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
Tomtit [17]
2 years ago
14

Maya deposits $5000 into a checking account that pays 0.75% annual interest compounded monthly. What will be the balance after 8

years? Round to the nearest cent.
Mathematics
1 answer:
Nana76 [90]2 years ago
5 0

~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$5000\\ r=rate\to 0.75\%\to \frac{0.75}{100}\dotfill &0.0075\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{monthly, thus twelve} \end{array}\dotfill &12\\ t=years\dotfill &8 \end{cases} \\\\\\ A=5000\left(1+\frac{0.0075}{12}\right)^{12\cdot 8}\implies A=5000(1.000625)^{96}\implies A\approx 5309.08

You might be interested in
True or false: to obtain the graph of f(x)=square root x+2 shift the graph of y=square root X horizontally to the right 2 units.
Whitepunk [10]

Answer:

true

Step-by-step explanation:

3 0
3 years ago
In the figure below j ll h find the values of x and y
Andru [333]

Answer:

26

Step-by-step explanation:

Given: Lines J and H are parallel lines. O intersects both lines equally.

Since two angles equal 180, that will be what  (4y + 12) and 64 will be equal to.

(4y + 12) + 64 = 180

76 + 4y = 180

-76          -76

-------------------

    4y = 104

      y = 26

x and y is both 26 because they are vertical angles.

Hope this helped.

6 0
3 years ago
Does the following table show a proportional relationship between the variables ggg and hhh?
ra1l [238]

Answer:

94

Step-by-step explanation:yes it does because as you can see in the text above

5 0
3 years ago
Question is in png pls some1 help !
Reika [66]

Answer:

Triangle x = 30. Pentagon x = 50

Step-by-step explanation:

For the triangle,

Find the angle which is beside x in the triangle,

let's name that angle y, so 55 + 55 + y = 180 ( we find 55 by subtracting both angles 125 from 180)

110 + y = 180

Y = 180 - 110

y = 70

Now that we have find Y, we can easily find x by subtracting 70 from 180 which would be, 70 + X = 180

x = 180 - 70

x = 30

For the pentagon,

Again find the angle which is beside x in the pentagon,

let's name that y again, 90 + 120( by subtracting 60 from 180) + 110( by subtracting 70 from 180)  + 90 + y = 540

210 + 200 + y = 540

410 + y = 540

y = 540 - 410

y = 130

Now that we have find y, we can easily find x by subtracting 130 from 180 which would be, 130 + x = 180

x = 180 - 130

x = 50

Hope this helps!

7 0
3 years ago
Read 2 more answers
At a restaurant you only have 20 dollars to spend on dinner. in addition to the cost of the meal you must pay only 5% sales tax
aev [14]
Alright so to do this you need some basic algebra
you have to pay an extra 20% of whatever you buy
thus we can make the following equation
.2x+x=20  (since 20 is the amount of money you have)
combining the like terms,
1.2x=20
and finally, dividing both sides by 1.2
x=$16.67
don't forget to check!
.05*16.67=.83 (sales tax makes the total $17.5)
.15*16.67=2.5 (tip makes the total $20)
whaddya you know, it works!
most expensive item you can buy will cost $16.67
hope this helped!
4 0
3 years ago
Other questions:
  • The pumpkin patch is open everyday. If it sells 2,750 pounds of pumpkin each day ,about how many pounds does it sell in 7 days?
    5·1 answer
  • Help me before 7:15
    13·2 answers
  • Karen wants to record the change in temperature during the day what type of graph would be best to illustrate this idea a line g
    9·1 answer
  • Definition of systematic sampling
    7·2 answers
  • What is the answer to this? And I would like if anyone else could explain how they got the answer for me to understand.
    11·1 answer
  • Cut 2 2/3 yards of material from a piece 5 1/2 yards long how much material is left
    6·1 answer
  • SOMEBODY PLEASE HELP
    10·1 answer
  • The area of the triangle below is 4.5 square inches. What is the length of the base?
    12·1 answer
  • How to rewrite the expression 3(x-4)-(x+2)
    12·2 answers
  • How much does Bethany spend in week 4?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!