answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
vaieri [72.5K]
2 years ago
14

George’s parents are saving for his college fund. They put $5,000 into an interest bearing account with a compound interest rate

of 5.5%. George’s parents want to determine what the balance of his college fund account will be after 15 years. Using the formula A = P (1 + r) Superscript t, which is the correct substitution for the formula?
Mathematics
1 answer:
Nookie1986 [14]2 years ago
5 0

Answer:

see below

Step-by-step explanation:

A = P (1 + r) ^t

A is the amount in the account

P is the principle or the amount invested

r is the interest rate

t is the time

A = 5000 (1 + .055)^15

     5000(2.23247)

Rounding to 2 decimals since we round to the nearest penny

      11162.38

   

You might be interested in
Parts of Complex Numbers<br> z=4.1i+85<br> Re(z)=_____<br> Im(z)=_____
Pepsi [2]
Variable z = a+bi is normally used to represent a complex number.
where a is the real number of z (Re z) while b is the imaginary part of z (im z)
Therefore in this case; z=4.1 i +85, therefore
Re(z) =85
Im(z) = 4.1
3 0
2 years ago
Solve by completing the square: 5x2 + 20x + 32 = 0
igor_vitrenko [27]
Your answer is no solution (because a negative square root doesn't exist)
first, you divide all sides by five and then take b, half it then square it

5 0
2 years ago
Darryl deposits $1,500 into a savings account that has a simple interest rate of 2.7%. Lori deposits $1,400 into a savings accou
igor_vitrenko [27]
Darryl:
Answer:
A = $1,905.00

(I = A - P = $405.00)

Equation:
A = P(1 + rt)

Lori:

Answer:
A = $1,932.00

(I = A - P = $532.00)

Equation:
A = P(1 + rt)

Thus $532-$405= $127 more in Lori's account
3 0
2 years ago
Read 2 more answers
Corey walked three blocks east and then six blocks north. All the blocks were the same length. What is the value of the slope of
serg [7]
You can set up an equation of a line where it has a slope-intercept form written as y=mx + b where m is the slope and b is the y-intercept. The slope is calculated by the change in y over  the change in x. Hope this answers the question. Have a nice day
8 0
2 years ago
Read 2 more answers
If R is the midpoint of QS , find QS (QR = 5x-3 and RS =21-x)
Finger [1]

Answer:

QS is 34

Step-by-step explanation:

We find x first. We set each side equal to each other to do so.

5x-3=21-x

6x=24

x=4

Next we find QS value. We add each side.

5x-3+21-x

4x+18

Then we plug in x to find numeric value.

4(4)+18

34

3 0
2 years ago
Read 2 more answers
Other questions:
  • On average, a herd of elephants travels 10 miles in 12 hours. Kamilia wants to know how many miles they travel in 1 hour. Esau w
    5·1 answer
  • Find the volume in cm³ of a length of pipe which has these measurements. Volume of a cylinder = πr²h π = 3.14.
    9·2 answers
  • The probability that Ashley drives faster than the speed limit (event A) is 0.34, and the probability that he gets a speeding ti
    8·2 answers
  • Trisha bought a carton of orange juice. She drank 1/3 of the carton on Monday
    12·2 answers
  • If running a radio ad 8 times daily for a week generated 2,100 ticket sales, how many ticket sales would you expect if you ran t
    15·1 answer
  • Based on daily measurements, Bob's weight has a mean of 200 pounds with a standard deviation of 16 pounds, while Mary's weight h
    10·1 answer
  • Evaluate y = ln (x − 2) for the following values of x. Round to the nearest thousandth.
    9·2 answers
  • Dylan invested $93,000 in an account paying an interest rate of 3% compounded quarterly. Assuming no deposits or withdrawals are
    5·1 answer
  • On each coordinate plane, the parent function f(x) = |x| is represented by a dashed line and a translation is represented by a s
    5·2 answers
  • Bill spent $60 on fertilizer and weed killer for his lawn. Each pound of fertilizer cost 75 cents, and each ounce of weed killer
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!