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
uranmaximum [27]
3 years ago
5

You deposit $1,600 in a bank account. The account pays 3% annual Interest compounded monthly. Find the balance after 5 years

Mathematics
1 answer:
kumpel [21]3 years ago
8 0

Step-by-step explanation:

step 1. let's call the amount of money A, the initial amount P, the yearly rate r, the number of compounds per year n.

step 2. A = P(1 + r/n)^(nt)

step 3. A = 1600(1 + .03/12)^((12)(5)

step 4. A = 1600(1.0025)^(60)

step 5. A = $1858.59

You might be interested in
Please Help Me!!!!
ra1l [238]
2. WXZ=YXZ
3.  Reflexive property of equality
(if they are angles)-
4. WXZ=YXZ ~~Reason- Congruent angles have equal number of degrees
(if they are triangles-more likely judging by the problem)-
4. Triangle WXZ=YXZ ~ Reason- SAS Congruence Postulate
5 0
3 years ago
Alan sells beaded necklaces. Each large necklace sells for $5.70 and each small necklace sells for $5.10. How much will he earn
inysia [295]
Alan will make $28.50 from 5 large necklaces and $15.30 from 3 small necklaces. $43.80 in total :)
6 0
3 years ago
Read 2 more answers
If sin 115° ≈ 0.91 and cos 115° = -0.42, then sin -115° =
EastWind [94]

Answer:

sin -115° = -0.91

Step-by-step explanation:

Point A is (cos 115°, sin 115°). Since cos 115° = -0.42 and sin 115° ≈ 0.91, it means that the coordinates at point A is (-0.42, 0.91).

As for point B which was revolved around -115°,

the coordinates will be similar to point A but you just have to change the negative.

B(cos -115°, sin -115°) = B(0.42, -0.91)

3 0
3 years ago
Kinda left explainitory but I need help with finding the base ​
almond37 [142]

Answer:

6.4 cm

Step-by-step explanation:

Area of triangle = 17.28 cm²

\frac{1}{2}*base *altitude = 17.28\\\\\frac{1}{2}*base*5.4=17.28\\\\base = 17.28*\frac{2}{5.4}\\\\base= 3.2*2\\\\base = 6.4 cm

5 0
3 years ago
The picture below shows Annie and her younger brother Tommy’s money. They want to combine their money to buy something together.
Inga [223]

Answer:

$5.47

Step-by-step explanation:

Given data:

Annie has 4 dollar , 11 dimes, 4 pennies.

Tommy has 3 dimes, 3 pennies.

To add the money, let us first convert dime and penny into dollar.

1 dollar = $1

11 dime = $1.1

4 penny = $0.04

3 dime = $0.3

3 penny = $ 0.03

Total money = Annie’s money + Tommy’s money

                     = $4 + $1.1 + $ 0.04 + $0.3 + $0.03

                     = $5.47

So, they have $5.47 in all.

5 0
3 years ago
Read 2 more answers
Other questions:
  • Draw a set of objects where you can find a fractional part of the group using the total number of objects and by using subgroups
    8·1 answer
  • 25 1/5 - 17 5/6 <br><br> as a mixed number with the fractional part in lowest terms
    13·1 answer
  • Analyze the diagram below and complete the instructions that follow. Find the surface area of the rectangular prism. Round your
    11·2 answers
  • The figure contains a triangle. One side is 3.8 feet. A second side is 4. 3 feet. The angle between the given sides is 53 degree
    11·1 answer
  • 321 ÷ 40 long division what the answer showing work
    10·2 answers
  • Please help it’s in the picture
    11·1 answer
  • All even please!! Thank you show work please
    15·2 answers
  • The coordinates of a point on a coordinate grid are (−2, 6). The point is reflected across the x-axis to obtain a new point. The
    10·2 answers
  • 2y - 7+ 5y = 0<br> Step by step work
    9·1 answer
  • 私はこれをGoogle翻訳を使って書き留めています。地面からうんちをすくい取ります。今やれ!
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!