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Natalka [10]
3 years ago
7

Shamika's grandmother opens an account with a deposit of $5,000 for Shamika as a college savings account. The account pays 5 per

cent annual interest. How much money will be in the account after 10 years?
Mathematics
1 answer:
lesantik [10]3 years ago
7 0

Answer:

$7500

Step-by-step explanation:

$5000 was deposited

5% annual interest of the $5000 is $250

so in ten years the interest will be 10 ×$250 =$2500

so the total sum that will be in the account is $5000 + $2500 =$7500

You might be interested in
The quadrilaterals JKLM and PQRS are similar.
AlladinOne [14]

Answer:

x = 6.3

Step-by-step explanation:

since the quadrilaterals are similar then the ratios of corresponding sides are in proportion, that is

\frac{QR}{KL} = \frac{RS}{LM} ( substitute values )

\frac{x}{7} = \frac{3.6}{4} ( cross- multiply )

4x = 7 × 3.6 = 35.2 ( divide both sides by 4 )

x = 6.3

7 0
2 years ago
In the year 2009, a company made $5.4 million in profit. For each consecutive year after that, their profit increased by 11%. Ho
mrs_skeptik [129]

Answer:

Hi Grif05!

Your answer is 7.1 million.

To be exact , 7182000

Step-by-step explanation:

The distance between 2009 and 2012 is 3 years so we multiply.

11x3=33.

Now we must find 33% of 5.4 million.

33 % of 5.4 million is 1782000.

33% of 5400000 = 1782000

We then add 33% of 5.4 million to itself.

We get an answer of 7182000.

Hope this helps! Tell me if I'm wrong please :)

5 0
2 years ago
A large school district is reevaluating its teachers' salaries. They have decided to use regression analysis to predict mean tea
inna [77]

Answer:

a) Y = 35,422.12

b) Y = 29,367.67

c) 1,210.89

Step-by-step explanation:

The salary of teachers is forecasted by the following equation,

Y = 23,313.22 + 1,210.89X

Where Y is the forecasted salary and X is the years of experience.

(a) If a teacher has 10 years of experience, what is the forecasted salary?

Here we have X = 10

Y = 23,313.22 + 1,210.89(10)

Y = 23,313.22 + 12,108.9

Y = 35,422.12

(b) If a teacher has 5 years of experience, what is the forecasted salary?

Here we have X = 5

Y = 23,313.22 + 1,210.89(5)

Y = 23,313.22 + 6,054.45

Y = 29,367.67

(c) Based on this equation, for every additional year of service, a teacher could expect his or her salary to increase by how much?

For every additional year of service, a teacher could expect an increase of  1,210.89.

7 0
2 years ago
John says that 0.5y for y=1.4 is 0.7<br> Is he correct? Explain.<br> 17 points
Alona [7]
John is correct because 0.5 is equal to one half and multiplying something by its half is just same as dividing something in two and half of 1.4 is 0.5

(sorry if it's too long feel free to shorten it)
7 0
3 years ago
Read 2 more answers
I will give you BRAINLIEST for the correct answer
masya89 [10]

Answer:

d

Step-by-step explanation:

5 0
3 years ago
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