Ask question

Ask question

All categories

3 years ago

8

7300 dollars is placed in an account with an annual interest rate of 7.75%. To the nearest tenth of a year, how long will it tak

e for the account value to reach 26800 dollars?

1 answer:

Ivenika [448]3 years ago

8 0

Answer:17.4

Step-by-step explanation:

You might be interested in

3х+бх<br> What is 3x +6x simplified

balu736 [363]

Answer:

9x

Step-by-step explanation:

because they're like terms add them together

3x + 6x = 3 + 6 =

9x, could i have brainliest if possible thanks!

3 0

3 years ago

Read 2 more answers

A musical was sold out for three straight shows if 825 tickets were sold at each performance, how many tickets were sold in all

Gekata [30.6K]

<h3>Answer: 2475</h3>

Explanation:

You can compute the answer like this

3*825 = 2475

or you could say

825+825+825 = 2475

This is because each of the three shows sold 825 tickets. Repeated addition is the same as multiplication.

6 0

2 years ago

Write 11,760,825 in word form and expanded form

tankabanditka [31]

11,000,000 + 700,000 + 60,000 + 800 + 20 + 5 (expanded form)

eleven million seven hundred sixty thousand eight hundred twenty-five (word form)

5 0

4 years ago

Rationalize the denominator and simplify 1/√5

lozanna [386]

Answer:

$\frac{\sqrt{5} }{5}$

Step-by-step explanation:

$\frac{1}{\sqrt{5} }$ multiply each side by $\sqrt{5}$ which comes out to $\frac{\sqrt{5} }{5}$

8 0

3 years ago

Suppose you invest $75 a month in an annuity that earns 48% APR compounded monthly. How much money will you have in this account

il63 [147K]

Answer:

The money after 3 years is $5819.8735

Step-by-step explanation:

We are given

monthly payment =$75

so, P=75

annuity that earns 48% APR

so, r=48%

Since, it is compounded monthly

so,

$i=\frac{48}{12} =4$ %

i=0.04

$n=12\times 3=36$

now, we can use annuity formula

$FV=P[\frac{(1+i)^n-1}{i} ]$

where

FV is future value

now, we can plug values

$FV=75[\frac{(1+0.04)^{36}-1}{0.04} ]$

we get

$FV=5819.8735$

The money after 3 years is $5819.8735

4 0

3 years ago