Ask question

Ask question

All categories

3 years ago

12

invests $8,000 in a savings plan that pays 5% per year. What will the account balance be at the end of the first year?

1 answer:

jeka57 [31]3 years ago

8 0

The equation is I = PRT where I is the interest to, P is the principal, or money deposited, R is the rate in decimal form, and T is time in years.

I = (8,000)(0.05)(1)
I = $400

Add that to the original deposit and you have $8,400 as the account balance at the end of the first year

You might be interested in

blsea [12.9K]

You would need too do 5*5=25 if you did 5*7=35 that would be wrong

7 0

3 years ago

The square below represents one whole. Express the shaded area as a fraction, a decimal, and a percent of the whole. Fraction: D

Igoryamba

Answer:

Fraction = $\frac{19}{50}$

Decimal = 0.38

Percent = 38%

Step-by-step explanation:

Number of shaded rectangles = 38

Total number of rectangles = 100

Fraction represented by the shaded area = $\frac{\text{Number of blocks shaded}}{\text{Total number of blocks}}$

= $\frac{38}{100}$

= $\frac{19\times 2}{50\times 2}$

= $\frac{19}{50}$

Decimal form of the shaded area = $\frac{38}{100}$ = 0.38

Percent of the shaded area = $\frac{38}{100}$ = 38%

7 0

3 years ago

Segment EF is a mid segment of triangle ABC. IF BC = 12 cm, what is the measure of segment EF?

Effectus [21]

The answer is 6 cm. The mid segment is half of BC

8 0

3 years ago

Read 2 more answers

How does Mr. Peters get to ask for three wishes?

satela [25.4K]

Answer:

find a Jennie

Step-by-step explanation:

just don't expect him to grant you more wishes if that's one of your wishes

8 0

3 years ago

Insert <, >, or = between the fractions to make the sentence true. <br><br> 3/4 _____ 4/7

ratelena [41]

3/4 = .75
4/7 = .57

the answer is : 3/4 > 4/7

6 0

3 years ago

Read 2 more answers