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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

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tigry1 [53]

(8/9)^2 is just 8/9 squared, or 8/9 * 8/9. This is 64/81, and cannot be reduced. This is therefore our answer.

7 0
3 years ago
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The total weight of 30 bags of flour and 4 bags of sugar is 42.6 kg. If each bag of sugar weighs 0.75 kg, what is the weight of
alina1380 [7]
The answer is: Each bag of flour weighs 1,32 kg. 

If we the total weight of the bags is given, and we know both the number of bags of flour and sugar, and we also know the weight of each bag of sugar, then we have to find the unknown, which is X. 30 times X plus 4 times the weight of a bag of sugar would equal 42.6kg. Next step is to put the unknown on one side and the known values on the other side. We have 30 times X equals 42.6 minus 4 times 0.75. 
To find X we need to divide the value with 30, or to sum up 

30X + 4*0.75 = 42.6
30X + 3 = 42.6
X = (42.6 - 3) / 30
X = 1.32 kg
7 0
3 years ago
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3. What is the scale factor of Figure B to Figure A?
xxMikexx [17]

Answer:

2.5

Step-by-step explanation:

From the diagram, figure B was enlarged to obtain figure A.

The two figures are therefore similar.

The corresponding sides are in the same proportion. That constant value of the proportion is called scale factor.

It is given by:

k =  \frac{image \: length}{corresponding\:object \: length}

Figure B is the image of A

k =  \frac{10}{4}  =  \frac{25}{10}  = \frac{21.5}{8.6} =   2.5

Therefore the scale factor is 2.5

4 0
3 years ago
Find y on this triangle
WARRIOR [948]

Answer:

5√3 / 2

Step-by-step explanation:

tan 30 = ( 5 / 2 ) / y

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5 0
2 years ago
Can a smart brainstormer help me
lukranit [14]
The answer is .1391
Hope this helps!
(If your confused, I just put this in a calculator)
3 0
2 years ago
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