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
hammer [34]
3 years ago
13

Chanelle deposits $7,500 into the bank. She does not withdraw or deposit money for 6 years. She earns 6% interest during that ti

me. What will the balance be when she is finally able to withdraw her money?
Mathematics
2 answers:
Oksi-84 [34.3K]3 years ago
6 0

Answer: The balance after 6 years will be $10638.90

Step-by-step explanation:

in year 0, she had $7,500, and the interest is 6% (or 0.06 in decimal form) per year.

Then the amount of money in the bank can be described by the equation

M(y) = $7500*(1 + 0.06)^y

Where y is the number of years that passed. This equation says that the total amount of money increases by a factor of 1.06 each year.

We know that she can withdraw after 6 years, so we have y = 6

M(6) = $7500*(0.06)^6 = $10638.90

The balance after 6 years will be $10638.90

IrinaVladis [17]3 years ago
4 0

Answer:

10,200 Dollars


Step-by-step explanation:


First, converting R percent to r a decimal

r = R/100 = 6%/100 = 0.06 per year.

Solving our equation:

A = 7500(1 + (0.06 × 6)) = 10200  

A = $10,200.00


You might be interested in
Pls help me
Mashutka [201]

Answer:

A is the answer because...

Step-by-step explanation:

Let's narrow it down, so it is not D because 8/2=4 but 64/4=16, so already they don't share a slope. It is not B because the numbers don't work together like they should, since we are trying to prove proportionality. It is not C because we are not trying to square the numbers but find a similarity between the numbers, the same slope I mean. So that leaves A which has  the slope of 2, test it out now. 0 and 0 are the same, 4/2=2, 8/4=2, 12/6=2. So now you know that A is the correct answer.

Hope you understand! :)

3 0
3 years ago
How do I solve 4^-3? ( four to the power of negative three)
Liono4ka [1.6K]
4^-3 

You first need to make the exponent positive. To do this put it in a fraction.

1/4^3

Now solve the exponent. 

4 * 4 * 4 =
   ^
  16*4 = 64 

1/64 is your answer

7 0
3 years ago
Who can solve this question!!?!?
Tpy6a [65]

Answer: i cant see the picture can you send it to me please

Step-by-step explanation:

7 0
3 years ago
Two mathematical questions attached below.
BartSMP [9]

Answer:

See below

Step-by-step explanation:

9.( {m}^{3}  {n}^{5} )^{ \frac{1}{4} }   \\   =  m^{\frac{3}{4}}n^{\frac{5}{4}}\\  \\ 10. \sqrt[5]{ \sqrt[4]{x} }  \\  =  \sqrt[5]{ {x}^{ \frac{1}{4} } }  \\  =  {( {x}^{ \frac{1}{4} } )}^{ \frac{1}{5} }  \\   =  {x}^{ \frac{1}{4}  \times  \frac{1}{5} }  \\  =  {x}^{ \frac{1}{20} }  \\  \\ \sqrt[5]{ \sqrt[3]{ {a}^{2} } }  \\  =  \sqrt[5]{ {a}^{ \frac{2}{3} } }  \\  =  {( {a}^{ \frac{2}{3} } )}^{ \frac{1}{5} }  \\   =  {a}^{ \frac{2}{3}  \times  \frac{1}{5} }  \\  =  {a}^{ \frac{2}{15} }

4 0
3 years ago
When k=7 and q=35 find the value of p in direct proportion method
Arisa [49]
I think the answer is 5.

y = kx is the equation for direct proportionality. I’m guessing your “q” is the “y”, because 35 is easily divisible by 7.

35 = 7x
x = 5
7 0
3 years ago
Other questions:
  • ,,sarah is building a birdhouse the nail she uses are one inch long.the wood board is 1 foot long . how many times smaller are t
    5·2 answers
  • Are there only two prime numbers that differ by 1?
    7·1 answer
  • if you earn $144 in 12 hours how much would it be in 17 hours? (i need in a algebraic equatiionnnnnn)
    7·1 answer
  • 30 POINTS FOR WHO EVER GIVE ME THE RIGHT ANSWER
    9·2 answers
  • Question 7 Daurie rides on her motorcycle for 252 miles on 6 gallons of gas. At this rate, how far will she get on 2 gallons of
    14·1 answer
  • The freezing point of a certain liquid is -7F . Another liquid freezes at -12F . What is the difference between the absolute val
    10·1 answer
  • HELP ME WITH THIS MATH
    15·2 answers
  • Which is the graph of y= -x + 2?<br><br> A<br> B<br> C<br> D
    5·2 answers
  • Mr. Johnson's math class has twice as many students as Mrs. Jones' math class.
    15·2 answers
  • Multiply 6 times two-ninths.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!