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
KIM [24]
3 years ago
6

Juan invested $100 in a savings account the earns 5% annually. The value, A, of the investment can be calculated using the equat

ion A=p(1+r) with and exponent of t, where p is the investment in dollars, r is the interest rate, and t is the time of years. What amount will be in the savings account in two years?
Mathematics
1 answer:
Karolina [17]3 years ago
6 0

Answer:

$110.25

Step-by-step explanation:

Step one:

given

principal= $100

rate= 5%

time = 2 years

Required

The final amount

Step two:

The compound interest formula is

A=p(1+r)^t

substituting we have

A=100(1+0.05)^2\\\\A=100(1.05)^2\\\\A=100*1.1025\\\\A=110.25\\\\

The final amount is $110.25

You might be interested in
If a person walks 2.4 miles in 1.5 hours,how far can he walk in 3 hours
expeople1 [14]
1.5 hours is half of 3
so 1.5+1.5=3 and 2.4+2.4=4.8
That person can walk 4.8 miles in 3 hours
Hope I helped :)
5 0
3 years ago
Read 2 more answers
Find the unknown side length, x
Sonja [21]
On PHOTO!!!!!!!!!!!!

7 0
3 years ago
Tennis balls are filled with nitrogen gas. 1.7% of nitrogen gas has escaped from a particular ball after 10 hits.
bezimeni [28]
I got 96.09% -- 1.7% x 10= .17 .17 x 23= 3.91 100%-3.91= 96.09%
7 0
3 years ago
Which of the following are geometric sequences?
Nana76 [90]
B. 10, 5, 2.5, 1.25, 0.625, 0.3125
5 0
3 years ago
2.5 X 10^5 divided by 1.0 X 10^10
bekas [8.4K]

Answer:

0.000025

Step-by-step explanation:

PEMDAS (Exponets first.)

10^5 = 100,000

10^10 = 10,000,000,000

rewrite

2.5 x 100,000 divided by 1.0 x 10,000,000,000

PEMDAS (multiplication next.)

2.5 x (10^5) = 250,000

1.0 x (10^10) = 10,000,000,000

rewrite.

250,000 divided by 10,000,000,000 = 0.000025

0.000025

6 0
3 years ago
Other questions:
  • In triangle JKL, solve for x
    5·2 answers
  • Which calculation will ALWAYS give a result greater than 1?
    8·2 answers
  • P − 4.8 less than or = to 6.
    11·2 answers
  • Can someone please help me
    11·1 answer
  • How many ways can 4 people sit at a table with 6 seats
    10·1 answer
  • The base of a polyhedron is a square and the lateral faces are triangles. What polyhedron is being described??
    14·1 answer
  • A phone company charges a monthly rate of $12.95 and $0.25 a minute per call.
    14·1 answer
  • Fill in the blank with the appropriate angle:
    13·1 answer
  • Through(0,4), parallel to -2x+4y=7
    6·1 answer
  • The table shows the scoresof 20 students in a test, work out the mean score
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!