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
adelina 88 [10]
3 years ago
5

Susan won $2000 and invested it into an account with an annual interest rate of 3.2%. If her investment were compounded monthly,

which expression best represents the value of her investment after t years
Mathematics
1 answer:
motikmotik3 years ago
4 0

Answer:

FV= PV*(1+i)^t

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $2,000

Interest rate (i)= 3.2% = 0.032

Number of periods= t

<u>To calculate the future value (FV) of the investment, we need to use the following formula:</u>

<u></u>

FV= PV*(1+i)^t

F<u>or example, Susan invests for 4 years:</u>

FV= 2,000*(1.032^4)

FV= $2,268.55

You might be interested in
15 point question
Natalka [10]

Answer:

It will cost $12.5 per person to charter a bus for 36 passengers

Step-by-step explanation:

The cost per person c of chartering a tour bus  varies inversely as the number of passengers  n.

We can write:

c\:\alpha \:\frac{1}{n} \\c=\frac{k}{n}

where k is constant of proportionality

We are given when c = 22.50, n = 20

We need to find c when n = 36

First using c = 22.50, n = 20 we will find k, the constant of proportionality

c=\frac{k}{n}\\22.50=\frac{k}{20}\\k=22.50 \times 20\\k=450

So, we get k = 450

Now, we will find c when n = 36

c=\frac{k}{n}\\c=\frac{450}{36}\\c=12.5

So, we get the value of c: c = 12.5

Therefore, It will cost $12.5 per person to charter a bus for 36 passengers

8 0
3 years ago
Explain whether the following statement is true or false.
Lena [83]

Answer:

I believe it is the second one false

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
QUICK HELP ME DUE IN 3 MINUTES 123456789x123456789
sammy [17]

Answer:

1.5241579e+16 is the answer

5 0
3 years ago
Read 2 more answers
Ratio in its simplest form 114 : 95
choli [55]

Answer:

Step-by-step explanation:

114:95 = 6:5

5 0
3 years ago
Please help me! Math
erastova [34]
A. 3/2
b.0.5
c.you have to add them
3 0
3 years ago
Other questions:
  • Someone help me write a paraphrase (about 5-6 sentences) IN SPANISH!! about my favorite season of the year which is spring (prim
    8·1 answer
  • I really need the answer for this problem
    7·1 answer
  • A submarine dives 300ft every 2 min. And 6,750ft every 45min. Find the constant rate at which the submarine dives. Give your ans
    7·1 answer
  • Which side is the included side for JKL and KLJ ?<br><br> JK<br> KL<br> JL
    7·2 answers
  • A vat contains 21.12 L of cleaning solution. Kenyon pours the solution into 0.44-L containers.
    11·2 answers
  • Marine biologists study the number of manatees killed by powerboats in Florida and warn that the growing number of powerboats re
    14·1 answer
  • Which graph represents the same relation is the rule y=2x for all real numbers
    13·1 answer
  • Equation -2x - 23 = 13x + 22 with explanation plz
    14·1 answer
  • What is the mean of 4,7
    12·1 answer
  • Please help me im strugeling
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!