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
Debora [2.8K]
3 years ago
10

Devon invests in an account for 10 years that pays 2.15% compound interest annually. He uses the expression P(1+r)t to find the

total value. What will be the total value of the account after 10 years if he invested 4,000?
Mathematics
1 answer:
zheka24 [161]3 years ago
7 0

Answer:

FV= $4,948.16

Step-by-step explanation:

Giving the following information:

Number of periods (n)= 10

Interest rate (i)= 2.15% compound interest annually

Present value (PV)= 4,000

<u>To calculate the future value, we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 4,000*(1.0215^10)

FV= $4,948.16

You might be interested in
The ratio of boy campers to the number of girl campers is 8:7.  If there are a total of 195 children, how many are boys and how
Luden [163]
8x-amount\ of\ boys\\7x-amount\ of\ girls\\\\8x+7x=195\\&#10;15x=195\ \ \ |Divide\ by\ 15\\x=13\\\\&#10;8x=8*13=104\\&#10;7x=7*13=91\\\\&#10;\textbf{There\ are\ 104\ boys\ and\ 91\ girls.}
7 0
3 years ago
Create a system of equations that has a solution of (1, 2)
Rus_ich [418]
Two equations could be y=2x and y=4x-2
8 0
3 years ago
The tables for f(x) and g(x) are shown below.
Vinvika [58]

Answer:

  16

Step-by-step explanation:

(f - g)(5) = f(5) -g(5)

From the tables, ...

  f(5) = 29

  g(5) = 13

Your desired function is ...

  f(5) -g(5) = 29 -13 = 16

8 0
3 years ago
Solve 8(3x-4)=4x-2. Help
FinnZ [79.3K]
X = 3/2

<em><u>I hope this could help!</u></em>
8 0
3 years ago
Read 2 more answers
You placed a 12% down payment on a new home. Given that the amount of the down payment was $42,655.12, determine the price of th
balandron [24]
12% = $42,655.12

.12x = 42655.12
---------------------
0.12       0.12

355,459.33 is the price of the house.
4 0
3 years ago
Read 2 more answers
Other questions:
  • How do I calculate the volume of a circle?
    7·1 answer
  • Are the figures congruent or not ?
    5·1 answer
  • It takes an inlet pipe of a small swimming pool 20 minutes less to fill the pool than it takes an outlet pipe of the same pool t
    5·1 answer
  • An athlete trains for 75 mins each day for as many days as possible write an equation that relates the number of days d that the
    14·1 answer
  • Y = 5x - 13<br><br> 4x + 3y = 18
    13·1 answer
  • Compare the decimal form of 2/5 and 4/9
    12·2 answers
  • An isosceles right triangle has a hypotenuse of length e. Select all that are true for the triangle.
    10·1 answer
  • A quilt measures 4 ⅔ feet by 6 feet. What is the area of the quilt?
    7·1 answer
  • What is the solution to -41-2x + 6 = -24?
    8·1 answer
  • If you get this right i’ll give the brainliest answer
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!