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
lukranit [14]
2 years ago
11

Suppose your​ friend's parents invest 15,000 in an account paying 7% compounded annually. What will the balance be after 5 ​year

s?(round to the nearest cent as needed)
Mathematics
1 answer:
meriva2 years ago
6 0

Answer:

FV= $21,038.28

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $15,000

Interest rate (i)= 7% compounded annually

Number of periods (n)= 5

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

FV= PV*(1 + i)^n

FV= 15,000*(1.07^5)

FV= $21,038.28

You might be interested in
There are 3 consecutive odd integers with a sum of 45. What is the greatest of the 3<br> integers
jeyben [28]

Answer:

15,17,19

so the answer is 17

3 0
3 years ago
What is mathematics?​
RUDIKE [14]

Answer:

Mathematics is a branch of science which involves numbers,space and quantity.

Step-by-step explanation:

I hope this helps you in any way.Have a great day :)

8 0
3 years ago
Read 2 more answers
Law of cosines: a2 = b2 + c2 – 2bccos(A) What is the measure of S to the nearest whole degree? 19° 26° 30° 33°
sertanlavr [38]
We know that
applying the law of cosines
a² = b²+ c²<span> – 2*b*c*cos(A)
cos (A)=[b</span>²+c²-a²]/[2*b*c]
in this problem
a=10
b=17
c=18
so
cos (A)=[17²+18²-10²]/[2*17*18]-----> cos (A)=0.8382
A=arc cos (0.8382)-----> A=33.05°-----> A=33°

the answer is
33 degrees
7 0
3 years ago
Read 2 more answers
An ice cream factory makes 120 quarts of ice cream in 2 hours. How many quarts could be made in 36 hours?
AlekseyPX

Answer:

2,160

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
8(d+2)=4d-12<br> HelpPP ME QUICK
Molodets [167]

Answer:

D = -7

Step-by-step explanation:

6 0
3 years ago
Other questions:
  • Plz help will mark as BRAINLIEST
    12·1 answer
  • Simplify each expression.<br><br><br> –4 + 10a – 5 – a
    6·2 answers
  • ABCD is a quadrilateral inscribed in a circle, as shown below: Circle O is shown with a quadrilateral ABCD inscribed inside it.
    14·1 answer
  • Calculate each quotient. Write your answers in lowest terms.
    15·1 answer
  • Plz help I will be so happy
    6·2 answers
  • Find the equation of the line passing through (2,-1) and parallel to the line 2x-y=4
    6·1 answer
  • Subrina eats###### pizza a week and have #### with alan
    14·1 answer
  • 2x3(5-4)/6.2<br> Algebra
    12·1 answer
  • Which equation is it <br>​
    15·2 answers
  • Winston-Salem is halfway between Boone and Raleigh. Burlington is halfway between Winston- Salem and Raleigh. If Boone is locate
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!