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Marrrta [24]
3 years ago
5

You deposit $8500 in an account that pays 1.78% annual interest. Find the balance after 10 years when the interest is compounded

Mathematics
2 answers:
Feliz [49]3 years ago
8 0

Step-by-step explanation:

step 1. let's call the balance A, the initial amount P, the yearly rate r, the number of compounds yearly n, and the time t.

step 2. A = P(1 + r/n)^(nt) (compounding equation)

step 3. A = 8500(1 + .0178/12)^((12)(10))

step 4. A = 8500(1.00148334)^120

step 5. A = $10,154.68.

KiRa [710]3 years ago
6 0

Answer:  The  answer is $10,154.68.

Step-by-step explanation:

Just took the exam for English eleven

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A bicycle lock requires a two-digit code of numbers 1 through 9, and any digit may be used only once. Which expression would det
sweet-ann [11.9K]
The answer is the first choice.

P(both even) = (4P1)(3P1) / 9P2
5 0
3 years ago
Read 2 more answers
Whole-wheat bread costs $2.06/lb. How much would 3.8 lb of whole-wheat bread cost?
Xelga [282]
Whole-wheat bread = $2.06/lb

We need the cost of 3.8 lbs of whole-wheat bread.

So, we simply need to multiply the cost with the amount needed.

(cost per pound) × (amount of bread)

($2.06) × (3.8)

Simplify.

$7.828

Round to the nearest tenths.

$7.83

So, 3.8 pounds of whole wheat bread costs $7.83

~Hope I helped!~


7 0
3 years ago
Read 2 more answers
What is 7 devided by 245 and show work
agasfer [191]

1. <span>Set up the long division.
</span>
<span>245/7</span>

2. <span>Calculate 700 ÷ 245, which is 2 with a remainder of 210.
</span>
<span><span>0.02</span><span>245/7.</span><span>4.90</span><span>2.10</span></span>

3. <span>Bring down 0, so that 2100 is large enough to be divided by 245.
</span>
<span><span>0.02</span><span>245|/.</span><span>4.90</span><span>2.100</span></span>

4. <span>Calculate 2100 ÷ 245, which is 8 with a remainder of 140.
</span>
<span><span>0.028</span><span>245|/.</span><span>4.90</span><span>2.100</span><span>1.960</span><span>140</span></span>

5. <span>Bring down 0, so that 1400 is large enough to be divided by 245.
</span>
<span><span>0.028</span><span>245/7.</span><span>4.90</span><span>2.100</span><span>1.960</span><span>1400</span></span>
6. <span>Calculate 1400 ÷ 245, which is 5 with a remainder of 175.
</span>
<span><span>0.0285</span><span>245|7.</span><span>4.90</span><span>2.100</span><span>1.960</span><span>1400</span><span>1225</span><span>175</span></span>

7. <span>Therefore, 7 divided by 245 approximately equals 0.0285
</span><span><span>7÷245≈0.0285</span></span>

8. <span>Simplify
</span><span><span><span>0.0285  <------------- Answer :) </span></span>
</span>

8 0
2 years ago
BRAINLEIST!!!! You have a credit card with a balance of $754.43 at a 13.6% APR. You have $300.00 available each month to save or
Alex
We are given
P = $754.43
r = 13.6% annual

for a.
A = 150
for b.
A = 300

First, change the interest into effective monthly
i = (1 + 0.136/12)^12 - 1
Solve for i

Next, use the general formula
A = P i ( 1 + i)^n / (1 + 1)^n - 1
Subsitute P, i, and A for a and b.
Then, solve for n for a and b.
6 0
3 years ago
Can someone offer help to this ratio question
AlekseyPX

Answer:

Cherry Pink has not been made (25:17\neq 4:3)

Step-by-step explanation:

Given that she already has 60litres of Rose Pink paint, we use the ratios to determine the volumes of red/white used:

Rose Pink=60l\\\\Red=\frac{1}{3}\times 60\\\\=20l\\\\White=\frac{2}{3}\times 60\\\\=40l

#Add these proportions to the additional red and white paints to determine if Cherry Pink has been made:

V_r=20l+80l\\\\=100l\\\\V_w=40l+28l\\\\=68l\\\\\therefore r:w=100l:68l     \ \ \ \ \  \ \ \ \  \ \# simplify\\\\r:w=25:17

We equate this proportion to the Cherry Pink proportion to verify if Cherry pink has been made:

25:17\neq 4:3

Hence, Cherry pink has not been made.

3 0
3 years ago
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