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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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What value is added to both sides of the equation x2 − 8x = −10 in order to solve by completing the square?−816−44?
Artyom0805 [142]
Do you see -8x?

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PLEASE HELP MEE RN! DUE IN 5 MINS SHOW YOUR WORK PLEASE
77julia77 [94]

Answer:

x = 0

y = -12

Step-by-step explanation:

Plug in what y is equal to into the second equation

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5 0
2 years ago
What is the linear equation for 3x+2y=62
scZoUnD [109]
<span>In this formula :

</span><span>y </span>tells us how far up the line goes
<span>x </span>tells us how far along
<span>m </span>is the Slope or Gradient i.e. how steep the line is
<span>b </span>is the Y-intercept i.e. where the line crosses the Y axis

The X and Y intercepts and the Slope are called the<span> line properties.</span><span> We shall now graph the line </span><span> 3x+2y-62  = 0</span><span> and calculate its properties
</span>

Notice that when x = 0 the value of y is 31/1 so this line "cuts" the y axis at y=31.00000

<span>  y-intercept = 62/2 = 31
</span>

When y = 0 the value of x is 62/3 Our line therefore "cuts" the x axis at x=20.66667

<span>  x-intercept = 62/3 = 20.66667

</span>

Slope is defined as the change in y divided by the change in x. We note that for x=0, the value of y is 31.000 and for x=2.000, the value of y is 28.000. So, for a change of 2.000 in x (The change in x is sometimes referred to as "RUN") we get a change of 28.000 - 31.000 = -3.000 in y. (The change in y is sometimes referred to as "RISE" and the Slope is m = RISE / RUN)

<span>  Slope = -3.000/2.000 = -1.500

</span><span>
1.Slope = -3.000/2.000 = -1.500 

2.x-intercept = 62/3 = 20.66667<span> 

3.y-intercept = 62/2 = 31


I got sources from a few websites so excuse if something is weird/wrong.  
</span></span>
4 0
3 years ago
Determine the intercepts of the line.
Charra [1.4K]

Answer:

x-intercept: None

y-intercept: (0,-18)

5 0
3 years ago
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