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
harina [27]
2 years ago
12

Lucas deposits $4,000.00 for 6 years at 2% interest, compounded monthly. How much interest does he earn at the end of the 6 year

s? Round to the nearest cent. SHOW THE WORK PLEASE​
Mathematics
2 answers:
kow [346]2 years ago
8 0

Answer:

Step-by-step explanation:

A=P(1+r/c)^{ct}\\ \\ A=4000(1+.02/12)^{12(6)}\\ \\ A\approx \$ 4509.54

Rudik [331]2 years ago
6 0

Answer:

$12644.56

Step-by-step explanation:

one year = 12 month

4,000 * (1.02)^(6*12) = 16644.5615

16644.5615-4000 = 12644.5615

You might be interested in
When Laura was a store manager at a movie store, she made $500 a week. Ten years later, as a clothing store manager, she made $8
Elis [28]

Answer:

(800-500)/500 x 100

300/500 x 100

0.6 x 100

The answer is a 60% increase

Step-by-step explanation:

Plz give me brainliest thank u so much

8 0
2 years ago
Read 2 more answers
Your friends and you notice a classmate who always has brand new clothes, shoes, and electronics. What would you need to know in
sashaice [31]

To know if the classmate’s family is actually wealthy, one will need to know their assets and their debt.

<h3>What is an asset?</h3>

In financial accounting, an asset means a resource that is owned or controlled by a business or an economic entity. An asset is anything that can be used to produce positive economic value.

Assets represent the value of ownership that can be converted into cash and the examples of personal financial assets include cash and bank accounts, real estate, personal property like furniture and vehicles, and investments such as stocks, mutual funds, and retirement plans.

In this case, through the assets, one will be able to know that they're wealthy. The debt is an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another party, the creditor. This is the money that they owe.

The asset should more than the debt.

Learn more about assets on:

brainly.com/question/25746199

#SPJ1

5 0
2 years ago
Suppose you have ordered one medium onion ring and one 16oz chocolate shake from Burger King. The onion rings have 19 grams of f
satela [25.4K]

Answer:

3 cheese burgers.

Step-by-step explanation:

5 0
2 years ago
Johnny's mother has 3 children. The first child is named April. The second child is named May. What is the third child's name
Musya8 [376]
The answer is Johnny. You can conclude from the first sentence of your question. It is stating that Johnny's mother has three children. Johnny is included in the three children. So, the third child's name was Johnny!
Thank you! :D
3 0
3 years ago
Question 1 point
ludmilkaskok [199]

Answer:

h = 23 hours

Step-by-step explanation:

Take 143.75 and divide it by 6.25

143.75/6.25 = 23

23 is the answer

4 0
3 years ago
Read 2 more answers
Other questions:
  • 9-3÷1/3+1=<br>what is the answer?
    6·2 answers
  • If u answer this make sure u put it in order,help meh plz
    5·2 answers
  • What is the simplest for of the fraction 464/24?<br>(I'LL MARK U BRAINLIEST!)
    14·1 answer
  • Using the exponential function 2x + 3, what is the average rate of change between the values 1 ≤ x ≤ 5?
    6·1 answer
  • A woman sold an article for 400.00and made a profit of 25%,Find ty cost price and profit​
    9·2 answers
  • Angie and her family ordered a meal that cost $80. Angie paid 10% sales tax and left a 15% tip on $80. What was the total cost?​
    9·1 answer
  • Hiii please help i’ll give brainliest:)
    11·1 answer
  • Write 186110 correct to 2 significant figures​
    6·1 answer
  • About 56% of the 2,553 students are enrolled
    13·1 answer
  • F(x)= x^2*2^-x find d/dx using the product rules
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!