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kumpel [21]
2 years ago
6

What is the total amount that First Consumer Bank will receive after lending Jane $7,000 for three years at an interest rate of

5 percent, compounded annually?
Mathematics
1 answer:
nlexa [21]2 years ago
7 0
<span>In 3 years, you will have $8,103.38

Formula:
</span>

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

Where:

A = the future value of the investment/loan, including interest
P = the principal investment amount (the initial deposit or loan amount)
r = the annual interest rate (decimal)
n = the number of times that interest is compounded per year
t = the number of years the money is invested or borrowed for

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If a dozen eggs cost $1.35, what is the unit cost?
slava [35]
1 dozen eggs = 12 eggs

1.35 / 12 = 0.1125.....so the unit cost = $ 0.11 (11 cents) per egg
6 0
3 years ago
A jewelry retailer offers a pendant for $95, and matching earrings for $68.95.
wel
95 + 68,95 = 163,95
6,1% de 163,95 = 
(6,1*163,95)/100 = 
10,00095 ~ $10,00
4 0
2 years ago
......Help Please.....
Ad libitum [116K]

Answer:

A= 4 , B= 3

Step-by-step explanation:

Simply put, use systems of equations to solve for A and B. First make y equal 4, and to make A equal to four, while being multiplied by 1 it has to be 4. Then solve backwards and now you know that A equals four, what multiplied by 4 is equal to 36, 9. What is the square root of 9? 3!

8 0
3 years ago
Help me out the meaning
WITCHER [35]

slope intercept form:

y = mx + b

m = slope

b = y-intercept

the y-intercept is the place on the y-axis (vertical) where the line crosses. In this problem, the line crosses at (0,4), meaning the y-intercept is 4.

y = mx + 4

the slope is technically the rate of change (rise over run) bewteen points.

If you take the distance from point (-1,3) and (0,4) you get a slope of 1/1, or just 1

y = 1x +4

this could also be:

y = x + 4

(because the 1 is invisible but still there)

5 0
3 years ago
Round to the nearest hundredth. Express 160 pounds in kilograms
Marrrta [24]

Answer:

72.57 kg

Step-by-step explanation:

1 pound = .453592 kg

1 * 160 = 160 pounds

.453592 * 160 = 72.5748 kg

5 0
3 years ago
Read 2 more answers
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