Esh deposits $3500 in an account that
earns 3.75% interest each year. After the
first year, Esh has $3631.25 in the account.
After the second year, Esh has $3767.42 in
the account, and after the third year Esh has
$3908.70 in the account.

Answers

Answer 1

Answer:

Compound interest

Step-by-step explanation:

The question requires us to determine if the interest earned is a simple or compound interest

Simple interest = amount deposited x time x interest rate

Future value with compounding = A( 1 + r)^n

A = amount deposited

r = interest rate

n = time

We would calculate the simple interest and the future value in year 2

Simple interest in year 2 = $3500 x 0.0375 x 2 = 262.50

Future value in 2 years with a simple interest = 262.50 + 3500 = $3762.50

Future value in year 2 with compounding = 3500 x (1.0375)^2 = $3767.42

The value provided in year 2 with compounding matches that provided in the question. Thus, it is compounding of interest that is done


Related Questions

to rent a certain meeting room, a college charges a reservation fee of $18 and an additional fee of $6 per hour. The chemistry club wants to spend at most $72 on renting the room. what are the possible numbers of hours the cemetery club could rent the meeting room? use t for the number of hours. write your answer as an inequality solved for t.

Answers

Answer:

t ≤ 9 hours

Step-by-step explanation:

Reservation fee = $18

Additional fee per hour = $6

Let x = number of hours

At most in inequality means ≤ less than or equal to

The inequality is

18 + 6t ≤ 72

6t ≤ 72 - 18

6t ≤ 54

t ≤ 54/6

t ≤ 9 hours

Harriet is helping her brother paint an art project like the one shown below. They plan to paint only the lateral faces. One quart of paint covers 87 square feet.
If only full quarts can be
purchased, how many quarts of paint will they need to complete
the project if they plan on using one coat of paint?

Answers

i like cheese and cheese is good

the product of 5 and a number X is 22
i dont need what it equals

Answers

Inverse operations to the rescue!

So, you'd perform 22÷5 (product signals multiplication) to get your answer, 4.4. x=4.4

which values are solutions to x 5

Answers

Um this question is unclear


Find the area of the right triangle with hypotenuse of 12ft.

Answers

10atleast by the picture

PLS HELP ASAP I WILL GIVE BRAINLEAST!!!!!

Answers

Answer:

I did the FSA review so

Step-by-step explanation:

The answers can either be

301.6

301.4

301.7

All are right

Answer:

301.6 hope this help! also have a nice day

Guys Please Help I’m stuck on this question?!!!!!

Answers

Answer:pretty sure it’s the last one

Step-by-step explanation:

It’s asking for the negative version...

Answer:

the third one.

Step-by-step explanation:

lolololololololololol

3) 14, 9, 20, 5, 17, 13 mean:
median:
mode:
range:​

Answers

Answer:

mean: 13

range: 15

there is no mode

median: 13.5

Step-by-step explanation:

mean= 14+9+20+5+17+13 = 78

78÷6= 13

range = highest number minus the smallest number

20-5 = 15

the mode is the number that occurs the most

median= 13+14= 27

27÷2 = 13.5

I need your help please!!! :)

Answers

Answer:

(-6.5, 3)

7.2units

Step-by-step explanation:

Given the coordinate

A =(-26, -15)

B = (13, 21)

Midpoint of A and B is expressed as;

X = -26+ 13/2

X = -13/2

X = -6.5

Y = -15+21/2

Y = 6/2

Y = 3

Hence the required midpoint is (-6.5, 3)

b) The distance between the coordinate (-6.5, 3) and (0,0) is expressed as;

D = √(-3)²+(0+6.5)²

D = √9+42.25

D = √51.25

D = 7.2units

Hence the distance between the  midpoint and the base camp is 7.2units

The price of an item has been reduced by 70%. The original price was 70$. What is the price of the item now?

Answers

Answer:

21

Step-by-step explanation:

original price-reduced price

100%-70%=30%

100%=70

30%

30%/100%*70=21

=21$

Yana, Josh, and Katrina are standing at the vertices of a righi triangle as they
throw a frisbee. Yana and Josh are standing 15 feet apart, Josh and Katrina are
standing 12 feet apart, and Katrina and Yana are standing 9 feet apart.
Tree joins the game and stands between Yana and Josh.
What is the shortest possible distance between Trae and Katrina?

Answers

Answer:

c

Step-by-step explanation:

Answer:

B

Step-by-step explanation:

Select the Equation that has a solution of: (b=6)
A.6+b = 8
B.Sb = 48
C.70 - b = 61
D.11-6=4

Answers

A : B=2
B : S=48/b
C : B=9
D : 5=4

Help me plzzzzzzzzzw bc

Answers

Answer:

Value of a in term of x = 8/x

Step-by-step explanation:

Given:

14 = ax + 6

Find:

Value of a in term of x

Computation:

⇒ 14 = ax + 6

Step 1; Subtract 6 from both side

14 - 6 = ax + 6 - 6

We get step 2

8 = ax

Divide x from both side and we get step 3

8 / x = ax / x

Step 4

⇒ 8/x = a

Step 5

⇒ a = 8/x

Value of a in term of x = 8/x

Find the equation of the line that
is parallel to y = 2x + 5 and
contains the point (2, -4).
y = 2x + [?]

Answers

Answer:

y=(9,-8)

Step-by-step explanation:

2(2,-4) will give you (4,-8)

therefore y=(4,-8)+5

4+5 which is 9 and nothing will be added to -8

y=(9,-8)

Answer:

y=2x-8

Step-by-step explanation:

[Please read first] I will NOT be taking links or download files as an answer you may NOT get credit for it thank you.

A rectangular prism has a length of 9 in., a width of 4 in., and a height of 1 1/2 in.

The prism is filled with cubes that have edge lengths of 1/2 in.

How many cubes are needed to fill the rectangular prism?
Enter your answer in the box.
To fill the rectangular prism, [ ] cubes are needed.

Answers

Answer:

108

Step-by-step explanation:

To find the volume of a rectangular prisms just multiply its dimensions together then you should get a volume of 54 in² then divide by 1/2 to find out how many cubes will fit in the prism

What is the diameter of a circle if the circumference is approximately 47.12 ft?

FREE POINTSS

Answers

Answer:

94.24 ft and thank you!

Step-by-step explanation:

Answer:94.24ft

Step-by-step explanation:thx :)

The distance from city a to city b is 1400 miles and from city a to city c is 500 miles. Estimate how many miles farther city b is from city a than city c is

Answers

Answer:

900 miles

Step-by-step explanation:

Given that:

Distance from City A to city B = 1400 miles

Distance from City A to City C = 500 miles

Miles farther city B is from city A than city C is ;

Distance from A to B - Distance from A to C

1400 miles - 500 miles

= 900 miles

PLS HELP!!!! MARKING BRAINLIEST

Answers

Answer:

for 9

Step-by-step explanation:

john grabs a piece of kitchen twine, he grabs the whole length of 8 ft. He 1/2 off. He then cuts another half of on each piece of twine. How many pieces of kitchen twine does john have?

Solve for the missing variable given the rhombus (8x+58)

Answers

Answer:

the answer is already simsplified and there isnt a photo

if you what it factored then the answer would be 2(4x+29)

The first 3 common denominators of 1/12and 1/4 are

Answers

The answer is 12, 24, 36 Hope this helps :)

A survey was given to a random sample of students attending college in which they were asked, "As a college student, do you feel like your high school prepared you for your college experience?" The data showed that 54% of the 600 students surveyed replied yes. What is the population of the statistical question? A. All students attending college B. All students in high school and college C. The 600 students who were surveyed D. The 54% of students who replied yes​

Answers

Answer:

D

Step-by-step explanation:

Option A doesn't give any statistical data, B is the same as A, and C doesn't show accurately how many students replied yes or no.

solve for x.
hint: use your knowledge of parallel lines. what do you know about these angles? are they congruent or supplementary?

Answers

Answer:

x = 11

Step-by-step explanation:

The given angles are supplementary which means their sum is 180

8x - 6 + 98 = 180 add like terms

8x + 92 = 180 subtract 92 from both sides

8x = 88 divide both sides by 8

x = 11

is a negative number to the seventh power negative

Answers

7 is an odd number since it can't be divided evenly by 2.

A negative number taken to an odd power will always be negative.

For example, -1⁵ is -1 because 5 is an odd number.

someone help me please ​

Answers

$45 - 15% = $38.25

$53 - 20% = $42.04

So the Forever 21 dress would cost less.

Hope this helped.

[tex]\sqrt20xy*\sqrt4xy^2\\[/tex]

Answers

Answer:

4xy in front of the square root of 20xy

Step-by-step explanation:

Please help its urgent
Alexandra finds out that she can give 3 haircuts and 2 hair dyes in 315 minutes.Giving 2 hair cuts and 4 hair dyes takes 450 minutes.How long does it take her to do 1 haircut.
3x+2y=315
2x+4y=450
30 minutes
45 minutes
60 minutes 3x+4y=450
90 minutes 2x+4y=315

Answers

450/30

15

15/3x =5

x= 5

5+2y= 315

5-5+2y =315-5

2y = 310

2y/2 = 310/2

y=155

Step-by-step explanation:

450/45

10

2x+4y=450

2×5=10

10+(4×155)

=620/155

=4

10/5=2

There are fewer than 3 gallons of gas in the tank. Use as your variable.

The inequality is

Answers

>3. its less than 3 because it is

I HAVE 2 MIN PLS HELP

Answers

Answer:

C (ignore this it asked for 20 characters)

if p and q vary inversely and p is 17 when q is 15, determine q when p is equal to 5

Answers

Answer:

Step-by-step explanation:

q = 51

Writing these statements symbolically, we get p = k/q.  This is inverse variation.

Solving for k, we get k = pq.  Thus the governing equation is k = pq, or k = (17)(15) = 255.

We then have a specific equation:  p = 255/q, or q = 255/p.

If p is 5, q is   q = 255/5 = 51

Yo pls help me out, the question is on the picture.
ill mark brainliest if its correct. NO LINKS!

Answers

Answer:

10.7

Step-by-step explanation:

cos48 = x/16

0.6691306 = x/16

x=10.706=10.7

I am pretty Sure i it’s 10.7 I had this question before but I can’t remember what I did!
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