Ask question

Ask question

All categories

2 years ago

8

Jorge deposited $5,000 into an account

1 answer:

Brums [2.3K]2 years ago

4 0

Answer:

<em>$600.00</em>

Step-by-step explanation:

To find the answer we must first <em>divide 3 by 100 to find its actual worth</em>, <em>3 ÷ 100 = 0.03</em>. Take <em>0.03 and multiply it by 5,000</em>, and you get<em> 150</em>. Now we have the <em>annual interest in a year</em>, so lets <em>multiply it by 4 years</em>, and we get <u><em>$600. </em></u>

You might be interested in

Me need help its hard

KatRina [158]

Answer:

2. Cost of six books

3. Cost of one book

Step-by-step explanation:

I don't know about the rest though.

7 0

3 years ago

Read 2 more answers

May I please receive help?

Jlenok [28]

Answer:

The answer is in the included image

7 0

3 years ago

A rectangular sheet of paper is 25/2cm long and 32/3 cm wide. Find its perimeter. *

Zina [86]

Answer:

46.3cm

Step-by-step explanation:

perimeter is length around shape
25/2 multiply by 2 becoz it's got two equal sides
32/3 multiply by two for the other equal sides
add answers together to give you
46.3cm

3 0

3 years ago

Read 2 more answers

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:

$\text{EAY}=\frac{account_{year}}{2000}-1=\frac{4024.14}{2000}-1=1.0122$

The EAY is 101.22%

8 0

1 year ago

This is a linear equation/ graph quiz ! please help , my teacher makes no sense to me!

JulijaS [17]

Answer:

(8,5)

Step-by-step explanation:

5x - 2y = 30

coordinates are (x,y) so you plug in 8 for x and solve for y

5(8) - 2y = 30

40 - 2y = 30

subtract 40 from both sides to isolate y

-2y = -10

divide both sides by -2 to isolate y

y = 5

6 0

3 years ago

Read 2 more answers