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avanturin [10]
2 years ago
8

$10,000 is invested for 5 years with an APR of 2.75% and monthly compounding.

Mathematics
1 answer:
lisov135 [29]2 years ago
8 0

Answer:

It's worth $11,472.21 after 5 years.

Step-by-step explanation:

2.75% = 0.0275 as a decimal fraction.

The formula for the value after 5 years is:

A = 10,000(1 + 0.0275/12)^(5*12)    where A  is the amount of the investment after 5 years.

= 10,000(1.002291667)^60

=  10000 * 1.14722122

= 11,472.21.

=

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a college freshman started the year with $4000 in spending money and after three months,she has $2800 left.assume that she will
gulaghasi [49]
Let's find out how much she spent every month.

4000 (starting money) - 2800 (remaining money) = 1200 spent over 3 months

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So 9 (remaining months) * 400 (amt per month) = 3600 she'll spend at the going rate over 9 months.

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3 0
3 years ago
Answer
sergij07 [2.7K]

Answer:

Answer:

1). Option (A)

2). Option (A)

Step-by-step explanation:

1). A worker bee has the mass = 0.00011 kg

  In scientific notation we can convert the mass of bee as,

  0.00011 =

                =

  Since 1.1 ≈ 1,

  Therefore, 1.1 × 10⁻⁴ ≈ 1 × 10⁻⁴ kg

  Option (A) is the answer.

2). An African elephant has a mass = 8139 kg

   In scientific notation,

   8139 = 8.139 × 10³

   Since, 8.139 ≈ 8

   Therefore, 8139 kg = 8.139 × 10³ kg

   Option (A) is the answer.

Step-by-step explanation:

Hope this helps! ;)

3 0
2 years ago
Read 2 more answers
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