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
snow_tiger [21]
2 years ago
9

Hei has $1,300 in a retirement account earning 4% interest compounded annually. Each year after the first, she makes additional

deposits of $1,300. After 5 years, what was her account balance if she did not make any withdrawals? Round each year's interest to the nearest cent if necessary.
The account had a balance of $
after 5 years.
Mathematics
1 answer:
SVEN [57.7K]2 years ago
7 0

Answer:

Her account balance after 5 years is $8702.87

Step-by-step explanation:

1500 (1.05) = 1575 --> after one year

1575 + 1500 = 3075    

3075 (1.05) = 3228.75 --> after two years

3228.75 + 1500 = 4728.75

4728.75 (1.05) = 4965.1875 --> after three years

4965.1875 + 1500 = 6465.1875

6465.1875 (1.05) = 6788.44688 --> after four years

6788.44688 + 1500 = 8288.44688

8288.44688 (1.05) = 8702.86922 --> after five years = $8702.87

You might be interested in
Nick is a great baby sitter.He makes $9 an hour.Julia is an even better babysitter She makes $12 an hour.Julia works 6 hours eac
serg [7]

Answer:

Nick has to work 8 hours

Step-by-step explanation:

Nick makes 9   works x

Julia makes 12  works 6

first find out how much Julia makes you can do that by multiplying 12 by 6 witch = 72

and we know we are trying to find how many hours Nick needs to work to equal Julia so we knew they are equal

so we have 9X=72

we just have to solve...

divide 72 by 9

leaving use with X=8

4 0
3 years ago
Peter has 4 boxes of markers.
Sindrei [870]
4(8+1); Peter is adding one marker to each box so we add 1 to 8 first because of order of operations (PEMDAS). There are 9 markers in each of the four boxes, 9 x 4 is 36 markers total
4 0
3 years ago
Solve <br><br>(2)^a−2+(2)^3−a=3​
hoa [83]

Answer: No solution

Step-by-step explanation:

5 0
3 years ago
Help ASAP no links. IF you send link= reported
vaieri [72.5K]

Answer:

see explanation

Step-by-step explanation:

put a point to the right of -1 (-0.9)

then, put a point 2 points to the left of -1 (-1.2)

6 0
3 years ago
The range of the function f(k) = k2 + 2k + 1 is {25, 64}. What is the function’s domain? {5, 8} {-5, -8} {3, 8} {4, 7} {4, 8}
Sergeu [11.5K]
I think the answer is {5,8}
4 0
3 years ago
Other questions:
  • 7 - 3x = 3 ( 3- x ) - 2<br><br> Please help &amp; show how you got to the answer
    12·2 answers
  • PLEEEEAAASE HEEELP!!!!!!!!!!!!!
    15·1 answer
  • Shakila bought a purse for $120. the tax rate is 9%. what is the total amount Shakila paid?
    5·1 answer
  • Given the range {-1, 5, 9), what is the domain for the relation y = x + 3?
    7·2 answers
  • I had problem in these questions. Can anyone help me please?
    10·1 answer
  • Which rate can you set StartFraction 7 miles Over 1 hour EndFraction equal to in order to find the distance traveled in 49 hours
    11·2 answers
  • Write the ratio 69:75 as a fraction, decimal,and a percent.
    11·2 answers
  • What are the vertices of the resulting image A’B’C’D’E after rotating the figure 90 degrees about the origin?
    9·2 answers
  • Can someone please help me :) (it’s a picture)
    7·2 answers
  • Estimate 73% of 120 <br><br> Thanks if you help!
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!