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
Varvara68 [4.7K]
3 years ago
6

Each investment matures in 3 years. The interest compounds annually.

Mathematics
1 answer:
Sveta_85 [38]3 years ago
4 0

bearing in mind that 4¾ is simply 4.75.

\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$600\\ r=rate\to 5\%\to \frac{5}{100}\dotfill &0.05\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{annually, thus once} \end{array}\dotfill &1\\ t=years\dotfill &3 \end{cases} \\\\\\ A=600\left(1+\frac{0.05}{1}\right)^{1\cdot 3}\implies A=600(1.05)^3\implies A=694.575 \\\\[-0.35em] ~\dotfill

\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$750\\ r=rate\to 4.75\%\to \frac{4.75}{100}\dotfill &0.0475\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{annually, thus once} \end{array}\dotfill &1\\ t=years\dotfill &3 \end{cases} \\\\\\ A=750\left(1+\frac{0.0475}{1}\right)^{1\cdot 3}\implies A=750(1.0475)^3\implies A\approx 862.032

well, the interest for each is simply A - P

695.575 - 600 = 95.575.

862.032 - 750 = 112.032.

You might be interested in
500 - 20x ≥ 200 I need help
alukav5142 [94]

Answer:

x \leq 15

Step-by-step explanation:

5 0
3 years ago
The perimeter of a rectangular toddler play area is 100 feet. The length is 10 feet more than 3 times the width. Find the length
Mekhanik [1.2K]

Answer:

length and width = 40 and 10 ft.

Step-by-step explanation:

The perimeter of a rectangular toddler play area is 100 feet.

Perimeter = 2(length + width)

Let the width = w

The length is 10 feet more than 3 times the width. Length = 10+(3w)

now put the values

100 = 2(10+3w + w)

100 = 2w + 20 + 6w

100 = (2w + 6w) + 20

100 = 8w + 20

8w = 100 - 20

w = \frac{80}{8}

w = 10 feet.

Now Length = 10+ (3w)

                     = 10+( 3 × 10)

                     = 10 + 30

                     = 40 feet

Therefore, length = 40 feet and width = 10 feet

8 0
3 years ago
Can someone assist me with these Algreba questions olease?
Delicious77 [7]

the answer have to be would be (-3, 1)

4 0
3 years ago
PLEASE HELP!!!
Brut [27]

Answer:PLEASE HELP!!!

7 0
3 years ago
Ayo someone on help me
777dan777 [17]

Answer:

2

Step-by-step explanation:

8 0
3 years ago
Other questions:
  • A seamstress needs to cut 15 inch pieces of ribbon from a roll of ribbon that is 9 feet in length.What is the greatest number of
    7·2 answers
  • Maggie has 20 buttons which is 4 times more than the 5 zippers she has. 20 is 4 times as many as 5. What is the equation to matc
    6·1 answer
  • What fraction of an hour is 120 seconds?
    5·2 answers
  • What is the best first step for solving the given system using substitution while avoiding fractions?
    6·2 answers
  • If ΔMTV is reflected across the x-axis, what are the resulting coordinates of point T? My Answer:
    12·1 answer
  • You flip a coin and what is p (not tails
    9·2 answers
  • Ariane feeds her kitten kk grams of food 22 times in the morning and 22 times in the evening. She feeds her dog dd grams of food
    15·2 answers
  • What is the ratio of 36 dimes and 40 coins?
    12·1 answer
  • Which one of these is NOT equivalent to 2/3?<br> 1. 11/23<br> 2. 12/18<br> 3. 14/21<br> 4. 6/9
    9·1 answer
  • A. Download the printable diagram of the real number system. B. Find 10 numbers in the real world, with at least one number from
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!