You deposit $1,600 in a bank account. The account pays 3% annual Interest compounded monthly. Find the balance after 5 years

Answers

Answer 1

Step-by-step explanation:

step 1. let's call the amount of money A, the initial amount P, the yearly rate r, the number of compounds per year n.

step 2. A = P(1 + r/n)^(nt)

step 3. A = 1600(1 + .03/12)^((12)(5)

step 4. A = 1600(1.0025)^(60)

step 5. A = $1858.59


Related Questions

Find the values of x and y if l // m.
Show all work.

Answers

Answer:

x = 7, y = 24

Step-by-step explanation:

23x -16 + 8x - 21 = 180 because they are supplementary angles

31x - 37 = 180

31x = 217

x = 7

23(7)-16 = 7y - 23 because they are vertical angles

168 = 7y

y = 24

victor poured 5 1/2 cups of water in to a bucket how much more must he add to get 8 3/4

Answers

Just subtract my guy

Which set of characteristics produces one unique triangle?
A.Two angle measures of 50° and one angle measure of 80°
B.One angle measure of 10°, one angle measure of 70°, and one angle measure of 100°
C.One side length of 12 centimeters, one side length of 5 centimeters, and one side length of 6 centimeters
D.One side length of 7 centimeters, one side length of 10 centimeters, and one side length of 9 centimeters​

Answers

Answer:

D) 7, 10, 9    

Step-by-step explanation:

C will not make a triangle at all

A & B aren't unique because at least one side was not specified

It would be nice if you could edit the

if there are 10 birds for 4 dogs,what is the ratio of birds to dogs?

Answers

Answer:

10:4 ( Answer )

I hope it helps you

!ANSWER QUICK! the volume of a cone is 84π ft³. If the hole is 7ft deep, what is the radius of the hole?

Answers

Answer:

6 ft

Step-by-step explanation:

volume of cone πr^2 (h/3)

84π = πr^2 (7/3)

84π/(7/3) = r^2π

84/(7/3) = r^2

sqrt (84 /(7/3)) = r

6 = r

Convert each angle measure to decimal degrees. If applicable, round to the nearest thousandth of a degree.
35° 30′
-60° 12′

Convert each angle measure to degrees, minutes, and seconds. If applicable, round to the nearest second.
39.25°
126.76°
-18.515°
31.4296°

Find the angle of least positive measure (not equal to the given measure) that is coterminal with each angle.
-40°
-361°
539°
850°

Give two positive and two negative angles that are coterminal with the given quadrantal angle.
90°

Write an expression that generates all angles coterminal with each angle. Let n represent any integer.
30°
90°

Concept Check: Sketch each angle in standard position. Draw an arrow representing
the correct amount of rotation. Find the measure of two other angles, one positive and one negative, that are coterminal with the given angle. Give the quadrant of each angle, if applicable.
75°
174°
300°
61°
90°

Answers

Answer:

its 61

Step-by-step explanation:

For each pair of mathematical expressions, determine if the expressions have equal values. Select each pair of expressions that came out to be equal.
Please note, not all pairs will come out to the same value. We want you to determine if the expressions in each answer option have the same value. A. 36 divided by 3+3 and 2^2 + 2. B. -(2/3)^2 and 4/9. C. 8(-9) and - 12 - 60. D. 1+2/4 and 1 - 1/4.

Answers

Answer:

A) equal

B) equal

C) equal

D) not equal

Step-by-step explanation:

The pairs of options (A), (B), and (C) of expressions came out to be equal.

What are Arithmetic operations?

Arithmetic operations can also be specified by subtracting, dividing, and multiplying built-in functions. The operator that performs the arithmetic operations.

We want to determine if the expressions in each answer option have the same value

A. 36 divided by 3+3 and 2^2 + 2.

⇒ 36/(3+3) =36/6 =6

⇒ 2² + 2 = 4 + 2= 6.

Here, pair of expressions that came out to be equal

B. -(2/3)^2 and 4/9.

⇒ -(2/3)² = 4/9

Here, pair of expressions that came out to be equal

C. 8(-9) and - 12 - 60.

⇒ 8(-9) = -72

⇒  - 12 - 60 = -72

Here, pair of expressions that came out to be equal

D. 1+2/4 and 1 - 1/4.

⇒ 1+2/4 = 6/4

⇒ 1 - 1/4 = 3/4

Here, the pair of expressions came out to be not equal.

Thus, the pairs of options (A), (B), and (C) of expressions came out to be equal.

Learn more about the arithmetic operations here:

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Randy is 3 years old. His sister is 4 times older. How old is randys sister

Answers

His sister is 12 years old.

Answer:

12 years old is the answer

pls pls help me! Trousers bought 1400 dollars with 20% discount. How much is the original price?​

Answers

Answer:1120 dollars. Δ

Step-by-step explanation:You will pay $1120 for a item with original price of $1400 when discounted 20%. In this example, if you buy an item at $1400 with 20% discount, you will pay 1400 - 280 = 1120 dollars.

#I hope this helps!!!

~Regards~

44014137

What are three other names for range. ( This is for algebra)

Answers

Answer: area.
dimension.
length.
scope.

Find the GCF ( 50 points!)

Answers

Answer:

B

Step-by-step explanation:

Becaus it just is

Answer:yea he right...btw why u cheatin-..on a unit test

Step-by-step explanation:

simplify the expression -8x + 27/9

Answers

Answer:

-8/9x + 3

Step-by-step explanation:

(-8x + 27)/9

divide 9 on both side

-8/9x + 3

What is the value of 6(2b-4) when b=5?

Answers

Answer:

126

Step-by-step explanation:

Step-by-step explanation:

When b = 5 Then

6( 2b - 4)

= 6 ( 2 *5 - 4)

= 6 ( 10 - 4)

= 6 * 6

= 36

Hope it will help :)

Joe borrowed $4,000 from the bank at a rate of 7% simple interest per year. How much interest did he pay in 3 years?

Answers

Answer:

Wmkwkqkw siwiq q wksos ww wkwlwkw wlw

Answer:

$840

Step-by-step explanation:

4000 x .07= 280

280 x 3 = 840

Which equation represents the line that passes through the point (1, 5) and has a slope of -2?

Answers

Answer:

y=-2x+7

Step-by-step explanation:

y-y1=m(x-x1)

y-5=-2(x-1)

y=-2x+2+5

y=-2x+7

The cactus grill has decided to run a special on Wednesday night where every table gets 10% off their bill find the total for this table

Answers

B? I pretty sure it’s b

?
cuantos es 2X = 8?

Answers

Answer:

I love algebra anyways

The ans is in the picture with the  steps how i got it

(hope this helps can i plz have brainlist :D hehe)

Step-by-step explanation:

What is the name for a savings account in which money must stay deposited for a specific amount of time? A. Traditional savings account B. Certificate of deposit C. Money market account D. Retirement account​

Answers

Answer:

B. Certificate of deposit

Step-by-step explanation:

in traditional savings account you can take the money out anytime (usually up to 5 times a month)

in retirement account​ (well this could include 401k ,etc..)

Answer: B

Step-by-step explanation:

What is the slope of the line in this picture?



Answers

Answer:

The slope is 3/2

Find the value of x (show your work)

Answers

8. x = 142
10. x = 116
cuz when the angles are across from each other like that they’re congruent so they have the same angle degree

Jasmine correctly answered 9 out of 10 of the game questions. What percent did she answer correctly.

Answers

90 percent because 9/10= .9, which is 90 percent when converted to a percent

What is the volume of the prism given below?
14
12
A. 280 units3
B. 480 units 3
C. 840 units 3
D. 420 units3

Answers

AnswerAnswer:

420

Step-by-step explanation:

The volume of the prism is 840 units³ which is correct option (C).

What is volume of prism?

The volume of the prism is defined as the measure of the space occupied within a prism . The prism is a three-dimensional shape that has base area, and height. The volume of a prism is equal to the product of base area and height of a prism.

The volume of the prism= B×H

Where, B is base area of prism, and H is height of prism.

Given that,

Length of  prism (L) = 12 centimeters

Width of prism(W) = 14 centimeters

Base area (rectangle) of prism = L × W

Base area (rectangle) of prism = 12 × 14

Base area (rectangle) of prism = 168 units²

Height of prism(H) = 5 units

The volume of the  prism =  B × H

Substitute the values in above formula,

The volume of the prism = 168×5

The volume of the prism = 840 units³

Hence, the volume of the prism is 840 units³.

Learn more about volume of the prism here:

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what is the main difference when finding an inverse and solving a square root equation?

Answers

That square answer is a2 + b2= c2
A2 + B2 = C2

I think

y: 2x+3+9x+2
Simplify this

Answers

Answer:

y=16x ??

Step-by-step explanation:

Answer:

=11x+5

Step-by-step explanation:

Let's simplify step-by-step.

2x+3+9x+2

Combine Like Terms:

=2x+3+9x+2

=(2x+9x)+(3+2)

=11x+5

Answer:

=11x+5

A stone falls from a train trestle. The stone's height in meters above the ground is modeled by the function h(t)=−4.9t2+155 where t is time in seconds. To the nearest tenth of a second, how long does it take the stone to hit the ground? State what strategy you will use to answer the question, and then find the answer.

Answers

Answer:

5.6s

Step-by-step explanation:

Given the height reached by the stone modeled by the equation

h(t)=−4.9t2+155 where t is time in seconds.

The stone hits the ground at h(t) = 0

Substitute

0 = -4.9t²+155

4.9t² = 155

t² = 155/4.9

t² = 31.63

t = ±√31.63

t = 5.62seconds

Hence it will take 5.6s to reach the ground(to the nearest tenth)

Find the area of a regular pentagon with an apothem of 8.95 cm and a side length of 13 cm. (round to the nearest whole number)

Answers

Answer:

C) 291 cm^2

Step-by-step explanation:

Sorry it took me so long to answer, but I am taking a test with this question and I want to make sure I got it right on the test before I gave you the answer.

The test I am taking is on USA TESTING and I got 100

Write the equation 9 = -5x + 4 in the form ax + b = c, where c = 9.
What are the values of a and b?

Answers

Answer:

a = - 5x and b= 4

Step-by-step explanation:

So it becomes - 5x +4=9

Hope this helps pls tell if any mistakes

Answer:

dil bende ingilizce göründüğü için anlamıyoruuumm

10.04 × 8.8= ?

can you help me again please​

Answers

Answer:

10.04 × 8.8 =?, ? = 88.352 :)

Answer:

88.352

Step-by-step explanation:

10.04

x. 8.8

=88.352

y = 3x + 6
y = (x + 4)2 – 10

What’s the solution set for this

Answers

The answer is,

y = -18, x = -8

What is the value of Fraction 1 over 2 x3 + 3.4y when x = 3 and y = 4? (4 points)15.85 18.1 27.1 31.6

Answers

The correct answer is 27.1
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(Omit the "$" sign in your response.)NovemberDecemberSalesSchedule of Expected Cash Collection-----------------------------------Accounts recievable-----------------November SalesDecember SALES---------------tOTAal Cash collectionb.Prepare a Merchandise Purchases Budget for November and December. (Input all amounts as positive values. Omit the "$" sign in your response.)NovemberDecemberBudgeted cost of goods solddeduct: Begining merchandise inventorytotal needsadd: desired ending merchandise inventoryrequired purchase Marisol buys 3 notebooks that each cost the same amount and 1 calculator that costs $9. The total cost is $21. How much does each notebook cost? Have you heard of Debi Nova? Nearly unknown in the United States for many years, she is a star in her native Costa Rica. Born into a musical family, Nova began playing the piano at age 4. Even as a teenager, she enjoyed great success. Her band played as part of the opening act for many international groups. 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