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
EastWind [94]
2 years ago
6

How much would $400 be worth after 6 years if it was invested at 2% interest compounded annually

Mathematics
2 answers:
kari74 [83]2 years ago
5 0
<h2>Answer:</h2>

450.46497

<h3></h3><h2>Step-by-step explanation:</h2><h3>Based on the given condition:</h3>

We\ know\ that:

\left\{\begin{matrix}P=400\\r=2\%\\n=1\\t=6\\\end{matrix}\right.

________________________________________________

<h3>Formulate and substitute:</h3>

Substitute \left\{\begin{matrix}P=400\\r=2\%\\n=1\\t=6\\\end{matrix}\right.into\ formula

F=P*(1+r/n)^n^t\\ F=400\bullet(1+2\bullet\frac{1}{100})^6

_________________________________________________

<h3>Evaluate</h3>

Evaluate\ the\ equation/expression:\\ 450.46497

<em>I hope this helps you</em>

<em>:)</em>

Alexxx [7]2 years ago
4 0
P=400 (your amount invested)
r=.02 (rate as a decimal)
n=1 (number of times compounded per year, annually meaning 1)
t=6 (number of years invested)

you must follow orders of operations when you plug these things in your calculator.
1st step) do .02/1 to get 0.2 then add 1 to get 1.02. raise this to (1*6)and you get roughly 1.126, now multiply this by 400 to get answer D 450.46.
You might be interested in
Y is inversely proportional to x when y=9, x=24
Lisa [10]

Answer:

216

Step-by-step explanation:

y=k÷x

k=xy

k=9×24

k=216

7 0
3 years ago
What is the Domain of the function indicated by the points on the plane?
kondor19780726 [428]
<h2>Answer:</h2>

A.) {-6, -2, 5}

<h2>Step-by-step explanation:</h2>

A function f from a set A to a set B is a relation that assigns to each element x in the set A exactly one element y in the set B. The set A is the domain (also called the set of inputs) of the function. From the figure, we can see that this set is the x-coordinate of each red point. So this set is {-6, -2, 5}

4 0
3 years ago
Given: AC and AE are common external tangents of G and D. BC= 123 GB=20 and AG=101. What is the measure of AC?​
Solnce55 [7]

Answer:

The length of AC is 222 units.

Step-by-step explanation:

Given AC and AE are common external tangents of G and D.

BC= 123 ,  GB=20 and AG=101.

We have to find the measure of AC.

As, a straight line joined from the center i.e radius is perpendicular to tangent drawn. Therefore,

In ΔABG, by Pythagoras theorem

AG^2=AB^2+BG^2

⇒ 101^2=AB^2+20^2

⇒ AB^2=10201-400=9801

⇒ AB=99 units.

Hence, AC=AB+BC=99+123=222 units.

The length of AC is 222 units.

8 0
3 years ago
Write in expanded form. Useto indicate multiplication. 5 2
nata0808 [166]

Answer:


Step-by-step explanation:

50

 

+

2


5 0
3 years ago
Read 2 more answers
If z = 12.8, what is the value of 2(z - 4)? [Type your answer as a number.]
Anna35 [415]
17.6 is your answer 

Hope this helps!!
7 0
3 years ago
Read 2 more answers
Other questions:
  • Which ordered pair is the solution set of 1x-7y&gt;7
    6·1 answer
  • The circle graph below shows the colors of flowers in a garden
    10·2 answers
  • a gardener is planting trees and flowers. she has 735 trees to plant and uses this pattern: a tree and then two flowers, then th
    9·2 answers
  • PLSSS HELP (2 + 7i) - (6 + 8i) + (10 - 10i)
    11·2 answers
  • I keep getting this Q wrong can someone help me solve it :)
    10·2 answers
  • Evaluate: 10/ 12 • 2/ 3
    10·1 answer
  • PLEASE HELP MY SIS IS BREAKING DOWN CRYING
    10·1 answer
  • Shen's chocolate bar is 67% cocoa. If the weight of the chocolate bar is 59 grams, how many grams of cocoa does it contain? Roun
    7·1 answer
  • Solve for x: 7x-3/5x-2 = -2​
    13·1 answer
  • Use the table to work out the values of a, b, c, and d.​
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!