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
slavikrds [6]
2 years ago
7

Avery deposited $400 in an account that earned 2.47% interest compounded annually. She did not make additional deposits or withd

rawals.
What will be the balance in this account at the end of 5 years?
Mathematics
1 answer:
aev [14]2 years ago
6 0

Answer:

Amount ($451.9), Interest ($51.9)

Step-by-step explanation:

We need to use the formula of A = P(1 + \frac{r}{n})^n*t

A = Total Amount

P = Principle/Deposited money

R = Annual Interest Rate

N = Number of times compounder per year

T = time in years

We have P = $400, r = 2.47%, n = 1 and t = 5 years.

Now lets plug it all in!

A = 400 (1 + \frac{0.0247}{1})^{1*5}

A = 400 * 1.0247^5

A = 400 * 1.129753

A = 451.9

Now we need to find the interest...

We will use A = P + I since A is 451.9 and P = 400

451.9 = 400 + I

I = 451.9 - 400

I = 51.9

You might be interested in
In circle O, if LP congruent LK, find the measurement of the major arc PNK. A. 112 B.156 C.224 D.248
klasskru [66]
Sorry here for points
3 0
3 years ago
Read 2 more answers
Please help, I really desperate
Paladinen [302]

Answer:

V candle ≈ 196.9 cm³

Step-by-step explanation:

Volume of cone = ( π·r²·h)/3

V candle = V big cone -V small cone

V candle = [ π·4²·(8+5) - π·2²·5]/3

V candle = ( π·16·13 - π·4·5)/3

V candle = (π·16·13 - π·4·5)/3

V candle = π·(208 - 20)/3

V candle = π·188/3

V candle = 196.8731396

V candle ≈ 196.9 cm³

8 0
2 years ago
Determine the volume of the shaded area.
vovikov84 [41]

The shaded area in the image is 86.1 square inches.

<h3>How to get the shaded area?</h3>

Remember that for a circle of diameter D, the area is given by:

A = pi*(D/2)²

Where pi = 3.14, and here we have half-circles, so we need to add a factor 0.5

The area of the shaded figure, the area of the shaded figure will be the area of the half circle with diameter of 17in minus the area of the half circle with a diameter of 8.5 in, so the area is:

area = 0.5*3.14*(17in/2)² - 0.5*3.14*(8.5in/2)² = 86.1 in²

Learn more about area:

brainly.com/question/24487155

#SPJ1

4 0
9 months ago
Maria borrowed $120,000 from a bank when she bought her co-op for $156,000.
ANTONII [103]

Answer:

hello there im sam and im going to help you with your answer.

Step-by-step explanation:

so you take the 156,000 and subtract it to 120,000 and you will get 36,000 and thats how much she owes the bank.

6 0
2 years ago
A pet store was selling 4 lizards for $47.88. If they ended up selling 6 lizards, how much would they have earned?
fgiga [73]

Answer:

Step-by-step explanation:

Step one- Find out how much it costs for one Lizard In this case, for four lizards it costs $47.88. To find the price for one lizard you divide 47.88 by four

$47.88/4Lizards=$11.97 per lizard.

Step two- Now that we have the price for one lizard, your question asks you how much for 6 lizards. We need to find that cost. To do so you multiply $11.97 by 6 for the lizards.

Your answer is $71.82

Hope This Helped :)

4 0
2 years ago
Read 2 more answers
Other questions:
  • Explain why the set {4,4,20,20} has a standard deviation of 8
    13·1 answer
  • Solve the equation 2x^2-1x=5x
    11·1 answer
  • Geri ran in a marathon race. It took her 3 hours and 28 minutes to run 26 miles. how many minutes did it take her to run 1 mile
    5·2 answers
  • Round to the nearest dollar. Matthew makes $68,000 per year, what is his monthly salary, 25% of monthly salary and 30% of monthl
    11·2 answers
  • Johnny had $800.00, sue had $500.00, and Doug had $300.00.who had the most money?
    15·2 answers
  • You want to make five-letter codes that use the letters A, F, E, R, and M without repeating any letter. What is the probability
    13·1 answer
  • Select the correct answer.
    8·2 answers
  • 4y-3 answer please I’ll mark the brainiest
    15·2 answers
  • Help me please ...........with this work
    11·1 answer
  • Find the HCF of: 32a5b4,24a6b6,484b5
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!