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
Lana71 [14]
3 years ago
10

What is the resulting balance of $3,500 at 4% compounded annually for 8 years?

Mathematics
1 answer:
Brrunno [24]3 years ago
7 0

Answer:

<h3>$4,789.99</h3>

Step-by-step explanation:

Using the formula for calculating the compound interest

A = P(1+r)^t

P is the principal = $3500

r is the rate = 4% = 0.04

T is the time = 8 years

Substitute

A = 3500(1+0.04)^8

A = 3500(1.04)^8

A = 3500(1.3686)

A = 4,789.99

Hence the resulting balance is $4,789.99

You might be interested in
Simplify. Write the expression using only positive exponents. 3d^−4⋅4d^4 PPPLLLLEEEASSSEEEEE
bixtya [17]

Answer:

d=0

Step-by-step explanation:

Because multiplication is commutative, we can rearrange the expression however we want. So, let's put the constant expressions together, and the variable expressions together:

(3 x 4) x (d^-4 x d^4)

The first term is easy enough: (3 x 4) = 12

For the second term, when exponent terms have the same "base" (in this case, d), the exponents can be added together. So, the second term yields d^(-4 + 4) = d^0. Any number raised to the zero power equals 1, EXCEPT for the sole number of zero. 0^0 is undefined, but any other number raised to the zero power equals 1.

So, if d equals any number other than zero, the expression becomes

(12) x (1) = 12

The best way to express the answer would be that the expression equals 12 except that it is undefined if d=0

5 0
3 years ago
Given the function, f(x)= square root 3x+3+3, choose the correct transformation(s).
ki77a [65]

Answer:

3+3+3x

i think idk just getting points goog luck

Step-by-step explanation:

3 0
3 years ago
Which pair of angles is complementary?
NNADVOKAT [17]

Answer:

2 angles are shown one angle is 56 degrees and the other is 34 degrees

Step-by-step exp

complementary angle=90 degree

56+34=90

4 0
3 years ago
By how much is the product of 9/5 and 8 1/4 greater than 5
Oliga [24]

Given:

The product of \dfrac{9}{5} and 8\dfrac{1}{4} greater than 5.

To find:

By how much the product of \dfrac{9}{5} and 8\dfrac{1}{4} greater than 5.

Solution:

First we need to find the product of \dfrac{9}{5} and 8\dfrac{1}{4}.

\text{Product}=\dfrac{9}{5}\times 8\dfrac{1}{4}

\text{Product}=\dfrac{9}{5}\times \dfrac{8(4)+1}{4}

\text{Product}=\dfrac{9}{5}\times \dfrac{33}{4}

\text{Product}=14.85

Now subtract 5 from the product.

14.85-5=9.85

Therefore, the product of \dfrac{9}{5} and 8\dfrac{1}{4} is 9.85 greater than 5.

3 0
2 years ago
Write an equation of the line that has a slope of 2 and y-intercept 1 in slope-intercept form.
Vlada [557]
Y = mx + b

in this case m = 2 and b = 1 so
equation
y =2x + 1

hope this helps
4 0
3 years ago
Read 2 more answers
Other questions:
  • Which pair of angles are vertical angles?
    12·2 answers
  • The circumference of the earth is about 25,000 miles. Approximately how far is it from any point on the earth's surface to its c
    14·2 answers
  • Name the sets of numbers to which each number belongs
    12·1 answer
  • Find the area of the sector in<br> terms of pi.<br> 270°<br> 12<br> Area = [?]
    5·1 answer
  • Solve 3x+9 so it has no solution.
    12·1 answer
  • Pls help guys I’m desperate and I need to go to bed
    6·1 answer
  • Three ratios equal to 8/10
    10·1 answer
  • The points (x, 3) and (-1, -4) lie on the same line. If the slope of the line is 1, what is
    9·1 answer
  • A recipe for sparkling water juice calls for 1 1/2 quarts of sparkling water and 3/4 quart of grape juice
    6·1 answer
  • A new test is developed to test for a certain allergy, giving "positive" or "negative" results to indicate that a person does or
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!