Esha is seeking to invest for college. She selects an account with a compound interest rate of 2% per year. If she initially deposits $7,000, then how much will her investment be worth at the end of 5 years?

Answers

Answer 1

Answer:

$7700

Step-by-step explanation:

Given data

Rate= 2%

Principal= $7000

Time= 5 years

The simple interest expression is

A=P(1+rt)

substitute

A=7000(1+0.02*5)

A=7000(1+0.1)

A=7000*1.1

A=7700

Hence the amount is $7700


Related Questions

not sure about this one

Answers

Answer:

last one

Step-by-step explanation:

If you purchased 450 shares of Apple stock 3 years ago for $112.30 per share and you paid 4%
commission for the purchase. How much was the total purchase cost you?

Answers

Answer: $52556.40

Step-by-step explanation:

Price per share = $112.30

Number of shares = 450

Cost of the shares = 450 × $112.30 = $50535

Since there is a 4% commission, the total cost of the purchase will be:

= $50535 + (4% × $50535)

= $50535 + (0.04 × $50535)

= $50535 + $2021.40

= $52556.40

you want to insert a fill color into a worksheet. what is the first step . Plzz help I’m literally stuck

Answers

you forgot to attach an image!! please repost.
can you make another one showing us the pic pls?

(HELP NEEDED ASAP Will give brainliest) What is the lateral surface area?
(all square inches)
80
86
60
92

Answers

the answer is 92 square inches

Answer:

80

Step-by-step explanation:

Area of latera = 3 bh = 10X3 +10x2.5 +2.5x10 = 30+25+25 = 80

b/c the 2 lines are equal

pls help me fastttt

Answers

Answer:

its D

Step-by-step explanation:

mark the brainiest

ABCD is a rectangle with angleBAC =32 and find angleDBC

Answers

Answer:

Angle BAC= Angle DBC ( vertically opposite angels are equal)

Therefore, Angle DBC = 32 degree

Step-by-step explanation:

I hope it is correct.

need help ASAP, please

Answers

Answer:

1) D. 343.17

2) C but not sure

Step-by-step explanation:

1) area of triangle is 1/2* base* height= 1/2*18*24 = 216ft²

area of circle is πr²

area of semicircle is πr²/2

diameter=18

radius= 18/2=9

πr²/2 = (22/7* 9*9) / 2

=127.2 (approx)

total area = 127.2+ 216= 343.2

2) I dont know...I think C

What is lifetime cap?

Answers

Answer:

What is a life cap?

A life cap, or lifetime cap or rate cap, is the maximum amount that a borrower’s interest rate can increase over the term of the loan. The life cap represents either a total absolute rate or percentage change in the rate.

Deeper definition

Adjustable-rate mortgages (ARMs) usually come with a series of caps that limit how much interest can be charged to the borrower after the fixed-interest period ends. The initial adjustment cap limits the change in interest for the first time rates are adjusted, and there are subsequent, or periodic, interest caps to cover upcoming changes in the interest rate.

Life caps limit how much interest the lender can charge over the term of the entire term. Usually expressed as an absolute percentage, or a change in percentage, life caps may differ between lenders but should be spelled out in the loan agreement.

Lifetime caps represent the highest rate at which interest can be charged. However, ARM interest rates can actually decrease after the fixed-interest period. Additionally, lifetime caps don’t affect other costslike transaction and late fees, which are factored along with the interest rate into the annual percentage rate (APR).

Wondering how a life cap will affect your payments? Use Bankrate’s mortgage calculator to find out how much you’ll owe.

Life cap example

James acquired a loan from a bank with 7 percent as the initial interest rate. The bank allows adjustments every three months, but has a life cap of 3 percent. Therefore, the maximum interest rate Jack will ever have to pay is 10 percent.

There you go

Answer: A) A limit on how much an ARM's interest rate can change over the

life of a mortgage.

Step-by-step explanation: took the quiz.

What is the following product

Answers

Answer:

6 (square root )432 (option 3)

Step-by-step explanation:

Answer:

Step-by-step explanation:

⁶√(432)

what is the equivalent expression of 12d4

Answers

Answer:

2 same as question

Step-by-step explanation:

Graph a line with a slope of 3/4 that contains the point (2,-3).​

Answers

Answer:

Start at the y-intercept (0, -4.5) and then use rise over run (Up 3 and right 4)

Step-by-step explanation:

y - y1 = m(x - x1)

y + 3 = 3/4(x - 2)

y + 3 = 3/4x - 3/2

y = 3/4x - 9/2

Misty owes the bank $32. She gets $45 for her birthday and deposits it into her account. How much does she
now have in the bank?

Answers

Answer:

she has 13 dollars left

Step-by-step explanation:

simple math of subtraction. 45 - 32 = 13

13 goes into her account after paying her debt to the bank

PLS ANSWER FAST 15POINTS ❗️❗️❗️❗️❗️❗️

Answers

Answer:

300 cubic meters

Step-by-step explanation:

Volume of a Rectangular pyramid:

V = (lwh)/3

Given:

l = 10

w = 10

h = 9

Work:

V = (lwh)/3

V = (10 * 10 * 9)/3

V = 900/3

V = 300

Answer:

300m^3

Step-by-step explanation:

edge 2020

p.s. pls mark brainliest, and have a good day! :)

What is the perimeter of this trapezoid?

Answers

first find the length of the larger base. Then, find the sum of all of the sides.

find the probability that the pitcher will throw exactly 4 pitches ​

Answers

Answer:

[tex]\frac{3}{20}[/tex] = 0.15

Step-by-step explanation:

15 + 20 + 40 + 15 + 10 = 100

[tex]\frac{15}{100} = \frac{3}{20}[/tex] = 0.15

3s+2t−3 =c
−7s−5t =4

Answers

Answer:

c=

−4

3

s−t+

−4

3

Step-by-step explanation:

Let's solve for c.

3s+2t−3c−7s−5t=4

Step 1: Add 4s to both sides.

−3c−4s−3t+4s=4+4s

−3c−3t=4s+4

Step 2: Add 3t to both sides.

−3c−3t+3t=4s+4+3t

−3c=4s+3t+4

Step 3: Divide both sides by -3.

−3c

−3

=

4s+3t+4

−3

c=

−4

3

s−t+

−4

3

What is the surface area of the cone? Express your answer in terms of π.

Answers

Answer:

surface area of a cone = 132.935πft

Step-by-step explanation:

to find the surface area of a cone

given that

radius = 5ft

height of cone = 21ft

recall that the formulae for finding the surface area of a cone = πr( r + √ h² + r²)

so,

surface area of a cone = πr( r + √ h² + r²)

surface area of a cone = π x 5( 5 + √ 21² + 5²)

surface area of a cone = 5π ( 5 + √ 441 + 25)

surface area of a cone = 5π( 5 + 21.587)

surface area of a cone = 5π (26.587)

surface area of a cone = 132.935πft

Answer:

If you want just the area of the circle (the surface area) then it is 78.5

Step-by-step explanation:

radius=5

[tex]5^{2} =25[/tex]

π=3.14

25×3.14= 78.5

y=kx k=-4 and x= 5/6. find the value of y

Answers

Answer: y= 13

Heart if it helped

Brain if im cool

What are the coordinates of the image of the point after a dilation by a scale factor of 3 with the origin as the center of dilation, followed by a translation over the -axis?

Answers

Answer:

Step-by-step explanation:

3x

Question 2: Calculate the surface area of this net (remember to include your unit of
measure which is always squared with area)
3"
3"
3"
3"
3"
3"
3"
Answer Section:

Answers

Answer:

2,187

Step-by-step explanation:

If you multiply the 3s together it is 9 to the power of 3 x3 so it would be 729x3

This equals 2,187

(x² + 6x − 16)(x − 2) = ax³ + bx² + cx + d

What is the value of c/b?

Select one:
A. 8
B. 7
C. -7
D. -8

Answers

B is the right answer to this question

el numero que exede a n en 18​

Answers

Answer:

Pero que numero es n?

Step-by-step explanation:

DeAndre
drinks 15 ounces of water, which is 3/5
of his bottle.

Write an equation to represent the total amount of water
in DeAndre's bottle? Some one please help!

Answers

Answer:

25 ounces of water

The hanger image below represents a balanced equation.
Write an equation to represent the image.

Answers

Answer:

there is no image

Step-by-step explanation:

Theres no image.........

Kylie and her three friends equally divided the cost to rent a movie for $4 and order sandwiches for a total of $15. They also have a coupon for $3 off the sandwiches. Evaluate to find the cost each person will pay.
Also the first person to answer gets brainlest :)

Answers

Answer:

4

Step-by-step explanation:

4+15-3=16 (the total amount plus coupon)

16/4=4 (divided by 4 to find out how much each friend pays)

What is the greatest common factor of 36x^3-
9x² +18zy^2??

Answers

Answer:

9.

Step-by-step explanation:

The GCF of 36, 9 and 18 = 9

The GCF of x^3, x^2 and zy^2 = 1

So the answer is 9 * 1.

Answer:

9

Step-by-step explanation:

i

pls help me get this answer I need it quick

Answers

Answer: 6

Step-by-step explanation:

Pythagorean Theorem

Answer:

6

Step-by-step explanation:

the 2 shortest legs squared and added together is the same as the longest leg squared

100-64=36 ([tex]10^{2}[/tex]-[tex]8^{2}[/tex]=36)

[tex]\sqrt{36}[/tex] is 6 (36÷6=6)

the equations are in parentheses and bolded, italicized, and underlined

hope this helps

Solve each problem and answer the question.plz help me

Answers

the first one???????????

The measure of two angles of a triangle are 45 and 50. What is the measure of the third angle?
A) 45
B) 75
C) 85
D) 95

Answers

Answer:

C) 85

Step-by-step explanation:

45+50=95

180-95=85

which statements are true select each correct answer​

Answers

The first and the second one are true statements.
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