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
AleksandrR [38]
2 years ago
14

Suppose Skyler invests in an annuity that pays 3.2% annual interest, compounded monthly. If she contributes $155 every month for

10 years, how much interest would she earn during that time? Round your answer to the nearest cent. Do NOT round until you have calculated the final answer.
Mathematics
1 answer:
Gennadij [26K]2 years ago
8 0

Answer:

$3286.47

Step-by-step explanation:

<u>155((1+0.032/12)^12*10</u>

          0.032/12

P_10 = 21886.46638739

155 * 12 * 10 = 18600

21886.46638739 = 18600 + I_10

I_10 = 3286.46638739

round answer to nearest cent

$3286.47

You might be interested in
Record for Boston Marathon's wheelchair division is 1 hour, 18 minutes, and 27 seconds.
aleksley [76]
1 hr 18 minutes and 27 seconds hmmm

there are 60 minutes in 1 hr, thus 18 minutes is 18/60 hrs or 0.3hr.

so 1hr 18min is 1.3 hrs

there are 60 seconds in 1 minute and 60 minutes in 1 hr, thus 60*60 seconds in 1hr, or 3600 seconds, so, 27 seconds is just 27/3600 hrs, or 0.0075 hrs.

so, 1.3 hr or 1.3000 hr for that matter plus 0.0075, is just 1.3075 hrs.

a)

so, they covered 26.2 miles in 1.3075 hrs, so the average speed is just 26.2/1.3075, or about 20.0382409177 miles/hr

b)

\bf \begin{array}{ccll}&#10;miles&hrs\\&#10;\text{\textemdash\textemdash\textemdash}&\text{\textemdash\textemdash\textemdash}\\&#10;26.2&1.3075\\&#10;30&h&#10;\end{array}\implies \cfrac{26.2}{30}=\cfrac{1.3075}{h}\implies h=\cfrac{1.3075\cdot 30}{26.2}

8 0
3 years ago
If the length of the side of a square is 3×-y what is the area of the square in terms of x and y
soldier1979 [14.2K]
(3x -y)(3x-y )= 9x^2 - 6xy + y^2
5 0
3 years ago
George earns $455 per week. George receives a 20% raise. How can George calculate his new weekly pay rate? Select all calculatio
Aleksandr [31]
It's only 455/x = 100 :))))))))
7 0
3 years ago
Which relationship between x and y in the equation shows a proportional relationship?
Harlamova29_29 [7]

Answer:

the answer is c

Step-by-step explanation:

at least they got a relationship

6 0
3 years ago
(Please someone help me!) (No links!)<br> I don't know what to do!!
NeTakaya

Answer:

the answer is the last one

Step-by-step explanation:

3 0
2 years ago
Other questions:
  • James flipped a quarter 40 times he flipped a head 18 times and a tale 22 times using his data what is the experimental probabil
    8·1 answer
  • Find the measure of angle K
    6·1 answer
  • What’s the geometric mean of 256 and 4
    5·1 answer
  • The perimeter of the triangular park on the right is 16x-6. What is the missing length? The bottom side length is 5x+4 and the r
    10·1 answer
  • Marianna martinez sells copy paper to local schools. SHE EARNS A 13 PERCENT STRAIGHT COMMISSION ON ALL SALES. IN NOVEMBER HER SA
    8·1 answer
  • What is the LCD of 8 5/12 and 3 5/8?
    13·1 answer
  • Simplify the expression -2/3 divided by 3 3/4
    5·1 answer
  • This is a poll for school: out of these which is your favorite?
    13·2 answers
  • A boat is traveling at a constant speed. In 10 hours, the boat travels 160 miles. How many hours will it take the boat to travel
    7·2 answers
  • 1. Rewrite the term 22m as a product of 11 and another factor.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!