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Harman [31]
3 years ago
13

Lacy opened a savings account and deposited $100. The account earns 6% interest compounded monthly if she wants to use the money

to buy a new bicycle in two years how much will she be able to spend on the bike
Mathematics
1 answer:
Dafna11 [192]3 years ago
5 0

Answer:

Future Value= $112.72

Step-by-step explanation:

Giving the following information:

Initial deposit (PV)= $100

Number of periods (n)= 2*12= 24 months

Interest rate (i)= 0.06/12= 0.005

<u>To calculate the future value (FV), we need to use the following formula:</u>

FV= PV*(1 + i)^n

FV= 100*(1.005^24)

FV= $112.72

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Urgent!!! Will give thanks and branliest!
agasfer [191]
Okay so, togo flies 30 miles in 3/5 of an hour with the wind.togo flies 30 miles in 5/6 of an hour against the wind. his rate of speed with the wind was 30 / (3/5) = 30*5/3 = 150/3 = 50 mph.his rate of speed against the wind was 30 / (5/6) = 30*6/5 = 6*6 = 36 mph.3/5 of an hour times 50 mph = 30 miles.
5/6 of an hour times 36 mph = 30 miles.mph looks good.
going he was with the wind.
his rate of speed then was the airplane speed plus the wind speed.coming back he was against the wind.his rate of speed then was the airplane speed minus the wind speed.-----50 mph = A + W36 mph = A - W-----looks like A + W - (A - W) should equal 50 - 36.removing parentheses, equation becomesA + W - A + W = 14.
combining like terms, the equation becomes2*W = 14.dividing both sides by 2, equation becomesW = 7.if W = 7, then A can be found as follows:50 = A + 7A = 43.likewise,36 = A - 7A = 43.since the airplane speed is the same, it looks like the answer is good.solving in the original equations, we get3/5 * (43 + 7) = 303/5 * 50- = 3030 = 30good.-----5/6 * (43 - 7) = 305/6 * 36 = 3030 = 30good.
answer is W = 7 and A = 43.
8 0
3 years ago
A cell phone company sold 4,000 cell phones in the month of November. In December, the company held its annual sale and sold 22%
ZanzabumX [31]
I think C... I'm guessing cause my math is wrong
4 0
3 years ago
If you could please help me that would be great.
Brut [27]
No.1
r=9

No.3
r=10.5ft

No.5
C=132m

No.7
C=25.12

No.9
44

No.11
264cm

No.13
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No.15
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No.17
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8 0
1 year ago
1/3x + y = 4<br> (what is Y)
Arada [10]

Answer:

y=4-1/3x

Step-by-step explanation:

1/3x+y=4

y=4-1/3x

3 0
2 years ago
Read 2 more answers
Desribe how to use a tens fact to find the difference for 15-8
Fittoniya [83]

Answer/explanation :

Step-by-step

subtract 15-8 you have 7 then take

10- ur answer is 7

10-7= 3

5 0
2 years ago
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