Answer:the total value of the account after 3 years is $7266
Step-by-step explanation:
Initial amount that Ryan invested into account is $500 This means that the principal is P, so
P = 7000
It was compounded annually. This means that it was compounded once in a year. So
n = 1
The rate at which the principal was compounded is 1.25%. So
r = 1.25/100 = 0.0125
It was compounded for 3 years. So
n = =3
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. Therefore
A = 7000 (1+0.0125/1)^1×3
A = 7000(1.0125 )^3= $7266
Answer:
11/12
Step-by-step explanation:
1/4+2/3
1/4×3/3+2/3×4/4
3/12+8/12
Answer:
it's 7.5
Step-by-step explanation:
1/2 as a decimal is 0.5
Answer:
(-∞,0)
Step-by-step explanation:
Graph y=|x|
Note that the graph is shaped like a V. The left half of the graph is decreasing from -∞ up until 0 when it hits the origin and starts to increase. Put this into interval notation: (-∞,0).
9514 1404 393
Answer:
100°
Step-by-step explanation:
Arc BC is twice the measure of inscribed angle BEC, so is ...
arc BC = 2×50°
arc BC = 100°
