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
melamori03 [73]
3 years ago
11

Lucy deposited $1,000 into an account that earns 2.5% compound interest, compounded yearly. How much interest will Lucy earn aft

er 8 years?
my answer is $1218.40 but supposedly it's wrong.
Mathematics
1 answer:
dexar [7]3 years ago
4 0

Answer:

the balance in the account after 20 years is $819

Step-by-step explanation:

The computation of the balance in the account after 20 years is shown below:

As we know that

Future value = Present value × (1 + rate of interest)^number of years

= $500 × (1 + 2.5%)^20

= $500 × 1.025^20

= $819

Hence, the balance in the account after 20 years is $819

You might be interested in
Please help ill help you!
Orlov [11]
For part a multiply the pound amount by 16. Your work would look something like this... (not actual answer) 10 pounds x 16= 160 ounces. So 10 pounds= 160 ounces!
For part B
0.15 gallons=1.2 pints
Example: .15 x 4= .6
.6 x 2= 1.2 pints
1.2 x 20 seconds= 24 pints!
Hope this helps
4 0
3 years ago
5: Answer the questions completely: Jordan has a new puppy. She wants to put a fence around part of her yard to cover an area of
irga5000 [103]

Given that Jordan has a new puppy and she wants to put a fence around part of her yard to cover an area of 200 square feet.

Now we have to find what dimensions (length x width) should she make the rectangular area. None of the length or width are given so there can be lots of answers.

Since area is rectangular and we know that rectangle has different value of length and width so we just need to find two factors of given area 200 square feet.

For example 20 times 10 is 200.


So the dimension of the rectangular area will be:

Length = 20 feet and width = 10 feet


Now perimeter of the rectangle is given by formula:

Perimeter = 2(length+width) = 2(20+10)=2(30)=60


Hence perimeter is 60 feet.


8 0
3 years ago
What is this answer plz help
scZoUnD [109]

Answer:

y=-3/4

i think

6 0
3 years ago
Help meee!!!!!!!! I need this to graduate!!!!!!!
Pie

Answer:

• Slope is the derivative of the function:

{ \rm{f(x) =  {x}^{3}  + 3 {x}^{2} + 3x + 1 }} \\  \\ { \tt{ \frac{dy}{dx}  = 3 {x}^{2} + 6x + 3 + 0 }}

• At, x = 0

{ \tt{ \frac{dy}{dx}  = 3 {(0)}^{2}  + 6(0) + 3}} \\  \\ { \boxed{ \tt{slope = 3}}}

3 0
2 years ago
Read 2 more answers
What fraction of an hour is 44 minutes
aleksandr82 [10.1K]

Answer:

44/60=11/15

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • What is the length of the diagonal AC in the rectangle below?
    10·2 answers
  • 2+5*3+4= what's the answer
    14·2 answers
  • How do you get the answer to 15/33 = m/22?
    14·1 answer
  • A manufacturer of personal computers sets tests competing brands and finds that the amounts of energy they require are normally
    5·1 answer
  • I don’t know how to label the sides as “opposite, adjacent, hypotenuse” so I’m not sure which formula to use
    8·1 answer
  • Anyone know this one
    11·1 answer
  • Can someone help with these questions?<br> ¿Alguien puede ayudar con estas preguntas?
    8·2 answers
  • . Adam is a field goal kicker. If he made 30
    13·2 answers
  • Find the distance between the two points.
    14·1 answer
  • What life cycle adaptation allows a seahorse to make lots of babies in a short amount of time? (2 points)
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!