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
7nadin3 [17]
3 years ago
10

Ila invested $42,000 into an account earning 4% compounded annually. She makes no other deposits and does not withdraw any money

. What is the balance of Ila's account in 5 years?$42,846.75$51,099.42$54,738.88$92,027.17
Mathematics
1 answer:
Fantom [35]3 years ago
5 0

Alright, lets get started.

The amount of investment means principal : 42000

rate of interest : r : 4 % compounded annually

time of deposit t = 5 years

The formula for amount : A

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

As interest is compounded annually, means n = 1

A = 42000 ( 1 + 4/100)^5

A = 42000 (1 + 0.04)^5

A = 42000 (1.04)^5

A = 42000 * 1.21665290

A = 51099.42 $

So the balance of Ila's account after 5 years will be 51099.42 $ : Answer

Hope it will help :)

You might be interested in
What is the value of x? ​
Aliun [14]

The letter "x" is often used in algebra to mean a value that is not yet known. It is called a "variable" or sometimes an "unknown". In x + 2 = 7, x is a variable, but we can work out its value if we try! A variable doesn't have to be "x", it could be "y", "w" or any letter, name or symbol.

7 0
3 years ago
If u= <4,5> and v= <0,-1>, find 2v+5u
GaryK [48]

Answer:

<20,23>

Step-by-step explanation:

u= <4,5> and v= <0,-1>

2v = 2*<0,-1> = <0,-2>

5u = 5* <4,5> = <20,25>

2v+5u = <0,-2> + <20,25>

            = <20,23>

4 0
2 years ago
Read 2 more answers
Evaluate each function.<br> 1) f(x) = x2 + 4x; Find f(-7)
katrin [286]

Answer:

The answer is -77

Step-by-step explanation:

Ok, so assuming by x2 you mean x squared, I will solve this. So basically when you have a function, f(-7) would mean that you would have to replace all the x's in the equation with -7. So let's write that out. that would be f(-7) = -7^2 + (-7*4). So now according to PEMDAS, you would solve the exponent first, and -7^2 is equal to -49, because when you solve it you would do -(7^2), which is -(49), which is then -49. So now you have f(-7)= -49+ (4*-7). Solving for (4*-7), you get -28. This leaves you with -49 + (-28), which is -49 - 28. Simplifying that, you get the answer, which is -77.

5 0
3 years ago
Please solve <br> 5/5 ÷ 1/2 =
Gala2k [10]
<span>5/5 ÷ 1/2 =
5/5 is the same as 1 so 1/2 of 1 = 1/2
</span>
5 0
3 years ago
Shania is making a scale diagram of the badminton court at the community center. She uses a scale of 1 centimeter to 0.5 meter t
Eva8 [605]
The answer is 81.74 meters
5 0
3 years ago
Other questions:
  • Please help please help me
    13·1 answer
  • At a store, Claire bought 1 sandwich and 2 sodas for $5.50. A sandwich costs $1.00 more than a soda. How much did the sandwich c
    14·2 answers
  • Two angles are complementary. Angle A Is (2x+20) and angle B is (3x+10). Find the value of x and the measure of each angle
    10·1 answer
  • Find the sum of -1676 + (-1669) + (-1662) +...+(-115) + (-108).
    8·1 answer
  • perimeter of parallelogram 140 cm if one side is longer than the other by 10cm, find the length of each of its parallel side
    8·1 answer
  • AB = 4x
    13·1 answer
  • A ball is dropped vertically from a height of 100 meters. After each bounce, the ball reaches a maximum height equal to 75 perce
    14·1 answer
  • Make your own 5 group cards cut the cards out on the dotted lines on one side write the numbers from 1to 10
    12·1 answer
  • How does solve a system ​
    10·1 answer
  • Help me with this pls and ty
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!