Mario invested 6000 in an account that pays 5
WebMario invested $6,000 in an account that pays 5% annual interest compounded annually. Using the formula A = P(1 + r)t, what is the approximate value of the account after 2.5 years? Answer:6778. Answer:6778. Kaylib’s eye-level height is 48 ft above sea level, ... Web9 nov. 2024 · Based on the given conditions, formulate: 6000 * 5% + 1 2.5 Evaluate the equation/expression: 6778.3. Gauthmath. About us Gauth PLUS. Log in. Math Resources / algebra / word problem / Question. Gauthmathier7557. Grade . 10 · YES! We solved the question! Check the full answer on App Gauthmath. Get the Gauthmath App. Good …
Mario invested 6000 in an account that pays 5
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WebMario invested $6,000 in an account that pays 5% annual interest compounded annually. Using the formula A = P(1 +... Log in. I don't have account, sign up. Sign up. I already have an account, log in. Search. Log in Sign up. Published … Web12 dec. 2024 · Taylor invested $650 in an account paying an interest rate of 2.3% compounded daily. Assuming no deposits or withdrawals are made, how long would it take to the nearest tenth of a year for the value of the account to reach $880? - studen.com
WebFuture value: Ning Gao is planning to buy a house in five years. She is looking to invest $25,000 today in an index mutual fund that will provide her a return of 12 percent annually. How much will she have at the end of five years? (Round to the nearest dollar.) answer choices A) $45,000 B) $28,000 C) $44,059 D) None of the above Question 17 WebMaria is the sole proprietor of an antique store that she has operated at the same location for the past 16 years. The store rents the space in which it is located but does own all of the inventory and fixtures. The store has an outstanding loan with the local bank but no other debt obligations.
Web7 mei 2011 · The first fund pays simple interest at 6% per year and the other pays simple interest at 7% per year. If the funds earn a combined $817 in interest in one year, how much does she have invested in each; At the end of each quarter, a 50-year-old woman puts $3000 in a retirement account that pays 5% interest compounded quarterly. Web20 jul. 2024 · Mario invested $6,000 in an account that pays 5% annual interest compounded annually. Using the formula A = P (1 + r)t, what is the approximate value of the account after 2.5 years? 2 See answers Hello there! My name is agenthammerx, a Master Answerer and Engagement Team Member here on Brainly. I am here to welcome you to …
WebView Homework Help - TUTORIAL 4 - QUICK CHECK.docx from RM 6000 at Tun Abdul Razak University. TUTORIAL 4 QUICK CHECK 4A 1. ... 5. RM990 is invested every month for thirty months in an account that pays 7% compounded semi-annually. ... RM700 is invested every month into an account that pays 5% compounded annually for eighteen …
WebMario invested $ 6,000 in an account that pays 5% annual interest compounded annually. Using the formula A=P1+rl, what is the approximate value of the account after 2.5 … pendleton city hall phone numberWebWhich rules of exponents will be used to evaluate this expression? Check all that apply. [(-8)⁴]⁻⁵/(-8)⁶ media priming effectsWeb1 mei 2024 · Answer. Exercise 6.4.2: Find the simple interest earned after 2 years on $700 at an interest rate of 4%. Answer. In the next example, we will use the simple interest formula to find the principal. Example 6.4.2: Find the principal invested if $178 interest was earned in 2 years at an interest rate of 4%. pendleton city courtWebQuestion: Mario invested $6,000 in an account that pays 5% annual interest compounded annually. Using the formula A=P (1+r)^ (t), what is the approximate value of the account … media print dy5Web4 sep. 2024 · Starting today the company will put aside $139,239.72 every month for five years into an annuity earning 7% compounded semi-annually. Brenda will lease a $25,000 car at 3.9% compounded monthly with monthly payments of $473.15 starting immediately. After three years she will still owe $10,000 on the vehicle. media print css tableWebA banker divided $5000 between 2 accounts, one paying 10% annual interest and the second paying 8% annual interest. Express the amount invested in the 10% account in terms of the amount invested in the 8% account. Annual interest; Deposit At the beginning of the year, Michael's father opened a bank account in which he deposited 1,800 euros. media print background colorWeb14 nov. 2024 · The approximate value of the account after 5 years will be $6778. Given that, Mario put $6,000 into a savings account that accrues interest at a rate of 5% per … media print body display: none