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
Temka [501]
2 years ago
6

Landry earned $2,300 over the summer and decided to invest it in an account that earns 4% annual compound interest. If Landry do

es not make any other deposits or withdrawals, how much will be in her account after 20 years?
Mathematics
2 answers:
solniwko [45]2 years ago
6 0

Answer:

Landry will have $5039.58

Step-by-step explanation:

compound interest formula: amount = p(1 + \frac{r}{n})^{nt}

p= principal ($2,300)

r= interest rate as a decimal (4% = 0.04)

n= number of times the principal is compounded per year (annually = once per year so 1 time per year)

t= time in years (20 years)

new equation: amount = 2300(1+\frac{0.04}{1} )^{1*20}

That equation equals $2,739.58 which you add to the principal.

$2,739.58 + $2,300 = $5039.58

hope this helps :) the equations aren't showing up right :(

Lemur [1.5K]2 years ago
4 0
She would have $5039.58 in her account after 20 years
You might be interested in
Four sisters bought a present for their mother. They received a 10% discount on the original price of the gift. After the discou
Orlov [11]

Answer:

$40

Step-by-step explanation:

x is the original price of the gift

(10% of x) is the value of the discount

(10% of x) = 10/100 . x = 0.1 x

0.1 x    is the value of the discount

x - (10% of x) is what was paid, after the discount

x - 0.1 x = 0.9 x

0.9 x    is what was paid

4 children paid $9/each

4 times $9 = $36

$36 is the total amount that was paid by the children

$36 = 0.9 x

$36 / 0.9 = x

x = $36 / 0.9 = 360 / 9

x = 40

;-)

4 0
2 years ago
Which statements about the graph of the function y = (StartFraction 1 Over 3 EndFraction) Superscript x are true?
WARRIOR [948]

the function is decreasing and the y intercept is (0,1)

6 0
2 years ago
Read 2 more answers
Jenna works in an ice cream shop. When she starts her shift the tub of chocolate ice cream is 23 full. When she finishes her shi
ipn [44]

Answer:

<em />Rate = 1.1/hr<em />

<em />

Step-by-step explanation:

Given

Start = 23

End = 16

Hours = 6\frac{1}{2}h

Required

Determine the hourly rate

First, we need to determine the ice cream sold

Ice\ Cream = 23 - 16

Ice\ Cream = 7

Next, we calculate the hourly rate:

Rate = Ice\ Cream/Hours

Rate = 7/6\frac{1}{2}h

Rate = 7/\frac{13}{2}h

Rate = 7*\frac{2}{13h}

Rate = \frac{14}{13h}

Rate = 1.07692307692/hr

<em />Rate = 1.1/hr<em> -- Approximated</em>

4 0
2 years ago
Read 2 more answers
A rectangular piece of land is 40m long and 25m wide. A path of uniform width and 426 m^2 area sorrounds
fredd [130]

Answer:

Width of the uniform path that surrounds the piece of land = 3 m

Step-by-step explanation:

Let the width of the path that surrounds the piece of land be x.

The situation described is sketched in the attached image to this solution.

The dimension of the Length of the piece of land including the uniform path that surrounds it = (40 + 2x) m

The Breadth of the piece of land including the uniform path that surrounds it = (25 + 2x) m

The area of the piece of land including the uniform path that surrounds it

= (Area of the piece of land) + (Area of the uniform path that surrounds it)

Area of the piece of land = Length × Breadth = 40 × 25 = 1000 m²

Area of the uniform path that surrounds it = 426 m² (Given in the question)

The area of the piece of land including the uniform path that surrounds it = 1000 + 426 = 1426 m²

But the area of the piece of land including the uniform path that surrounds it is also

= (Length of the piece of land including the uniform path that surrounds it) × (Breadth of the piece of land including the uniform path that surrounds it

= (40 + 2x) + (25 + 2x)

= 1000 + 80x + 50x + 4x²

= (4x² + 130x + 1000) m²

Equation these 2 areas

4x² + 130x + 1000 = 1426

4x² + 130x - 426 = 0

Solving the quadratic equation

x = 3 or -35.5

Since the width cannot be negative,

x = 3 m

Hope this Helps!!!

7 0
2 years ago
Describe in words the region of double-struck R3 represented by the inequality. 0 ≤ z ≤ 7 The inequality 0 ≤ z ≤ 7 represents al
qwelly [4]

Answer:

All points between z = 0 and z = 7 along the z-azis in R3 x-y-z plane

Step-by-step explanation:

The inequality 1 \le z  \le7 represents all sets of points on the z-axis in the R3 plane that lies bewteen z = 0 and z= 7.

It is represents a line segment joining two point z= 0 and z=7 along z- axis in the R3 plane, while x=0 and y=0 on the x-y plane.

4 0
2 years ago
Other questions:
  • In the diagram, AC=BD=17 and BC=3. The length of segment AD is
    8·1 answer
  • The perimeter of a square is 56cm. What is the approximate length of its diagonal?
    5·2 answers
  • Assume that Mrs. Giang’s car travels 14 miles on each gallon of gas. If she travels to visit her niece who lives 133 miles away,
    11·2 answers
  • You are checking the intermediate results of a phone app that calculates the weight of an object in kilograms given the weight i
    12·1 answer
  • Sal recorded the number of crackers in each snack-sized package he opened. Which statement must be true according to the box plo
    9·2 answers
  • The amount of red blood cells in a blood sample is equal to the total amount in the sample minus the amount of plasma. What is t
    8·1 answer
  • Brenda created this personal balance sheet. Brenda’s Balance Sheet Assets Liabilities jewelry food wages health insurance commis
    13·1 answer
  • Randy divides (2x4 – 3x3 – 3x2 + 7x – 3) by (x2 – 2x + 1) as shown below. What error does Randy make? x squared minus 2 x + 1 St
    7·1 answer
  • Select the correct answers.
    15·1 answer
  • HHHHHHHHHEEEEEEEEELLLLLLLLPPPPPPPP MMMMMMMMMMEEEEEEEEEEEEEEEEE
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!