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
OverLord2011 [107]
3 years ago
10

Juan decided to start saving for college. He deposited $500 into an account which earns 4% simple annual interest. At the end of

each year, he will add $250 to this account. How much will he have in his account after the end of three years?
Mathematics
1 answer:
Norma-Jean [14]3 years ago
5 0

Answer:

$5504

Step-by-step explanation:

Given that :

Principal amount = $500

Interest = 4% simple interest annually

Amount added at the end of each year :

First year:

Principal + (Principal * rate * time)

500 + (500 * 0.04) = 520

$520 + $250 = $770

2nd year:

770 + (770 * 0.04) = $800.80

$800.80 + $250 = 1050.80

3rd year:

1050.8 + (1050.8 * 4) = 5254

$5254 + 250 = $5504

You might be interested in
What is 6 more than 7 times a number is 41
son4ous [18]


the problem would be set up as 6+(7*x)=41

first u take off the number 6 by subtracting it from itself to cancel it out then u do the same to the number 41

7x =41 now u need to cancel out the number 7 attatched to the x so u divikde it by itself and then do the same to the other side so 41 divided by 7 =5.9

 so x =5.9

8 0
3 years ago
HELP ME WITH THIS EQUATION! 11 = y – 6 *
Blizzard [7]

Answer:

Step-by-step explanation:

here you go mate'

step 1

11 = y-6  equation

step 2

11+6=y-6+6  add 6 to the sides

answer

y=17

can i get brainliest if you dont mind?

8 0
3 years ago
Read 2 more answers
Picture Added Triangles <br> AA <br> SSS<br> SAS<br> Not Similar
rewona [7]

Answer:

Not Similer

Step-by-step explanation:

we can use the process of elimination, first AA isn't it because the corresponding angles arn't equal, next SSS itsn't it because we don't know the side lengths, and lastly SAS isn't it because we still don't know the side lengths.

5 0
3 years ago
Please please pleaseee help me on this :) it would be amazing
Semenov [28]

Answer:

Turn off battery supply → The electromagnet turns off.

Place a magnet care inside the coil of wire → The strength of the electromagnet increases.

Change the direction in which the current flows → The poles of the electromagnet reverses

3 0
3 years ago
liam is setting up folding chairs for a meeting. if he arranges the chairs in 9 rows of the same length, he has 3 chairs left ov
svlad2 [7]
Hello, Here is a link to the answer. I am posting this link because it is a Brainly link and a verified answer brainly.com/question/219158
7 0
3 years ago
Other questions:
  • Formula for the area of a circle in terms of its circumference
    8·1 answer
  • How do I round 3.047 to the nearest hundred and show the math
    9·2 answers
  • The answer plsssssssss
    6·1 answer
  • 2.248 to the whole number
    11·1 answer
  • A car depreciates (decreases) in value upon purchase. Each year, the
    13·2 answers
  • Solve for x and y<br> -2x-y=-9<br> 5x-2y=-9
    9·1 answer
  • Please help me!!! Geometry question.
    12·1 answer
  • Simplify 2 times (3 1/3+1 1/6
    8·1 answer
  • Mikey bikes 12 miles in 2 hours. How many miles does Mikey bike in an hour?
    15·2 answers
  • Jason and Nick were biking at a constant speed of 10 seconds, Jason biked 30 meters and Nick biked 45 meters. Who was biking at
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!