How much money is earned by investing $10,000 for 5 years and 3 months at 3 1/5% annual interest, compounded monthly? (I know how to do this but how do you put "5 years and 3 months" into a formula and how do you add it up to make 525?)
^^^^^^^^^
Answers
Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Answer:
Actually, The top answer is wrong... The answer would be $1,826.72 ( Sorry...not trying to be rude or anything)
Step-by-step explanation: I know this because it's a gradpoint answer.
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Benny has saved three thousand nine hundred cents over four days from selling lemonade.How many dollars does Benny have?
Answers
= (5.00 + 0.60) * (4.00 + 0.15)
= 5.00 * 4.00 + 5.00 * 0.15 + 4.00 * 0.60 + 0.15 * 0.60
= 20 + 0.75 + 2.40 + 0.09
= 22 + 0.40 + 0.09 + 0.70 + 0.05
= 22 + 1.10 + 0.14
= 23.10 + 0.14
= 23.24
Answers
the y intercept is where the line crosses the y axis or where x=0
x intercept
solve for where y=0
0=4x-2
add 2
2=4x
divide 4
1/2=x
x intercept at x=1/2 or at the point (1/2,0)
y intercept
x=0
y=4(0)-2
y=0-2
y=-2
y intercept at y=-2 or the point (0,-2)
x intercept at x=1/2 or at the point (1/2,0)
y intercept at y=-2 or the point (0,-2)
Answers
Answer:
5-7i
Step-by-step explanation:
-5+7i+(5-7i)=0 so 5-7i is the additive inverse of -5+i
hope this helps-
Answers
Answers
In 5 minutes 195 sit ups can be done.
What is referred as the unitary method?
- The unitary method is a process that determines the value of a single unit from value of multiple units, as well as the value of multiple units from of the value of a single unit.
- It is a method for determining the value of a single unit by subtracting the value of multiple units and subtracting the value of different components from of the value of a single unit.
For the given question.
If 78 sit-ups is done in 2 minutes.
this can be written as;
2 minutes -------> 78 sit ups.
For 1 minutes, divide both side by 2.
1 minutes -------> 39 sit ups.
For 5 minutes, multiply both sides by 5.
5 minutes -------> 195 sit ups.
Thus, in 5 minutes 195 sit ups can be done.
To know more about the unitary method, here
#SPJ2
Answer:
195
Step-by-step explanation:
78/2*5
Any help appreciated!
Answers
Speed=slope=∆distance/∆time
Part1:
(20-60)/(1-0)=-40mph
Part2:
(0-20)/(3-1)=-20/2=-10mph