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denpristay [2]
3 years ago
12

Suppose your friend's parents invest $15,000 in an account paying 7% compounded annually. What will the balance be after 6 years

?
Mathematics
1 answer:
kykrilka [37]3 years ago
6 0

Answer:

$22,510.96

Step-by-step explanation:

Final investment value

$22,510.96

Total interest earned

$7,510.96

Initial balance

$15,000.00

Total monthly deposits

$0.00

Effective Annual Rate (APY)

7%  

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sashaice [31]
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The reason being is that 48 is first divisible by 12 and does not yield a fraction, and we can remove upon dividing 3 h's from this term as it contains a total of 5 h's.
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3 years ago
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Which equation represents a proportional relationship?
asambeis [7]

Given:

Four equations in the options.

To find:

The equation which represents a proportional relationship.

Solution:

If y is proportional to x, then

y\propto x

y=kx

where, k is the constant of proportionality.

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Therefore, the correct option is B.

6 0
2 years ago
Which is bigger 20% of 400 or 1//4 f 360
nekit [7.7K]
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3 years ago
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3 years ago
Could someone explain this to me
Bond [772]

Answer:

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The y-intercept for the first equation is -1 so draw a dot on the -1 on the y-axis

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