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
Feliz [49]
3 years ago
7

Maria puts $2,500.00 in her money market account earning 8% interest annually. How much interest and how much money would she ha

ve after 7 years?
Advanced Placement (AP)
2 answers:
raketka [301]3 years ago
7 0
I = P•R•T I = interest, P= principal (amount invested), T= time, in years

I = (2500) • (0.08) • (7)
I = $1,400
Kazeer [188]3 years ago
5 0

Answer:

At an interest rate of 8% per year Maria will acquire $4,284.56 after 7 years.

Amount of interest = $1784.56

Explanation:

To find the amount of money she would have after 7 years you have to use this equation:

A = P(1+r)^t

A = Total amount

P = Initial amount

r = interest rate

t = time

Let's assign each of the numbers in the question

P = $2,500

r = 0.08 (you have to use the decimal form of the percent, to find it you have to move the decimal point over twice)

t = 7 (years)

Now plug them into the equation

A = 2500(1+0.08)^7

Solve

A = 2500(1.08)^7\\A = 4,284.56

Therefore, at an interest rate of 8% Maria will acquire $4,284.56 after 7 years.

Her interest would be calculated by taking 4,284.56 minus 2500 = 1,784.56

<em>Hope this helps!!</em>

<em>- Kay :)</em>

You might be interested in
(C) Describe ONE way in which population growth affected the
Sedbober [7]

Answer:

ONE way in which population growth affected the  development of technology in the period c. 1750-c. 1900 is described below in detailed explanation.

Explanation:

The Industrial Revolution transformed the standard and the way of living of the people because products are now manufactured by the new machines and technologies which are invented in the 1700s and 1900s that now make it possible to manufacture a mass production of goods in factories with help of new machines. this period also marked the period of rapid social and economic change in society.

3 0
3 years ago
Most people in South and Southeast Asia live in __________.
kow [346]

Answer:

A.

small rural villages

Explanation:

I took the test on edg

4 0
3 years ago
Read 2 more answers
Answer the following questions about how Enlightenment philosophy influenced revolutions in the period from 1750 to 1900.
inn [45]

Answer:

Explanation:

A) One Enlightenment philosopher’s idea that the American colonists used as a basis for revolution were John Locke's phrase "life, liberty, and pursuit of happiness," which is written in the Declaration of Independence. This phrase was written in the Declaration of Independence by Thomas Jefferson, who was inspired by John Locke.

B) One enlightenment philosophy outlined in the French Declaration of the Rights of Man and Citizen is the concept of individualism. The concepts in the Declaration come from the tenets of the Enlightenment, including individualism, the social contract as theorized by Jean-Jacques Rousseau, and the separation of powers espoused by Montesquieu.

C) In Latin America, Enlightenment thinkers like José Antonio de Alzate y Ramirez criticized William Robertson's ideas about indigenous history and the natural development of societies. Alzate y Ramirez rejected the rigid natural laws supposedly discovered by faraway philosophers. Instead, he said that local scholars had a better grasp of Amerindian society. He helped to lay intellectual foundations for Latin American independence movements in the nineteenth century.

5 0
3 years ago
Read 2 more answers
A plane flying at a certain altitude is observed from two points that are 3 miles apart. The angles of elevation made by the two
kobusy [5.1K]

Answer:

8.0 mi  

Explanation:

Let's call your triangle ABC as in the diagram. We can use the SAS property of triangles and the Law of Sines.

1. Determine m∠B

m∠ B + 72° = 180°

         m∠B = 108°

2. Determine b

By the Law of Sines,

b/sinB = c/sinC

       b = c(sinB/sinC)

          = 3 × (sin108°/sin17°)

          = 3 × 0.951/0.292

          = 9.76 mi

3. Calculate the area of ∆ABC

Area = ½ bc sinA = ½ × 9.76 × 3sin55° = ½ × 9.76 × 3 × 0.819 = 12.0 mi²

4. Calculate h

Area = ½ × base × height

12.0 mi² = ½ × 3 mi × h

h = 2 × 12.0 mi/3= 8.0 mi  

The altitude of the plane is 8.0 mi.

4 0
3 years ago
Q: How many noses does a slug have?
Alekssandra [29.7K]

Answer:

Q: How many Earths can fit inside the sun?

Q: How big is the diameter of a basketball hoop?

Q: What food is the most ordered in America?

Q: What is the world record for the number of hotdogs eaten in one sitting?

Q: What contains more sugar, strawberries, or lemons?

Q: Can you name the largest chocolate manufacturer in the United States? In which state can you find the city of Hershey?

Q: Which two countries share the longest border?

Q: What U.S. state houses the city that is the ice cream capital of the world?

Q: What is the longest river in the world?

Q: What are the only two U.S. states that can grow coffee com

Explanation:

6 0
3 years ago
Other questions:
  • Which best describes how changes in air pressure can affect the development of a hurricane?
    8·1 answer
  • The psychologist who would be least likely to be involved directly in patient care in a hospital setting is
    7·1 answer
  • Find the real zeros on a trignometric function on the intervals of 0
    14·1 answer
  • Why europeans planters turn away from using indigenous peoples to Africans as slave labor
    13·1 answer
  • Https://techielife.info/sdfsdfsdf-dfsdfs-sdfsdf/
    10·1 answer
  • The hospital built by the Pilgrims was set up to fight what disease?
    7·1 answer
  • PLEASE HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
    7·1 answer
  • The goal of is to make people active participants in media so they understand how media shape society .
    10·1 answer
  • Entonces entonces entonces entonces entonces entonces entonces entonces, Entonces entonces entonces entonces entonces entonces e
    15·2 answers
  • if there is an increase of carbon dioxide in the atmosphere what would occur to primary productivity? Why?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!