Investing $10,000 in a savings account at 3% annual interest compounded monthly will result in approximately how much money after
10 years?
formula: A = P(1 + r/m)^mt

O $10, 564.68
O $13, 439.16
O $13, 493.54
O $13,000.00

Answers

Answer 1

Answer:

$13,493.54

Step-by-step explanation:

We are gonna use the provided formula: A = P(1 + r/m)^mt

A = Final amount (?)

P = Starting amount (10,000)

r = rate (0.03)

m = times applied (12 since it is compounded monthly)

t = years (10)

A = 10,000(1 + 0.03/12)^12·10

I would suggest using a calculator, but let's try to get a little far with this

A = 10,000(1 + 0.0025)^12·10

A = 10,000(1.0025)^120

A = 13,493.535471908333


Related Questions

WILL MARK BRAINLIEST <3 Each of the letters in the word "HANDIWORK" are on separate cards face down on the table. If you pick a card at random, what is the probability that the letter on it will fall between "F" and "Q" in the alphabet?
5/9
3/9
1/2
7/9

Answers

The probability that the letter on it will fall between "F" and "Q" in the alphabet is 5/9. Option A is correct.

Probability is the likelihood or chance that an event will occur.

Probability = Expected outcome/Total outcome

Given the word "HANDIWORK", the total letters in the word are 9 letters.Total outcome = 9 letters

For the number of events, we will have to find the letters between F and Q in the "HANDIWORK". The letters are n(E) = {H, N, I, O, K}Hence n(E) = 5

Pr(the letter on it will fall between "F" and "Q" in the alphabet) = 5/9

Hence the probability that the letter on it will fall between "F" and "Q" in the alphabet is 5/9

Learn more here: https://brainly.com/question/13604758

PLEASE HELP 20 POINTS
What is the value of the expression 5(6/12-1/4) + 0.5

Answers

Answer:

5/8

Step-by-step explanation:

First you need to reduce the fractions then you choose a common denominator to calculate:6/12=1/2 then you see the you see 1/4 can be a common denominator so you equal 1/2 to the denominator by 4, which means multiplying 2 by both the numerator and denominator, we get 2/4 after that you add and subtract in parentheses and you will get 1/4 then you multiply by 5 to get 5/4 the finally you have to plus 0,5 you will get 7/4 done.

PLEASE HELP ME NO LINKS PLEASE

Answers

Answer:

Step-by-step explanation:Class 1 :

mean= 78.83(rounded)  median=88 range= 55

Class 2:

mean= 79.42 (rounded) median=85.5 range= 60

Class 3:

mean= 79.42 (rounded) median=78 range =45

PLEASE HELP MEEEE!!!!!!!!!

Answers

Answer:

a) 1,144 rad/min

b) 182.1 rev/min

Step-by-step explanation:

d= 24 inches

radius = 24/2 or 12 inches

speed = 13mi/h

need to convert speed to inches/min

v = Θ * r

1 mile = 63360 inches, and 1 hour = 60 min

13 mi * (63360 in / mi)

= 823680 in /  (1 hr * 60 min / hr)

=13728 in/min

Now go back to the equation

13728  in / min = ω * 12 in

13728  /12 = Θ

1,144 rad/min

b) 1 revolution = 2π

w= Θ/2π

w= 1,144rad/ min/2pi rad

w= 182.1 rev/min

The governor of state A earns $51,615 more than the governor of state B. If the total of their salaries is $291,335, find the salaries of each.

Answers

Answer:

A = $171,475, B = $119,860

Step-by-step explanation:

A represents the salary of the governor of state A.

B represents the salary of the governor of state B.

A is $51615 larger than B, so you get the equation:

A = B + 51615

The total of the two salaries is $291335, so you can the second equation:

A + B = 291335

Using the first equation, substitute the quantity (B + 51615) for A in the second equation.

(B + 51615) + B = 291335

2B + 51615 = 291335

2B = 239720

B = 119860

Plug this value of B back into either of the equations.

A = B + 51615 = 119860 + 51615 = 171475

Please answer
A=
B=
C=

Answers

Answer:

I can't see the file

Step-by-step explanation:

A new company president is said to have caused the company "to do a 180." Before the new president, the company was losing 10,000 per month .What is the company most likely doing under the new president?

Answers

Answer:

Earning 10,000 per month.

Step-by-step explanation:

Since a "180" usually refers to an opposite, the opposite of "losing 10,000 per month" would happen.

So, the company would be earning money instead of losing money.

A wheel on Ruben’s bicycle is 1.5 ft in diameter. Reuben races the bicycle for 155 ft. How many times does the wheel turn as the bicycle travels this distance? Use the value 3.14 for ㅠ. Round your answer to nearest tenth. Do not round any intermediate steps.

Answers

Answer:

32

Step-by-step explanation:

1.5 × 3.14 =4.71

155÷4.71=32.909

so,answer is 32

answer this problem with the picutre

Answers

Answer:

75

Step-by-step explanation:

If we go from the bottom to the line that averages the sold cones by temperature (I forget its exact name), and then go to the left from that exact spot, it appears to be 75 cones.

what would the answer be for:

2 −5−24.

with full steps.

Answers

The answer would be -27. Because if you subtract 2 then 5 from that would give you -3 and then subtract 24 it would be -27

What is the sum of the numbers
1*2+2*3+.....n(n+1)

Answers

Answer:

8+n²+n

Step-by-step explanation:

Simplfy the expression

who can prove 2+2=5​

Answers

Answer:

saya tidak ingin mengatakannya tapi kalian akan menjadi gila ya

Answer:

i can see a really tiny 0.5 next to both of them

2.5+2.5=5

tadaaaaa

Step-by-step explanation:


Write y - 3 = 1/3(x - 12) in standard form

Answers

Step-by-step explanation:

y-3=1/3x -4

add add four

y+1=1/3x

divide 1/3 into 1

y+3=x

Answer:

x - 3y = 3

This is the answer in standard form.

what is the important variable in the problem?


Gary had a pizza party for his friends 14 people showed up, and they had 50 pieces of pizza. How many pieces of pizza did each person have?

Answers

Answer:

3

Step-by-step explanation:

each friend would have 3 pizzas

Learn with an example
or
Watch a tutorial
Que:
ansv
Find the slope of the line that passes through (9, 3) and (2,8).
Simplify your answer and write it as a proper fraction, improper fraction, or integer.

Answers

1/5 and that’s the answer hope it helps

due right now help ill mark you brainly if its correct

Answers

Answer:

all but 1/6

Step-by-step explanation:

Answer:

2/6 3/9 4/12 are the answers

pls make sure to round to nearest cent is necessary

Answers

I don’t know The answer but I tried

A polygon has 7 sides. The interior angle measures are 131°, 127°, 134°, 122°, 132°, 120°, and x°. Find the value of x Help ASAP

Answers

X equals 134 degrees because if you do the # of sides minus 2 times 180 that’s how much all of the angles have to equal so if you add them all up and subtract them from 900 you get 134.

In one year the Mcallister family jobs their car 50,600 miles to the nearest thousands how many miles did they drive their car that year



Answers

Answer:

51,000 thousand

Step-by-step explanation:

the miles are above 500 , 600 so they rounded up to 51,000

Hope that helped :) have a great day !

Answer:

The distance driven by the McAlister family car in one year, to the nearest thousand, is 51,000 miles

Add.

18 5/12 + 8 10/17 + 23 7/12 +28 7/17=?????????????????????????????????????????????????

Answers

Answer: 79

Step-by-step explanation:

A customer buys a different DVD that has an original selling price of $28. The DVD is discounted by 15%. The customer must pay a 5% sales tax on the discounted price of the DVD.
What is the total amount, in dollars, the customer pays for the discounted DVD?

Answers

answer is 27.2$ of all pay

What is the range of the relation graphed below?

Answers

Answer:

a

Step-by-step explanation:

Hamid needs to find the height of a parallelogram. The base is 3 inches long and the area is 30 square inches. What is the height?
Step 2 of 2: Finally, solve the problem by substituting in the appropriate values. (Round your answer to 2 decimal places if necessary.)

Answers

Answer:

the height is 10 inches

Step-by-step explanation:

area of a parallelogram is base times height

3h=30

divide both sides by 3

h=10

Answer:

area is base times height the base us 3 inches the area is 30 inches 3 times 10 is 30 so 10 is the height

Find (gxf) when f(x)=5x-7 and g(x)=2x+3

Answers

Answer:

10[tex]x^{2}[/tex]+x-21

Step-by-step explanation:

you just do (5x-7)(2x+3) and foil it out

How are congruent angles and congruent segments similar?

Answers

They both share equal parts. Congruent means equal and a congruent segment is equal to the other segmant. Same goes for congruent angles

Genesis mows lawns during the weekend in order
to earn extra money. She can mow 1/3 of a lawn
in 1/6 of an hour. How many lawns can Genesis
mow per hour?

Answers

Answer:

two lawns.....

...........

Genesis can mow 2 lawns per hour.

What is ratio?

Ratio basically compares quantities, that means it show value of one quantity with respect to other quantity.

If a and b are two values, their ratio will be a:b,

Given that,

Genesis mows in 1/6 hour =1/3 lawns

To find, mow per hour,

∴ in 1/6 hours =1/3 lawn,

⇒1 hour = 6×1/3 lawn

⇒1 hour = 2 lawns.

So, In 1 hour, Genesis can mow 2 lawns.

To learn more about Ratio on :

https://brainly.com/question/13419413

#SPJ2

The temperature in the production department is 21°C at 12 noon. If
the temperature increases 1.5° C every hour, what will the temperature
be at 5 pm?

Answers

28.5 (I don't know if this is fully correct)

It takes Rick, traveling 36mph, 40 minutes longer to go a certain distance than it takes Evelyn traveling at 84mph. Find the distance traveled

Answers

d = r · t  and we know that the distance is the same.

Let x = time it takes Evelyn (in hours, since the rate is mph).

Evelyn's distance is 84x.

Rick's distance is 36·(x+2/3)  since 40 minutes longer is 2/3 of an hour longer

    84x = 36(x+2/3)

    84x = 36x + 24

    48x = 24

    x = 1/2

So it takes Evelyn 1/2 an hour, meaning the distance is 84(1/2) = 42 miles

To confirm this, it would take Rick 42/36 hours or 1 and 1/6 hours.  That's 70 minutes, which is 40 minutes longer than Evelyn's 1/2 hour trip.

The distance is 42 miles.

Simplify: (1 – 8) – (2 – 9).

Answers

>> Answer

________

[tex] \: [/tex]

(1 - 8) - (2 - 9) = ...

= (-7) - (-7)

= -7 + 7

= 7 - 7

= 0

Help help help help help

Answers

Answer:

x>22

Step-by-step explanation:

3(x+4)>18

3x+12> 54

3x>66

x>22

Other Questions
They preach only human doctrines who say that as soon as the money clinks into the moey chest, the soul flies out of purgatory. Why is it important to possess fundamental research skills in pursuing your study? I like oranges and she (like)__________ apples. *A. likeB. to likeC. likesD. liking Removal of waste products in the body is called _____. "Split Cherry Tree" by Jesse Stuart book report in the world war ii era, what was the major reason for jewish immigration to the united states? suggest me anime genre : adventure ecchi what does cling mean in this passage Antonio buys a television worth $700 at a rent-to-own business. Because he doesn't have $700 on the day of purchase, he will pay $100 permonth for 12 months and will be able to take the television home immediately. How much will Antonio end up spending on the television afterhis 12 payments?OA. $100OB. $500OC. $700OD. $1200 Please help i reward brainliest and give pointsPlease no spamsPlease no linksPlease no wrong answersIf you dont know the answer please dont put anything What type of bug is this- ( take 2) the weight of a box having of 100 kg is __n What is the philosophy of art? Read each detail from the assignment text. Then, identify whether the detail indicates that the authors purpose is to inform, to entertain, or to persuade. "Many Hispanics spoke only Spanish, and most whites spoke only English. " "He knew he had the courage to blast through tacklers and the toughness to work all day in the beet fields, but this seemed harder. " "There were only two days before the next game. ". If someone approached you stealthily, what would the persons movements be like? How many fossilized snail shells does Elmer have? escribo mi opinion sobre los bunos habitos alimenticios ______ is my pen. *A. ThatB. ThoseC. TheseD. They8. Hello, ____ is Peter. Can I speak to Mr. Kim? *A. thatB. thoseC. thisD. these The size of a food Web is lmited by the Number of Mr. and Mrs. Ramirez both have jobs for which 22% of their earnings are taken out of their paychecks for taxes. How much would they need to earn together per month before taxes to have enough income to cover all the expenses in their budget?