have $46.65 after 25 years.
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At the city Museum child admission is $5.30 and adult admission is $9.30 on Sunday 146 tickets were sold for a total sales of $1
DerKrebs [107]

Answer:

The number of child tickets is 53

And adult tickets sold out is 93

Step-by-step explanation:

Let the child tickets be x

And the adult tickets be y

x+y = 146 - - - - - - - 1

x= 146-y

5.3x + 9.3y= 1145.80 - - - - - 2

We can substitute x= 146-y in equation 2

5.3(146-y) + 9.3y= 1145.80 - -- 2

773.8 - 5.3y +9.3y = 1145.80

773.8+4y= 1145.80

4y= 1145.80-773.8

4y= 372

y= 372/4

y= 93

We can now substitute y= 93 in equation 1 to find x

x+ 93= 146

x= 146-93

x= 53

Hence

The number of child tickets is 53

And adult tickets sold out is 93

6 0
3 years ago
Mason borrowed 1,200 from a friend to buy a new hot tub, His friend does't charge any interest and mason makes 50 payments eavh
balu736 [363]
You can identify the slope and y-intersept. The slope is 50 and the y-intercept is (0, 1200). You could also do the x-intercept, which would be the number of months passed when he pays off the debt fully. The x intercept would be (24,0)
5 0
3 years ago
Which solid has a greater volume?
vivado [14]

Answer:

C

Step-by-step explanation:

When you find the volume for the cone and cylinder they are both 235.62

6 0
3 years ago
Please help please cfgyy
Alenkinab [10]
3x- 11 +59 = 90
3x + 48 = 90
3x +48-48 =90-48
3x = 42
3x/3 = 42/3
x= 14

<MNQ = 3x -11
<MNQ = 3(14)-11
<MNQ = 42-11
<MNQ = 31
7 0
3 years ago
Which word best describes the slope of the line?
kramer

Answer:

B

Step-by-step explanation:

• A line sloping upwards from left to right has a positive slope

• A line sloping downwards from left to right has a negative slope

The line shown here slopes downwards from left to right, hence has a negative slope → B


6 0
3 years ago
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