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
Tomtit [17]
2 years ago
12

Find the interest earned: $26,000 for 36 months at 7.5% annual compound interest

Mathematics
1 answer:
stich3 [128]2 years ago
7 0

Answer:

Interest = $6,300 (Approx.)

Step-by-step explanation:

Given:

Amount deposit (P) = $26,000

Number of month = 36 month

Number of year (n) = 36 / 12 = 3 year

Rate of interest (r) = 7.5% = 0.075  

Find:

Interest  earned

Computation:

Interest = p[(1+r)ⁿ-1]

Interest = 26,000[(1+0.075)³-1]

Interest = 26,000[(1.075)³-1]

Interest = 6,299.71

Interest = $6,300 (Approx.)

You might be interested in
Mr. Doyle washed
KiRa [710]

Answer:

Mr Doyle washed the most.

4/15 still need to be washed.

Step-by-step explanation:

2/5=6/15  Mr Doyle

1/3=5/15   Son

so Mr Doyle washed the most.

Together they washed 11/15 of the laundry so 4/15 is left to wash.

7 0
2 years ago
Need help with question number 2
USPshnik [31]

Answer:

BC=20

AE= 18

<ABC= 114 degrees, <DAB=66 degrees

Step-by-step explanation:

To find DAB you subtract 180 from 114

7 0
3 years ago
How to write 25 percent of N
Eva8 [605]
25÷100=0.25 0.25×n=the percentage Or 0.25n Or 0.25•n
8 0
3 years ago
Read 2 more answers
Solve for k <br> 8k + 2m = 3m + k
butalik [34]

Answer:

k= m/7

Step-by-step explanation:

7 0
2 years ago
A computer generates 80 integers from 1 to 5 at random. The results are recorded in the table. What is the experimental probabil
matrenka [14]

The experimental probability of the computer generating a 2 is 20%.

<h3>What is the experimental probability?</h3>

The experimental probability determines the odds an event would happen based on the results of an experiment.

Experimental probability = ( number of times a 2 was generated / total number of numbers generated) x 100

(16 / 80) x 100 = 20%

To learn more about probability, please check: brainly.com/question/13234031

#SPJ1

8 0
1 year ago
Other questions:
  • Two students in your class, Tucker and Karly, are disputing a function. Tucker says that for the function, between x = –3 and x
    6·1 answer
  • A store down the street is selling a used video game for 25% off the retail price. The game regularly sells for $89.00. What is
    13·1 answer
  • the volume of a rectangular prism with base dimensions of 3 cm and 8 cm and a prism height of 12 cm is?
    7·1 answer
  • The formula a=6s^2 will calculate the surface area of a cube. suppose you have a cube that has a surface area of 216 square inch
    7·1 answer
  • Find an equation for the line with the given properties. Express the equation in general form. Slope 9/8; containing the point (
    11·1 answer
  • At the beginning of the month Riley’s balance was $128. What was her balance at the end of the month after all of her deposits a
    9·2 answers
  • There are 5 people at a party. They decide to share 3 ice cream sandwiches equally.
    13·1 answer
  • He perimeter of the figure is given. Find the length of the indicated side.
    13·1 answer
  • Anyone know this?need help ASAP
    6·1 answer
  • HELP PLEASE ASAP
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!