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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

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ioda

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i believe it's b

Step-by-step explanation:

there

3 0
3 years ago
2 Points<br> Which of the following is (are) the solution) to (x+8)=1?
Brums [2.3K]

Answer:

x=-7

Step-by-step explanation:

x+8=1

- Subtract 8 from both sides.

7 0
3 years ago
You have taken over an abandoned drilling project. After drilling for 2 hours, the depth is 110 feet. After 5 hours, the depth h
seraphim [82]
(2,110)(5,114.5)
slope = (114.5 - 110) / (5 - 2) = 4.5 / 3 = 1.5

y = mx + b
slope(m) = 1.5
use either of ur points..(2,110)...x = 2 and y = 110
now we sub and find b, the y int
110 = 1.5(2) + b
110 = 3 + b
110 - 3 = b
107 = b

so ur equation is : y = 1.5x + 107 <==
5 0
3 years ago
SOlve the system of equations using substitution<br><br><br> y=2x-10<br> y=4x-8
dezoksy [38]
It should be,
4x-8=2x-10    because you substitute that for y.
Now you do,
4x-2x    because you do the opposite of the positive 2x as you bring it to the other side.
That is,
2x-8=10   now you bring the 8 to the other side.
2x=10+8   I added it because I do the opposite and it is a negative 8 so I add.
2x+18    now divide
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3 0
3 years ago
A thief steals a number of rare plants from a nursery. On the way​ out, the thief meets three security​ guards, one after anothe
DedPeter [7]

The thief originally stole 64 plants.

<h3>What is arithmetic?</h3>

In mathematics, it deals with numbers of operations according to the statements.

Here,
Let the number of plants originally stolen by the thief be x.
On the way​ out, the thief meets three security​ guards, one after another. To each security​ guard, the thief is forced to give one-half of the plants that he still​ had, plus 2 more.​

Here,
For gourd 1 the planet is given = 1/2 x
For gourd 2 the planet is given = 1/2 * 1/2 x = 1/4 x
For gourd 3 the planet is given = 1/2*1/4 x = 1/8 x
Total plant given to the gourds = 1/2x +1/4x +1/8x + 2 = 7/x/8x +2
Finally, the thief leaves the nursery with 10 plants
x - 7x/8 + 2 = 10
x/8 = 8
x = 64

Thus, the thief stole 64 plants.

Learn more about arithmetic here:

brainly.com/question/14753192

<h3>#SPJ1</h3>


7 0
2 years ago
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