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
skelet666 [1.2K]
3 years ago
6

periodic deposit of 3000 at the end of each year with a rate of 3.5 compounded annually for 10 years will have how much money

Mathematics
1 answer:
andrew-mc [135]3 years ago
7 0
Yaya
compound interetest


A=P(1+r)^t
for compounded annually
A=future amount
P=present amount
waait, we need to add 3000 per month

anyway, each year, we multiply by 1+3.5%=1+0.035=1.035
so

add 3000, multiply by 1.035
add 3000, multiply by 1.035
repeat until yo did it 10 times((3000+((3000+((3000+(3000(1.035)))(1.035)))(1.035))(1.035)), you get the idea
anyway, the answer is 36426.9757
rounded, it's about $36426.98

the sum will be
You might be interested in
Tell which rule applies to each expression
tankabanditka [31]

Answer:

1. Product

2. Power

3. Quotient

Step-by-step explanation:

1. It is multiplying.

2. Honestly it’s really distribution, but process of elimination it’s power because…

3. Is division.

I hope this helps, good luck! :)

7 0
2 years ago
Read 2 more answers
Yuuma applied the steps below to find the product of (–10.2)(–16.4).
goblinko [34]

Answer:

164+3.28

Step-by-step explanation:

(16.4)(10)+(16.4)(0.2)

164+3.28

167.28

4 0
2 years ago
If you set your automobile's cruise control to travel at a speed of 57 miles per hour, how long will it take you (in hours) to d
Sati [7]
3 hours and 45 minutes
6 0
3 years ago
In the pictures down below<br><br>Can anyone help? Fractions and percents<br><br> 
wariber [46]
1st Picture:
3)- \frac{6}{7} +\frac {10}{11}&#10;\\\\LCD:77&#10;\\\\\frac{6}{7}* \frac{11}{11} +  \frac{10}{11}*\frac{7}{7}= \frac{66}{77} + \frac{70}{77}  = \frac{136}{77} = 1\frac{59}{77} &#10; \\  \\ 4) 3\frac{6}{7}* 2 \frac{1}{10}=  \frac{27}{7} * \frac{21}{10} = \frac{567}{70} =\frac{81}{10} = 8\frac{1}{10}&#10;\\\\5)2\frac{1}{2}+3\frac{1}{3}&#10;\\\\LCD: 6&#10;\\\\ 2\frac{3}{6} + 3\frac{2}{6} =5\frac{5}{6}&#10;\\\\6)5\frac{1}{8}*-6\frac{6}{11}=\frac{41}{8}* \frac{72}{11}=\frac{2952}{88}=\frac{369}{11}=33\frac{6}{11}

2nd Picture:

1)80 percent of 80 = .8*80 =64&#10;\\\boxed{64}&#10;\\\\2)95percent of 100=.95*100=95&#10;\\\boxed{95}
7 0
3 years ago
Greg rented a truck for one day there was a base fee of $16.99 and there was additional charge of $.89 for each mile driven Greg
julia-pushkina [17]
Let m represent the number of mile Greg drove. His rental charge was
   207.45 = 16.99 + 0.89m
Subtract 16.99 and divide by 0.89
   190.46 = 0.89 m
   214 = m

Greg drove the truck 214 miles.
7 0
3 years ago
Other questions:
  • Which trig functions are positive for angles terminating in quadrant IV
    14·1 answer
  • On Monday Sarah had homework in 7⁄10 of her classes, Tuesday 3⁄5 , Wednesday 9⁄11 , and Thursday 1⁄2 . Which day did she have th
    6·1 answer
  • If 5 slices of pizza cost 5.50 how much do 2 slices cost 10 half a slice?
    14·2 answers
  • Can anyone solve this radical equation?
    5·2 answers
  • How to determine if the line is parallel , perpendicular, or neither
    5·1 answer
  • Adrian
    15·1 answer
  • Please help; I'd love for someone to help me with this question that makes no sense what so ever
    7·2 answers
  • Can anyone simplify this??
    8·1 answer
  • Using the grid below, let's plot the following points and label them with the letter.
    5·1 answer
  • Tell me if right plz
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!