Solve the compound interest problem. ​$3425 is invested at ​%7.5 compounded monthly for years. a. Find the overall amount. b. Find the compound interest.

Answers

Answer 1

Complete question :

Solve the compound interest problem. ​$3425 is invested at ​%7.5 compounded monthly for 2 years. a. Find the overall amount. b. Find the compound interest.

Answer:

$3977.425 ; $552.425

Step-by-step explanation:

Given that:

Principal (P) = $3425

Rate (r) = 7.5% = 0.075

Time(t) = 2 years

A = p(1 + r/n)^nt

r = rate

n = number of times compounded per year

t = time in years

A = final amount

A = 3425(1 + 0.075/12)^12*2

A = 3425(1 + 0.00625)^24

A = 3425(1.00625)^24

A = 3425(1.1612920)

A = $3977.4251

Hence, overall amount = $3977.425

Compound interest = $(3977.425 - 3425) = $552.425


Related Questions

you have 5 items. how many combinations of two are possible and what equation do you use to find out

Answers

Answer:

okay so the first one can be any of teh five

teh second one is onyl 4 of them bc u've already used one

so we do : 4*5 which is 20

Frog and Toad decided to meet. Their houses are 120 ft apart. They start hopping towards each other at a speed of 2 ft/min and 3 ft/min, respectively. How long it will take until they are going to be 5 feet apart? PLS HELP ME ASAP

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Answer:

24

Step-by-step explanation:

no explanation, I'm very sorry!

How much do you need to subtract from 87/10 to make 8

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Answer:

i feel like you need 76 from the 87

Step-by-step explanation:

Answer:

7/10

Step-by-step explanation:

hope this helpss!!!!!

What is the radius of a circle if the diameter is 60 meters? (just type in your answer as a number only)​

Answers

Answer:

30

Step-by-step explanation:

Radius is half of the diameter.

Can I get help ASAP ... please

Answers

Answer:

the answer is D I'm sorry if it wrong

HELPZ. Find value of x and all the measures of all angel

Answers

Answer: x = 40

have: ∠A + ∠B + ∠C + ∠D = 180°

⇔ x + 6 + x + 4 + x +10 + x = 180°

⇔ 4x + 20 = 180

⇔ x = (180 - 20)/4

⇔ x = 160/4 = 40

Step-by-step explanation:

Which congruency statements could be correct for the figures? Check all that apply. MNOP ≅ STUV MNPO ≅ TSVU NPOM ≅ VUTS OPNM ≅ TUVS PONM ≅ UTSV

Answers

Answer:

The answers are C and D

Step-by-step explanation:

Answer:

c and d

Step-by-step explanation:

have a wonderful day

There are 515 students who attend central middle school. Three out of every 5 students live within 1 mile of the school. How many students at central middle school live within 1 mile of the school?

Answers

Answer:

103 students live 1 mile away from the school.

Step-by-step explanation:

First dicide what the problem is really asking you then you end up getting divisoin them divide 515/3.

Find the missing length.
Assume that all intersecting sides meet at right angles. Be sure to include correct unit i. your answer

Answers

Answer:

11cm

Step-by-step explanation:

5+6=11

hopefully this helps :)

Answer:

the answer would be 35cm

Step-by-step explanation:

7+6+8+5+15=35

What is the slope of the line that passes through the pair of points? (4.7).(7,-2)

Answers

Answer:

-3      i hope this helps :)

Step-by-step explanation:

(4,7)    (7,-2)

x1 y1    x2 y2

-2 - 7 = -9 = -3

7  - 4      3

You exercise 24 hours each month for a year how many hours did you exercise by the end of the year you may be able to do the math mentally thanks to expand notation and the distributive property

Please help answer with the calculation with distribution and without distribution.

Answers

Answer:

288 hours

Step-by-step explanation:

So you have 24 per month. so month can be represented by x.

24x= y

Y is the amount of hours.

One year is 12 months. so plug 12 into x

24(12) =y

y= 288

If a ∥ b and e ∥ f, what is the value of y?

87
88
91
92

Answers

Answer:

88 i believe

Step-by-step explanation:

Answer:

92

Step-by-step explanation:

Angle (x+1) is equal to 92 degrees, and x equals 91. If x equals 91, then (x+1) equals 92. (x+1) and angle y are equal angles, so therefore, you can determine that angle y is equal to 92 degrees.

-I got the question right on the test

Hope this helps!

Solve the following eqation
34 + 12x =3x - 22

Answers

Answer:

x = - 6.22 or - 56/9

Step-by-step explanation:

Step 1:

34 + 12x = 3x - 22             Equation

Step 2:

12x = 3x - 56            Subtract 34 on both sides

Step 3:

9x = - 56          Subtract 3x on both sides

Step 4:

x = - 56 ÷ 9           Divide

Answer:

x = - 6.22

Hope This Helps :)

Simply the expression (4-2i)-(-1+3i)

Answers

Answer:

224

Step-by-step explanation:

1.
Solve the equation.
35.3 = d - (-2.81)
38.11
32.49
-38.11

Answers

35.3 = d - (-2.81)

Double negative = positive

35.3 = d + 2.81

Now subtract 2.81 on both sides

32.49 = d

negative 7 minus (negative 4)=

Answers

-7 - -4 = -3

Hope this helps

10. (7, 2) and (3.-2)
Find the slope

Answers

Answer:

1

Step-by-step explanation:

m=y2-y1/x2-x1

(-2)-2=(-4)

3-7=(-4)

-4/-4=1

hope this helps :3

if it did pls mark brainliest

Jill saw three small boxes and one large box of oranges for a total cost of $29 Bethany saw three small boxes and four large boxes for a total of 71 in the cost of a small box in a large box of oranges

Answers

Answer: Small box = $5

Large box = $14

Step-by-step explanation:

Let the cost of a small box be a

Let the cost of a large box be b

The scenario in the question can be modelled into an equation as:

3a + b = 29 ....... equation i

3a + 4b = 71 ....... equation ii

Subtract equation ii from equation I

-3b = -42

b = 42/3

b = 14

Cost of large box = $14

We put the value of b into equation I

3a + b = $29

3a + $14 = $29

3a = $29 - $14

3a = $15

a = $15/3

a = $5

Cost of small box = $5

What are the answers for parts A and B?

Answers

Answer:

a) See attachment

b) P has coordinates of (5,7)

Step-by-step explanation:

first correct answer gets brainliest
Find the slope of the line that passes through the pair of points. (0, 5) and (6, 2)
-2
2
-1/2
1/2

Answers

Answer:

the third one -1/2

Step-by-step explanation:

hxudcufj ydhvhdcudfib

colin rolls a fair dice 18 time, how many times would colin expect to roll an odd number?

Answers

Answer:

9

Step-by-step explanation:

a normal dice is 6 sides

half of 18 is 9

50% for odd and even

Answer:

9 times

Step-by-step explanation:

Because you have an equal chance of rolling an odd or even number on the die. So half of 18 is 9.

Have a great day, would love it if you would mark me brainliest!

Henry wants to join a book-of-the-month club. The first club costs $40 to join and $10 per book. The second club costs $15 per book and has no fee to join. How many books would need to be purchased from each club for the clubs to cost the same?

Answers

Answer:

Step-by-step explanation:

For club 1 - 2 book

For club 2 - 4 books

Club 1 has a $40 fee + 2 books = $60 in total

Club 2 has a $0 fee + 4 book = $60 in total

I'm pretty sure I'm right

Answer:

There would have to be 2 books purchased from the first club. Then, there would have to be 4 books purchased from the second club.

Step-by-step explanation:

1st club.  (cost of club) 40$ + (cost of 2 books) 20$ = 60$.

2nd club. (cost of books) 15$ x  (how many books) 4 = 60$

Make x the subject of formula x²/a²+y²/b²=1

Answers

Answer:

x = ± [tex]\sqrt{\frac{a^2b^2-a^2y^2}{b^2} }[/tex]

Step-by-step explanation:

Given

[tex]\frac{x^2}{a^2}[/tex] + [tex]\frac{y^2}{b^2}[/tex] = 1

Multiply through by a²b² to clear the fractions

b²x² + a²y² = a²b² ( subtract a²y² from both sides )

b²x² = a²b² - a²y² ( divide both sides by b² )

x² = [tex]\frac{a^2b^2-a^2y^2}{b^2}[/tex] ( take the square root of both sides )

x = ± [tex]\sqrt{\frac{a^2b^2-a^2y^2}{b^2} }[/tex]

In formula x²/a²+y²/b²=1

Value of  x as subject, x = ± [a√(b² - y²)]/b

What is equation?

Equations are mathematical statements containing two algebraic expressions on both sides of an 'equal to (=)' sign. It shows the relationship of equality between the expression written on the left side with the expression written on the right side.

Given equation,

x²/a² + y²/b² = 1

moving y²/b² to right side

x²/a² = 1 - y²/b²

multiplying a² on both sides

a². x²/a² = a². 1 - a². y²/b²

Simplifying

x² = a² - a²y²/b²

x = ± √(a² - a²y²/b²)

x = ± a√(1 - y²/b²)

x = ± [a√(b² - y²)]/b

Hence, value of x = ±[a√(b² - y²)]/b in formula x²/a² + y²/b² = 1

Learn more about equation here:

https://brainly.com/question/1529522

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A set of average city temperatures in October are normally distributed with a mean of
20.
6

C
20.6

C20, point, 6, degrees, start text, C, end text and a standard deviation of
2

C
2

C2, degrees, start text, C, end text.
What proportion of temperatures are between
1
8

C
18

C18, degrees, start text, C, end text and
20.
6

C
20.6

C20, point, 6, degrees, start text, C, end text?

Answers

Answer:

0.4032

Step-by-step explanation:

JUST ANSWER THIS QUESTION AND TAKE THE POINTS

150-149=?​

Answers

Answer:

1

Step-by-step explanation:

THAT FUNNY

Answer:

1

Step-by-step explanation:

Find the values of x and y if

Answers

Answer:

see explanation

Step-by-step explanation:

Since the triangles are congruent then corresponding sides are congruent, then

CA = NE , that is

4x + 3 = 11 ( subtract 3 from both sides )

4x = 8 ( divide both sides by 4 )

x = 2

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

AR = EW, that is

4y - 12 = 10 ( add 12 to both sides )

4y = 22 ( divide both sides by 4 )

y = 5.5

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

NW = x + y = 2 + 5.5 = 7.5

CR = NW = 7.5

Solve the system of equations.
9x + 4y = 6
9x + 5y = -33
X =
y =

Answers

Answer x= 18 y=-39

Step-by-step explanation:

On a bicycle you can travel 60 miles in 6 hours. What are both unit rates in this situation?

Answers

Answer:

10 i believe

Step-by-step explanation:

Answer:

10 miles / 1 hour

0.1 hours / 1 mile

Identify the terms and like terms in the expression.
1. 3x + 4 – 7x - 6

Answers

Terms:  3x, 4, –7x,  –6

There are two kinds of like terms:  

                                                     3x and –7x

                                                      4 and –6

Terms: 4 and -6

Like terms: 3x-7x


What is the slope of the line?

Answers

Answer:

The slope is -3

Step-by-step explanation:

Find 2 points (-2,3) (-1,0) are 2.

Next subtract y 1 by y 2  in this example, 3-0 which equals 3

After that, subtract x 1 and x 2. In this example, -2-(-1) which equals -1.

Now dive y over x.  3/-1 or -3.

So the slope is -3.

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