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Gre4nikov [31]
3 years ago
10

Karen opens a savings account with $1500. She deposits $100 every month into the account that has a 0.85% interest rate, compoun

ded annually. If she doesn’t withdraw any money, what will the account balance be in 10 years?
Mathematics
2 answers:
Phantasy [73]3 years ago
7 0
It’s either 22,200 or 1,800 I’m not 100% sure
Neko [114]3 years ago
4 0

Formula is F = \frac{D ((1+\frac{r}{m})^{mt} -1)}{\frac{r}{m} }

D represents  the amount of a regular deposit

r  represents the annual interest rate  

m  is the number of equal compounding period  

t the time in years,

F is the future value

D = 100, r= 0.85%= 0.0085, m= 1  and t=10

m*t= 1*10 = 10

Plug in all the values in the formula

F = \frac{100 ((1+\frac{0.0085}{1})^{10} -1)}{\frac{0.085}{1}}

= 1039.13

Karen opens a savings account with $1500

Already he has 1500

So account balance = 1500 + 1039.13 = $2539.13

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Craig had p coins. Then he found 66 more coins in a drawer. Write an expression that shows how many coins Craig has now.
Elena L [17]

Craig had p coins. Then he found 66 more coins in a drawer. Write an expression that shows how many coins Craig has now.

p+ 66

5 0
3 years ago
mrs jones attended a southern living Home party she purchased a vase which cost $34.99 The shipping charge was three dollars and
zhannawk [14.2K]

The total amount paid for vase is $ 41

<em><u>Solution:</u></em>

Given that

Cost of vase = $ 34.99

Shipping charge = 3 dollars

Sales tax = 8.25 % was paid on the subtotal which included the shipping charge

To find: total amount paid for vase

total amount paid for vase = Cost of vase + Shipping charge + sales tax

Let us first find the sales tax

Given that 8.25 % was paid on the subtotal which included the shipping charge

Subtotal = 34.99 + 3 = 37.99

So 8.25 % of 37.99 was paid as sales tax

\text{ sales tax } = \frac{8.25}{100} \times 37.99 = 3.1341

Therefore sales tax amount paid = $ 3.1341

total amount paid for vase = Cost of vase + Shipping charge + sales tax

total amount paid for vase = 34.99 + 3 + 3.1341 = 41.1241 ≈ 41

Therefore total amount paid for vase is $ 41

8 0
3 years ago
write an equation of the line that passes through the given point and has the given slope slope is -3 (-5, 4)
Paraphin [41]

point slope form of a line

y-y1 = m(x-x1)

y-4 = -3(x--5)

y-4 =-3(x+5)

to change to slope intercept form

dstribute

y-4 = -3x-15

add 4 to each side

y = -3x-15+4

y = -3x-11

3 0
3 years ago
SOMEONE PLZ HELP! THIS IS DUE VERY SOON!
vfiekz [6]

Answer: six amount of 0.15 and 7 amount of 0.35

Step-by-step explanation:

I am pretty sure this is correct, i am trying my best

7 0
2 years ago
*look at the image*<br><br><br> whoever answers will get brainliest
Vanyuwa [196]
It might be 8 hope this helped good luck on ur assignment
5 0
2 years ago
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