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
Change each fraction or mixed number to a percent. a. 2⁄5 b. 7⁄20 c. 111⁄16 d. 141⁄4
tino4ka555 [31]

a. 2⁄5 = 0.4 = 40%

b. 7⁄20 = 0.35 = 35%

c. 11 1⁄16 = 6.9375  ≈694%

d. 141⁄4 = 35.25 = 3525%

6 0
3 years ago
Plss help It’s almost the due dateee
Juli2301 [7.4K]
16% of 50 peaches is 8 peaches.
7 0
3 years ago
I'll give BRAINIEST<br><br> .............
Andrew [12]
Its 0.25. ez. i hope i helped :)

3 0
3 years ago
A family needs to cross a river in a small raft.
serg [7]

Answer:

so basically you can take more than one trip you can take the mother and the bag at the same time

Step-by-step explanation:

and then you can get the daughter in the son at the same time and then for the final trip you take the father by himself

8 0
3 years ago
alex runs on the track at the school each weekday morning if he runs 5.9 miles each day about how much does he run every month
vovangra [49]
Since Alex runs on weekday mornings he most likely runs 118 miles a month.
3 0
3 years ago
Other questions:
  • Write it slope intercept form:<br> Slope= -1 Y intercept= 8
    7·2 answers
  • HELP! Will give brainiest and 20 points! Please please help!
    10·1 answer
  • Microsoft Acces is a _
    13·1 answer
  • What is the quotient of 8/9 and 1 1/3
    6·1 answer
  • PLEASE ANSWERRR ! best Answer gets brainliest answer !!
    5·2 answers
  • Points P and Q are plotted on a line.
    10·2 answers
  • 10q - 20 is equivalent to _____
    5·2 answers
  • Parallelogram JKLM is half as wide as it is long. If side Which statements are true? Select all that apply.
    7·1 answer
  • What type of quadrilateral is quadrilateral ABCD if AB=4x-2, BC=2x+12, DC=3x+5, AD=6x-16, AC=4x+12, DB=8x-10, and x=7? Explain a
    12·1 answer
  • Find the value of x. Then find the angle measures of the polygon.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!