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
ValentinkaMS [17]
2 years ago
15

Any credit)

Mathematics
1 answer:
Mumz [18]2 years ago
6 0

Answer: $4,365.10

Step-by-step explanation:

Ok, we know that:

The account starts with $2350

There is a simple interest of 3.75% (or 0.035).

Then after one year, the amount in the account will increase by 3.75%, this means that the amount will be:

$2350 + 0.035*$2350 = (1.035)*$2350.

After another year, we have the same increase (but applied to the new amount in the account):

(1.035)*$2350 + 0.035*(1.035)*$2350. = (1.035)^2*$2350

And so on.

You already can see the pattern here, the amount of money in the saving account after N years will be:

M(N) = $2350*(1.035)^N.

Now we can answer:

what is the balance of the account if it earns a  simple interest of 3.75% for 18 years?

Just replace N by 18 in that equation:

M(18) = $2350*(1.035)^18 = $4,365.10

You might be interested in
The pay, P, at a certain job is calculated by the formula P=Bh, where b is the base pay and h is the number of hours worked. if
Alexxx [7]
If you would like to know the Tom's pay for the week, you can calculate this using the following steps:

P = B * h
P ... the pay
B ... the base pay
h ... the number of hours worked

B = $6.35
h = 28 hours
P = B * h = $6.35 * 28 hours = $177.8

<span>Tom's pay for the week would be $177.8.</span>
5 0
3 years ago
Brown rice costs $2 per pound, and beans cost $1.60 per pound. Lin has $10 to spend on these items to make a large meal of beans
Valentin [98]

Answer:

1.   2r+1.6b=10

2.  r=5-0.8b

3.  b=6.25-1.25r

Step-by-step explanation:

<h3> The complete exercise is: "Brown rice costs $2 per pound, and beans cost $1.60 per pound. Lin has $10 to spend on these items to make a large meal of beans and rice for a potluck dinner. Let b be the number of pounds of beans Lin buys and r be the number of pounds of rice she buys when she spends all her money on this meal.</h3><h3>1. Write an equation relating the two variables.</h3><h3>2. Rearrange the equation so "b" is the independent variable.</h3><h3>3. Rearrange the equation so "r" is the independent variable."</h3><h3 />

1. According to the information exercise given in the exercise, the cost per pounds of brown rice is $2. Since "r" represents the number of pounds of rice Lin buys, the total cost of the brown rice she buys can be represented with this expression:

2r

The beans cost $1.60 per pound. Since "b" represents the number of pounds of beans Lin buys, the total cost of beans she buys can be represented as:

1.6b

Knowing that she spends $10, you can write the following equation:

2r+1.6b=10

2. In order to rearrange the equation so "b" is the independent variable, you need to solve for "r":

2r+1.6b=10\\\\2r=10-1.6b\\\\r=\frac{10-1.6b}{2} \\\\r=5-0.8b

3. To rearrange the equation so "r" is the independent variable, you must solve for "b". You get:

2r+1.6b=10\\\\1.6b=10-2r\\\\b=\frac{10-2r}{1.6}\\\\b=6.25-1.25r

7 0
2 years ago
Unit 1 Test
Liula [17]
The other end point is 0,4
6 0
2 years ago
In parallelogram abcd, ab=14, bc=20, m(angle)b=54. Find to the nearest tenth the length of diagonal bd, and find measure angle d
muminat
It is is a parallelogram, hence we have to face sides equal in length and the opposite angles are also the same. From the given above we have:
ab=14 and its opposite side cd=14
bc=20 and its opposite side da=20

Solving for the diagonal measurement bd, we have consecutive angles are equal to 180°
∠A+∠B=180°
∠A=180°-54°
∠A=126° , ∠B=54° ,∠C=126° and ∠D=54°
bd²=ab²+da²-2(ab)(da)cos126°
bd²=14²+20²-2*14*20cos126°
bd=30.42 unit

Solving for the angle dbc, we have
cos dbc=bc²+bd²-cd²/a*bc*bd
cos dbc=20²+30.42²-14²/2*20*30.42
dbc=21.76° 
3 0
2 years ago
20 POINTS!!!
ZanzabumX [31]

It’s 00.9

Step-by-step explanation: I just took the test I know

3 0
2 years ago
Read 2 more answers
Other questions:
  • <img src="https://tex.z-dn.net/?f=f%28x%29%20%3D%205x%20-%202" id="TexFormula1" title="f(x) = 5x - 2" alt="f(x) = 5x - 2" align=
    10·1 answer
  • Suppose you take a trip to a distant universe and find that the periodic table there is derived from an arrangement of quantum n
    5·1 answer
  • Help!!!!!!!!!!!!!!!!!!!
    14·1 answer
  • Let f (x comma y )f(x,y)equals=xx and let C be the segment of the parabola y equals 4 x squaredy=4x2 joining O(0 comma 0 )(0,0)
    8·1 answer
  • PLEASE HELP ME DO THIS
    6·1 answer
  • When water freezes and becomes a solid, the atoms
    8·1 answer
  • Are the ratios 4:18 and 2:9 equivalent?<br> yes<br> no
    8·2 answers
  • Plot and connect the points A(-4,2), B(4,2), C(4,-2), and D(-4,-2). Then, find the perimeter of rectangle ABCD.
    5·1 answer
  • This is part 2 of my question! but the questions are marked as odds for this part, which is part 2.
    8·1 answer
  • Please help!<br> maths functions
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!