*15 POINTS* Laura goes to a bank and opens a new account. She deposits $5,500. The bank pays 1.6% interest compounded annually on this account. Laura makes no additional deposits or withdrawals. Which amount is the closest to the account balance at the end of 4 years? $5,852.00 $5,860.53 $5,940.00 $5,954.31

Answers

Answer 1

Answer:

A) 5,852.00

Step-by-step explanation:

I=prt. I=(5,500)(0.016)(4) I=352.00 => 352+5,500=5,852

Answer 2

The  amount is the closest to the account balance at the end of 4 years should be considered as the $5,860.53.

Calculation of the amount:

Since the deposited amount is $5,500

The interest rate is 1.6%

And, the time period is 6 years

So, here the amount at the end of 4 years should be

= [tex]$5,500 \times (1 + 1.6\%)^{4[/tex]

= $5,860.53

Hence, the second option is correct.

learn more about interest rate here: https://brainly.com/question/24002393


Related Questions

which of the following expressions is positive for any value of a: a^2+4,(a+8)^2, 5a^2+2,a+13,(a-4)^2+4,(a+10)^2-1

Answers

Answer:

I am not sure this is a real math equation

Step-by-step explanation:

There is no way to answer this. No elimination or substitution method would solve this. Sorry.

Plz answer. What is the sum? 3x^2-2x-1/x-5 + -2x^2+x-5/x-5

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Answer:

It is D, trust me because Doge said so.

Step-by-step explanation:

I NEED HELP ASAP !! Determine how the next term in each sequence can be found. Then find the next to terms in the sequence.

Answers

Answer:

Add 2.4 each time to find the next terms

Next Terms

11.1, 13.5, 15.9

Step-by-step explanation:

8.7 + 2.4  = 11.1

11.1 + 2.4 = 13.5

13.5 + 2.4 = 15.9

Answer:

They are adding 2.4, the next term would be 11.1

Step-by-step explanation:

adding 2.4 would get this answer

Help I'll give brainiest.

A fabric store is having a 25% off sale, Luisa has a gift card for $10 off her total purchase. The function f(x) = 0.75x - 10 represents the final cost of an x-dollar item after the discount and gift card are applied. Complete the table to determine the missing original prices and final cost of items A, B, C. D.

A $20 $???

B $??? $14

C $60 $???

D $??? $59

Answers

Answer:

See missing answers bold

$20 original = $5 final paid           as $15 was s/p before -10 was added

$30 original = $14 final price        as $24 was s/p before -10 was added

$60 original = $35  final price    as $45 was s/p before -10 was added

$92 original  = $69 final price       as $59  was s/p before -10 was added  

Step-by-step explanation:

Ans in bold  

A) = f(x) = 20(0.75) -10 =  15 - 10  = $5                 = £5 final paid

B)= f(x)  30 (0.75) = 24 - 10 = 14                           = $30 original price

C)  = f(x) = 60(0.75) -10 = 45 -10 = $35               = $35 final price

D)     = f(x) = 92 (75) = 69 -10 = $59                    = $92 original price

In 2015, a person working in the United States paid 10%income tax for income up to $9225. Income between $9226 and $37,450 was taxed at 15%.
Suppose John earns $9225. How much of his earnings does John take home after taxes?

Answers

answer:  he will take $8302.5 home with him!!

8302.5 is the answer AHHA

What is the lateral Surface Area rounded to the nearest hundredth?

Answers

Pretty sure it’s 109.96

Answer:

109.96

Step-by-step explanation:

Brainly plz help only three questions and don't answer for point kinda rude

Answers

Answer:

look down

Step-by-step explanation:

(8) no because 3.5*6.5=22.75 and that is over 20 square feet

(9) 34-19-7 * 17/2 = 17*17/2=144.5cm^2

(10) 4*6/2=12 so 1 can but if we are talking technical here it is 3/25

The questions are a bit broad so these might be incorrect

ASAP IT HAS TO BE DONE BY 5:00pm!!!

Answers

Ok I will help you but can you tell me how to ha so a tutor

Please answer show all your work or tell me the steps
choose any question to do or do all of them i dont care

1. The original cost of an item is $64 but you have to pay $78.08. What is the percent markup.?

2. If sales tax rate is 7% how much would you pay for an item that is $23.36

3.If the sales tax rate is 8.25% how much would you pay for an item that is $24.00

4.Original value:140 New value:98 what is the percent change

5. an item priced $30.82 is on sale for a 15% off. What is the sale price of the item

6. if the sales tax rate is 7.6%, how much will you pay on a $330 item

7. a $129 item is marked up 20% how much is the markup

8.four friends go out to eat and their meal costs $86.50. The sales tax is 6.75% and they should tip the waiter 20% how much should each person pay to the nearest cent

9.original cost: $35 new cost: $38.22
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Answers

Answer: for the first one it is 22 percent

Step-by-step explanation: first I found out that 14.08 is In-between 64 and 78.08 . Then I devided 14.08 by 64 so I got 0.22 then i made that a percentage by multiplying it by 10. So the answer is 22 percent. Please mark me brainiest.

I did it on the other one but here is the full explanation

The second one is $25 because 23.36 times 7% equals 1.36 then add 23.36 and 1.36 and you get $25

Now can you help meeeeeeeee

Answers

Answer: 1-27 2-8  3-9  4-32

Step-by-step explanation:

8 x4 = 32 and 9x3 =27

Please please find the area for this polygon!

Answers

Answer:

508

Step-by-step explanation:

28*16= 448

6*6= 36

4*6= 24

448+36+24= 508

In order to find the area of a polygon, all you have to do is follow the formula: area = 1/2 x perimeter c apothem. To sum it together, perimeter = the sum of the lengths of all the sides. So add 6, 16, 16, 6, 4, 6, 28, and 18! And then you have 100! Then multiply it by 1/2! So your answer should be 50. Please consider brainliest.

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Answers

Y=mx+b
M=slope
B=y-intercept
So...
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Answers

D=60
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CER=130

(X=30)
The first is 60 ! Good luck

Question 1.................

Answers

Answer:

123.5  tho u might wanna recheck

Step-by-step explanation:

I think 123.5 I am not 100% sure though

Use the method of your choice to determine the following probability.

Drawing three twos in a row from a standard deck of cards when the drawn card is not returned to the deck each time.

Answers

Can you please explain?

4/52 x 3/51 x 2/50 there ya go

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Answers

X-40 remains the same

What is the diameter of a circle with radius 8.6 cm?

Answers

Answer:

17.2 cm

Step-by-step explanation:

Multiply the radius by 2 and you always have the diameter

divide the diameter by 2 for the radius

multiply the diameter by 3.14 or pi for the circumference

17.2 bcs by using the formula d=2r

PLEASE ANSWER!!!!!!
The semicircle below has a diameter of 20. Find the area of the blue region.

Answers

Answer:

61

Step-by-step explanation:

Use the area of semicircle minus the area of the triangle. Area of the semicircle is 10^2 * pi / 2 = 50 pi, the area of the triangle is 12*16/ 2 = 96. The the area for the blue part is 50 pi - 96 = 61.07963268 or 61.

If it is helpful, plz give me Brainliest.

Answer:

50pi - 96

Step-by-step explanation:

The radius of the semicircle is 10, so the area of the entire semicircle is 1.2*10^2 pi = 50pi

The white triangle has an area of 1/2*12*16 = 96 so subtracting it shows that the blue area is 50pi-96

plsss help ASAP thxs

Answers

Answer:

A 37

Step-by-step explanation:

A.) 37 square feet
do the area of the triangle, then the area of the rectangle, then add the 2

ASAP
Elsa has scored 16, 29, and 21 points and her three games so far how many points does she need to score in her next game so that her average (mean) is 22 points per game.

Answers

Answer:

22

Step-by-step explanation:

her average is already 22 so she needs to score 22 points for it to stay the same

Please help will mark brainliest! random answers will be reported

Answers

Answer:

65°

Step-by-step explanation:

the angle of a straight line has to add up to 180°

if it doesn't, it's not a straight line

115° and x are supplementary angles

meaning we know they have to add up to 180°

so simply subtract

180- 115 =

65°

you can check work by adding

115+65= 180

Answer: 65

180-115=65

Step-by-step explanation:

A straight line is always 180 so I subtracted 115 from 180.

Have a nice day. :-)

Can someone Solve this for me real quick?
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Answers

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6x=24
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Enter your answer as a decimal in the box.

Answers

Answer:

.2

Step-by-step explanation:

If you multiply 2.5 x .2 you get .5 meaning .2 is the scale factor

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Answers

Group A is the answer

Answer:

B Group A has the lovvest IQR

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will give brainiest

Answers

no it isn’t equivalent
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Plz help me!!!!!!!!!!!

Answers

Answer:

1. B

2.D

3.A

4.C

Step-by-step explanation:

Brainlist plz

1=94 square inches
2=96 square inches
3=76 square inches
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a.) Find the length of the rectangle in terms of k.
b.) What is the perimeter of the rectangle in terms of k?
c.) If k = 6, find the perimeter of the rectangle.

Answers

Answer:

i don't know i just need the points.

Step-by-step explanation:

Answer:

4 answer c

Step-by-step explanation:

i am truthfull

Arwa is playing 'Guess my number'. Arwa says: 'If I add 0.4 to my number, divide the answer by 8, then multiply that answer by 9, I get 0.9.' What is Arwa's number?

Answers

0.4 is the answer because you if you work backwards and use inverse operations you get 0.4.
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what are the factors of this expression, 5(4x + 2) ÷ 7y

crown for who gets it correct

Answers

Answer:

10(2x+1) / 7y

the / represents that this is put as a fraction

HELP ASAP WILL GIVE BRAINLIEST! ANSWER ALL AND TELL ME WHAT ANSWER FOR WHAT QUESTION OR YOU WILL GET REPORTED.

Answers

Answer: 12 cm

Step-by-step explanation:

7. 3cm
8. B
9. D
10. 3.38 or 36
Sorry if they’re wrong I did it supper fast
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