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
egoroff_w [7]
2 years ago
5

You deposit $400 in an account earning 6% interest compounded annually. How much will you have in the account in 10 years?

Mathematics
1 answer:
Alenkasestr [34]2 years ago
6 0

Answer:

$716.34

Step-by-step explanation:

The Simple formula for compound interest:

P(1+\frac{r}{100} )^t

P = Principle Amount

r = Rate

t = Time

Substituting the numbers into the formula:

400(1+\frac{6}{100} )^{10}

= 716.339078617

≈ $716.34 (Rounded off to two decimal places)

You might be interested in
What are the next three terms in the pattern 2, 6, 18, 54, ...?
castortr0y [4]

Answer:

OPTION B: 162, 486, 1458

Step-by-step explanation:

The given sequence is 2, 6, 18, 54, . . .

It is a geometric sequence and the common difference is 3.

The general form of a geometric sequence is: a, ar, ar², ar³, . . .

Here a = 2 and r = 3.

$ n^{th} $ term of a Geometric progression is $ ar^{n - 1} $.

Note that the fourth term is 54.

i.e., $ ar^3 = 54 $

$ \implies ar^4 = ar^3 . r = 54 . 3 = 162 $.

Similarly, $ ar^6 = 162 \times 3 = 486 $.

Also, $ ar^7 = ar^6 . r = 486 \times 3 = 1458 $.

Hence, OPTION B is the answer.

8 0
2 years ago
Read 2 more answers
The area of a rectangular carpet is 28 square feet. The length is three feet more then the width. Find the length and the width
Vanyuwa [196]
Length: 7
Width: 4
Hope this helps!!
8 0
3 years ago
Read 2 more answers
Some advantages of consolidating your debt into a single loan are _________. Help Please !
Liono4ka [1.6K]
Well, one advantage simply is that its a loan.  If its a loan, you can pay little by little until its paid off.  Not sure if this helps, but I hope it does.  
8 0
3 years ago
4. Where in the ocean does the water droplet need to be located in order to evaporate?
weeeeeb [17]

Answer:

C or D most likely C

Step-by-step explanation:

Definitely not A or B they don’t matter or make sense.. C makes more sense because it’s directly hit with heat needed to evaporate, for D to be lower it’ll take longer if at all to evaporate because it’s colder closer to the sea floor

3 0
3 years ago
Write a word problem that involves adding or subtracting two fractions. Draw a model and describe how you would act out the prob
RSB [31]
Feel free to change it up a little.
Sam and his friend went out for pancakes. They ordered a huge stack of pancakes but the waitress didn't give them enough maple syrup. Sam got 1/5 of a cup of syrup and his friend got 1/2 of a cup. If they wanted a lot of syrup, they would have to combine their cup of syrup.
How much syrup would they have if they combined their cups of syrup?

Now solve.
First, find the common denominator
10 is the common denominator
1/5=2/10 1/2=5/10
2/10+5/10=7/10

Sam and his friend has 7/10 cups of syrup, now they have enough and are satisfied
4 0
3 years ago
Other questions:
  • A city plans to build a new rectangular-shaped park. The perimeter of the park will be 940 meters. The width of the park will be
    12·1 answer
  • Prove that if m + n and n + p are even integers, where m, n, and p are integers, then m + p is even. what kind of proof did you
    6·1 answer
  • Having a little trouble help?
    6·1 answer
  • Assume that y varies inversely with x. If y = 4 when x = 4, find y = when x = 2.<br><br> y = [?]
    9·1 answer
  • ×/5=2 what is it i need help with homework
    8·2 answers
  • 6) Maria bought seven boxes. A week later
    13·2 answers
  • Find the value of x. Show all work.
    11·2 answers
  • Write the slope-intercept form of the equation of the line.<br> slope = 1, y, int = -2
    6·2 answers
  • Help me please!!!:):)
    8·2 answers
  • pls help Using the pattern learned for the square of a binomial, square (3x-5y^2) Explain the pattern.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!