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
Bingel [31]
3 years ago
12

1. Mira invested $500 compounded monthly at 3.5%. How much will it be worth in 4 years?

Mathematics
2 answers:
Tomtit [17]3 years ago
7 0

Answer: A = $575.02

Step-by-step explanation:

stich3 [128]3 years ago
6 0

Answer:

First, convert R as a percent to r as a decimal

r = R/100

r = 3.5/100

r = 0.035 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 500.00(1 + 0.035/12)(12)(4)

A = 500.00(1 + 0.002916667)(48)

A = $575.02

Summary:

The total amount accrued, principal plus interest, with compound interest on a principal of $500.00 at a rate of 3.5% per year compounded 12 times per year over 4 years is $575.02.

You might be interested in
The amounts of sugar (grams of sugar per gram of cereal) and calories (per gram of cereal) were recorded for a sample of 16 diff
tigry1 [53]

Answer:

The best predicted calorie count for a cereal with a measured sugar amount of 0.40 g is 3.864

Step-by-step explanation:

Consider the provided information.

he linear correlation coefficient is r= 0.765 and the regression equation is \hat y= 3.46 + 1.01\times x

The mean of the 16 amounts of sugar is 0.295 grams and the mean of the 16 calorie counts is 3.76.We need to find the best predicted calorie count for a cereal with a measured sugar amount of 0.40 g

Substitute x = 0.40 in the given equation.

\hat y= 3.46 + 1.01\times 0.40

\hat y= 3.46 + 0.404

\hat y= 3.864

Hence, the best predicted calorie count for a cereal with a measured sugar amount of 0.40 g is 3.864

6 0
3 years ago
2 Divided by 1 / 5. Rlly need help on this
Natasha_Volkova [10]

Answer:

The answer will be 10

Step-by-step explanation:

2/1/5=10

3 0
3 years ago
John bought 2 sodas for $0.80 each. The model shows this situation. Which equation shows how to find the total cost, in dollars
Genrish500 [490]

Answer:

A) 2 x 0.80= 1.60

Step-by-step explanation:

get 80 on the cents and times it by how many soda's you got (2) then times it by normal which will get you 16 so add a zero at the end to make the answer.

7 0
3 years ago
Read 2 more answers
Let k and T be current ages of two siblings Katie and Thomas. Katie is currently twice the age of Thomas. In 6 years , Katie wil
Otrada [13]
A wright a system of equation to describe the situation
5 0
3 years ago
1 gallon = 231 in3, 1 inch = 2.54 cm)
Stella [2.4K]
<span>1 gallon = 231 in
 1 inch = 2.54 cm

</span><span>Honestly, I would say it will fill up because if your solving for the amount of centimeters in a gallon then the gallon would fill up. It just makes sense to me, don't know if it's correct because what I did was take the amount of centimeters in a inch and multiply it by the total amount of inches in a gallon.
</span>
HOPE THIS HELPS! ^_^
7 0
4 years ago
Other questions:
  • Josh reads 8 1/4 chapters in 5 1/2 hours what is the unit rate in chapters per hour
    5·1 answer
  • according to one study, average price of a type of smartphone decreased by 11.1% from 2012 to 2013. average price of that type o
    12·2 answers
  • How many milimeters in 2 cm?
    6·2 answers
  • I'm having trouble with these math problems, sorry about the quality.
    12·1 answer
  • teddy cuts grass for $20 a grass and garvin cuts grass for 18 a lawn. their total combined revenue was $348. teddy made $132 mor
    11·1 answer
  • Slove for inequality of -6&gt; t-(-13)
    14·2 answers
  • (-6 - 4) divided by 2 simplified
    7·2 answers
  • Find the value of two numbers if their sum is 124 and their difference is 16
    9·1 answer
  • Which of the following inequalities is not true?
    5·1 answer
  • The percentage of forest area is determined by dividing the forest area by the total land area of a region.
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!