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Dmitriy789 [7]
3 years ago
14

steven just deposited $10,000 in a bank account that has a 12 percent nominal interest rate, and the interest is compounded mont

hly. steven also plans to contribute another $10,000 to the account one year (12 months) from now and another $20,000 to the account two years from now. how much will be in the account three years (36 months) from now?
Mathematics
1 answer:
Dafna11 [192]3 years ago
3 0

Answer:

$39,999.52

Step-by-step explanation:

10,000 - 12% = 9,999.88

9,999.88 x 4 = 39,999.52

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Answer:

B trust me

Step-by-step explanation:

6 0
2 years ago
Help. also explain :) please
Anuta_ua [19.1K]
The answer is £140

First you find 20% of 1200 (which is basically 20 times 12) which gives you £240.

You add £240 to £1200 which is £1440

Then you take £300 off £1440 since he already paid the deposit.

That leaves you with £1140

1140 divided by 10 is 114
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The distance traveled by a falling object, d(t),seconds is described by this function
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The figure below is from a quilting pattern. The indicated angles are Supplementary. What is the news he or N and the two angles
VashaNatasha [74]

Answer:

  • <u>The value of N is 8</u>

<u></u>

  • <u>The value of the angles is 48º</u>

Explanation:

The two indicated angles are supplementary because they could be drawn as two interior angles on the same side of two parallel sides cut by a transversal.

Thus, those measure of those two angles add up 180º, which lets you to write an equation and solve for N:

  • 8N - 16 = 6N
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  • 2N = 16
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And the value of the angles is:

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3 0
3 years ago
Albert deposits $2785 in an account that earns 3.9% interest compounded monthly. this function models the amount in the account
Step2247 [10]

The amount for the given data is found as,\rm a = 2825(1+\frac{3.9}{12} )^{12t}.The given expression is true.

<h3>What is the amount?</h3>

The complete repayment of money at the end of the period for which it was borrowed is referred to as the amount.

The given data in the problem is;

P is the annual payment=2827

r is the rate of interest = 3.9%

n is the time period=12

The formula for the amount is found as;

\rm a = p(1+\frac{r}{n} )^{nt}

Substitute the given value;

\rm a = 2825(1+\frac{3.9}{12} )^{12t}

Hence the given expression is true.

To learn more about the amount, refer to the link: brainly.com/question/12184047.

#SPJ1

5 0
2 years ago
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