$3000 is invested for a period of 3 years at a rate of 6% compound monthly. What will the balance in the account be at the end of 3 years?

Answers

Answer 1

Answer:

Hence, the total amount of money that the investor would have after 6 years will be $ 536.04 .

Step-by-step explanation

Answer 2

Answer:

Interest = $3573.048

Step-by-step explanation:

Given: $3000 is invested for a period of 3 years at a rate of 6% compound monthly. What will the balance in the account be at the end of 3 years?

The formula to compound interest is:

I = P(1 + R)^T

First, put in the terms:

I = $3000(1 + 6%)^3

Then calculate:

I = $3000(1 + [tex]\frac{6}{100}[/tex])^3

I = $3000(1 + 0.06)^3

I = $3000(1.06)^3, 1.06^3 = 1.191016

I = $3000 x 1.191016

I = $3573.048


Related Questions


If x = 2 and y = 5, evaluate the following expression:
100 – 3(3y – 4x)​

Answers

Answer:

Step-by-step explanation:

100-3(3(5)-4(2)

100-3(15-8)

100-3(7)

100-21

79

1) James deposited $4,000 into an account. He made
no additional deposits or withdrawals. James earned
5.75% annual simple interest on the money in the
account.
What was the balance in dollars and cents in James
account at the end of 5 years?

Answers

Answer:

$5150

Step-by-step explanation:

Given data

Principal=$4000

Rate=5.75%

Time= 5 years

The expression for the balance on  simple interest is

A=P(1+rt)

substitute

A=4000(1+0.0575*5)

A=4000(1+0.2875)

A=4000X(1.2875)

A=$5150

Hence the  balance is $5150

Find the missing value here.

Answers

Answer:

The value of x is 6.66

Step-by-step explanation:

For answer refer to the attachment

Related Information :-

There are 4 similarity conditions,

SAS ( side angle side )AAS ( angle angle side )SSS ( side side side )AAA ( angle angle angle)

Jane goes to H&M for some Fall clothes. She finds a scarf for $24.99, a shirt for $35.50, and a pair of jeans for $67.85. If H&M was having a Fall Day sale where everything was 35% off, how much did Jane spend at H&M?

Answers

Answer: $75.92

Step-by-step explanation:

pls mark me branliest

the diagram shows a right angle triangle..

Answers

Area of triangle = base x height x 1/2

18 = (x - 1) • (x + 4) • 1/2

18 • 2 = (x - 1) • (x + 4)

36 = (x - 1)(x + 4)

36 = (x² + 4x - 1x - 4)

36 = x² + 3x - 4

0 = x² + 3x - 4 - 36

x² + 3x - 40 = 0

(x + 8)(x - 5) = 0

x + 8 = 0 or x - 5 = 0

x = -8 or x = 5

“-8” is rejected, as length/width/height can’t be negative.


The length of the shortest side the triangle:

Short side = x - 1

= 5 - 1

= 4

Donna bought 3 bags of dog treats for $6.93. What is the cost per bag of dog treats?

Answers

Answer:$20.79

Step-by-step explanation:

Dilate Point B by a scale factor of 1/2

Answers

Answer:

( -1.5 , 1 )

Step-by-step explanation:

Hello There!

When dilating a point we divide or multiply the coordinates by whatever the scale factor is

Because the scale factor is 1/2 we just have to divide the coordinates of point B by 2

Preimage coordinates - ( -3 , 2 )

-3/2=-1.5 or -3/5

2/2=1

Dilated image coordinates ( -1.5 , 1 )

In order to graph a system of linear equations, I need my equations to be in what
form?

Answers

Answer: y= mx+b form

-5 = Зу-14
Please help

Answers

Answer: 3

Step-by-step explanation:

-5 = 3y - 14

-5 + 14 = 3y -14 + 14

9 = 3y

9/3 = 3y/3

3 = y

Answer:

-5 = 3y-14

+14      +14

----------------

9 = 3y

--    ---

3     3

3 = y

Step-by-step explanation:

17.2(20+45)-3/4 (12)

Answers

Answer:

17•2×65 - 3/4×12

1118 - 36/4

1118 - 9

1109

Answer:

1109

Step-by-step explanation:

I put it here, cause didnt see the answer box until now,

but, this is the answer

Which choice is the equivalent to the fraction below when x is an appropriate value?

Answers

I can’t really see the screen it is kind of hard to see

What’s the process for the lattice step by step?

Answers

First, draw a rectangle and draw 3 lines going vertically. Then, draw the diagonal lines and write the 4 digit number you are multiplying with the 1 digit number on top of the table and multiply, when you are done multiplying, add the numbers vertically. Finally, you have your answer.

8. In AABC, mC = 90° and sin A =
What is m angle B in degrees?
A. 30°
B. 45°
C. 60°
D. There is not enough information to determine.

Answers

Answer:

C

Step-by-step explanation:

The degrees of a triangle add up to 180.

Angle C is already 90 degrees therefore angle A + angle B = 90 degrees.

Angle A is equal to sinA=1/2.

sinA=1/2 is equal to 30 degrees if you press 2nd, sin (1/2) into the calculator. You may also know this if you have memorized the values of trig.

90-30=60.

That leaves you with 60 degrees for angle B.

help me please and thank you

Answers

Answer:

The answer is A, B, and C.

Step-by-step explanation:

All the others are on the wrong side of the graph.

The midpoint between y and 31= -5
What is y

Giving 10pts

Answers

Answer:

this question doesnt have a solution it makes no sense

Step-by-step explanation:

-39- 7 hep me plz d and ty

Answers

Answer:

-46

Step-by-step explanation:

Ariana wants to ride her bicycle 37 miles this week. She has already ridden 14 miles. If she rides for 5 more days, write and solve an equation which can be used to determine xx, the average number of miles she would have to ride each day to meet her goal.

Answers

Answer:

4.6 miles for 5 days.

Step-by-step explanation:

37 - 14 = 23

23 divided by 5 = 4.6

Can someone help me asap

Answers

Answer:

1) 4

2) 5

3) -23

4) 8

5) 7

6) -64

7) -10

8) 19

9) 9

10) -56

Answer:

1) = -4

2) = 5

3) = 17

4) = 8

5) = 7

6) = -64

7) = -10

8) = 19

9) = 9

10) = -56

Step-by-step explanation:

1) (-4 + 2)^2 = -2^2 = -4

2) 25 / (9 - 4) = 25 / 5 = 5

3) 4 * 5 - 3 = 20 - 3 = 17

4) 2(2 + 2) = 2 * 4 = 8

5) (-10 + 5) / 5 + 8 = -5 / 5 + 8 = -1 + 8 = 7

6) (-3 - 1)^3 = -4^3 = -64

7) 5(5 - 7) = 5 * -2 = -10

8) 2 * 7 + 5 = 14 + 5 = 19

9) (5 * 3 + 3) / 2 = (15 + 3) / 2 = 18 / 2 = 9

10) 8(-1 - 6) = 8 * -7 = -56

At a local print shop, 12 copies can be made for $3. At this rate, how much would it cost to make 84 copies? Fill out the table of equivalent ratios until you have found the value of x

Answers

I'm here to get some points very sorry have a nice day

PLZZZZZZZZ HEALPPPPPP

Answers

Answer:

that looks hard but im thinking its 5-w

Which of these best desrcibes the harlem renaisscane

Answers

Answer:

A neighborhood in New York City with a large African American community

Step-by-step explanation:

i don't know

Answer:

An area of Long Island that produced some of the greatest bits of American culture.

Which is the BEST example of a domain-specific​

Answers

Answer:

Example 2:

Step-by-step explanation:

The domain is the set of x -coordinates, {0,1,2} , and the range is the set of y -coordinates, {7,8,9,10} . Note that the domain elements 1 and 2 are associated with more than one range elements, so this is not a function.

{45x+6y=15-x+18y=11 is..........................

Answers

Answer:

Step-by-step explanation:

45x+6y=15

-x+18y = 11

let's use elimination, the other way is by substitution,  either way works but, it looks to me like elimination would be easy with the  'y'

3(45x+6y=15)

135x + 18y = 45 ( subtract  2nd eq.  from 1st )

-( -x+18y = 11 )

136x +0y =34

x = 34 /136

x = 1 /4

there is X

plug that back into either of the 1st or 2nd equations to solve for y

- 1/4 + 18 y = 11

18y = 11 1/4

18y = 45/4

y = 45/4 *  1/18

y = 45/ 72

the fractions seem  "difficult"  but that's just what the given problem finds

sent a message if you don't "get it"    :)

Ruth wants to put a birdseed mix in her birdfeeder. The mix is 30% wild bird seed and 70% sunflower seed. Her birdfeeder can hold 8 cups of birdseed. How many cups of the mix will be wild bird seed?

Answers

Answer:

2.4 of the cups

Step-by-step explanation:

30% of 8 = 2.4

70% of 8 = 5.6

30% + 70% = 100%

2.4 + 5.6 = 8

Determine the slope of a line that passes through the following points.
(3,4), (5,7)

Answers

3.4 bc t itciyc txutxutxytxutciyxitxutcutcutcutx tx txt it

Answer:

6/4 and can be simplified as 3/2

Step-by-step explanation:

Divide. Write your answer in simplest form.
7
— /8
6

Answers

Answer:

7/64

Step-by-step explanation:

7/6÷8=7/6*1/8=7/64

Hope this helps :)

This is due in 6 minutes please help

Answers

Answer:

f(x)=-2x^2+32x-114

Step-by-step explanation:

Answer:

f(x) = -2x^2 + 142

Step-by-step explanation:

f(x) = -2(x - 8)^2 + 14

f(x) = -2(x)^2 - (-2)(-8)^2 + 14

f(x) = -2x^2 - (-2)(64) + 14

f(x) = -2x^2 - (-128) + 14

f(x) = -2x^2 + 128 + 14

f(x) = -2x^2 + 142

What is the location of the point on the number line that is ą of the way from
A = 5 to B = 23?
A. 7
B. 8
C. 10
D. 9

Answers

Answer: B

Step-by-step explanation:

~I NEED HELP 7 points!!!~

Answers

Answer:

Yes

Step-by-step explanation:

If i got it wrong my bad

Answer:

Yes. ( I don't know if they want the answer I'm thinking ). : )

Step-by-step explanation:

y= -3x + 1

y + 5 = -3(x + 2)
are thes perpendicular or paralell

Answers

Answer:

Parallel

Step-by-step explanation:

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