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jeyben [28]
2 years ago
13

Harper invested $72,000 in an account paying an interest rate of 2% compounded monthly. Assuming no deposits or withdrawals are

made, how long would it take, to the nearest tenth of a year, for the value of the account to reach $82,600?
Mathematics
2 answers:
Tatiana [17]2 years ago
5 0

Answer:

6.9

Step-by-step explanation:

Verdich [7]2 years ago
5 0

Answer:

6.9 :)

Step-by-step explanation:

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What is the value of 500$ invested at 4% interest compounded annually for 7 years
DiKsa [7]

Answer:

657.96

Step-by-step explanation:

use formula A=P(1+r/n)^nt

A=500(1+.04/1)^1*7

A=500(1.04)^7

A=500(1.3159~)

A= 657.96~

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3 years ago
A box contains 5 red marbles, 6 white marbles, and 8 blue. If a Marble is randomly selected from the box, what is the likely hoo
Aleks04 [339]
The fraction should be as such.
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6 0
2 years ago
Mr Ahmad bought 2 fans and 3 table lamps for $540. Each fan cost 3 times as much as a table lamp. (a) Find the cost of each tabl
sergey [27]

Answer:

(a) $60

(b) $180

Step-by-step explanation:

Let the price of 1 table lamp be t.

Then the price of a fan is 3t.

2(3t) + 3t = 540

6t + 3t = 540

9t = 540

t = 60

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A fan costs $180.

4 0
2 years ago
Select all expressions that are equivalent to 2+y+y+y+y+y+3?
ryzh [129]
I can’t see your choices, but this equation can be simplified to 5y + 5.

If you add the choices as a comment, I’m happy to help more.
7 0
3 years ago
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mars1129 [50]

Answer: right

Step-by-step explanation:

5 0
3 years ago
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