Ask question

Ask question

All categories

rosijanka [135]

3 years ago

8

Angela currently has an account balance of &4,298.55. She opened the account 15 years ago, with a deposit of $1,987.22. If t

he interest compounds monthly, what is the interest rate on the account?

1 answer:

Mars2501 [29]3 years ago

7 0

Answer:

The interest rate is 5.278%

Step-by-step explanation:

4298.55=1987.22(1+r/100)^15

r=5.278%

You might be interested in

Graph the function y= 2.2 - |0.4x + 1|. what are the coordinates, to the nearest tenth, of the maximum of the graph.

Andrej [43]

Answer:

B

Step-by-step explanation:

no explanation.......

3 0

2 years ago

Define the term net income .. according to the given context

Pachacha [2.7K]

ANSWER: the amount an individual earns after subtracting all expenses, taxes and costs.

4 0

3 years ago

Naily [24]

Answer:

The cost of 1000 bushels is $9790

Step-by-step explanation:

Given

$Cost = \$9.79$ per bushel

Required

Determine the cost of 1000 bushels

If 1 bushel costs $9.79,

Then 1000 costs:

$Total = \$9.79 * 1000$

$Total = \$9790$

3 0

2 years ago

Ali's dog weighs 8 times as much as her cat together the two pets weigh 54 lb how much does Ali's dog weigh

RideAnS [48]

Answer:

48

Step-by-step explanation:

Cat = x

Dog = 8x

x + 8x = 54

9x = 54

x = 6, Dog = 8 * 6 = 48

7 0

2 years ago

A line passes through (4,5,) which points is also on the line

goldfiish [28.3K]

Answer:yeet

Step-by-step explanation:

5 0

3 years ago