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
tatiyna
3 years ago
14

Find the amount and and compound interest on 20000 compound annually for 3 years the Tate of interest being 5%,10%and12%respecti

vely
Mathematics
2 answers:
Bond [772]3 years ago
5 0

Answer:1] 23,152.50

              2] 26,620.00

              3] 28,098.56

Step-by-step explanation:

For #1 that one is 20000[1+.05%]*3=23,152.50

For #2 that one is 20000[1+.10%]*3=26,620.00

For #3 that one is 20000[1+.12%]*3=28,098.56

Your welcome

P.S. I did this in my calculator and then I went to Compound Interest Calculator to check my work.

Setler79 [48]3 years ago
4 0

The formula is principal x ( 1+ interest rate)^ number of years

5%:

20,000 x 1.05^3 = $23152.50 total

Interest = 23152.50-20000= $3,152.50

10%

20000 x 1.10^3 = $26,620.00

Interest = 26620-20000 = $6,620

12%

20000 x 1.12^3 = $28,098.56

Interest = 28098.56-20000 = $8.098.56

You might be interested in
Quick math help? Thanks!
denpristay [2]
For
|a|>15
assume
a>15
a<-15

so
x+6>15
minus 6
x>9

x+6<-15
minu 6
x<-21

B is answer
4 0
3 years ago
Read 2 more answers
Show all of your work. Simplify the expression: - 3a + 7 + 5a​
Eva8 [605]

Answer:

2a + 7

Step-by-step explanation:

-3a + 7 +5a

<em>subtract the negative 3 from the 5</em>

2a + 7

4 0
2 years ago
Read 2 more answers
What are the coordinates of the point (-8,5) if it is reflected across the x-axis?
podryga [215]
It is d, -8.-5. I did it on paper
4 0
3 years ago
Read 2 more answers
Math question 2, thanks if you answer.
kirza4 [7]

Answer:

The answer is false and I hope this will help you

7 0
3 years ago
Which of the following rates converts to a unit rate of $12.50 per hour
Veseljchak [2.6K]
What are the following rates?
8 0
3 years ago
Other questions:
  • What is the product? 4k+2/k^2-4*k-2/2k+1
    8·1 answer
  • The sum of a number and 13 divided by 11
    10·1 answer
  • 3/657 using partial quotients
    8·1 answer
  • What is the total area of his land in square miles
    10·1 answer
  • Answer and maybe an explanation.Thanks in advance.
    5·1 answer
  • The peiod to the left of thousands
    11·1 answer
  • 1)Use the provided information to identify each of Mr. Nicholson’s earning opportunities as arithmetic or geometric. For each op
    13·1 answer
  • Please Help!!! Whoever helps first and gets it correct gets Brainliest!
    14·1 answer
  • I need help -7y^2-2y^2+y^3-3y-2y+5y^3-2y
    6·1 answer
  • WILL GIVE EXTRA POINTS FOR ANSWER ⭐️⭐️!! PLEASE EXPLAIN IF POSSIBLE
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!