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
sashaice [31]
3 years ago
6

The student council made a pront of $3,000 on a car wash. If they invest the money at 5% interest

Mathematics
1 answer:
Varvara68 [4.7K]3 years ago
3 0

Answer:

$3375 money would the student council have in four years if they invest $3000 at 5% interest compounded yearly.

Step-by-step explanation:

We are given:

Principal Amount = $3000

Interest Rate r = 5% or 0.05

n=1 (compounded yearly)

Years t= 4

We need to find future value (A)

The formula used is: A=P(1+\frac{r}{n})^{nt}

Putting values in formula and finding future value A

A=P(1+\frac{r}{n})^{nt}\\A=3000(1+\frac{0.05}{1})^{1*4}\\A=3000(1+0.05)^4\\A=3000(1.05)^4\\A=3000(1.215)\\A=3375

So, $3375 money would the student council have in four years if they invest $3000 at 5% interest compounded yearly.

You might be interested in
. Write the following expression in factored form using the greatest common factor.<br> 50a3 + 10a2
Tanya [424]

The factors of  50a³  are  1,  2,  5,  10,  25,  50,
   and their products with a, a² and a³ .

The factors of  10a²  are  1,  2,  5,  10,
    and their products with 'a' and a² .

Their common factors are  1, 2, 5, 10,
       and their products with 'a' and a².

Their greatest common factor is  10a² .

(Another way to spot it, easily, is to remember this helpful factoid:

                 If the smaller number is a factor of the larger number,
                 then the smaller number is their greatest common factor.

Using the greatest common factor, then . . .

           50a³ + 10a²  =     10a²(5a + 1) .

3 0
3 years ago
2. 13.7 +2.6<br> It equals 16.3
Lubov Fominskaja [6]

Answer:

That's correct. The answer would be 16.3 when you add them both together.

6 0
3 years ago
john is knitting a blanket. he records the length he knits each day. how many more inches does john need to knit so the blanket
sammy [17]

Answer:

60 - 16 =  44

He has to knit 44 more inches so the blanket is 6o inches long.

Hope this helps <3

6 0
3 years ago
Arrange the summation expressions in increasing order of their values.
dolphi86 [110]
∑ 4 * 5^(i-1) = 4 + 20 + 100 + 500 = 624
∑ 3 * 4^(i-1) = 3 + 12 + 48 + 192 + 768 = 1,023
∑ 5*  6^(i-1) = 5 + 30 = 35
∑ 5^(i-1) = 1 + 5 + 25 + 125 = 156
Answer:
∑ (i=1, 2) 5 * 6^(i-1) < ∑ (i=1, 4) 5^(i-1) < ∑ (i=1, 4) 4 * 5^(i-1) <
< ∑ (i=1, 5) 3 * 4^(i-1)

5 0
3 years ago
Read 2 more answers
What is the factored form of 3x+24y? 3(x+8y) 3xy(x+8y) 3(3x+24y) 3xy(3x+24y)
Artyom0805 [142]

Answer:

Option A. 3(x+8y)

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
Other questions:
  • Express 2.65 as a mixed a mixed number in lowest terms. PLEASE HELP!!!!
    14·2 answers
  • Which would not be a step in solving 3x + 1 + 2x = 2+ 4x?
    5·1 answer
  • PLASE HELP ASPAP
    7·2 answers
  • Determine which of the following are functions. select all that apply
    13·2 answers
  • In a plane, the distinct lines AB and CD intersect at A, where A is between C and D. The measure of BAC is 54 Degrees, what is t
    12·1 answer
  • Which Expression is equivalent to -0.3(1.5x-0.6)-2(-0.4+0.9x)
    15·2 answers
  • Geoff and Max are college roommates. Geoff can clean their apartment in 2.5 hours and Max can clean their apartment in 3.25 hour
    8·1 answer
  • A lighting Products company has put a new brand of solar lightbulbs on the market the graph shows the estimated revenue in milli
    12·2 answers
  • Which option best shows X &lt; -15<br><br><br><br> Please explain as well, thanks! :)
    6·1 answer
  • On Tuesday, the Beef Market sold 400 pounds of prime rib steak at $9.98 per pound and 120 pounds of rib-eye steak at $6.49 per p
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!