Ask question

Ask question

All categories

2 years ago

13

You invest $12,000 at 3.8% annual interest compounded annually. How much will you have at the end of 5 years?

1 answer:

Serjik [45]2 years ago

3 0

Answer:

The answer is 60,000.

Step-by-step explanation:

If you invest 12,000 at 3.8 annual interest. Annual means yearly, so that's every year. 12,000 x 5 is 60,000 that's why the answer is 60,000. If the answer is incorrect or correct let me know. If it's correct, mark me as brainlest, give me a rating, or say thank you! Have A Great Day.

You might be interested in

Can someone please help me with 1-11? Brainliest answer will be awarded! :)

vovangra [49]

The most important thing that you have to know is that all angles in a triangle equals 180°

8 0

3 years ago

Two triangles can be formed with the given information. Use the Law of Sines to solve the triangles. C = 71°, a = 27, c = 26

guajiro [1.7K]

We have

SinC/ c = Sin A / a

Sin 71/ 26 = Sin A / 27

Sin A = 27 Sin 71 / 26 = about .982

So°

Sin-1(.982) = A = 79. 08°

Then angle B = 180 - 71 - 79.08 = 29.92°

And b is given by

b/sin29.92 = 26/sin 71

b = 26sin29.92/sin71 = about 13.72

But A could also be an obtuse angle = 180 - 79.08 = 100.92°

So we have

B = 180 - 71 - 100.92 = 8.08°

And we have

b / sin 8.08 = 26/sin71

b = 26sin8.08/sin 71 = 3.865

8 0

2 years ago

Find the number of years it would take for $1,200 to earn simple interest of $324 at an annual interest rate of 6% per year.

nydimaria [60]

Years=100x S.I
________
rate x principal

4 0

2 years ago

Greg bought 2 boxes of balloons. He used half of them to decorate his yard. he used 40 to decorate his porch. and used the rest

Anuta_ua [19.1K]

20 I'm guessing? Hope this helps!

6 0

3 years ago

What is 75,000 rounded to the nearest ten thousand .

Anettt [7]

80,000 is the answer when rounded to the nearest ten thousand

3 0

3 years ago

Read 2 more answers