If you deposit $6000 into an account paying 8% annual interest compounded monthly, how much money will be in the account after 7 years?

Answers

Answer 1

Answer:

$10278

Step-by-step explanation:

Given data

P= $6000

R= 8%

T= 7 years

The compound interest formula is

A=P(1+r)^t

substitute

A=6000(1+0.08)^7

A=6000(1.08)^7

A=6000*1.713

A=$10278


Related Questions

Give two ways to write the expression as a phrase.

$4w$

Answers

Answer: 4^1 or 4^1w

Step-by-step explanation:

There is 4 and one w therefore, you have 4^1 or, 4^1w

An older person is 8 yes older than seven times the age of a younger person. The sum of their ages is 32. What are their ages?

Answers

The answers are 3 and 29
Hope this helps if it does please consider making my answer brainliest

Which of these is a geometric sequence?
4,2,1, , ....
3,6,9,12,...
3, -15,-33, -51,-69,...
2,3,5,9,17,...

Answers

Answer:4,2,1,1/2,1/4

Step-by-step explanation:the other guy was wrong (for aP exusers) heres the answer that was right for me

What do you get when you plug 4 in the following function?​

Answers

Answer:

567

Step-by-step explanation:

It will become:

y = 7(3)^4

y = 7 * 81

y = 576

Answer:

Y = 567

Step-by-step explanation:

Y=7(3)(3)(3)(3)

what is 8.154 to 1 decimal place?

Answers

What is 8.154 rounded to 2 decimal places?" is the same as asking, "What is 8.154 rounded to two decimal points?" or "How to round 8.154 to two decimal places."

The main point is that you want to round 8.154 to two digits or places after the decimal point. Thus, we want to eliminate the last digit in 8.154. To eliminate the last digit in 8.154, we use the following Two Decimal Places Rules to get the answer:

Two Decimal Places Rule #1: If the last digit in 8.154 is less than 5, then remove the last digit.

Two Decimal Places Rule #2: If the last digit in 8.154 is 5 or more and the second to the last digit in 8.154 is less than 9, then remove the last digit and add 1 to the second to the last digit.

6 more than three times a number

Answers

Answer:

3x+6 is your expression.

Step-by-step explanation:

the answer is either 3x+6 or 6+3x

Need help with this please

Answers

Answer:

158 correct

Step-by-step explanation:

158

Step-by-step explanation:

Q1 Expand the following brackets
(a) 5(y + 3) (b) 4(a + 2)
(c) 8(W + 10)
(
(e) 9(s - 1)
(f) 2(8-t)
(g) 7(4 + h)
(i) 4(3y + 2)
6) 5(2p - 1)
(k) 3(7a +2)​

Answers

Answer:

[tex]a)5y + 15 \\ b)4a + 8 \\ c)8w + 80 \\ e)9s - 9 \\ \: f)16 - 2t \\ \: g)28 + 7h \\ \: i)12y + 8 \\ \: 6)10p - 5 \: \\ k)21a + 6[/tex]

[tex]plzz \: \: mark \: as \: brainliest[/tex]

In this expression what is the variable?
5x + 23

Answers

x is the variable :)

As a mixed number in its simplest form :)

4 1/2 ÷ 3/5

Answers

Answer:7.5

Step-by-step explanation:

Answer:

7 1/2

Step-by-step explanation:

The length from the center of a wind turbine to the tip of one of its blades measures 32 meters. What is the approximate distance the tip of the blade will travel in one revolution of the wind turbine?

Answers

Answer:

the answer is 200.96 :)

Step-by-step explanation:

The slope of a line is -4, and the y-intercept is -3. What is the equation of the line written in slope-intercept form?

y = 4x - 3
y = -4x + 3
y = -4x - 3

Answers

The last one with both negatives
The answer is y= -4x - 3

Write 7% as a fraction or mixed number in simplest from

Answers

Answer: Percent" or "%" means "out of 100" or "per 100", Therefore 7% can be written as 7100 . Because 7 is a prime number and cannot be factored this is the simplest form.

Step-by-step explanation:

Find the solution of the system of equations -7x-3y=-20 3x+6y=-15

Answers

9514 1404 393

Answer:

  (5, -5)

Step-by-step explanation:

I like a graphing calculator for quickly finding a solution to a system of equations. It shows the solution to be (5, -5).

__

We can add the second equation to 2 times the first to eliminate the y-variable.

  2(-7x -3y) +(3x +6y) = 2(-20) +(-15)

  -11x = -55 . . . . . collect terms

  x = 5 . . . . . . . . . divide by -11

Substituting this value into the second equation, we have ...

  3(5) +6y = -15

  6y = -30 . . . . . . . . subtract 15

  y = -5 . . . . . . . . . . divide by 6

The solution is (x, y) = (5, -5).

The segments shown below could form a triangle.

Answers

Answer:

True. It could. Sorry my answer just has to be 20 characters long

3. Diego measured the length of a pen to be 20 cm. The actual length of the pen is 22 cm.
Which of these is closest to the percent error for Diego's measurement?
A. 2%
B. 4.5%
C. 10%
D. 9%

Answers

D


22cm—>100%
2cm—->2x100\22=9.09%

Diego’s error was 2cm Which represents 9.09% of the actual length of the pen

Which ordered pair is a solution of y > 5x-2?

(3,13)
(1,5)
(2,7)
(4,4)

Answers

lol

Step-by-step explanation:

If the density of a piece of wood is 0.85 g/cm3, what is the volume if the mass of 24.99 cm3?

Answers

Answer:

to find volume

Step-by-step explanation:

I think so it is like this 24.99/0.85 =29.4

Raphael deposited $6,500 in an account that pays 4.25% interest, compounded annually. He left the money in the account for 4 years, without depositing money to it or withdrawing money from it.


At the end of the 4 years, how much interest in dollars and cents did the account earn? help asap

Answers

Answer:

$1105

Step-by-step explanation:

First, converting R percent to r a decimal

r = R/100 = 4.25%/100 = 0.0425 per year,

then, solving our equation

I = 6500 × 0.0425 × 4 = 1105

I = $ 1,105.00

The simple interest accumulated

on a principal of $ 6,500.00

at a rate of 4.25% per year

for 4 years is $ 1,105.00.

A ticket for a seat at a school play costs £2.95
There are 21 rows of seats.
There are 39 seats in each row.
The school will sell all the tickets.
Work out an estimate for the total money the school will get.

Answers

Answer:

Answer vary :

2.95(21 times 39) = $2,416.05

Step-by-step explanation:

honestly in my opinion that the answer. so we’re trying to find out how much money the school will earn.

if each seat cost 2.95 we need to find out how many seats are their?

-21 times 39 = 819

we multiplied the rows and seats find out how many seats their are and the answer is 819.

after you do that now we have to find out how much money they will earn from selling all 819 seats.

-819 times 2.95 = 2,416.05

we then multiplie all of the seats wich is 819 seats by 2.95 wich is the cost of one seat and got 2,416.05, and that’s the answer we’ve been looking for.

and that’s how I got my answer.

The total money school will get is £2416.05 on a play.

What is multiplication?

Multiplication is a mathematical arithmetic operation. It is also a process of adding the same types of expression for some number of times.

Example - 2 × 3 means 2 is added three times, or 3 is added 2 times.

Given:

A ticket for a seat at a school play costs £2.95

There are 21 rows of seats.

There are 39 seats in each row.

That means,

there are total 21 x 39 =  819 seats.

So, the total money the school will get,

= 819 x £2.95

= £2416.05

Therefore, school makes £2416.05 on a play.

To learn more about the multiplication;

https://brainly.com/question/19634536

#SPJ2

I WILL GIVE BRIANLIEST!!!!!!!!

Please, I really need to get these right because I’m redoing it for full credit and I have an F in math, help me with as many as you can but don’t guess because I really need this. Even if you see other people’s answers, please give me your feedback still.

Answers

Answer: This might be a little too late but I believe the answer is 2; distance increases by 2 miles per hour. I hope you have a great day and good luck!

A box has dimensions 6in x 3in x 7in. What is the volume?

Answers

Answer:

126 in.³

Step-by-step explanation:

Volume of a rectangle/square is length x width x height so you just multiply all the dimensions together.

Hope this helped :)

Help me asp please I need this answer within 5mins

Answers

B or d I’m not sure try for your self and hope this answer helps
B or D not sure what it is try it yourself

Does 2,4,5 make a right triangle

Answers

Answer:

No

Step-by-step explanation:

The formula is a² + b² = c²

2² + 4² = 5²

4 + 16 = 25

20 ≠ 25

20 is not equal to 25, so 2, 4, 5 does not make a right angle triangle.

Answer: Yes.

Step-by-step explanation:

2 + 4 > 5  

2 + 5 > 4  

4 + 5 > 2  

3x=6y-3 (table of values)

Answers

Answer:

The image I put is the answer.

Step-by-step explanation:

how many 3/8 are in 8?

Answers

Answer:

5? i think i got it wrong

Step-by-step explanation:

Answer:

21.333

Step-by-step explanation:

PLease HELLLPPPPP I NEED HELP

Answers

Answer: I don’t know...... sorry

Step-by-step explanation:

HELPPP PLEASE
a recreation center has a batting cage with a machine that pitches balls to the batter for friends sign up for a 1/2 hour of time in the batting cage if they share the 1/2 hour equal how much of a whole hour will each friend get in the batting cage

Answers

Answer:

7.5 minutes

Step-by-step explanation:

well 30 minutes is 1/2 hour so just take 30 and divide it by 4 to get 7.5 minutes. or 7 minutes 30 seconds.

Multiply (x – 3)(x + 5)

Answers

Answer:

x^2+2x-15 hope it helps

x^2-2x+15

I believe hope this helped !!

1/3 x 2/3, Please help me with this, I am struggling.

Answers

Answer:

2/9

Step-by-step explanation:

i search it up

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