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allsm [11]
3 years ago
15

vinny invested $25,000 in an account that earns 4.25% simple interest. if vinny doesn't make any additional deposits or withdraw

als, how much interest will he have earned after 9 years?
Mathematics
1 answer:
dimulka [17.4K]3 years ago
4 0
He will have $34,562.50 in his account after 9 years.
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Help really needed! Thank you to whoever helps!
lana66690 [7]
2•2.5=3•-7 I'm not sure honestly that's my best guess
5 0
3 years ago
Which of the following is the balance for a single $3,200 deposit in an account with an APR of 2.6% that compounds interest quar
Flauer [41]

Answer:

FV= 3200(1+\frac{0.026}{3})^{3(6)}=3200 (1.008667)^{54}= 50994.590

Step-by-step explanation:

For this case we can use the formula for the future value with compound interest given by:

FV= P (1+\frac{r}{n})^{nt}   (1)

For this case since the interest is compounded quarterly we have 3 periods each year, since we have 3 quarters in a year.

r represent the rate =0.026

t = 6 represent the number of years

P = 3200 represent the amount invested at the begin

If we apply the formula (1) we got:

FV= 3200(1+\frac{0.026}{3})^{3(6)}=3200 (1.008667)^{54}= 50994.590

So then the balance after 6 years would be approximately 50995 with the conditions provided.

7 0
3 years ago
What is true about 5 x 10
antiseptic1488 [7]
The truth is it equals 50
3 0
3 years ago
Read 2 more answers
Which of the following can be used to calculate the volume of water inside the fish bowl?
Lunna [17]

The volume of a sphere can be calculated as

V=\frac{4}{3}\pi r^3

Where r is the radius of the sphere

We want to calculate half of the volume, then we must divide that volume by 2

V^{\prime}=\frac{1}{2}\frac{4}{3}\pi r^3

Now we must find the radius of our sphere, the segment AB is the diameter of the sphere, and the radius is half od the diameter, then

r=\frac{AB}{2}=\frac{12}{2}=6

Let's put it into our equation

\begin{gathered} V^{\prime}=\frac{1}{2}\left(\frac{4}{3}\right)(\pi)(r)^3 \\  \\ V^{\prime}=\frac{1}{2}\left(\frac{4}{3}\right)(\pi)(6)^3 \end{gathered}

The problem says to use

\pi\approx\frac{22}{7}

Then

V^{\prime}=\frac{1}{2}\left(\frac{4}{3}\right)\left(\frac{22}{7}\right)(6)^3

Final answer:

The formula that can be used to calculate the volume of water inside the fish bowl is

V=\frac{1}{2}\left(\frac{4}{3}\right)\left(\frac{22}{7}\right)(6)^3

8 0
1 year ago
Which of the following statements are true? Select all that apply.
Tom [10]

Answer: The statements in options 2 and 4 are true.

Explanation:

The LCM of two numbers is the smallest number that is multiple of both numbers.

The factor of 8 and 12 are,

8=2\times 2\times 2

12=2\times 2\times 3

Since 2 and 2 are common in both but 2 and 3 are not same, therefore the L.C.M. of 8 and 12 is,

L.C.M.(8,12)=2\times 2\times 2\times 3=24

Therefore the statement in option 1 is incorrect.

The factor of 6 and 9 are,

6=2\times 3

9=3\times 3

Since 3 is common in both but 2 and 3 are not same, therefore the L.C.M. of 6 and 9 is,

L.C.M.(6,9)=2\times 3\times 3=18

Therefore the statement in option 2 is correct.

The factor of 11 and 4 are,

11=1\times 11

4=2\times 2

Since all factor are different, therefore the L.C.M. of 11 and 4 is,

L.C.M.(11,4)=1\times 11\times 2\times 2=44

Therefore the statement in option 3 is incorrect.

The factor of 9 and 10 are,

9=1\times 9

10=2\times 5

Since all factor are different, therefore the L.C.M. of 9 and 10 is,

L.C.M.(9,10)=1\times 9\times 2\times 5=90

Therefore the statement in option 4 is correct.

4 0
3 years ago
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