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]
2 years ago
7

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

Mathematics
1 answer:
Alina [70]2 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 Happie had ridden exactly 100 feet in 25
Strike441 [17]

Answer:

The speed rate is 100 feet per 25 seconds, or 20 feet every 5 seconds, (100 / 5 = 20)

Every minute is 60 seconds long, this means that to find out how fast she would roll in one minute we just need to do 60 / 5 = 12 and then do 12 x 20

12 x 20

10 x 20 = 200 feet per second

2 x 20 = 40 feet per second

200 + 40 = 240 feet per second

Happie would roll 240 feet in a minute at the speed of 100 feet per 25 seconds

Hope this helps!

6 0
3 years ago
Read 2 more answers
The price of an athletic sweatshirt that normally cost $55 goes on sale for 25% off. What is the new selling price of the sweats
Nata [24]

Answer:

Original price: $ 55

Discount percentage:  25 %

 

Discount:  $13.75

Final Price:  $41.25

7 0
2 years ago
If you have 8 marbles in the bag (5 blue and 3 green) and you draw 2 with replacement, what is the theoretical probability that
Readme [11.4K]

Answer:

d.39%

Step-by-step explanation:

Loki told me

But really, 39% should be correct

3 0
2 years ago
Suppose you work as a clerk at a local retail store earning $6 per hour. The amount of your weekly paycheck (before taxes are ta
Viktor [21]

Answer:

x is the independent variable and it represents the number of hours worked per week by the clerk.

Step-by-step explanation:

An independent variable refers to a variable in model that is varied or changed in order to examine its effect on another variable. The other variable is called a dependent variable.

A dependent variable is a variable in a model that changes as a result of a change in the independent variable.

From the question, x is the independent variable and its represent the number of hours worked by the clerk.

F(x) represents the amount of your weekly paycheck and it is the dependent variable that changes as the number of hours worked, x, changes.

For example, since we are given:

F(x) = 6x ............................... (1)

Where;

F(x) = = depemdent variable = Amount of weekly paycheck (before taxes are taken out)

6 = coefficient of x = Earning per hour

x = Independent variable = Number of hours worked

Assuming x = 1, we can substitute this into equation (1) and have:

F(x) = 6 * 1 = $6

But when x = 2, we have:

F(x) = 6 * 2 = $12

Therefore, the dependent variable F(x) changes from $6 weekly to $12 weekly as the independent variable x changes form 1 hour to 2 hours weekly.

8 0
3 years ago
What is the median of this data set? <br> 14, 16, 18, 21, 34, 60
Sati [7]

♫ - - - - - - - - - - - - - - - ~Hello There!~ - - - - - - - - - - - - - - - ♫

➷ To find the median, you need to order your numbers first.

14, 16, 18, 21, 34, 60

There is an even amount of numbers, so you find the mean of the middle two numbers.

18+21=39/2=19.5

Median=19.5

✽

➶ Hope This Helps You!

➶ Good Luck (:

➶ Have A Great Day ^-^

DOGE

4 0
3 years ago
Read 2 more answers
Other questions:
  • Which function is increasing?
    12·1 answer
  • HELP ASAP!! Identify the matrix transformation of ΔPQR, which has coordinates P(−5, −2),Q(−6, −3), and R(−2, −3), for reflection
    12·1 answer
  • If d = 20 and C = 20π
    12·1 answer
  • Tommy is making a candle. He can choose 1 of 3 wax types, 1 of 6 molds, and 1 of 9 scents. How many ways can Tommy make a candle
    9·1 answer
  • Math, homework, need help
    15·1 answer
  • Find the equation of a line passing through (3,4) and slope of -2
    11·2 answers
  • Landon invested $110 in an account paying an interest rate of 4.1% compounded
    6·1 answer
  • 6-2x=6x-10x+14 what is the value of x
    11·2 answers
  • Someone please answer correctly
    13·1 answer
  • Solve for p.<br><br> 5=4p−13<br><br><br> p=72<br><br><br> p = 4<br><br><br> p = 7<br><br><br> p = 64
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!