Suppose you deposit $7500 $ 7500 in a savings account that has an interest rate of 512%. 5 1 2 % . If the interest is compounded monthly, what will the approximate balance of this savings account be after 3 3 years?

$8842

$7603

$14,424

$37,645

Answers

Answer 1

Answer:

8842

Step-by-step explanation:

Answer 2

The approximate balance of the savings account after 33 years with monthly compounding interest will be approximately $425,632.50.

How to determine what will the approximate balance of this savings account be after 3 3 years

To calculate the approximate balance of the savings account after 33 years with monthly compounding interest, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

Substituting the values into the formula:

A = $7500(1 + 0.0512/12)^(12*33)

Calculating inside the parentheses first:

A = $7500(1 + 0.00427)^(396)

Now, raising to the power:

A ≈ $7500(1.00427)^(396)

Evaluating this expression:

A ≈ $7500 * 56.951

A ≈ $425,632.50

Therefore, the approximate balance of the savings account after 33 years with monthly compounding interest will be approximately $425,632.50.

Learn more about compounding interest at https://brainly.com/question/3989769

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Related Questions

Graph the function f(x)=x^2+4x- 12 on the coordinate plane. (do a, b and c)(explain or show how you know the answer.) (graph down below.)

a) What are the x-intercepts?
(b) What is the y-intercept?
(c) What is the maximum or minimum value?

Answers

9514 1404 393

Answer:

  a) {-6, 2}

  b) -12

  c) minimum: -16

Step-by-step explanation:

I find a graphing calculator to be a big help. Its graph is attached.

__

a) The function can be factored as ...

  f(x) = (x -2)(x +6)

The factors are zero at the x-intercepts: x = 2, x = -6.

__

b) The y-intercept is the function value when x=0. That is the constant in the function. The y-intercept is -12.

__

c) The leading coefficient of the function is positive, so its graph opens upward. The extreme value is a minimum. It is found on the axis of symmetry, at the x-value that is halfway between the x-intercepts: x = (2-6)/2 = -2. The function value there is ...

  f(-2) = (-2-2)(-2+6) = -4(4) = -16

The minimum is f(-2) = -16.

Answer:

I took the test.

A (6, -2)

b (-12)

c  Minimum -16

Step-by-step explanation:

what is the 10 time tables

Answers

Answer:

ugh wdym like 10 20 ,30 40 and so on ....

Answer10 20 30 40 50 60 70 80 90 100 110 120

Step-by-step explanation:

10x1=10

10x2=20

10x3=30

10x4=40

10x5=50

10x6=60

10x7=70

10x8=80

10x9=90

10x10=100

10x11=110

10x12=120

Please answer this ASAP!!!

Answers

Answer:

a) (tri)ABC ~ (tri)CDE

b) AA

Step-by-step explanation:

a) Given in the question (the triangles are similar)

b) AA similarity is found by the vertical angle at <ACB and <DCE and the marked angles at <D and <A.

I need help with this question , 17 - q = 6

Answers

the answer is 11!! :-)

Which expression below is equivalent to 9 - 3(2 - 5x)?
A 3-15x
B 12-30x
C 3+ 15x
D 3+5x

Answers

Answer:

Step-by-step explanation:

9-3(2-5x)

9-6+15x

3+15x

Answer:

C

Step-by-step explanation:

9-3(2-5x)

9-6+15x=

3+15x

Can someone help me. Will Mark brainliest.

Answers

Answer:

The answer is 50.

Hope this helps. sry if it is wrong

What is
3/4
÷
1/8
?
explain your reasoning

Answers

Answer:

6

Step-by-step explanation:

when you divide fractions you can "flip" the second fractions and multiply instead.

So you can do:

3/4 * 8/1 which equals 24/4 which simplifies to 6

Answer:

The answer is 6.

Step-by-step explanation:

If you have to do division with 2 different fractions you have to make them have equal denominators. The way you do this is that you multiply 4 x 2 in order to make the denominator of 3/4 turn into 8 and since the rule is whatever you do to the bottom you have to do to the top 3/4 turns into 6/8 because you multiply 3 x 2. Then you see how many times you can put 1/8 into 6/8. The answer for this is 6. Afterwards in order to make sure your answer is correct you do 1/8 x 6/1, (6). Since 1/8 x 6 is 6/8, your answer is correct.

the figure below shows a 60 foot pole held in place by wires anchored at point B, 40 feet from the base of the pole.

Answers

Answer: A: 21.4

Step-by-step explanation:

For the figure, on the pole where, tower is attached, the measure of side DC is 21.4 feet.

What is right angle triangle property?

In a right angle triangle, the ratio of the opposite side to the adjacent side is equal to the tangent angle between them.

[tex]\thn \theta=\dfrac{b}{a}[/tex]

Here, (a) is the adjacent side, (b) is the opposite side and [tex]\theta[/tex] is the angle made between them.

The height of the pole is 60 foot. Therefore,

[tex]AC=60\rm ft[/tex]

The distance of the wire from the base of the pole is 40 feet. Therefore,

[tex]BC=40\rm ft[/tex]

Therefore, the tangent angle can be given as,

[tex]\tan\angle(ABC)=\dfrac{60}{40}\\\angle(ABC)=\tan^{-1}(1.5)\\\angle(ABC)=56.31^o[/tex]

The angle DBC is half of the angle ABC. Thus,

[tex]\angle(DBC)=\dfrac{56.31}{2}\\\angle(DBC)=28.15^o[/tex]

Now, again in the triangle DBC, the tangent angle can be given as,

[tex]\tan(28.15)=\dfrac{DC}{40}\\DC=21.407\rm ft[/tex]

Hence, on the pole where, tower is attached, the measure of side DC is 21.4 feet.

Learn more about the right angle triangle property here;

https://brainly.com/question/22790996

What is the value of x in the figure shown below?
2.8
2.8
A
96°
53°
2.8
5.4
5.4
D
B

Answers

Answer:

Step-by-step explanation:

∠EAD = ∠CAB = 53°

By Side-angle-side, △EAD is congruent to △CAB

∠E = 96°

∠D = 180-96-53 = 31°

x = 31°

chords with inscribed angles

Answers

Answer:

A:

i) ∠ABC is an inscribed angle

ii) ∠ATC is a central angle

B: ∠ABC = 150/2 = 75°

C: ∠ATC = 150°

so ive been ground for 3 months for a low grade in math what should I do to get un grounded

Answers

Answer:

score a high  grade in another subject

Step-by-step explanation:

Answer:

AAA

Step-by-step explanation:

start filling out math and putting unnecary notes

A student runs 7 km in 2 hours to train for sports. What is the student’s average speed?

Answers

Answer:

Step-by-step explanation:

For every hour said student would've ran 3.5 km/hr

7/2=3.5 kilometers per hour or 3 1/2 kilometers per hour

PLEASE HELP!!!
Find the areas of the trapezoids.

Answers

Answer:

1) A = 48 sq units  2) 42 sq units

Step-by-step explanation:

The formula to find the area of a trapezoid of a trapezoid is A = 1/2(b1+b2)h.

So for number 1, it is stated that the height of each unit is 2. Now let's substitute the variables in the formula with the actual bases and heights. I got A = 1/2(8+4)8, A=6*8, A=48 sq units.

For number 2, each unit also has a height of 2. Let's substitute the variables in the formula again. And we get A = 1/2(10+4)6, A = 7*6, A = 42 sq units.

This is how you find the areas of the trapezoids!

help please i got the last part but not the others

Answers

Expand: (x+5)(x+5)
Multiply: (x^2)(10x)(25)
Distrib. Prop: the same as line before
Multiply: (x^3)(5x^2)(10x^2)(50x)(25x)(125)

The cone and cylinder below have equal surface area

Answers

Answer:

Option B, False

Step-by-step explanation:

Step 1:  Get the surface area formulas for both shapes

Surface Area Formula for Cone:  [tex]A = \pi * r(r + \sqrt{h^{2} + r^{2}})[/tex]

Surface Area Formula for Cylinder:  [tex]A = 2\pi rh+2\pi r^{2}[/tex]

Step 2:  Plug in the values and solve

Cone:  [tex]A = \pi * r(r + \sqrt{(3r)^{2} + r^{2}})[/tex]

Cone:  [tex]A = \pi r^{2} + \pi \sqrt{10}r^{2}[/tex]

Cylinder:  [tex]A = 2\pi r*r+2\pi r^{2}[/tex]

Cylinder:  [tex]A=4 \pi r^{2}[/tex]

Step 3:  Compare

[tex]\pi r^{2} + \pi \sqrt{10}r^{2}\neq 4 \pi r^{2}[/tex]

They are not equal, therefore the answer is False.

Answer:  Option B, False

Answer:

ok so i just took this on a p 3 x and its true i have a screenshot . i got the question wrong it's definitely true .

Step-by-step explanation:

What is the length of the diagonal of the rectangle?

10.625

126.4375

29.75

21.25

Answers

Answer:

Step-by-step explanation:

Use Pythagorean theorem,

Hypotenuse² = base² +altitude²

Diagonal² = 17² + 12.75²

                = 289 +162.5625

               = 451.5625

Diagonal = √451.5625

              = 21.25

Answer:

The answer is 21.25

Step-by-step explanation:

PLEASE HELP ILL MARK U BRAINLIEST!!!!!!!

4 adults and 3 children cost $40 to go to a show. 2 adult and 6 children cost $38 to go to the same show. How much would it be for adults to go to this show. How much would it cost for 2 adults and children?

Answers

Answer:

$7 dollar per adult

$4 dollars per child

two adults and two children would cost $22

Step-by-step explanation:

Determine the measure of angle A

Answers

Step-by-step explanation:

3x+18=4x+2

x= 16

measure of <A = 66°

Which graph represents the solution set of this inequality? 11q +5 ≤ 49

Answers

Answer:

We need to isolate q on one side. 11q+5 <_ 49 Start subtracting 5 from both sides. 11q+5-5 <_ 49 -5 11q < 44 The answer will be B. q < 4.

Step-by-step explanation:

Answer:

the answer is B

Step-by-step explanation:

khan

PLS HELP ME I NEED TO HAND IN ALL MY WORK BY TOMORROW:(

Answers

This is division and addition/multiplication

What is the product?

(3x-6) (2x^2-7x+1)

Answers

Answer: c

Step-by-step explanation:

Edge 2021


How much did movies A and D combined make that week?

Answers

5 combined that week
5 compounded that week

Pls can someone help me ? It’s urgent :((

Answers

Answer:

c.40

Step-by-step explanation:

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

I have a trick for parallelograms and the formula is...[tex]\frac{b*h}{2}[/tex]

Yes the rectangle formula also wrks for parallelograms!!! You just gotta chop one end up and stick it on the other side!

So it is 5*8/2=20

Maria is saving for a scooter that costs $170. She has $54 already. She gets an allowance of $8 each week. How many weeks w will it take for Maria to save at least enough money to buy the scooter? Write an inequality to represent the situation.

Answers

21 weeks and then she will have saved at least enough money to buy it .

If you are given x2 + 11x + 1, what does the expression equal if x=6

Answers

Answer:

79

Step-by-step explanation:

x2 + 11x + 1,

first step substituion

6(2) + 11(6)+ 1

multiply

12+66+1

add like terms

79

Answer:

103

Step-by-step explanation:

find the value of x in each triangle. show your work on a separate piece of paper

Answers

Answer:

125

Step-by-step explanation:

all angles in a triangle add up to 180. you add 100+25=125 180-125=55 to check... 125+55=180 to angles next to each other on a straight line equals 180-55=125 angle x= 125

im pretty sure thats correct i hope this helps!

Pls help with my homework I need help

Answers

Answer:

tan G = 1.6071

Step-by-step explanation:

tan G = 45/28

tan G = 1.6071

Please help I have 30 mins to slove

Answers

Answer:

82

Step-by-step explanation:

Since the sum of the two digits is 10, there are some pairs, such as 46, 64, 28, 82, 55,37, 73. And flip them around and see if the difference between the two numbers is 54. So one example is 82-28=54, so that is the answer. It can't be 28 or 46 because it said less than. I am not good at explaining, but I hope you guys understand. Thank you :D

Solve for all values of x by factoring. x2 – 11x + 5 = -6x + 5​

Answers

Answer:

x = 0,5

Step-by-step explanation:

Factor and set each factor equal to 0.

A line has a slope of 3/5. It passes through the points (1, 2) and ( k, 8). What is the value of k?
A. 7
B. 11
C. 8
D. 15

Answers

Answer:

B. 11

Step-by-step explanation:

Delta y over delta x

(8-2)/(k-1) = 3/5

6/(k-1) =3/5

6 = 3/5k - 3/5

6 3/5 = 3/5k

K = 11

B.11

Is the answer hoped this helped
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