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
grandymaker [24]
3 years ago
12

What principal amount will grow to $300 if invested at 6.5 compounded weekly for 4 years

Mathematics
1 answer:
IRISSAK [1]3 years ago
4 0

Answer:o find amount we use formula:


A=P(1+rn)n⋅t

A = total amount

P = principal or amount of money deposited,

r = annual interest rate

n = number of times compounded per year

t = time in years

In this example we have


P=$4500 , r=7% , n=2 and t=9 years

After plugging the given information we have


AAAA=4500(1+0.072)2⋅9=4500⋅1.03518=4500⋅1.857489=8358.7

STEP 2: To find interest we use formula A=P+I, since A=8358.7 and P = 4500 we have:


A8358.7II=P+I=4500+I=8358.7−4500=3858.7


so the answer is 8358.7 and the interest is  3858.7


You might be interested in
To plot the point (5, -3) you would move up 5, then left 3.
IceJOKER [234]

Answer:

False.

Step-by-step explanation:

5 is the x (horizontal) coordinate and -3 is the y (vertical coordinate)

You would start at the origin and move 5 right and down 3.

4 0
1 year ago
Read 2 more answers
The value of X is:<br> A 11.3<br> B 8<br> C 16
diamong [38]

Answer:

x ≈ 11.3

Step-by-step explanation:

Using the sine ratio in the right triangle

sin45° = \frac{opposite}{hypotenuse} = \frac{8}{x} ( multiply both sides by x )

x × sin45° = 8 ( divide both sides by sin45° )

x = \frac{8}{sin45} ≈ 11.3

6 0
2 years ago
What point is located on the x-axis<br><br> Pls help
qaws [65]

Answer:

Point C is located on the x-axis.

Step-by-step explanation:

edge 2020

7 0
3 years ago
Read 2 more answers
800 students are going on a school trip by bus.
Tema [17]
The answer is twenty four
6 0
3 years ago
Read 2 more answers
Mai travels 90 miles in 2 hours by boat. At this rate,how far does Mai go in 3 hours?
Marysya12 [62]

Answer:

135 miles in 3 hours

Step-by-step explanation:

5 0
3 years ago
Other questions:
  • Combining like terms 7x + 2y - 2x -2y.
    8·1 answer
  • Troy and Lazetta are solving the following word problem. Rosalie's cat weights 9.8 pounds and her dog weighs 25.4 pounds. What i
    15·1 answer
  • To get ready for the new school year, Mrs. James took her two children shopping. Jim selected a coat that cost
    8·2 answers
  • (5t2-500)/(t+10) idk how to solve this pls help!!
    12·1 answer
  • HELP PLEASEEEEEEEEO ITS EASY IF U LIKE RECTANGLESoo
    10·2 answers
  • Which matrix is matrix b?
    7·1 answer
  • 4x-3=2(3+x-1) what is the answer?
    13·2 answers
  • How has the Roaring Twenties been portrayed in modern media? ​
    6·1 answer
  • Help me for brainliest!!!!!!!!!!!!!!!!!!
    15·1 answer
  • Type the missing number that makes these fractions equal: 1 2 = 2
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!