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jeyben [28]
3 years ago
7

Suppose that $575.75 is invested in a savings account with an APR of 12% compounded monthly. What is the future value of the acc

ount in 5 years?
Mathematics
1 answer:
SOVA2 [1]3 years ago
7 0

Answer:

FV= $1,045.96

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $575.75

Number of periods (n)= 15*5= 60 months

Interest rate (i)= 0.12 / 12= 0.01

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

FV= PV*(1+i)^n

FV= 575.75*(1.01^60)

FV= $1,045.96

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$5.48 round to nearest hundredth
kifflom [539]

Answer:

you are already in the hundredths

Step-by-step explanation:

5.48

5= the ones place

4= the tenths place

8= the hundredths

6 0
3 years ago
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Which angle is an acute angle?
Aleks [24]

Answer:

<CPB

Step-by-step explanation:

Because <APE= right angle

<APC= Obtuse angle

<CPE= Obtuse Angle.

Also, <CPB because its the only angle below 90 degrees and an acute angle must be below 90 degrees.

8 0
1 year ago
What is 680.4•453.6???
Schach [20]

Answer:

308629.44

Step-by-step explanation:

6 0
3 years ago
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The figure is made from squares of different sizes.Find the area of A if the side of each of the two indentical smallest square
Temka [501]

Answer:

The area of square A is 256 cm²

Step-by-step explanation:

  • <em>The four sides of a square are equal in length</em>
  • <em>Area of a square = side × side</em>

In the given figure

∵ The sides of the square E = 2 cm each

∵ The sides of the square F = 2 cm each

∵ The side of square D is the sum of the sides of squares E and F

∴ The sides of the square D = 2 + 2 = 4 cm each

∵ The side of square C is the sum of the sides of squares E and D

∴ The sides of square C = 2 + 4 = 6 cm each

∵ The side of square B is the sum of the sides of squares C, E, and F

∴ The sides of square B = 6 + 2 + 2= 10 cm each

∵ The side of square A is the sum of the sides of squares B, F, and D

∴ The sides of square A = 10 + 2 + 4= 16 cm each

∵ Area of square A = side × side

∴ Area of square A = 16 × 16

∴ Area of square A = 256 cm²

∴ The area of square A is 256 cm²

3 0
3 years ago
What are the zeros of the quadratic function f(x) = 6x2 – 24x + 1?<br><br> fast please
xxTIMURxx [149]

Answer:      6(x²-4x+4-4)+1=0, 6(x-2)²-24+1=0, 6(x-2)²=23, x-2=±√(23/6), x=2±√(23/6)=2±1.95789, so x=3.95789 or 0.04211 approx. these are the zeros.

step by step explanation:

\boxed{\boxed{\dfrac{12+\sqrt{138}}{6},\ \dfrac{12-\sqrt{138}}{6}}}

Solution-

The quadratic function is,

6x^2-24x + 1

a = 6, b = -24, c = 1

x=\dfrac{-b\pm \sqrt{b^2-4ac}}{2a}

=\dfrac{-(-24)\pm \sqrt{-24^2-4\cdot 6\cdot 1}}{2\cdot 6}

=\dfrac{24\pm \sqrt{576-24}}{12}

=\dfrac{24\pm \sqrt{552}}{12}

=\dfrac{24\pm 2\sqrt{138}}{12}

=\dfrac{12\pm \sqrt{138}}{6}

=\dfrac{12+\sqrt{138}}{6},\ \dfrac{12-\sqrt{138}}{6}

4 0
4 years ago
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