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
sineoko [7]
2 years ago
5

Laura goes to a bank and opens a new account . She deposits $5,500. • The bank pays 1.6% interest compounded annually on this ac

count • Laura makes no additional deposits or withdrawals. Which amount is the closest to the account balance at the end of 4 years? O A.$5,852.00
B. $5,860.53
C.$5,940.00
D.$5,954.31 $​
Mathematics
1 answer:
Dima020 [189]2 years ago
5 0

Answer:

B

Step-by-step explanation:

formula= principal (1+(rate÷100))^number of years

5500(1+(1.6÷100))^4

5500 (1+0.016)^4

5500(1.016)^4

5500 (1.06555245)

5,860.53

$5,860.53

You might be interested in
Simplify the expression
Rudiy27
The answer is D, I'm 95% sure, double check just in case
6 0
3 years ago
Read 2 more answers
A customer purchases 10 m dade co. florida 7.50% g.o. bonds at a 9.50 basis. how much interest will she collect each year? $75 $
crimeas [40]
In the value of bonds, the symbol "M" means "thousands.
Therefore, 10 M = 10,000$

So, the customer bought a coupon with 10,000$ and the expected annual interest is 7.5% of the coupon's value.

Calculating the value of interest is simple, just multiply the interest rate (7.5%) by the original value of the coupon to know how much interest she will collect each year.

Interest collected each year = (7.5 / 100) x 1000 = 750$

5 0
3 years ago
Help...........please​
melisa1 [442]

Answer:

easy

Step-by-step explanation:

3 0
2 years ago
Write a linear equation in point slope form points (2,5) and (-4,9)
kvv77 [185]
(2,5) equal 10
(-4,9) equal 5
But if you were taking away 10 - 5 equal 5
6 0
3 years ago
Triangle A B C has centroid G. Lines are drawn from each point through the centroid to the midpoint of the opposite side to form
d1i1m1o1n [39]

A triangle is a three-edged polygon with three vertices. It is a fundamental form in geometry. The length of GF is 254 units.

<h3>What is a triangle?</h3>

A triangle is a three-edged polygon with three vertices. It is a fundamental form in geometry. The sum of all the angles of a triangle is always equal to 180°.

Since a centroid of a triangle divides the median into a ratio of 2:1. Therefore, the ratio of AG: DG is,

AG / DG = 2/1

(19x+14)/(9x+20) = 2/1

19x + 14 = 18x + 40

19x - 18x = 40 - 14

x = 26

Assuming the triangle is an equilateral triangle, therefore, the length of GF will be,

GF = DG = 9x+20

GF = DG = 9(26) + 20

GF = 254 units

Hence, the length of GF is 254 units.

Learn more about Triangle:

brainly.com/question/2773823

#SPJ1

6 0
2 years ago
Other questions:
  • A property management group is increasing all rent by 6%.If a customer is presently paying $700, how much increase will they hav
    14·2 answers
  • Describe the distributive property of R in your own words? Please help
    14·1 answer
  • (5r+7)(5r-7)<br><br> *Multiplying Polynomials
    5·2 answers
  • Write 4/28 in simplest form
    10·2 answers
  • A store was selling movies that originally cost $19.95 with a $5 discount.
    12·1 answer
  • What value of x makes x/20 and 3/4 proportionate
    10·2 answers
  • Hii i’ll give brainliest please help thanks :)
    12·1 answer
  • Lg(5x+10)+2lg3=1+lg(4x+12)<br>need them fast with steps
    5·1 answer
  • Write an equation of the line below.
    7·1 answer
  • Find the distance between A(5, -2) B(3, -6)
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!