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
Ghella [55]
3 years ago
5

Jeff invested $3000 in an account that earns 6.5% interest

Mathematics
1 answer:
goblinko [34]3 years ago
6 0

Answer;

= $ 3623.85

Explanation;

To calculate compound interest we use the formula;

FV = OV( 1 + r/100)^n

FV=Future value which is what the value will be after the interest is calculated, this is what you are looking for.

OV=Original value, the amount of money you started with, in this case  

3000

r=interest rate, in this case its 6.5

n=years its being compounded annually, in this case 3

= 3000(1 + 6.5/100)^3

= 3623.848875

≈ 3623.85

You might be interested in
What is the solution of log3x − 5 16 = 2?
Stolb23 [73]

Answer:

log (16)=2 in base 3x-5

==>16=2^(3x-5)

==>2^4=2^(3x-5)

==>4=3x-5

==>3x=9

==>x=3

Step-by-step explanation:

4 0
3 years ago
What is 8 - 4x = 20 !!!
guapka [62]

Answer:

x = -3

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
A coin is tossed and an eight​-sided die numbered 1 through 8 is rolled. Find the probability of tossing a head and then rolling
ratelena [41]

Answer: 7/8

Step-by-step explanation:

Probability is calculated by number of possible outcomes/ total outcomes

From the question, a coin only has two sides, Head or Tail. Total outcomes is therefore equal to 2

Possible outcome is to toss a head, which is one event

Probability of tossing a head is therefore =1/2

The second part of the question is rolling a die with eight sides.

Here, the die is said to have eight sides, 1,2,3,4,5,6,7,8. Total outcomes is therefore equal to 8

Possible outcome of rolling a number greater than 5 is 3 possibilities, that is rolling 6, 7 and 8.

Pr(rolling > 5) is 3/8

Therefore, Pr ( head; rolling > than 5)

= 1/2 + 3/8

=7/8

I hope this is clear, please mark as brainliest answer

6 0
4 years ago
You owe $1,568.00 on a credit card with a limit of $2,200.00 at an interest rate of 11.3% APR. You pay $300.00/month until it is
Alika [10]

Answer: the awnser is c, if it is not, that would be weard bc i just did this one


6 0
3 years ago
Read 2 more answers
[ Cuiu be made.
shutvik [7]

Answer:

24/36 = 12 x 2/12 x 3 = 2/3.

Step-by-step explanation:

4 0
3 years ago
Other questions:
  • Which property of multiplication is used in the multiplication below?
    5·1 answer
  • Maggie's brother is 10 years younger than twice her age. The sum of their ages is 29. How old is Maggie? Maggie is ___years old.
    11·1 answer
  • What is the measure of angle C?
    12·1 answer
  • 3x+1=8x-24 helpppppppp
    15·2 answers
  • Select the figure obtained when rotating the figure about an axis along its largest side, and find the exact surface area of the
    14·1 answer
  • What is the value of k in the equation below
    9·1 answer
  • It cost $36.75 for three tickets to visit the science center. It cost $51 for 4 tickets to visit the zoo. Which attraction will
    8·1 answer
  • The questions and answers are in the picture. Will give brainliest!
    13·2 answers
  • Point D is located on MN at (2,43). What ratio relates MD to DN?
    12·1 answer
  • On the weekdays a grocery store has 14239 customers and on the weekends the grocery store has
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!