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
If X= -6 and y=4 what is x² + y²​
Rainbow [258]

Answer:

52

Step-by-step explanation:

(-6)x(-6)=36

(4)x(4)=16

36+16=52

6 0
2 years ago
Read 2 more answers
A desest tortoise spends about 95% of its life in underground burrows.About what fraction of a desert tortoise's life is spent a
8090 [49]
5/100's tortoise's life was spent above ground.
3 0
3 years ago
6. The dimensions of a living room are 18 ft. by 15 ft. by 8ft. If air weighs 0.08 lb. per cubic foot, the weight of the air in
user100 [1]

The weight of the air in the room is 172.8 lb if the dimensions of a living room are 18 ft. by 15 ft. by 8ft.

<h3>What is a rectangular prism?</h3>

It is defined as the six-faced shape, a type of hexahedron in geometry.

It is a three-dimensional shape. It is also called a cuboid.

It is given that:

The dimensions of a living room are 18 ft. by 15 ft. by 8ft.

The volume of the living room = volume of the cuboid:

V = length×width×height

V = 18×15×8

V = 2160 cubic ft

The weight of the air = 0.08 lb. per cubic foot

The weight of the air in the room = 0.08×2160

The weight of the air in the room = 172.8 lb

Thus, the weight of the air in the room is 172.8 lb if the dimensions of a living room are 18 ft. by 15 ft. by 8ft.

Learn more about the rectangular prism here:

brainly.com/question/21308574

#SPJ1

7 0
2 years ago
A man bought a refrigerator, an air conditioner, a TV set and a gas cooker for $150.00, $400.00, $180.00 and $300.00 respectivel
MaRussiya [10]

Answer:

1184.5

Step-by-step explanation:

150+400+180+300=1030

1030 × 15% = 154.5

(15% is also 0.15)

1030 + 154.5 = 1184.5

I hope this helps you :)

4 0
3 years ago
Find the area, <br> 8 cm<br> 6 cm<br> 6 cm
vfiekz [6]

Answer:

288

Step-by-step explanation:

I’m not 100% sure yho

6 0
3 years ago
Read 2 more answers
Other questions:
  • The temperature decreased by 11 degrees. Enter an integer that represents this situation in the box.
    5·2 answers
  • 1200 resulted $11.88 interest for 23 days. What is the interest rate
    9·1 answer
  • Describe in detail how you would plot the value 3 5/6 on a number line.
    12·1 answer
  • What is the perimeter of a triangle with sides 11 in 5 in and 13 in​
    15·1 answer
  • Write the equation of a vertical line that passes through the point (–4, 4).
    14·1 answer
  • Find the value of x in the following figure
    13·1 answer
  • C is directly proportional to d such that
    12·1 answer
  • The speed limit sign on the freeway said 110 kilometers per hour, but the speedometer on Cesar's car is calibrated in miles per
    13·1 answer
  • Find the Slope of the line through each pair of points: (-4,11),(1,-9)
    7·1 answer
  • What date would be four months prior to January 31st?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!