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AlladinOne [14]
3 years ago
11

An amount of $1,000 is deposited into a bank account that pays 5% annual interest. If there are no withdrawals or deposits, what

will be the balance of the account
after 3 years?
Your answer:
$1061.21
$1092.73
$1124.86
$1157.63
Mathematics
2 answers:
Nastasia [14]3 years ago
4 0

Answer:

$1124.86

Step-by-step explanation:

if wrong will give points back with brainlyest

if right can i get brainlyest

nekit [7.7K]3 years ago
4 0

A = P( 1 + r/n) ^ nt

A = 1000 ( 1 + 0.05 / 1) ^3

A = 1157.63

Answer is the last one

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Answer:

1.) 9.2

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633

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Step-by-step explanation:

I'm gonna assume that cm= compounded monthly

1.)

effective rate: .153/12= .01275

x= payments

2590.67=300*\frac{1-(1+.01275)^{-x}}{.01275}\\.110103476=1-1.01275^{-x}\\.889896525=1.01275^{-x}\\\log_{1.01275}.889896525=-x\\x=9.207

2.)

If there is no interest rate attached to financing through the deal the payment is just

37500/60 = 625

The monthly payment from the bank has a present value of 37500-3000=34500

and the effective rate is .039/12= .00325

34500=x\frac{1-(1.00325)^{-60}}{.00325}\\34500=54.43234738x\\x=633.81

Finally, the amount we save is just the difference

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Alja [10]
The term in the expansion:
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Answer:

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Step-by-step explanation:

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Using the assumed values, the volume of the cone is V = \frac {250}3\pi

<h3>How to determine the volume of the cone?</h3>

The volume of a cone is calculated using:

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The parameters are not given.

So, we use the following assumed values

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Using the assumed values, we have:

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