Answer: The amount is $14794.39 and the interest is $9794.39
Step-by-step explanation: If you deposit <em><u>$5000</u></em><u> </u>into an account paying <em><u>7.5%</u></em> annual interest compounded yearly , how much money will be in the account after <em><u>15 years</u></em>?
To find amount we use formula:
A-P(1+r/n) n*t
A = total amount
P = principal or amount of money deposited,
r = annual interest rate
n = number of times compounded per year
t = time in years
P=$5000, r=7.5, n=1 and, t=15 years
After plugging the given information we have
A= $5000 (1+0.075/1)^1.15
A= 5000 *1.075^15
A=14794.39
To find interest we use formula A=P+I'
since A= 14794.39 and P=5000
we have: A=P+I 14794.39=5000+I
I= 14794.39 -5000
I=9794.39
Answer:
it aproximatley 7.937 rounded to the nearest tenth its 7.9
Step-by-step explanation:
Answer: 3/5
Step-by-step explanation: The fourth quadratic in the list is the square of a binomial:
25x^2 - 30x + 9 = (5x - 3)^2
Therefore, the repeated root of this quadratic is the solution to 5x - 3=0, which is 3/5
Answer: just multiply 9 and y together: 9 x y
y-intercept is the Y value when x is 0
Y = 60
so this means if a person studies 0 hours they will get a 60 on the test
So B would be the answe
