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

Mathematics

1 answer:

Serjik [45]3 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.

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So for this, we are applying the triangle inequality theorem. If any of the inequalities are not true, then this cannot be a triangle. (Let A = 7.7, B = 4.0, and C = 1.7)

$7.7+4.0>1.7\\11.7>1.7\ \textsf{(true)}\\\\4.0+1.7>7.7\\5.7>7.7\ \textsf{(false)}\\\\7.7+1.7>4.0\\9.4>4.0\ \textsf{(true)}$