The total interest accrued is $2,407.41 if you invested $7,000 into a money market account for 10 years at an annual interest rate of 3%.
<h3>What is invested amount?</h3>
An investment is a payment made to acquire the securities of other firms with the intention of making a profit.
We are assuming the interest will be compounded annually
Where A = Final amount
P = Principal amount
r = annual rate of interest
n = how many times interest is compounded per year
t = How long the money is deposited or borrowed (in years)
We have:
P = $7000
r = 3% = 0.03
t = 10 years
n = 1
After calculating:
A = $9407.41
I = A - P = 9407.41 - 7000 = $2,407.41
Thus, the total interest accrued is $2,407.41 if you invested $7,000 into a money market account for 10 years at an annual interest rate of 3%.
Learn more about the invested amount here:
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Answer: 140 degrees
A straight line is 180 degrees. Since we know one of the angles in the line is 40, we just subtract 40 from 180. So, the measure of angle 1 plus the measure of angle 2 is 140 degrees.
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Answer:
It is not the same
Step-by-step explanation:
Is 5/2 greater than 2/5? Is 5/2 bigger than 2/5? Is 5/2 larger than 2/5? These are all the same questions with one answer.
When comparing fractions such as 5/2 and 2/5, you could also convert the fractions (if necessary) so they have the same denominator and then compare which numerator is larger.
To get the answer, we first convert each fraction into decimal numbers. We do this by dividing the numerator by the denominator for each fraction as illustrated below: 5/2 = 2.5
2/5 = 0.4 Therefore, 5/2 is greater than 2/5 and the answer to the question "Is 5/2 greater than 2/5?" is yes.
Answer:400 miles per hour
Step-by-step explanation:
Let w = speed at which the plane travelled west
Let s = speed at which the plane travelled south
Distance moved in 5 hrs heading west = 5*w = 5w
Distance moved in 4 hrs heading south = 4*s = 4s
Total distance, 3444= 5w + 4s
w = s + 39( 39 miles/hr faster)
5(s+39) + 4s = 3444
5s + 195 + 4s = 3444
9s = 3249
s = 361 miles per hour
w = s + 39 = 361 +39
= 400 miles per hour
Answer:
1m cm
10m mm
Step-by-step explanation:
