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
patriot [66]
3 years ago
10

Berto invested in a precious mineral. The value of the mineral tend to increase by about 11% per year. He invest $40,000 in 2015

How much more will he invested be worth in 2020
Mathematics
1 answer:
stealth61 [152]3 years ago
5 0

the difference from 40000 to the future value in 2020, namely 5 years later is simply the yield or interest amount.


\bf ~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\\ P=\textit{original amount deposited}\dotfill & \$40000\\ r=rate\to 11\%\to \frac{11}{100}\dotfill &0.11\\ t=years\dotfill &5 \end{cases} \\\\\\ I=(40000)(0.11)(5)\implies I=22000

You might be interested in
The expression above can also be written in the form of
gladu [14]

Answer:

a= 7

b=9

c=4

Step-by-step explanation:

8 0
3 years ago
Name the postulate, Definition or Property below
klasskru [66]
Ans_ It is Sandwich Theorem..
3 0
3 years ago
The sum of 3 consecutive odd numbers is 51. What is the second number in this sequence?
tatiyna
(2n +1) + (2n + 3) + (2n + 5) = 51
6n + 9 = 51
6n = 42
n = 7
numbers are 15 17 and 19

5 0
3 years ago
If you can walk 5.8 miles in 4.3 hours, how many minutes does it take to walk 0.64 miles? Round to 1 decimal.
Vinil7 [7]

Answer:

About 20 minutes.

8 0
3 years ago
What is the relationship between the base angles of an isosceles triangle?
Mashutka [201]
If the 2 base angles are congruent then the two opposite sides are congruent
4 0
2 years ago
Other questions:
  • I need this page finished
    12·1 answer
  • The beginning inventory at cost is $80,000.00 and at retail is $100,000.00. Purchases at cost are $160,000.00 and the retail val
    13·1 answer
  • What is an equation of the line that passes through the points (0, 5)
    13·1 answer
  • I will give BRAINLIEST to the correct answer <br> Find the measure of angle 2
    8·1 answer
  • Select the correct responses in the table.
    9·1 answer
  • Triangle XY Z has vertices X = (5, -1), Y = (1, 4), and Z=
    8·1 answer
  • A family spends 1/10 of it's annual income for housing 1/4 for food and clothing 1/5 for general expenses and 2/15 for entertain
    15·1 answer
  • Drag all of the values to the box that round to 56.8 when rounded to the nearest tenth. 56.85 56.809 56.749 56.08 56.795 56.832
    5·1 answer
  • I want question 9 answered I’ll give you brainliest
    8·2 answers
  • How many groups of 5/6 are in 1 ​
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!