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larisa86 [58]
1 year ago
10

7700 dollars is placed in an account with an annual interest rate of 5.75%. How much will be in the account after 24 years, to t

he nearest cent?
Mathematics
1 answer:
Amanda [17]1 year ago
4 0

Answer:

A = $18,326.00

(assuming simple interest)

Step-by-step explanation:

Assuming simple interest, the following formula applies:

final amount = (principal amount) x [1  + (annual rate)(time elapsed) ]

or

A = P (1 + rt)

in our case,

P = $7,700

r = 5.75% = 0.0575

t = 24 years

hence,

A = 7700 [ 1 + (0.0575)(24)]

A = 7700 ( 1 + 1.38)

A = 7700 x 2.38

A = $18,326.00  

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5 0
1 year ago
Read 2 more answers
You ride your bicycle 40 meters. How many complete revolutions does the front wheel make?
Delicious77 [7]
First, we convert the given radius of the wheel to meters giving us an answre of 0.325 m. Then, we calculate for the circumference.
                                           C = 2πrr
Substituting,
                                          C = 2π(0.325 m) = 2.04 m
Then, we have a road that is 40 m long, the number of complete revolutions is,
                                      n = 40/2.04 m = 20 
7 0
2 years ago
A recipe for casserole calls for 2 cups of rice. The recipe makes 6 servings of casserole. how many cups of rice will you need t
ss7ja [257]

You will need 3.333.... cups of rice to make 10 servings of casserole.

<u><em>Explanation</em></u>

The recipe which makes 6 servings of casserole, needs 2 cups of rice.

Suppose, you need x cups of rice for making 10 servings of casserole.

Now, the equation according to <u>the ratio of "cups of rice" to the "servings of casserole" </u>will be.....

\frac{x}{10}=\frac{2}{6}\\ \\ 6x= 2*10=20\\ \\ x=\frac{20}{6}=3.333.....

So, you will need 3.333.... cups of rice to make 10 servings of casserole.


5 0
2 years ago
A freezer has a temperature of 14 degrees Fahrenheit. An ice-cube tray full of water is placed in the freezer. The function f(t)
Hitman42 [59]

Answer:

  65

Step-by-step explanation:

You can use f(15) = 40 to solve for C, then find f(0), the initial temperature.

  40 = f(15)

  40 = Ce^(-0.045·15) +14 = .50916C +14

  26 = .50916C

  26/.50916 = C ≈ 51.065

Then f(0) is ...

  f(0) = 51.065·e^0 +14 = 65.065 ≈ 65

The initial temperature of the water was 65 degrees Fahrenheit.

5 0
2 years ago
Read 2 more answers
A safe has a 4-digit lock code that does not include zero as a digit and no digit is repeated. What is the probability that the
uysha [10]

Answer:

The probability is found:

P = 24/3024 = 1/126

Step-by-step explanation:

To find total number of outcomes, we have to find permutation of 9 things taken 4 at a time:

P(9,4) = 9! / (9-3)!

P(9,4) =362880/120

P(9,4) = 3024

Number of even numbers from 0 to 9 = 4

To find desirable number of outcome, find permutation of 4 things taken 4 at a time.

P(4,4) = 4! / (4-4)!

P(4,4) = 24/1

P(4,4) = 24

The probability that the lock consists of all even digits is

P = No. of desirable outcomes / No. of total outcomes

P = 24/3024

3 0
2 years ago
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