Ask question

Ask question

All categories

2 years ago

9

Felix has $50 in a savings account that earns 5% interest, compounded annually. To the nearest cent, how much interest will he e

arn in 2 years?

1 answer:

qwelly [4]2 years ago

8 0

Answer:

$55.13

Step-by-step explanation:

50 * 1.05 = 52.5

<em>We do this step twice because the interest is for </em><em>2 years.</em>

52.5 * 1.05 = 55.125

<em>This rounds up to 55.13, your final answer!</em>

You might be interested in

Write the equation of the line that is parallel to line c and passes through (3,-4).

Yuki888 [10]

Whats line c slope intercept form?

4 0

3 years ago

(Picture Included) could someone give me the answers to #6?

Aliun [14]

1/6 I think i might be wrong

7 0

2 years ago

Read 2 more answers

Can someone plz help me on 4-6

Anna [14]

The answer to 4-6 is negative 2

3 0

2 years ago

Please help me..stuck on problem.

Dvinal [7]

7a
TSA = 2lw<span> + 2</span>lh<span> + 2</span><span>wh
TSA = 140 + 70 + 100 = 310 ft^2

7b

310 x $4 =$1240
cost = </span>$1240

7c

V= wlh = <span>7×10×5 = </span><span>350 ft^3</span>

4 0

2 years ago

The graph below is the solution for which sets of inequalities?

Reil [10]

Answer:

the first one

Step-by-step explanation:

i did the test and got it right

8 0

2 years ago