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
I need please help. thank you
Travka [436]

15. She bought:

3 jeans, $20 each

1 pants, $18

You find the total: 3(20) + 1(18) = $78 then you apply the discount

Since this is between 50-100, you use the 38% discount (decimal form: 0.38)

38% is being subtracted from your total, so you can do this:

100% - 38% = 62%      This is your total after the discount

78(0.62) = 48.36   Your answer is C

16. D   Income is the $ you make from your job

17. A    Budgeting helps you organize and limit your spending and meet financial goals

18. C    Liabilities impacts you negatively, since you have debts to pay off

19. A    

7 0
3 years ago
Circle the number which is nearest in value to 750570 699 810 852 1050
kramer
699 is closet because as you subtract every number from 750, the smallest answer given is the closest to the number you started with.
7 0
4 years ago
What is the final step for 2y=x-10? Subtract 2 from each side, divide each term by 2, divide each term by -2, or add 2 to each s
Papessa [141]

Answer:

y= x/2 - 5

Step-by-step explanation:

3 0
3 years ago
Read 2 more answers
Given right triangle MUD such that mD = 23.1 and d = 38, which of the following statements are true? Round to the nearest hundre
Zigmanuir [339]
∠M=90°-23.1°=66.9° - it's a right answer.

u=d/sin∠D=97.25
m=cos∠D*u=89.52
4 0
3 years ago
Read 2 more answers
Which city is the birthplace of Islam?<br> A) Jakarta <br> B) Jerusalem <br> C) Mecca <br> D) Medina
padilas [110]
The answer to your question is C) Mecca

Have a lovely day!
3 0
4 years ago
Read 2 more answers
Other questions:
  • Please help solve <br> 5!3!/6! = ?
    9·2 answers
  • Solve 3x^2=-12-6x by completing the square​
    10·1 answer
  • Can someone plz help me solved this problem I need help plz help me! Will mark you as brainiest!
    11·1 answer
  • Solve each equation <br> x^2+6x+9=1
    12·2 answers
  • What is the square root of 1,563?
    7·1 answer
  • Will give brainliest! please answer correctly!
    6·1 answer
  • In Jan's library, she has 24 informational books. If 15% of the books are informational text, how many total books are in her li
    10·1 answer
  • The 2nd pic is question #1. if i made a mistake in that feel free to correct me
    5·1 answer
  • What do large differences of the means of each group indicate? Select the correct answer. The large differences do not indicate
    9·1 answer
  • PLEASE HELP QUICK!
    12·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!