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jeyben [28]
2 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]2 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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PLS ANSWER ASAP!!!!!<br> Simplify 5^-4/5^3
Alekssandra [29.7K]

Answer:

None on the above.

Step-by-step explanation:

Here’s what I got:

1/5^-1.

3+(-4)=-1

5^-4/5^3 = 1/5^-1

5 0
2 years ago
Point A(1,9) and point B(−4,−3) are located within the coordinate plane.
AlekseyPX

Answer:

The answer to your question is 13 units

Step-by-step explanation:

Data

A (1, 9)

B (-4, -3)

distance = ?

Formula

distance = \sqrt{(x2 - x1)^{2} + (y2 - y1)^{2}}

Substitution

distance = \sqrt{(-4 - 1)^{2} + (-3 - 9)^{2}}

Simplification

distance = \sqrt{(-5)^{2} + (-12)^{2}}

distance = \sqrt{25 + 144}

distance = \sqrt{169}

Result

distance = 13

8 0
3 years ago
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What is the relationship between the 3's in the number 9,338?
Serhud [2]
The 3 in the hundreds place (value of 300) has a value that is 10x the 3 in the tens (value of 30).
4 0
3 years ago
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A small pebble has a mass of<br> about<br> 20 L<br> b.<br> 20 ml<br> 20 g<br> 20 kg<br> d.
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Answer:

20g

since mass should be in kg or gram if small then g

7 0
3 years ago
A movie club offers two plans. Plan A charges $40 to sign up for the plan and $8 for each movie ticket. Plan B charges $67 to si
Travka [436]

Answer:

9

Step-by-step explanation:

X=Tickets bought

A=$40+$8x

B=$67+$5x

After 1 ticket bought it would be:

A=$48

B=$72

After 9 tickets bought:

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B=$112

From this you can see that Plan B is better for ones who would see 9+ movies as the recurring price would be lower. If you would only go to watch a couple movies, Plan A would be better.

3 0
3 years ago
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