3 years ago

You deposited $475 into the bank at a 6% interest rate. How much will be in the account after three years

Mathematics

1 answer:

dem82 [27]3 years ago

3 0

Answer:

$565.73 and the interest is $90.73

Step-by-step explanation:

A=475(1+0.061)^1⋅3

A=475⋅1.063

A=475⋅1.191016

A=565.73

To find interest:

A=P+I

565.73II=475+I

I=565.73−475

I=90.73

You might be interested in

Does anyone know this? Needed ASAP

anzhelika [568]

Answer:

50 square units

Step-by-step explanation:

Using the formula provided, $a = \frac{1}{2}h(b_1+b_2)$ , substituting the height (5), b1 (8) and b2 (12), we can solve for the formula.

$a = \frac{1}{2}\cdot5(8+12)\\\\a = \frac{1}{2}\cdot5(20)\\\\a = \frac{1}{2}100\\\\a = 50$

Hope this helped!

4 0

3 years ago

Read 2 more answers

A caterpillar eats 75 leaves in 5 hours. How many leaves will the caterpillar eat in 8 hours if it continues to eat at the same

Dahasolnce [82]

Answer:

120 leaves

Step-by-step explanation:

If the caterpillar eats 75 leaves in 5 hours and continues to eat at the same rate, the number of leaves eaten is simple, 120 leaves.

How I found the answer:

First, I divided 75 by 5 and got 15, then I multiplied 8 to 15 and got 120.

3 0

3 years ago

Read 2 more answers

You make $7 for every lawn you mow.

pickupchik [31]

You would have to mow 9 lawns

5 0

2 years ago

Read 2 more answers

How do you solve w=120(1/3) by step

lubasha [3.4K]

Answer:

w=40

Step-by-step explanation:

120*1/3=40

Therefore, w=40

6 0

3 years ago

What are the solutions to the nonlinear system of equations below? Check all that apply.

Gemiola [76]

The solutions are a and b

5 0

3 years ago

Read 2 more answers