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Alecsey [184]
2 years ago
5

Aubree invested $500 into a mutual fund that paid 3% interest each year compounded annually. Find the value of the mutual fund i

n 12 years.
Mathematics
2 answers:
Nataly [62]2 years ago
8 0

Answer:

FV= $712.88

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $500

Number of periods (n)= 12 years

Interest rate (i)= 3% compounded annually

<u>To calculate the future value, we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 500*(1.03^12)

FV= $712.88

serg [7]2 years ago
5 0

Answer:

25%

Step-by-step explanation:

Because she divided it

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HELP!!<br> can someone lease help me with #11 and #12
Fiesta28 [93]

11. The two angles are vertical angles, which mean they are equal to each other.

14x - 5 = 13x

Add 5 to both sides:

14x = 13x + 5

Subtract 13x from both sides:

x = 5

12.  The two angles are supplementary and when added together need to equal 180 degrees.

5x -20 + 3x = 180

Combine like terms:

8x -20 = 180

Add 20 to both sides:

8x = 200

Divide both sides by 8:

x = 200 /8

x = 25

5 0
3 years ago
The average weight of a midsize car is 1 3/4 tons. The average weight of a compact car is 6/7 of the weight of a midsize car. Ho
Alborosie
6/7 of 1 3/4......turn the mixed number to an improper fraction...and " of " means multiply
6/7 * 7/4 = 42/28 = 1 1/2...so a compact car weighs 1 1/2 tons or 1.5 tons
7 0
3 years ago
A survey of 1250 trees in a small wood showed that 32 percent were oak trees 26 percent were birch trees and the remainder were
timofeeve [1]

Answer: There were 525 pine trees.

Step-by-step explanation:

Given: Total trees = 1250

Percentage of oak trees = 32%

Percentage of birch trees = 26%

Since remaining trees are pine trees.

Percentage of pine trees = 100% - 32% - 26%

=42%

The number of pine trees = 42% of 1250

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Hence, there were 525 pine trees.

5 0
2 years ago
Which of the following expressions represents “the quotient of nine times a number and seven ?
blsea [12.9K]

Answer:

9n÷7

Step-by-step explanation:

A quotient means a ratio or one quantity being divided by another, or in algebraic terms (a/b). In this case, the first quantity is "nine times a number" represented in terms of n as (n). The other quantity is just the number 7.

Dividing the 9 times n by 9 gives us the following:

9n÷7

<u><em>Hope this helps :></em></u>

7 0
3 years ago
What is the first geometric sequence below
ale4655 [162]
Notice that if you go forward, the common ratio is 5.  Each new term is found by mult. the previous term by 5.

If, on the other hand, you go backwards (terms decreasing), then you divide a term to find what the previous term was.

Here, divide 1 by 5 to find the first term.  It's 1/5.
5 0
2 years ago
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