rawaanasser12245
22.07.2020 •
Mathematics
Karen Gaines invested $10,000 in a money market account with an interest rate of 1.75% compounded semiannually. Five years later, Karen withdrew the full amount to put toward the down
payment on a new house. How much did Karen withdraw from the account?
Karen withdrew $
(Round to the nearest cont as needed.)
Solved
Show answers
More tips
- G Goods and services How to sew a ribbon: Tips for beginners...
- L Leisure and Entertainment How to Learn to Draw Graffiti: Tips for Beginners...
- F Family and Home How to Remove Tar Stains: Tips and Recommendations from Experts...
- F Family and Home How to Remove Fading from Clothes: Tips and Tricks...
- S Sport How to Do a Jumping Split...
- H Health and Medicine How Did Inna Lose Weight on Dom 2?...
- F Family and Home How to Properly Fold Napkins in a Napkin Holder?...
- F Food and Cooking How to Set Up Ventrilo - The Ultimate Guide...
- S Science and Technology How to Make a Homemade Smoker: The Ultimate Guide...
- A Auto and Moto Battle for the Relocation of The Cherkizovsky Market: Who Won?...
Answers on questions: Mathematics
- C Computers and Technology Zoom plz.if not wanna just stay quiet but here is code Meeting ID 574-939-4580Password qU57Qgok im srsly serious join me plzzzzz...
- E English Rewrite the following sentence properly: According to Miller, betrayal is the only truth that sticks . (Miller, p16)....
- M Mathematics 15. The spinner shown below is spun twice. What is the probability that one spin lands on blue and one lands ongreen? PLEASE WILL GIVE BRAINLIEST...
- H History How did the robber barons control their industries...
Ответ:
Karen withdrew $10,910.30
Step-by-step explanation:
To calculate the amount he withdrew, we shall be using the formula for compound interest.
Mathematically the amount withdrew A is calculated as follows;
A = I( 1 + r/n)^nt
Where I is the initial amount deposited = $10,000
r is the interest rate = 1.75% = 1.75/100 = 0.0175
n is the number of times per year in which interest is compounded which is 2 in this case since it is semi annually
t is the number of years = 5 in this case
Now plugging these values, we have;
A = 10,000(1 + 0.0175/2))^(2)(5)
A = 10,000(1.00875)^10
A = 10,910.269471264706
Which is approximately $10,910.30
Ответ:
We have then:
V = (l) * (w) * (h)
Where,
l: long
w: width
h: height
Substituting the values we have:
V = (2 1/2) * (2 1/2) * (5)
V = 31.25 cm ^ 3
The difference between the container and the prism is:
35-31.25 = 3.75 cm ^ 3
the difference between the volume of the prism and the volume of the storage container is:
3.75 cm ^ 3