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luda_lava [24]
3 years ago
13

Cker

Mathematics
1 answer:
Alenkinab [10]3 years ago
7 0
Option a) is the right answer
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Jack has $500 to invest. The bank offers an interest rate of 6% compounded annually. How much money will Jack have
g100num [7]
<h2>Answer with explanation:</h2>

The formula to calculate the compound amount is given by :-

A=P(1+r)^t, where P is the Principal amount invested , r is the rate of interest ( in decimal ), and t is the time period ( in years).

As per given , we have

P= $500  ,  r= 6%=0.06

Then the formula to find the compound amount after t years :

A=500(1.06)^t  (Put values of P and r in the formula)

For t=1

A=500(1.06)^1=530  

Jack will have $530 after 1 year.

For t=2

A=500(1.06)^2=561.8  

Jack will have $561.8 after 2 years.

For t=5

A=500(1.06)^{5}=669.1127888\approx669.11  

Jack will have $669.11 after 5 years.

For t=10

A=500(1.06)^{10}=895.423848271\approx895.42  

Jack will have $895.42 after 10 years.

3 0
4 years ago
Please answer this correctly
Ksju [112]

Answer:

41-50 ⇒ 4

Step-by-step explanation:

Numbers 42,43,45 and 48 in the range of 41-50 so there are 4 numbers in the range

5 0
4 years ago
Read 2 more answers
PLS ANSWER NOW WILL EARN BRAINLIEST IF RIGHT
Vitek1552 [10]

Answer: i think it is about 3.6%


Step-by-step explanation:


8 0
3 years ago
dj has 2 5/8 cups of yogurt to make smoothies. each smoothies use 1/4 cups of yogurt. what is the maximum number of smoothies dj
Vadim26 [7]

Answer:

Step-by-step explanation:

21/8 * 4/1 = 21/2 = 10.5 cups

5 0
3 years ago
A piece of fabric is 7/9 yard long.A piece of ribbon is 2/9 yard long.How many more yards of ribbon do you need to have equal le
arsen [322]

Answer:

5/9 yards

Step-by-step explanation:

Just subtract 2/9 from 5/9 to find the difference, which is the answer.

8 0
3 years ago
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