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yulyashka [42]
3 years ago
11

$425 is invested into an account that earns 6% compounded monthly. Find how much the account is worth in 15 years.

Mathematics
1 answer:
Masja [62]3 years ago
6 0

Answer:

Future Balance

$1,044

Step-by-step explanation:

Compound interest is simple- It’s the interest you earn on both your original deposit and on the interest that your money earns. Compound interest allows your savings to grow faster over time.  In an account that pays interest, the earnings are typically added to the original principal at the end of every compounding period. That's often daily or monthly. Each time interest is calculated and added to the account, the larger balance results in more interest earned than before. This is what’s meant by compound interest. Note that high-interest savings accounts earn money faster than accounts with lower yields.

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Find the value of x and m∠HKL.
frosja888 [35]

Answer:

x = 25 degrees   ∠HKL = 102 degrees

Step-by-step explanation:

The whole thing equals 180, since it is a straight angle

The value of HKL is 180 - 78 = 102

So that means 4x + 2 = 102

Subtract 2 from both sides:

4x = 100

Divide both sides by 4:

x = 25

5 0
2 years ago
Tori earned $62.86 as a bonus from her job. She decided to buy as many CDs as possible since they were on sale for $8.80 each. E
jonny [76]

Answer:

approximately 7 CDs for her bonus

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2 years ago
What is 3/4 of 16/21? worked out please
timofeeve [1]
Of means multiplication

So

\frac{3}{4} \sf{of}  \frac{16}{21}  =  \frac{3}{4} \times  \frac{16}{21}

And then simplify the numerator ad denominator

= \frac{3 \times 16}{4 \times 21} =  \frac{\ 1 \times 16}{4 \times 7}

And simplify the numerator and denominator again

= \frac{\ 1 \times 16}{4 \times 7} = \frac{\ 1 \times 4}{1 \times 7}

And we are finally left with the answer which is \frac{4}{7}
5 0
3 years ago
Sam and Paul started a business. Their investments were in the ratio 6 : 7, respectively. How much did Paul invest if Sam's inve
salantis [7]

Answer:

$966

Step-by-step explanation:

6/7 =  828/x

Write a proportion.

6x = 7(828) Use cross products.

6x = 5796 Multiply.

x = 966 Divide both sides by 6.

Paul's investment was $966.

4 0
2 years ago
In triangle EFG, angle E equals 8x-16, angle F equals x+8, and angle G equals 2x-10. What is the value of x?
Stels [109]

Answer: The value of x= 18

Step-by-step explanation:

Given: In triangle EFG, angle E equals 8x-16, angle F equals x+8, and angle G equals 2x-10.

The sum of all angles of a triangle is 180°.

Therefore, in triangle EFG

∠E + ∠F +∠G= 180°

⇒ 8x-16 +x+8+ 2x-10 =  180

⇒ 11x-18= 180

⇒ 11x = 180+18

⇒11x=198

⇒ x= 18   [Divide both sides by 11]

Hence, the value of x= 18

6 0
2 years ago
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