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3 years ago

What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually? what is the answer

Mathematics

1 answer:

Stells [14]3 years ago

8 0

Answer:

1040

Step-by-step explanation:

20,000 is how much you have and you would multiply 20,000*5.2% or 20,000*.052 (converting a percent to a decimal.)

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9 times 2 = 18

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Vera_Pavlovna [14]

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48 Feet (ft) 16.000 Yards (yd)

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3 years ago

Monica is completing an Algebra test worth 100 points. There are 14 questions on the test that are equally valued. How many poin

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2 years ago

Kelly earns 15% more than her sister, and together they earn $999.75. How much does Kelly earn per week?

valina [46]

Answer:

534. 75

Step-by-step explanation:

let the income of kellys sister be x

kellys income=x+15% of x

=23x over 20

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3 years ago

P (6,6) y=2/3x

matrenka [14]

Answer:

$y = -\frac{3}{2}x+15$

Step-by-step explanation:

Given:

Given point P(6, 6)

The equation of the line.

$y = \frac{2}{3}x$

We need to find the equation of the line perpendicular to the given line that contains P

Solution:

The equation of the line.

$y = \frac{2}{3}x$

Now, we compare the given equation by standard form $y = mx +c$

So, slope of the line $m_{1} = \frac{2}{3}$ , and

y-intercept $c=0$

We know that the slope of the perpendicular line $m_{1}\times m_{2} = -1$

$m_{2}=-\frac{1}{m_{1}}$

$m_{2}=-\frac{1}{\frac{2}{3} }$

$m_{2}=-\frac{3}{2}$

So, the slope of the perpendicular line $m_{2}=-\frac{3}{2}$

From the above statement, line passes through the point P(6, 6).

Using slope intercept formula to know y-intercept.

$y=mx+c$

Substitute point $P(x_{1}, y_{1})=P(6, 6)$ and $m = m_{2}=-\frac{3}{2}$

$6=-\frac{3}{2}\times 6 +c$

$6=-3\times 3 +c$

$c=6+9$

$c=15$

So, the y-intercept of the perpendicular line $c=15$

Using point slope formula.

$y=mx+c$

Substitute $m = m_{2}=-\frac{3}{2}$ and $c=15$ in above equation.

$y = -\frac{3}{2}x+15$

Therefore: the equation of the perpendicular line $y = -\frac{3}{2}x+15$

8 0

3 years ago

What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually?​ what is the answer​

What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually? what is the answer