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


helpppp please will give brainliest!!

Answers

All I can say is that the slope is 1/5

Answer:

Same thing as my last answer, but with a different graph.

Step-by-step explanation:

You know a point. X = 10 and y=40

by this definition you can without the hassle, know to divide both values by 10 to get the lowest numbers possible. y= 4x

using that, data of the slope, try and answer the question (follow my guides from last time ;) )

Hope This Helps :)

I need help on this, please.

Answers

Answer:

1=d

2= i

3=b

4=f

Step-by-step explanation:

I just found the equations for each line and matched it

La mamá de Cornelio va a repartir un pastel entre él y sus 5 amigos ¿Qué cantidad de pastel le tocará a cada quién?

Answers

Answer:

each will get 1 peace.  Cada uno le tocara un pedaso

Step-by-step explanation:

Solve the following equation:
1/3(y - 2) -5/6 (y + 1) =3/ 4(0 - 3) - 2

Answers

Answer:

11/5

Step-by-step explanation:

If you need help with more problems like this you can use m a t h w a y. (remove the spaces)  :)

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

I WILL GIVE BRAINLIST

In the diagram below, ∠1
and ∠2
are complementary. If the measure of ∠1
is 25°, what is the measure of ∠3 ?

A
65°
B
115°
C
155°
D
105°

Answers

C I think pretty sure tho

Please help me ASAP please

Answers

Answer:

the bottom is kinda blurry

please heLP I dont know any of this sadly.

Answers

Answer:

D

Step-by-step explanation:

pi = 3.14

r = 3

3.14 x 3x^2

= 28.26x^2

The answer :

the last one

Step-by-step explanation:

diameter = 6x so radius = 3x

3.14 * 3x * 3x = 28.26 x

Tony owes Tina 40p.
Then Tina borrows 50p from Tony.
Later Tony gives Tina 60p.
Who has to pay what to whom to
square things up?
nswer
I need to answer this challenge

Answers

Tina needs to pay Tony 70p still


PLEASE HELP ME THESE ARE MY LAST POINTS PLEASEEE





Sam is needing to make copies of a flyer for his new business. Store W charges $5 for unlimited copies and store Z charges $0.20 per copy and $2 for using the machine.

How many copies makes both stores cost the same amounts?

Answers

about 16 copies cost the same amounts

Answer:

I believe it would be 15 copies.

Step-by-step explanation:

Store W gives you unlimited copies for 5 dollars, so the number of copies doesn't matter for store W, they do not affect the cost. So, you will have to find how many copies from store Z will cost 5 dollars. Now, it tells you store Z charges 2 dollars for the use of the machine, so you can go ahead and subtract 2 from 5 (total amount to make it equal). That being done leaves you with 3 dollars for the copies themselves, it tells you each copy costs $.20. So, now all you have to do is divide 3 by 0.20, which gives you 15.

Evaluate the following expression. What is the answer?
-8 x (-10) - 7 x 1/-1

Answers

Answer:

log (8)

log 13 (28)

log (1/2)

Step-by-step explanation:

PLEASE HELP ME WITH THIS QUESTION!

Answers

Answer:

C

Step-by-step explanation:

just fill in the x

ex. y=0.5x+14

     y=0.5(5)+14

     y=2.5+14

     y=16.5

     

In a department store a desk costs £120. In a sale the price in reduced by 10%. How much is the desk reduced by

Answers

Answer:

£12

Step-by-step explanation:

£120 ×10/100

= £12.

That is the answer. Good luck

Jenna did 5 sit-ups on Saturday, 7 sit-ups on Sunday, 10 sit-ups on Monday, 14 sit-ups on Tuesday, and 19 sit-ups on Wednesday. If this pattern continues, how many sit-ups will Jenna do on Thursday?

Answers

the answer is 25 as the numbers are consecutively being added. so on monday they did 5 and on sunday they did 7 (7-5=2) on sunday they did 7 and on monday they did 10 (10-7=3) and on monday they did 10 and on tuesday they did 14 (14-10=4)

Will mark brainliest and give 11 points if you give explanation

Answers

Answer:

both A and E

Step-by-step explanation:

because most of 70% of the water is sea salt and clean water comes from frozen underground.

Chau and Yoko each opened a savings account today. Chau opened his account with a starting amount of $460, and he is going to put in $60 per month. Yoko opened her account with a starting amount of $530, and she is going to put in $50 per month.
Let x be the number of months after today.

(a) For each account, write an expression for the amount of money in the account after x months.

Amount of money in Chau's account (In dollars) =

Amount of money in Yoko's account (in dollars) =

(b) Write an equation to show when the two accounts would have the same amount of money.

Answers

Answer:

A1-60x+460

A2-50x+530

B-60x7+460

50x7+530

Step-by-step explanation:

A1 and A2-since x is equivalent to number of months we multiply the number of months then add it to the original cost to get how much total you get in the account.

B-you add 50 to 530 and 60 to 460 until they equal the same amount in this case its 7 times.

Find the volume of the prism.
5 ft
3 ft
5 ft
4 ft

Answers

Answer:

you have to show the prism

I think it’s 300 cubed ft

Book club A charges $20 for membership and $2 per book rental. Book club B charges $10 for membership and $3 per book rental. For how many movie rentals will the cost be the same at both book clubs? What does that cost?

Answers

Given:

Book club A charges $20 for membership and $2 per book rental.

Book club B charges $10 for membership and $3 per book rental.

To find:

The number of books for which the cost be the same at both book clubs.

Solution:

Let x be the number of books.

Book club A charges $20 for membership and $2 per book rental. So, the total cost is

[tex]C_1=20+2x[/tex]             ...(i)

Book club B charges $10 for membership and $3 per book rental. So, the total cost is

[tex]C_2=10+3x[/tex]            ...(ii)

Equating (i) and (ii), we get

[tex]10+3x=20+2x[/tex]

[tex]3x-2x=20-10[/tex]

[tex]x=10[/tex]

The total cost is

[tex]C_1=20+2(10)[/tex]

[tex]C_1=20+20[/tex]

[tex]C_1=40[/tex]

Therefore, the total cost at both book clubs are same for 10 rental books and that cost is $40.

If each cube in the rectangular prism measures 1 cubic foot, what is the volume of the prism?

Answers

Answer:

The answer might be: 11 cubic foot

When looking at a function graph, which value determines whether a graphed relation is a function or not? Domain or Range? Explain why.

Answers

It would be the domain, you can only have a unique y-value for each x, this is called the vertical line test. You can have the same y values for other points of y but not for the same point of x.

The local acting group has 35 members. They are carpooling in 5 vans to perform a show. They want each van to carry an equal number of people. Let p be the number of people in each van. Write a one-step multiplication equation to find the number of people in each van

Answers

Answer:

5 times x = 35 so x = 7

Step-by-step explanation:

b/12 = 5; b = 60 pls. Help by step please

Answers

Answer:

B=60

B  divided by 12

60 divided by 12

60/12

12x5=60

60/12=5

Step-by-step explanation: took test

A farmer is creating a rectangular garden such that the length is four times the width. The
area of the garden is 2077 square feet. Write and solve an equation to determine the width
of the garden, to the nearest tenth of a foot.

Answers

Answer:

Width of the garden = 22.8 foot

Step-by-step explanation:

Area of the rectangular garden = 2077 square feet.

Let

Width of the garden = x

Length of the garden = 4x

Area of a rectangular garden = length × width

2077 = 4x * x

2077 = 4x²

x² = 2077/4

x² = 519.25

find the square root of both sides

x = √519.25

x = 22.787057730211

To the nearest tenth of a foot.

x = 22.8 foot

Width of the garden = 22.8 foot

what must be multiplied to 3x + 7y to get 9x² - 49y²?

help.​

Answers

Answer:

square the whole equation

Step-by-step explanation:

so, it will change from (3x + 7y)² to 9x² - 49y²

I hope this helps a little bit.

Answer:

(3x - 7y)

Step-by-step explanation:

we know that

.. (a + b) (a - b) = (a^2 - b^2)

=> (a + b) = (3x + 7y)

=>. (a^2 - b^2) = (9x^2 - 49y^2)

=> so, (a - b).= (3x - 7y)

hope it helps

Please help im 25% blind
Which figures appear to be congruent?


An image of 5 triangles on a 14 by 12 grid is shown.Triangle 1 has a base that is 4 units long. The upper vertex is 4 units above the midpoint of the base. To the right, triangle 2 has a horizontal leg that is 3.5 units long and a vertical leg that is 4 units long. A small square is positioned in the triangle at the lower left vertex. Below triangle 1, triangle 3 has a horizontal leg that is 3.5 units long and a vertical leg that is 4 units long. A small square is positioned inside this triangle at the upper right vertex. Triangle 4 is toward the center of the grid. It has a horizontal leg that is 1 unit long and a vertical leg that is 4 units long. A small square is positioned inside this triangle at the upper right vertex. Triangle 5 is to the lower right. It has a horizontal leg that is 6 units long and a vertical leg that is 4 units long. A small square is positioned inside this triangle at the lower left vertex.

A. 1, 2, and 3

B. 1 and 4

C. 1 and 5

D. 2 and 3

Answers

Answer:

c

Step-by-step explanation: all you have to do is work it out

If lucy has a card buiness she has an oder to make 65 cards she makes the same number of cards everyday for 7 days how many cards does she have to make on the last day

Answers

Answer:

2

Step-by-step explanation:

Total number of cards = 65

she makes the same number of cards everyday for 7 days

Number of days = 7

Cards per day = 65 / 7 = The result is 9 with a remainder of 2.

This means, she makes 9 cards per day for 7 days. Then on the last day she is left with 2 cards to make.

4, 4, 4, 2, 1,

What is the volume of this container?

Answers

Answer:

put a pic i cant see the model

Step-by-step explanation:

Answer:

21

Step-by-step explanation:

What is the answer for m/1 =

Answers

Answer:  133

=============================================================

Explanation:

The quickest way to get this answer is to add the angles given to get 87+46 = 133

This is through the use of the remote interior angle theorem.

Note how the angles 87 and 46 are interior, or inside the triangle. And also, they are not adjacent to the exterior angle we want to find. So that's where the "remote" portion comes in.

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

The slightly longer method involves letting x be the measure of the missing interior angle of the triangle.

The three interior angles add to 180

87+46+x = 180

133+x = 180

x = 180 - 133

x = 47

The missing interior angle of the triangle is 47 degrees.

Angle 1 is adjacent and supplementary to this 47 degree angle, so,

(angle1)+(47) = 180

angle1 = 180-47

angle1 = 133 degrees

This example helps confirm that the remote interior angle theorem is correct.

Pls help u get brain if u help me

Answers

Answer:  3.75 pounds

Step-by-step explanation:

12 smoothies needs 12 x 5 = 60 ounces of fruits

1 lb  = 16oz

[tex]60oz(\frac{1lb}{16oz})\\= \frac{60oz*lb}{16oz}\\= 3.75 lb[/tex]

Shshshdhdhdhhddhhdhd

Can someone help me?

Answers

Answer:

cos 42 = x/20

20*cos 42 = x

x = approximately 14.9 ft

Step-by-step explanation:

hope it helped

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