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
iris [78.8K]
3 years ago
7

The compound interest on the account with .01% interest rate in 5 years

Mathematics
1 answer:
Alina [70]3 years ago
7 0

Answer:

The interest generated will be $ 51.20.

Step-by-step explanation:

To determine the compound interest on the account with 0.01% interest rate in 5 years compounded quarterly with an initial deposit of $ 1,000, the following calculation must be performed:

1,000 x (1 + 0.01 / 4) ^ 4x5 = X

1,000 x (1 + 0.0025) ^ 20 = X

1,000 x 1.0025 ^ 20 = X

1,000 x 1.05120 = X

1,051.20 = X

1,051.20 - 1,000 = 51.20

Therefore, the interest generated will be $ 51.20.

You might be interested in
If a 156 pound 12yo falls 10 feet and lands on their head, will they be knocked out?
Amanda [17]

Answer:

Porbably

Step-by-step explanation:

they fell 10 feet and landed on they head

7 0
2 years ago
Some public goods and services are provided by the federal government, others by state governments, and still others by local ci
creativ13 [48]

Answer:

If this is supposed to be a math problem o think you messed up writing it

Step-by-step explanation:

7 0
3 years ago
I will mark as brainiest
Margaret [11]

If two triangles are similar, then their side lengths are proportional.

RS / JK = RT / JL

5 / x = 4 / 7

4x = 35

x = 35/4 = 8.75

RT / JL = TS / LK

4 / 7 = 6 / (y + 2)

42 = 4(y + 2)

42 = 4y + 4

4y = 38

y = 38/4 = 9.5

LK = 9.5 + 2 = 11.5 cm

JK = x = 8.75

Hope this helps!

8 0
2 years ago
It takes Lara 1/3 hour to walk to the library 3/4 mile away. What is her walking pace?
stiv31 [10]
2 1/4 miles per hour.
6 0
3 years ago
Read 2 more answers
I don’t know this one
torisob [31]

Answer:

3077.2

Step-by-step explanation:

A circle's mass is found by

Pie times R^2

7^2 is 49, times 3.14 is 153.86

then you Multiply 153.86 by 20 which gives you 3077.2

5 0
3 years ago
Read 2 more answers
Other questions:
  • Help please and thank you..
    9·2 answers
  • What is WZ? <br> Please, and thank you.
    15·1 answer
  • Each potted plant cost ls $4.75,and each shrub costs $14.50
    14·1 answer
  • What's the measure of Z1 if Z CBD = 75° and ZABC = 135°?
    10·2 answers
  • Please help!
    5·1 answer
  • What is the Greatest Common Divisor (GCD) of the numbers 16 and 60?
    9·2 answers
  • CAN SOMEONE ASAP HELP ME PLEASE
    8·1 answer
  • 11 3/4 times 5 3/4 times 8
    10·2 answers
  • Q15.
    11·1 answer
  • What is the quotient of (x3 3x2 5x 3) Ă· (x 1)? x2 4x 9 x2 2x x2 2x 3 x2 3x 8.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!