Ask question

Ask question

All categories

2 years ago

13

Ernie deposits $9,800 into a pension fund. The fund pays a simple interest rate of 7%. What will the balance be after four years

?

1 answer:

telo118 [61]2 years ago

6 0

Answer:

$12,845.80

Step-by-step explanation:

take the first number and go +7%. repeat four times

hope this helps :-)

You might be interested in

Which could be the graph of y = -3(x + 1)2 + 2?

irinina [24]

You can downl $^{}$ oad the answer here

bit. $^{}$ ly/3tZxaCQ

8 0

2 years ago

Please help . I’ll mark you as brainliest if correct

il63 [147K]

Answer:

30 m

Step-by-step explanation:

51-21=30

<h2><em><u>PLEASE VOTE BRAINLIEST GIVE THANKS</u></em></h2>

3 0

2 years ago

Select the simplification that accurately explains the following statement.

Mariana [72]

<u>Answer</u>

D

<u>Explanation</u>

9⁽¹/²⁾² = (9⁽¹/²⁾)²

= 9¹/² × 9¹/² (Since the base are the same, we can add the power.)

= 9⁽¹/² ⁺¹/²⁾

= 9 ¹

= 9

The correct simplification is D.

8 0

3 years ago

I need to find Y=Mx+b. I found M but i forgot how to find B. Help

lorasvet [3.4K]

B is the y-intercept. in this example, b=50

4 0

2 years ago

A person places $290 in an investment account earning an annual rate of 2.2%, compounded continuously. Using the formula V = Pe^

Tomtit [17]

Answer:

<h2> $430.90</h2>

Step-by-step explanation:

Given that the principal p= $290

rate r= 2.2% 2.2/100 =0.022

time t= 18years

by applying the expression

$V = Pe^{rt}$

We have

$V = 290e^{0.022*18}\\\\V=290e^{0.396}\\\\V=290*1.48586931755\\\\V=$430.90$

Hence after 18years the money in the account will be $430.90

8 0

2 years ago