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olga_2 [115]
3 years ago
11

If $5000 is invested at an interest rate of 3.396 compounded monthly for 10 years, what would be the balance in the account

Mathematics
1 answer:
saul85 [17]3 years ago
6 0

Answer: D

Step-by-step explanation:

Months = 12 x 10 = 120months

100%+3.396%=103.396% / 100 = 1.03396

5000 X (1.03396)^120 = 275054.36

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Pls kinda need help <br> lolol
alukav5142 [94]
I think that the answer is A.
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3 years ago
Eric is comparing the credit scores of his friends. The scores he gathered are found in the table below. 588 838 691 818 846 725
alukav5142 [94]
To solve this, we need to know how to find the mean of a set of data and how to find the median of a set of data.

To find the mean, or often called the average, we should add all of the values up, and then divide it by the number of values.

588+838+691+818+846+725+605+732+750 = 6593
6593/9=732.556

The problem tells us we should round to the nearest point, so our mean credit score is 733.

To find the median, we need to order the data from lowest to highest and find out which credit score(s) are right in the middle. If there are 2 in the middle, we simply should add them and divide by 2 to get our median. An easy way to do this is after you order them, you simply cross off one on each side until there is only 1 (or 2) left.

588 605 691 725 732 750 818 838 846
       605 691 725 732 750 818 838
              691 725 732 750 818
                     725 732 750
                            732

Since we only have one number in the middle, we are done with the median! We know our median is 732.

Now we simply need to compare them and subtract the lower one from the higher one.

Mean:733
Median: 732
733>732

We know the mean is bigger, so we should subtract the median from the mean.

733=732=1

Using the logic above, we can see that the mean is 1 point higher than the median.
8 0
3 years ago
Read 2 more answers
I don’t know how to answer this x.x
gulaghasi [49]

Answer:

2

Step-by-step explanation:

On the first side it shows 5 ones. If you add 5 by 2 it’s 7. Then on the other side it shows 3 X’s. 3x2 is 6. Plus you add that 1 which makes it 7.

Hope this Helps :)

8 0
3 years ago
Read 2 more answers
Help please urgently
Mila [183]

Answer:

B is the variable and A is the numerical coefficient

7 0
3 years ago
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5. The coordinates of the points A and B are (0, 6)
ella [17]
I need to answer two questions to ask again sorry
8 0
3 years ago
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