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miv72 [106K]
2 years ago
8

Thomas deposited $1500 into a savings account. He is earning 6% Interest compounded quarterly. How much money will Thomas have i

n his account after 10 years? Round
appropriately
Mathematics
1 answer:
gavmur [86]2 years ago
4 0

Answer:

Rs. 1186 is the required answer.

Step by step answer:

Given:

Principle (P)=$1500

Rate of Interest (R)= 6%

Time period (T)=10 years

Compound Interest (CI)=P((1+6/100)^T-1)

=1500((1+6/100)^10-1)

= Rs. 1186 (approximately)

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Which graph represents the solution to the given system? y = –2x + 5 and y = 3x – 2
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Since both equations are equal to 'y' you can set them equal to each other to solve.
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4 0
3 years ago
Read 2 more answers
If 60 is increased by 90%, what is the new amount?
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Answer:

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Step-by-step explanation:

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pls mark me as brailiest if it is correct and learn well

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2 years ago
A baker uses 1.5 tsp of vanilla extract in each cake. how much vanilla extract in liters should the baker order to make 800 cake
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