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NISA [10]
2 years ago
10

Martha puts $240 in a savings account that earns 2% interest. if she leaves her money in the account for 5 years, how much simpl

e interest will she earn
Letter L by the way

Mathematics
1 answer:
Cerrena [4.2K]2 years ago
6 0

Answer:

The final balance is $265.24.

The total compound interest is $25.24.

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You put $200 into an account earning 6% interest compounded yearly.
VMariaS [17]

Answer:

43.35 years

Step-by-step explanation:

From the above question, we are to find Time t for compound interest

The formula is given as :

t = ln(A/P) / n[ln(1 + r/n)]

A = $2500

P = Principal = $200

R = 6%

n = Compounding frequency = 1

First, convert R as a percent to r as a decimal

r = R/100

r = 6/100

r = 0.06 per year,

Then, solve the equation for t

t = ln(A/P) / n[ln(1 + r/n)]

t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06/1)] )

t = ln(2,500.00/200.00) / ( 1 × [ln(1 + 0.06)] )

t = 43.346 years

Approximately = 43.35 years

7 0
2 years ago
​how many meters is the circumference of a circle with a radius of 20 cm?
Harman [31]
First find the circumference of the circle.
Circumference: 2 \pi r

Plug in 20 for the radius (r).
2 \pi20 = 125.66 

The circumference of the circle is 125.66 cm.
Now to find this in meters... there are 100 centimeters in 1 meter.

Divide 125.66 by 100 to find how many meters this is.
125.66 ÷ 100 = 1.26

The circle's circumference is 1.26 meters.
4 0
3 years ago
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Please help me ill give brainlist
alexgriva [62]
19 every time it goes up
8 0
2 years ago
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I am a square. My perimeter is 48 inches what is my area?
Fynjy0 [20]

Answer:

area=144

Step-by-step explanation:

so we need to find the length of each side

since its a square there is 4 sides

perimeter is all the sides added up

48/4=12

the formula for a squares are is b*h

12*12= 144

3 0
3 years ago
Read 2 more answers
Victor wants to have at least 10 dozen cookies for the bake sale. Which of the following inequalities correctly represents the n
finlep [7]

Answer:

c ≥ 10 dozen

Step-by-step explanation:

Victor wants to have at least 10 dozen cookies for the bake sale.

In layman terms it can be understood as that Victor wants either  10 dozen cookies or more than that such as 11, 12, 13, 50 , 100 whatever number is greater than 10.

Let the no. of dozen of cookies wanted by him is c

according to condition

if victor wants  either 10 dozen cookies

it can be represented mathematically as

c = 10 dozen  (1)

_____________________________________

If victor wants no. of dozens of cookies greater than 10 .

it can be written as

c >10  dozen (2) (">" is symbol for greater than . expression simply means value of x should be greater than 10)

______________________________________________

now combining  equation one and two, we have

c ≥ 10 dozen . It can means that x can take value starting from 10 to any no greater than..

7 0
3 years ago
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