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
eimsori [14]
3 years ago
10

An investment of $2500 is put into a bank that has an annual rate of 6% compounded

Mathematics
1 answer:
Veseljchak [2.6K]3 years ago
3 0

Answer:

$8017.84

Step-by-step explanation:

Because it is compounded annually, you have to use the formula

A= P(1+r)^t

(A is the future balance after t years, r is the % rate as a decimal, P is the starting amount -- the principal.)

So,

A = 2500(1 + 0.06)^20  (First, add inside the parentheses)

A = 2500(1.06)^20 (Then, do the exponent and the multiplication with a calculator)

A = 8017.84

You might be interested in
Is this a true or false solution? y = 12x; (3,32)
Elenna [48]

Substitute the x-value and see if you get the corresponding y-value. The corresponding y-value an x-value of 3 in this equation should be

y = 12(3)

y = 36

Since the coordinate (3,32) does not represent that, it is a false solution

4 0
4 years ago
Frank organized his jazz and rock CD Collection. Some CDs are double albums and are therefore wider . The regular CDs are 0.5 cm
tester [92]

Answer: 100 of the CDs are single album and 25 are double album.

Explanation: What you have to do first is find out how many single CDs which are .5 cm in length you can put in 125 with out going over 75 cm. Then the rest of the 25 are of course double album CDs and which equal out to be 125 CDs total and 75 cm total. (the double album CDs technically count asone by the way) I got my answer by first seeing how many double CDs can go in 125 without going over 75 cm. The max you can get is 75. So then you keep removing double album CDs until you get the magic number 125 CDs and 75 cm.

Hope I could help

4 0
3 years ago
What's the solution to x^2-11x+19=-5<br> (this is a Quadratic Equation)
Maru [420]

Answer:

8 and 3

Step-by-step explanation:

We first want to add 5 to both sides, making the equation x^2 -11x +24=0, now, we want to use the quadratic formula, which is( -b <u>+</u> sqrt(b^2 -4ac)) /2a  

for equations of the form ax^2 + bx +c, so in our case, a =1, b=  -11, and c=24,

when you plug in the variables, you will get the answers!   :)

4 0
3 years ago
Read 2 more answers
Among us code: QZUVDF
Lesechka [4]

Answer:

cool imma join what is the map?

7 0
3 years ago
Read 2 more answers
Jane has a checkbook balance of $68.00. She then writes two checks, one for $5.00 and one for $62.50. She also deposit $75.00. S
Travka [436]
75.50 is her new balance

6 0
3 years ago
Other questions:
  • I don’t understand the equation
    11·1 answer
  • 3 dollar 8 dimes +1 dollar 2 quarters 5 pennies
    5·1 answer
  • Find the sum of the series using the formula
    9·1 answer
  • Karen recorded her walking pace in the table below. What equation best represents this relationship? Hours Walked (h)Miles Walke
    13·1 answer
  • 19. Which is the suitable identity used to evaluate 9992 ?
    5·1 answer
  • The graph of quadratic function p is shown on the grid. (-3, 3) (3, 3) If (x) = x and p(x) = 5(x) + n, what is the value of n?​
    10·2 answers
  • So uh, I took a test and I got this question wrong. I cant tell what the right answer is, and I want to learn how to do it, but
    5·2 answers
  • Decrease 65kg by 3/5​
    6·2 answers
  • A particular car used 5.2 gallons of gas to go 150 miles. This
    7·1 answer
  • Part C
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!