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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

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Sholpan [36]

Let's go though the choices.

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4 0
3 years ago
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Likurg_2 [28]

9514 1404 393

Answer:

  7x +5y = -5

Step-by-step explanation:

You can find the perpendicular line by swapping the x- and y-coefficients, and negating one of them. The new constant can be found by using the given point.

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The perpendicular line through (-5, 6) is ...

  7x +5y = -5

3 0
3 years ago
Water has a specific heat of 4.184 J/g°C and requires 23,000 J of heat to raise the
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Answer:

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Step-by-step explanation:

Given Data,

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