3 years ago

If you deposit $13,000 at 4.85% simple interest, what would your ending balance be after five years

Mathematics

1 answer:

ollegr [7]3 years ago

4 0

Answer:

$16152.5 0

Step-by-step explanation:

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If y varies directly as x and y=32 when x=4 find the value of y when x=5

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Answer:

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Step-by-step explanation:

32 divided by 4 equals 8. And 5 times 8 equals 40.

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3 years ago

You deposit $2000 into an account that pays 6% compounded monthly. a. How much money will you have in the account after 1 year?

Masteriza [31]

We have a deposit of $2000 into an account that pays 6% compounded monthly, after a year we will have:

$\begin{gathered} \text{account}_{\text{year}}=2000\cdot(1+\frac{6}{100})^{12} \\ \text{account}_{\text{year}}=4024.4 \end{gathered}$

The effective annual yield (EAY) will be:

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1 year ago

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Nonamiya [84]

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Step-by-step explanation:

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3 years ago

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Step-by-step explanation:

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3 years ago

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