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kumpel [21]
3 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]3 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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83%

Step-by-step explanation:

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8989890+85769090790509709-590
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8.5769091e+16

Step-by-step explanation:

7 0
3 years ago
The figure below shows concentric circles, both centered at 0.0
Rama09 [41]

Answer:

  C.  18 cm

Step-by-step explanation:

The ratio of the sides of the triangle shown is 12 : 15 = 4 : 5. We know it is a right triangle, so we know the missing side length completes the ratio

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Half of XY is 9 cm, so the length of the entire chord is 18 cm.

_____

The chord is tangent to the inner circle, so makes a 90° angle with the radius to that tangent point. This tells you that the triangle shown is a right triangle. It also tells you that the short radius bisects the chord. The Pythagorean theorem can be used to find the length of the side not shown (half the chord length).

The unknown side (a) can be found from  ...

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  225 -144 = a² . . . . . . subtract 12²

  81 = a² . . . . . . . . . . .  simplify

  9 = a . . . . . . . . . . . . . take the square root

The chord length is 2a, so is ...

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7 0
3 years ago
Which one of the following is
34kurt

Answer:

3 + b

Step-by-step explanation:

Hope this helped

3 0
2 years ago
What percent of $5.00 is $.75
meriva
75÷500 = 0.15 multiply with a hundred to get percentage equals 15℅
5 0
3 years ago
Read 2 more answers
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