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
Deffense [45]
3 years ago
11

Ryan deposited $6,700 into an account at the Town Bank, earning 3.4% interest compounded annually. He made no deposits or withdr

awals. Write and solve the equation to find the amount of money in his account after 4 years. Round to the nearest cent.
Mathematics
1 answer:
Nonamiya [84]3 years ago
6 0

Answer: The amount of money in his account after 4 years = $7,658.73

Step-by-step explanation:

If interest is compounded annually, then formula to compute amount :

A=P(1+r)^n, where P+ principal value, r= rate of interest, n= time ( in years).

As per given,

P= $6700 ,  r = 3.4% =0.034, n =4

A=6700(1+0.034)^4\\\\=6700(1.034)^4\\\\=6700(1.14309455234)\approx7658.73

Hence, the amount of money in his account after 4 years = $7,658.73

You might be interested in
A recipe for lemonade calls for 1 cup of sugar and 7 cups of water.how much sugar is used per cup of water
ASHA 777 [7]
To solve this, you would divide 5 from 1, to get 1/5 cups of sugar
7 0
3 years ago
Is (6,1)(8,-3)(6,7) a function
pochemuha

Answer:

No It's not

Step-by-step explanation:

Since

x=6 produces y=1 and y=7, the relation (6,1),(8,−3),(6,7) is not a function.

The relation is not a function.

6 0
3 years ago
Read 2 more answers
Which expression is equivalent to *picture attached*
Sedbober [7]

Answer:

\sum_{n=3}^{20}(n(n+1))=\sum _{n=3}^{20} n^2+ \sum _{n=3}^{20} n

Step-by-step explanation:

Given expression : \sum_{n=3}^{20}(n(n+1))

Solving further :

\Rightarrow \sum_{n=3}^{20}(n^2+n)

\Rightarrow \sum _{n=3}^{20} n^2+ \sum _{n=3}^{20} n

So, \sum_{n=3}^{20}(n(n+1))=\sum _{n=3}^{20} n^2+ \sum _{n=3}^{20} n

So, The given expression is equivalent to Option A

So, Option A is the answer

7 0
3 years ago
Please help i dont understand this problem
DaniilM [7]

y=x+5

Step-by-step explanation:

The opposite of y is x axis

7 0
2 years ago
You roll two dice.what is the probability you get a 2 and a number greater than 2
almond37 [142]

Answer:dice one will be 2 than dice two could be 3,4,5,6...etc

Step-by-step explanation: 2<3 and 2<4 etc

6 0
3 years ago
Other questions:
  • Solve the problem as directed.
    6·1 answer
  • Write and solve a word problem in which there are 3 yellow beads for every 2 blue beads
    8·1 answer
  • Find all real zeros of the function y= -3x+9
    8·2 answers
  • Find the equation of the line that is perpendicular to y. Help plz
    9·2 answers
  • If there's $700 in half dollars quarters and silver dollars how many of each are there
    10·1 answer
  • PLEASE HELP I DONT KNOW THE ANSWER !! THIS IS ALGEBRA 2
    10·1 answer
  • ASAP!! Which graphs have same domain?
    14·1 answer
  • 11 + (-3)+(-5) =<br>10•-5<br>-42÷ ​
    5·1 answer
  • Help me pls (if you click there will be pic)
    7·1 answer
  • Given that m2Q=63 and DQ-7, find z rounded to the nearest tenth.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!