1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
agasfer [191]
2 years ago
12

A $3,200.00 principal earns 7% interest, compounded annually. After 3 years, what is the balance in the account? Round to the ne

arest cent.
A. $1,097,600.00
B. $7,840.28
C. $67,200.00
D. $3,920.14
Mathematics
1 answer:
valentinak56 [21]2 years ago
3 0

The balance in the account is $3,920.14

<h3>Compound interest</h3>

The formula for calculating the compound interest is expressed as

A = P(1 + r)^t

Given

  • P = $3,200.00
  • r = 7% = 0.07
  • t = 3 years

Substitute

A = 3200(1+0.07)^3

A = 3,920.14

Hence the balance in the account is $3,920.14

Learn more on  Compound interest here: brainly.com/question/24924853

You might be interested in
Pls help me with this true or false question
dangina [55]

Answer:

from my understanding true

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Given circle N with chord AB, which point lies on the perpendicular bisector of AB?
aivan3 [116]

The point that lies on the perpendicular bisector of AB is point N

<h3>How to determine the point?</h3>

The circle is given as:

Circle N

The chord is given as:

Chord AB

The perpendicular bisector of the chord is any line drawn from the center of the circle that divides the chord in equal halves.

This means that the point starts from point N

Hence, the point that lies on the perpendicular bisector of AB is point N

Read more about perpendicular bisectors at:

brainly.com/question/929137

#SPJ1

3 0
2 years ago
How to solve 5(2b-3)-1(11b+1)=20
son4ous [18]

Answer:

b = -36

Step-by-step explanation:

Start by distributing both th 5 and the negative 1 into their corresponding parentheses.

((5*2b)-(5*3)) > (10b - 15)

((-1*11b)+(-1*1)) > (-11b - 1)

so you have:

10b - 15 - 11b - 1 = 20

Next you would Combine like terms to get:

-b - 16 = 20

Add the 16 to both sides

-b = 36

and divide each side by -1

b = - 36

hope this helps

3 0
3 years ago
Help i dont uderstand please help :(
Scorpion4ik [409]

Answer:

-3

Step-by-step explanation:

Plug in -3

2(-3)+3

Remember PEMDAS

Parentheses first: 2(-3)=-6

-6+3=-3

Hope this helps :)

8 0
4 years ago
The equation of the line is 3y+2x=12 . what is the slope of the line perpendicular to this equation?
Ket [755]
The slope
\frac{3}{2}
6 0
3 years ago
Read 2 more answers
Other questions:
  • Find the products 2 time(4plus6)equal what
    15·2 answers
  • The average full spreading rate over the last 20,000,000 years at placemark a in the red sea is _________. approximately 1 centi
    7·1 answer
  • ASAP!!! the costs of a new macbook is $849. best buy is having a 20% off sale, but a 6% tax is added after the discount. how muc
    8·2 answers
  • In​ 2000, 49 % of the residents in a large city regularly used newspapers for getting news and this has decreased at an average
    5·1 answer
  • Solve: (x + 5)^2 + 15 = 64
    7·1 answer
  • When x=7 and y=9 what is the value of (xy) divided by 3<br><br> i need help
    11·2 answers
  • Which property justifies this statement?<br> If I = -2, then 5.c = -10.
    14·1 answer
  • If one person makes 18 dollars in 2 hours and the other makes 36 dollars in 3 hours who makes more money per hour??
    9·1 answer
  • Help! how do I do this??
    8·2 answers
  • Can yall pleas help me with this!!!!!!!
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!