10. A new bank customer with $3,000
a money market account. The
wants to open
simple interest rate of 1.1%.
bank is offering a
a. How much interest will the customer earn in
20 years?
b. What will be the account balance after
20 years?

Answers

Answer 1

Answer:

a. $660

b. $3660

Step-by-step explanation:

a. 1.1% = 1 years

   22% = 20 years

22% = 0.22

Take 3000 times 0.22 = $660

So, they will earn $660 interest in 20 years

b. $3000 + $660 = $3660

$3660 is their account balance after 20 years


Related Questions

Israel has a total of 25 coins in his pocket - they are
all quarters and dimes. The value of the coins are
$3.85. How many quarters and dimes are in Israel's
pocket?
X - quarters
y - dimes

Answers

Answer:

15x 1y

Step-by-step explanation:

im smart

Write the absolute value equations in the form |x-b|=c(where b is a number and c can be either number or an expression) that have the following solution sets:
One solution: x=15

Answers

Answer:

|x-15|=0

Step-by-step explanation:

Obviously.

Answer:

|x-15|=0

Step-by-step explanation:

HELPPPPP
CAN ANYBODY TELL ME IF 3.375 IS THE ANSWER

Answers

yeah i think that’s right im sorry if not

work out how many degrees ​

Answers

I would help but your picture doesn’t show what December is!

if the diamter of the sun is 16cm, what is the area

Answers

201.06cm²  

Hope this helps.

I NEED HELP ASAPPP NO LINKS PLSS​

Answers

Answer:

heyy! im reaaally sorry if its wrong but I think its c, f, d

brainliest? :)

Step-by-step explanation:

Answer:

7= D

8= F

9= C

Step-by-step explanation:

7. x - 3 [tex]\leq[/tex] 7

     +3     +3

x [tex]\leq[/tex] 10

8. 3b < 18

   /3       /3

    b < 6

9. [tex]\frac{y}{3}[/tex] > 9

  *3    *3

 y > 27

10- 12 I am so sorry, but I don't understand these functions lol

Which of the following equations represents this statement

Answers

Answer: 5n = 35

Step-by-step explanation:

The product of a number n and the number 5 is 35. This statement can be formed into an equation as:

n × 5 = 35

5n = 35

The equation is 5n = 35

If we want to get the value of the number, it'll be:

5n = 35

n = 35/5

n = 7

The number is 7

The number of butterflies in an exhibit is decreasing at an exponential rate of decay. The number of butterflies is decreasing by 5% every year. There are 500 butterflies in the exhibit right now. How many butterflies will be in the exhibit in 7 years? Round your answer to a whole number.

Answers

Answer:

349 butterflies

Step-by-step explanation:

The formula for Exponential Decay =

y = a(1 - r)^t

Where y = Size of population after time t = ?

a = Initial size of population = 500

r = Decay rate = 5%

t = Time = 7 years

Hence,

y = 500(1 - 0.05)⁷

y = 500(0.95)⁷

y = 349.16864805 butterflies.

Approximately = 349 butterflies

Help??? The answer I put was an accident and I can’t take it away

Answers

Answer:

try clicking on another option?

HEY THERE! PLS HELP ME WITH THIS MATH QUESTION- AN EXPLANATION WOULD BE GREAT! THE CORRECT ANSWER SHALL BE MARKED AS BRAINLIEST AND ACHIEVE 10 POINTS! THANKS :)

xoxo

Answers

Answer:

I might be wrong but I think it's 180 millimeters.

Step-by-step explanation:

4cm times 5cm times 9cm = 180 millimeters

1. 4cm times 5cm = 0.002 m^2

2. 0.002 m^2 times 9cm = 180 millimeters

Hopes this helps. If not please tell me. I will try to improve.

What is the equation of the line that has a slope of 0 and passes through the point (6, -8)?

Answers

Answer:

your answer will be J. Y=-8

Step-by-step explanation:

Y=mx+b (6, -8)

(-8)= 0(6) +b

(-8)= 0+b

(-8)= b

Y=0(6)-8

y=-8

What is the distance between the points (-5, 9) and (4, 9) on the coordinate plane? 9 9 1 1 10 10 90

Answers

Answer:

9 units

Step-by-step explanation:

Given: Two points on a coordinate plane are [tex](-5,9),\,(4,9)[/tex]

To find: distance between points [tex](-5,9),\,(4,9)[/tex]

Solution:

According to the distance formula,

Distance between points [tex](a,b)[/tex] and [tex](c,d)[/tex] is equal to [tex]\sqrt{(c-a)^2+(d-b)^2}[/tex]

Take [tex](a,b)=(-5,9),\,(c,d)=(4,9)[/tex]

Therefore,

Distance between points [tex](-5,9),\,(4,9)[/tex] [tex]=\sqrt{(4+5)^2+(9-9)^2}[/tex]

                                                               [tex]=\sqrt{(9)^2}[/tex]

                                                               [tex]=9[/tex] units

I need help with these question! Please do step by step :)

Answers

Answer:

Number of bags of chocolate chip cookies = x = 0.133 bags

Number of bags of walnuts = 7.7 bags

Step-by-step explanation:

Chocolate chip cookies = 12oz per bag = $3

Walnuts = 4oz per bag = $2

She need 3 pounds of Chocolate chip cookies and Walnuts

Let us represent

Number of bags of chocolate chip cookies = x

Number of bags of walnuts = y

She need 3 pounds of Chocolate chip cookies and Walnuts

Hence,

We have to convert oz (ounces) to pounds

For chocolate chip cookies

1 oz = 0.0625 pound

12 oz = x

Cross Multiply

x = 12 × 0.0625 pound

x = 0.75pound

For Walnuts

1 oz = 0.0625 pound

4 oz = x

Cross Multiply

x = 4 × 0.0625 pound

x = 0.25pound

Hence,

0.75 pound = $3

0.25 pounds = $2

She can only spend $15

Chocolate chip cookies = 12oz per bag = $3

Walnuts = 4oz per bag = $2

Hence,

0.75x + 0.25y = 3..... Equation 1

3x + 2y = 15.... Equation 2

Multiply Equation 1 by 2 and Equation 2 by 0.25

1.5x + 0.5y = 3... Equation 3

1.5x + 4y = 30.... Equation 4

Subtract Equation 3 from 4

3.5y = 27

y = 27/3.5

y = 7.7 bags

Solving for x using Equation 2

3x + 2y = 15.... Equation 2

3x + 2(7.7) = 15

3x + 15.4 = 15

3x = 0.4

x = 0.4/3

x = 0.133 bags

Number of bags of chocolate chip cookies = x = 0.133 bags

Number of bags of walnuts = 7.7 bags

Maribel pidio 100 refrescos a una tienda,los de naranja se los vendieron a $35.00 y los de cola a $38.00 si pago en total $3620 cuantos refrescos de naranja pideo

Answers

Answer:

the number of orange sodas be 60

Step-by-step explanation:

Let us assume the orange ones be x

And, the cola ones be y

Now according to the question

x + y = 100

y = 100 - x.........(1)

35x + 38y = $3,620........(2)

Now put the value of equation 1 in equation 2

So,

35x + 38(100- x) = 3620

35x + 3800 - 38x = 3620

-3x = -180

x = 60

Hence, the number of orange sodas be 60

find the perimeter:

The answer choices are down below:

80.8m or 91.7m.

Answers

Perimeter of the shape is =sum of all the side

Perimeter =16.2+7.5+18+12+18+7.5

Perimeter =79.2

Perimeter

Answer:

perimeter=12+18+18+7.5+7.5+16.2

=79.2m

definition of interest

Answers

Interest :
the state of wanting to know or learn about something or someone.

money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.

what would be the ending bank balance?

Answers

It’s F the first one

Please help me with this. I don't know how I can thank you, but I need this ASAP. More questions coming.

Answers

Answer:

The answer you have marked is correct

Step-by-step explanation:

The angles added together equal 360

I only need the explanation

Answers

Step-by-step explanation:

start with bracket,4 + 8=12

1/2×12=6


What will be the 7th term in the sequence
Enter your answer as a fraction.

Answers

Answer:

1/32

Step-by-step explanation:

You plug 7 for n and solve in calculator.

Answer:

1/128*4= 0.03125

Step-by-step explanation:

We can simplify the formulas to get 1/2^n *4. Substitute 7 for n and you get your answer.

Write an expression that represents the perimeter of a trapezoid with side lengths z+5,8z-10, 4z+9, and 3z-6

Answers

Answer:

Perimeter = (16z - 2)

Step-by-step explanation:

Perimeter of a polygon = sum of the lengths of all sides of the polygon

Sum of all sides of the trapezoid = (z + 5) + (8z - 10) + (4z + 9) + (3z - 6)

By adding like terms,

Perimeter of the trapezoid = ( z + 8z + 4z + 3z) + (5 - 10 + 9 - 6)

                                            = 16z - 2

Therefore, expression representing the perimeter of the trapezoid will be,

(16z - 2)

What is the value of (–7 +31) - (2-61)?

Answers

-9+9i

Hope this helped :T

Sumeet bought a few fidget spinner and divided it equally among six of his friends and his sister, Jasmine. While playing, Jasmine lost 2 fidget spinners and has only 12 fidget spinners at present. Find how many fidget spinners did Sumeet buy in all.

Answers

Answer:

Yes

Step-by-step explanation:

Ye yes yes =yes yes hes

What is the sum?
Thank you!

Answers

Answer:

50 is the sum

Step-by-step explanation:

-10+20=10

10+-40=-30

-30+80=50

Write an equation and find missing angle . 6x ° and 30 °​

Answers

6x+30=180

6×=180-30

×=150/6

×=25

6x=6×25=130

I NEED HELP ASAP I WILL GIVE BRAINLIST
A camera has a listed price of $553.98 before tax. If the sales tax rate is 7.5%, find the total cost of the camera with sales tax included. Round your answer to the nearest cent, as necessary.

Answers

519.99(.0825) = 42.899

519.99 + 42.899 = $562.89

Answer:

Sales tax---> 553.98 x 0.075= 41.5485

Total---> 553.98 + 41.5485= 595.5285

Round to nearest tenth---> 595.53 is your answer

Movers are filling the truck below with cube shaped boxes. If each box has edge lengths of 12 yard, how many total boxes will fit in the truck? L: 3 1/2 yds W: 5 yds H: 2 1/2 yds

Answers

Answer:

14boxes

Step-by-step explanation:

Given the following

Length of truck: 3 1/2 yds

Width of truck: 5 yds

Height of truck: 2 1/2 yds

Volume of truck = Length * Width * Height

Volume of truck = 3 1/2 * 5 * 2 1/2

Volume of truck = 7/2 * 5 * 5/2

Volume of truck  = 7/4 cubic yards

For each box

Length L = 1/2 yd

Volume of each box = 1/2 * 1/2 * 1/2

Volume of each box = 1/8 cubic yds

Since 1 box = 1/8 cubic yds

x box = 7/4 cubic yds

Cross multiply

1/8x = 7/4

Cross multiply

4 * x =   7 * 8

4x = 56

x = 56/4

x = 14

Hence the total boxes that can fit in the trunk is 14boxes

PLEASE HELP ASAPPP ILL MARK BRAINLY IF CORRECT

Answers

Answer:

I don't really understand this problem from the picture but here is some tips-

Step-by-step explanation:

Because the domain refers to the set of possible input values, the domain of a graph consists of all the input values shown on the x -axis. The range is the set of possible output values, which are shown on the y -axis.

Use the picture attached. Sorry for not answering the exact question!

Can I get brainliest?

Please help and thank you

Answers

Answer:

D

Step-by-step explanation:

HELP ME angle-angle similarity

Answers

EBK THE ANSWER IS Y O U R M O M I S G A Y

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