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
telo118 [61]
3 years ago
15

You deposit $700 in an account paying 7.7% simple interest. Find the future value of the investment after 2 years. (Enter a numb

er. Round your answer to two decimal places.)
Mathematics
1 answer:
Luda [366]3 years ago
5 0

Answer: The future value of the investment after 2 years is $807.8

Step-by-step explanation:

The formula for simple interest is expressed as

I = PRT/100

Where

P represents the principal or amount invested.

R represents interest rate

T represents time in years

I = interest after t years

From the information given

T = 2 years

P = $700

R = 7.7%

Therefore

I = (700 × 7.7 × 2)/100

I = 10780/100

I = 107.8

The total amount in the account after 2 years would be

700 + 107.8 = $807.8

You might be interested in
Ruth went to the park. She spent 1/4 of her time playing volleyball, 1/2 of her time eating, and the other hour of her time read
DaniilM [7]

Answer:

1 hour and 25 minutes

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Rewrite the equation 2x+6x^(2)-1=3x^(2) in standard form and identify a, b, and c.
Fed [463]
Hi there!

2x + 6 {x}^{2}  - 1 = 3 {x}^{2}
First subtract 3x^2 from both sides.

2x + 3 {x}^{2}  - 1 = 0
Now rearrange the equation.

3 {x}^{2}  + 2x - 1 = 0
Finally we can see our answer.

a = 3
b = 2
c =  - 1





8 0
3 years ago
The base of a cone can be
Brut [27]
The base of a cone is something circular, like a circle or an ellipse. 
The rest of the options (square, triangle, and pentagon) are all based of pyramids, not cones. Cones have to have a circular base because otherwise they'd be pyramids.
6 0
3 years ago
Read 2 more answers
√5 percent of 5√5 =<br> a. 0.05<br> b. 0.25<br> c. 0.5<br> d. 2.5<br> e. 25
Stels [109]
\sqrt{5} \% \times 5\sqrt{5}=\frac{\sqrt{5}}{100} \times 5\sqrt{5}=\frac{5 \times \sqrt{25}}{100}=\frac{5 \times 5}{100}=\frac{25}{100}=0.25

The answer is B. 0.25.
8 0
3 years ago
CAN SOMEONE PLEASE HELP WITH THIS PROBLEM PLEASE!!!!
Flauer [41]
Naw bruv i’m doing the same problems rn and i’m struggling gl tho
4 0
2 years ago
Other questions:
  • Find the radius of sphere with a volume of 1372π/3 cubic feet.
    6·1 answer
  • Lin is paid $90 for 5 hours of work. She used the following table to calculate how much she would be paid at this rate for 8 hou
    8·1 answer
  • If f(x) = x2 – 3x and<br> g(x) = 4x + 2, which of the following is equal<br> to f(g(3))?
    10·1 answer
  • The table shows the approximate number of minutes of physical exercise each student in Noah’s class gets per day. Identify any o
    13·2 answers
  • Work out the size of an angle ​A
    13·2 answers
  • .anybody actually knows the answer ​
    9·1 answer
  • PLS HELP WITH THIS ONE
    13·1 answer
  • A banner in the shape of a parallelogram has an area of 30 square feet. The height of the banner is 1/5 feet. What is the length
    12·1 answer
  • WILL GIVE BRAINLIEST!! Rhombus ABCD has perimeter 148, and one of its diagonals has length 24. How long is the other diagonal?
    11·2 answers
  • Jessica's dog weighed 91.5 pounds at the beginning of summer but lost 5.2
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!