1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ladessa [460]
2 years ago
6

An initial deposit of $7,000 earns 6.5% interest, compounded monthly. How

Mathematics
1 answer:
zavuch27 [327]2 years ago
6 0

Answer:

$34,300

Step-by-step explanation:

First, we need to find how much interest is earned in one month : 7,000 * 6.5% = 455

455 is how much you gain monthly, multiply that by 12 to find the annual interest so 455 * 12 = 5,460

You then multiply that number by 5 to find the interest of the span of the 5 years

5,460 * 5 = 27,300

You add the original number to the interest with 27,300 + 7,000 = 34,300 in the account

You might be interested in
an architect creates a scale model of a building with a scale of 3 inches = 11 feet. if the actual width of the building is 121
JulsSmile [24]

Answer:

the awnser is 3 because 3 * 11 = 33 then 121 divided by 33 = 3

Step-by-step explanation:

6 0
3 years ago
Graph: X+2(y-1) ²=4​
mel-nik [20]

Answer:

See attached photo.

Step-by-step explanation:

x = -2y^2 + 4y + 2

7 0
3 years ago
Read 2 more answers
Ill mark brainlist plss help
Luden [163]
The answer is 222ft.
6 0
2 years ago
What is 1 and 5/6 as a decimal?
balandron [24]

Answer: 1.83

Step-by-step explanation:

Hope this helps!

8 0
3 years ago
Square root of 18 as a mixed number
Vika [28.1K]
4 1/5 should be your answer 
6 0
3 years ago
Other questions:
  • A video game store made a display of game console boxes shown at the right. The length, width, and height of each game console b
    5·1 answer
  • The total number of cups of flour (
    13·1 answer
  • The average height of students in Ms. Stevenson's 8th grade class is 58 inches. The graph below shows the actual heights in inch
    5·2 answers
  • If u come across this can you PLEASE HELP
    8·1 answer
  • When are two distinct nonvertical lines parallel?
    11·1 answer
  • Lorenzo reads at a rate of 45 words per minute. If he reads at a constant rate, how many words can he read in 6 minutes?
    5·2 answers
  • Solve <br><br><br><br><br><br> Please help me
    14·1 answer
  • Consider the cases SSS, AAS, ASA, SAS, and SSA. For which of these cases are you unable to solve the triangle using only the Law
    10·1 answer
  • What is the y-intercept of the function f(x) = -2/9+1/3<br> .
    8·1 answer
  • Solve for x.<br> 1/3 x+4=-2/3 x+12
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!