3 years ago

Cary's is checking her tax bills for the last year

Mathematics

1 answer:

lara [203]3 years ago

7 0

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if an amount of $5,000 is deposited into a savings account at an annual interest rate of 5%, compounded monthly, what is the val

Ugo [173]

Answer:

$8,240

Step-by-step explanation:

We are given that,

Principle amount in the savings account, P = $5,000.

Rate of interest, r = 5% = 0.05

Time period, t = 10

Also, the interest is compounded monthly, n = 12

As, we now that the value of the investment is given by $P(1+\frac{r}{n})^{nt}$

Thus, we have,

Investment Value = $5000(1+\frac{0.05}{12})^{12\times 10}$

i.e. Investment Value = $5000(1+\frac{0.05}{12})^{12\times 10}$

i.e. Investment Value = $5000(1+0.00417)^{120}$

i.e. Investment Value = $5000\times 1.648$

i.e. Investment Value = $8,240

Hence, the investment amount after 10 years is $8,240.

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3 years ago

I need help with this question

sasho [114]

a+b= 8+24=32

Ab=8 x 24= 192

B/a= 24:8=3

(a+b)²=(8+24)² =64+576+384= 1024

Pls mark as brainliest

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3 years ago

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Basile [38]

The answer to this is b

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3 years ago

sofie and josh made 17 ounces of dough. they used 5/8 of the dough to make a pizza and used the rest to make calzones. what is t

fenix001 [56]

Answer=4.25 ounces or 4 1/4 ounces

17 ounces of dough

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Amount used for calzones=17*3/8=6.375 ounces

amount used for pizza- amount used for calzones=
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4 years ago

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Which expression is equivalent to (x^1/2y^16)^1/2

Irina-Kira [14]

Xy^16 / 4

I don't really know how to explain it, but this is the answer

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4 years ago