Pablo has $5,483 in a savings account. The interest rate is 5%, compounded annually.

To the nearest cent, how much will he have in 3 years?

(compound interest formu)

Answers

Answer 1

Answer:

$6347.26

Step-by-step explanation:

Given:

Initial amount P = 5483Interest rate r = 5% or 0.05Compound number n = 1Time t = 3 years

Find the total amount in 3 years:

[tex]A = P(1+r/n)^{nt}[/tex][tex]A = 5483*(1+0.05/1)^{1*3}=5483*(1.05)^3 = 6347.26[/tex]
Answer 2

[tex]\tt\red{\overbrace{\underbrace{\tt\color{orange}{ANSWER}}}}[/tex]

Here we've been given,

Principal amount (p) = $5843

Compound number (n) = 1

Rate of Interest (r) = 5% = 5 × 1/100 = 0.05

Time (t) = 3 years

A = ?

The standard formula for Compound interest (C.P) is given by,

[tex]:\implies\tt{A = p( { \frac{1 + r}{n} )}^{n \times t} } \\ \\ \\ :\implies\tt{A = 5483( { \frac{1 + 0.05}{1}) }^{1 \times 3} } \\ \\ \\ :\implies\tt{A = 5483 \times {1.05}^{3} } \\ \\ \\ :\implies\tt{A = 6347.26}[/tex]


Related Questions

.RP.1.3 | JoAnn bought 2 shirts for $13.50 each and a purse for $8.
The sales tax was 6%. What is the total she paid for her
purchase, including tax?

Answers

Answer:

The answer is  $22.79. Hope this helped! If the answer is wrong i'm super sorry!

Step-by-step explanation:

$13.50 + $8 = $21.50

0.06 x 21.50 = $1.29

$1.29 + $21.50 = $22.79

can someone help me

Answers

i believe the answer is 6

Answer:

The answer is 6 cause khan acadamy

Step-by-step explanation:

Please help I’ll mark brainliest

Answers

Answer:

y= 2, x= -1   (-1, 2)

Step-by-step explanation:

y= x + 3

y= -x+1

substitute y= -x+1

-x + 1 = x + 3

isolate x

-x + 1 = x + 3

x + 1 - x = x + 3 - x

After isolating x you'll get x = -1

for y= - x + 1

y= - (-1) + 1

simplify y = 2

solution:

y= 2, x= -1   (-1, 2)

Multiplying radicals. Simplify

Answers

Answer:

9√10

Step-by-step explanation:

3√15 x 6  = √90

3√90 = 3 x √9 x √10

3 √90 = 3 x 3 √10 = 9√10

Please help I don’t understand please!!!

Answers

Answer:

y>5.5

Step-by-step explanation:

4y+3>2y+14

Subtract 2y from both sides.

2y+3>14

Subtract 3 from both sides.

2y>11

Divide 2 by both sides.

y>5.5

-hope it helps

the (y) and mean 1 and you need to multiply al number

PLEASE ANSWER ASAP
Which graph

Answers

Answer:

graph 4

Step-by-step explanation:

Dani spent $6,300 on a used car. She paid $630
as a down payment. What fraction of the orig-
inal cost was the down payment?
A. 1/10
B. 1/18
C. 1/20
D. 1/40

Answers

Answer:

1/10

Step-by-step explanation:

630/6300 = 0.1

0.1*100 = 10

10% a.k.a 1/10

Hope this helped!

6. You are planning a camping trip. The campsite you want to rent charges a $15 fee
to reserve the site, plus an extra $3 per day.
Part I: Define your variables and write a linear equation in slope-intercept form to
represent the cost of the campsite. (4 points)
Part II: Find the y-intercept and interpret it. (2 points)
Part III: Graph the equation for the cost of renting the campsite. Label three
points on your graph and indicate the slope. (4 points) Place the given line on the
graph to represent your equation.

Answers

Answer:

y=3d+15

y intercept is 15

slope is 3

Step-by-step explanation:

to graph start at 15 on the y axis. then go up 3 points and over one point. keep doing this until you have a straight line.

a gardener makes a new circular flower bed. the bed is ten feet in diameter. calculate the circumference and the area of the circular flower bed

Answers

Answer:

10π

Step-by-step explanation:

First, remember the formula for the circumference of a circle is C= 2πr. Then remember that the diameter is twice the radius.

So here, when we have a diameter of 10ft, and we see the formula for circumference is C= 2πr, and because a Diameter is equal to 2 radii, I can also say C= Dπ. So in your case C= 10ft×π = 10ftπ

explain please i dont get it

Answers

Answer:

.........................

......

Can U solve it
plz explain fully !​

Answers

Answer:

(9 ^ 3) x 0.04 (4/99)

Step-by-step explanation:

This seems overwhelming, but after simplifying, it will look much easier

Numerator (First Row)

First, we will combine like terms and simplify the top row

(9 ^ x + 1) x 8 - (9 ^ x - 1) x 81

(9 ^ x + 1) - (9 ^ x - 1) x (8 x 81)

(9 ^ 2x) x 648

Denominator (Second Row)

Next, we can combine like terms and simplify the second row

(9 ^ x) x 66 - (9 ^ x - 2) x 243

(9 ^ x) - (9 ^ x - 2) x (66 x 243)

(9 ^ 2x + 2) x 16,038

Simplify

Our expression is now

(9 ^ 2x) x 648

(9 ^ 2x + 2) x 16,038

We can simplify it as

(9 ^ 3) x 0.04 (4/99)

GUYS PLEASE HELP!!!

Answers

Answer:

C (5,4)

Step-by-step explanation:

(x,y)

fist number in the ordered pair is the X value

Second number in the ordered pair is the Y value

A (-3,0) means you go 3 spaces to the left in the negative direction and zero spaces in the Y axis

B(-2,1) means you go 2 spaces to the left on the x axis (negative) and 1 space up (positive) in the Y axis

C (5,4) means you go 5 spaces to the right on the x axis (positive) and 4 spaces up on the Y axis (positive)

After doing all of these we see that C does not end up on the line

Austin owns a food truck that sells tacos and burritos. He only has enough supplies to make 110 tacos or burritos. He sells each taco for $4.75 and each burrito for $9.50. Austin must sell no less than $760 worth of tacos and burritos each day. If xx represents the number of tacos sold and yy represents the number of burritos sold, write and solve a system of inequalities graphically and determine one possible solution.

Answers

Answer:30 tacos and 70 burritos

Step-by-step explanation:

inequality 1: y≤110−x shade down

inequality 2:y≥80− 1/2x Shade up

Answer (30,70)

Paul has 0.50$ in his pocket. What fraction of a dollar does he have

Answers

Answer:

1/2

Step-by-step explanation:

Answer:

Paul has 1/2 of a dollar.

Step-by-step explanation:

A haft of a dollar is 50 cents since 1 dollar is 100 cents so the fraction simplified would be 1/2 or 50/100.

Darren got 45 out of the 60 questions correct on a test. What percent of the questions did he get correct?

Answers

Answer: To to find the percentage, you simply need to divide 45 by 60:

Step-by-step explanation:

45/60= .75

Move the decimal from the .75 over 2 times which would get you 75% on his test. So he got a 75%

Answer:

75%

Step-by-step explanation:

To find the percentage of questions Darren got correct, first create a fraction.

question's correct/total question's so 45/60

Then, convert the fraction to a percent.

45/60 = 0.75 =75%

So, Darren got 75% of the questions correct.

hope i helped

A machine prints 8 banners in 120 seconds. How many seconds does it take to print one banner?

Answers

Answer:

15 seconds

Step-by-step explanation:

Number of seconds taken to print 8 banners = 120 seconds

Number of seconds taken to print 1 banner will be x seconds

Banners           Seconds

8                         120

1                           x

By cross multiplication, we get

=> 120*1/8 = x seconds

=> 120/8 = 15 seconds

It takes 15 seconds to print one banner.

Hope you got it!!

If there were 24 coins in all, how many more gold coins than copper coins were in the jar?

Answers

Answer: 8 (I think)

Step-by-step explanation:

There are 24 coins in all. 1/2 gold coins and 1/6 copper coins.

1/2 of 24 is 12

1/6 of 24 is 4

12 - 4 = 8

So there are 8 more gold coins than copper.

     

there are 24 coins in all and half of the coins are gold, half of 24 is 12. So since gold is 12, the copper and silver coins share the other half, looking at the chart I’m thinking that the silver coins has 2 more than the copper coins so the silver coin would have 8 and the copper coins would be 4. The question is asking for how many coins gold has than copper so you subtract 12-4 and you would get 8.

So your answer is 8.

I have a system of equations I don’t remember how to do :|

I forgot how to solve this, and I forgot how to find the slope…

Answers

Answer:

  x + y = 3 (infinite solutions)

Step-by-step explanation:

You observe that all of the numbers in the second equation are multiples of 3. When you divide the second equation by 3, it becomes identical to the first equation. The equations are said to be "dependent."

That means both equations graph as the same line, so will intersect at every point on the line. The system of equations has an infinite number of solutions.

_____

Additional comments

There are a number of ways to solve a system of equations. Two methods commonly taught are "substitution" and "elimination". Either one works here.

We can solve the first equation for y by subtracting x from both sides:

  x +y -x = 3 -x

  y = -x +3 . . . . . . simplify

In this form, the slope is the coefficient of x. Here, it is -1.

This expression for y can be substituted into the other equation:

  3x +3(-x +3) = 9

  3x -3x +9 = 9 . . . . . eliminate parentheses

  9 = 9 . . . . . . . . . . . simplify

This is true for all values of x or y. There are an infinite number of solutions.

Answer:

There are infinite numbers of solution.

Step-by-step explanation:

Question :

[tex]\begin{gathered}\begin{gathered}\begin{gathered}\small\begin{cases}\sf{x + y= \bf{3}} \\ \\ \sf{3x + 3y= \bf{9}}\end{cases} \end{gathered}\end{gathered}\end{gathered}[/tex]

Solution :

Solving the question and finding the final answer.

Here,

x + y = 3 . . . (i)3x + 3y = 9 . . . (ii)━━━━━━━━━

Now, from equation (i),

[tex]\twoheadrightarrow{\sf{x + y = 3}} [/tex]

[tex]\twoheadrightarrow{\sf{x = 3 - y}} [/tex]

━━━━━━━━━

Now, putting the value of x in equation (ii)

[tex]\begin{gathered} \qquad{\longrightarrow{\sf{3x + 3y = 9}}} \\ \\ \qquad{\longrightarrow{\sf{3(3 - y) + 3y = 9}}} \\ \\ \qquad{\longrightarrow{\sf{9 - 3y + 3y = 9}}} \\ \\ \qquad{\longrightarrow{\sf{9 - 0 = 9}}} \\ \\ \qquad{\longrightarrow{\sf{9 - 0 = 9}}} \\ \\ \qquad{\longrightarrow{\sf{\underline{\underline{\red{9 = 9}}}}}}\end{gathered}[/tex]

This statement is true for all values of x and y.

So, there are infinite numbers of solution.

[tex]\underline{\rule{220pt}{3pt}}[/tex]

WILL MARK BRAINLIEST IF
- Answer is correct


- Answer is detailed



WILL NOT MARK BRAINLIEST IF:


-Answer contains links


-Answer not detailed


-Answer incorrect



(P.s: must be 2 answers pls)

Thanks

Answers

Answer: 65£40625

Step-by-step explanation:

We know that there are already 150L of oil in the tank. So if we want to fill the tank, we need to add 1250L to fill the rest of the tank. The price of 1L of oil is 80.5p, which can be represented as [tex]\frac{80.5p}{L}[/tex]. If we want to know the price of the remaining 1250L, then we can multiply the denominator by 1250 because that way we can find the cost in p of 1250L. Now if you want to keep the ratio of the original equation to the cost of 1250L equal (or just keeping both expressions equal), then we also have to multiply the numerator by 1250. So, we then get [tex]\frac{(1250)(80.5p)}{(1250)(L)}[/tex]=[tex]\frac{100625p}{1250L}[/tex]. So the cost of 1250L is 100625p.

Now, applying the discount. To apply a discount x to some value y:

x - xy, where x = original value, y = discount.

So, substituting the original value of 100625p for x and the discount 6.5% = 0.065 for y, we get: (100625) - [(100625)(0.065)]. The question, however, doesn't ask for the discounted price, but rather the discount itself, or how much money you save. The expression xy gives us just that.

So, (100625)(0.065) gets us to to 6540.625p = 65£40625.

The First step to this problem is to find how much oil He needs.

In order to do that, we have to subtract 1400 L by 150 L

1400-150=1250

The second step to this problem is to calculate the total price (p) of the Oil that is needed

In order to do that, we have to find the price of the oil per liter which is 80.5p

Take out the P so it won't be hard

80.5x1250=100625p

The third step to this question is to Multiply the number: 100625 by 6.5/100. Given the fact that we convert 6.5% to Fraction

100635x6.5/100= 6541.275p

So, the answer is  6541.275

I hope this helps, if it's wrong plz blame me

Have a nice day (:

Solve for B: 19 (less than or equal too sign) B + 17

Answers

Here you go, the work is on the paper attached

What’s the slope of a line that goes through (0,2)(7,5)

Answers

Answer:

slope = 3/7 or 0.43

Step-by-step explanation:

use the slope(gradient) formula

Megan works at Amazon’s warehouse. She is responsible for packing boxes into trucks for shipment. Each truck can hold 22 boxes, and she needs to ship 539 boxes total.
Megan thinks she can fit all 539 boxes into 24 trucks. Is her estimate correct? Why or why not?

How many trucks will Megan need to pack all 539 boxes? (show work )

Answers

Answer: Her estimate is incorrect because she has to have 25 trucks to be able to ship all her boxes.

Step-by-step explanation: Divide 539 by 22 and if there is a remainder then you need to have one more because you cant take half a truck.

539/22=24.5. Since there is a remainder, you will need 25 trucks total

I need help please:(

Answers

Answer: times

Step-by-step explanation:

change 4700g into kg

Answers

Answer:

4.7 kilograms

Step-by-step explanation:

[ 1000 g = 1 kg ]

Change 4700g into kg,

→ 4700 ÷ 1000

→ 4.7 kg

Answer: 4.7 kg (divide by 1000)

Fred makes $750 a week working 5 days .How much does he make in one day

Answers

Answer:

$150

Step-by-step explanation:

750/5 = 150

Please help me 50 POINTS and BRAINLIEST TO CORRECT ANSWER!!!!!!!

Answers

Answer:

your answer is the last option

Step-by-step explanation:

There is no way to prove what the length for line WU is. You can find the side lengths for VW and VU but not WU. Therefore the last option is the correct answer

The answer is 58 hope this helps

if the interest rate is lower than the inflation rate, what happens for those who put money in a savings account.

Answers

Answer: Savers Lose

Step-by-step explanation: I had this question

if the nth term is 6-2n^2 what is the 4th term?

Answers

Answer:

a₄ = - 26

Step-by-step explanation:

Substitute n = 4 into the nth term formula

a₄ = 6 - 2(4)² = 6 - 2(16) = 6 - 32 = - 26

deposited ​$7,500 into a savings account 5 years ago. The simple interest rate is 2​%. How much money did earn in​ interest?

Answers

Answer:

$750

Step-by-step explanation:

simple interest equation is:

I (interest) = P (principal) x R (interest rate, as a decimal) x T (time, in years)

I = 7500 x .02 x 5

I = 750

Ed is on a road trip. He has already traveled 226 miles and is driving at a rate of 66 miles per hour. Which equation could be used to find how many hours, x, Ed has left in his road trip if he is traveling 638 total miles?

Answers

Answer:

[tex]\purple{\rule{1000pt}{900000pt}} [/tex]

Miles travelled=226Miles to travel=638Speed=66mphHours be x

The equation is

[tex]\\ \sf{:}\Rrightarrow 66x+226=639[/tex]

[tex]\\ \sf{:}\Rrightarrow 66x=413[/tex]

[tex]\\ \sf{:}\Rrightarrow x\approx 6[/tex]

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