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givi [52]
2 years ago
6

If you deposit $400 into an account that offers a 5% interest rate. How much interest will you earn after 1 year?​

Mathematics
1 answer:
DIA [1.3K]2 years ago
5 0

Answer:

Answer: The answer is $20

Multiply 400 by .05 or 5%.

If you wanna know 6 years it would be 536 usd

Explanation:

This would be an compound interest. Meaning that your gain every year would increase exponentially.

The equation to calculate this would be: Kn = K0⋅

(1+p100)n Kn is your savings after the period nK0 is your starting deposit p is the percentage n is the period of interest for your example we would have.

Kn=400⋅

(1+5100)6

Step-by-step explanation:

CREDIT FOR ANSWER GOES TO  

calderonj4588

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Answer:

I'm confused by the layout of the first two, but I can help you with the last one!

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Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Pls help ????????????
yulyashka [42]

Answer:

let the missing values be a , b , c ,d and e

So the mean of these values is $ 2225

<em>(a + b + c + d + e + 1900 + 2300 + 3000)/8 = 2225</em>

<em>a + b + c + d + e + 7200 = 2225*8</em>

<em>a + b + c + d + e = 17800 - 7200</em>

a + b + c + d + e = 10600 -------------------- let this be our first equation

Since the range is 3000 and the data is already in increasing order:

3000 - a = 2100

a = $ 900 --------- one down, 4 to go

Now lets get another equation through Median:

So the median value is 2450, since median is the middle value when the given set is written in increasing or decreasing order

since we are already given the increasing order of the numbers, we will make use of that

So, since there is no middle number since there are even amount of numbers, the average of the 2 mid numbers will be the Median

so, (2300 + c)/2 =  2450

2300 + c = 4900

c = $ 2600 ---------------------- two down, 3 to go

Now we will try to get another equation through mode

We are given that the mode of the numbers is 2900

we will take some help from the first equation for this part

a + b + c + d + e = 10600

900 + 2600 + b + d + e = 10600

b + d + e = 10600 - 3500

b + d + e = 7100

Since the mode is 2900, lets check if b + d + e = 3 (2900) since that would mean that 2900 is repeated 3 times

b + d + e = 2.45(2900)

since b + d + e is 2.45 times 2900 and 2900 is the most repeated number,

we can say that 2 of the 3 values is 2900

so,

2900 + 2900 + b = 7100

e = 7100 - 5800

e = $ 1300

so the complete list is: 900 , 1300 , 1900 , 2300 , 2600 , 2900 , 2900 , 3000

3 0
3 years ago
Define the term inflation
shtirl [24]

Answer:

the action of inflating something or the condition of being inflated.

or

a general increase in prices and fall in the purchasing value of money.

Hope this helps

Step-by-step explanation:


3 0
3 years ago
Abc~xyz with ab=16 and xy=24 if the length of the median of the smaller triangle is 6in how long is the corresponding median of
Zigmanuir [339]

Answer:

9 inches

Step-by-step explanation:

Since the triangle are similar then the ratios of corresponding sides are equal

let x be the longer median, then

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16x = 6 × 24 = 144 ( divide both sides by 16 )

x = 9



7 0
4 years ago
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