A principal of $2200 is invested at 6.25% interest, compounded annually. How much will the investment be worth after 13 years

Answers

Answer 1

Answer:

Let S = Sum after 13 years

So = amount invested

t = time in years

i = annual interest rate = .0325

The S = So(1+i)t = $2,200(1.0325)13 = $3,334.21

Answer 2

After 13 years, the investment will be worth approximately $4365.67. To calculate the future value of the investment after 13 years with annual compounding interest, we can use the formula for compound interest.

Future Value (FV) = Principal (P) * (1 + (Interest Rate (r) / 100))^Time (n)

Where:

P = Principal (initial investment)

r = Annual interest rate (as a decimal)

n = Number of years

Given:

Principal (P) = $2200

Annual interest rate (r) = 6.25% = 6.25/100 = 0.0625 (as a decimal)

Number of years (n) = 13

Now, let's calculate the future value:

FV = $2200 * (1 + 0.0625)^13

FV = $2200 * (1.0625)^13

FV ≈ $2200 * 1.984396861  (rounded to 9 decimal places)

FV ≈ $4365.672097  (rounded to 2 decimal places)

After 13 years, the investment will be worth approximately $4365.67.

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Related Questions

6. Which of the following is the improper fraction for the mixed fraction 2 5/3

Answers

Answer:

[tex]\frac{11}{3}[/tex]

Step-by-step explanation:

Multiply the denominator by the whole number, then add the numerator.

3 × 2 + 5 = 11

Keep the denominator.

[tex]\frac{11}{3}[/tex]

Answer:

11/3

Step-by-step explanation:

1. To change a mixed number into an improper fraction, multiply the whole number with the denominator of the mixed number. Then, add the numerator of the fraction to the product to get the numerator of the improper fraction. Remember to keep the denominator the same.

2. Given the information above:

[tex]3 * 2 = 6[/tex] [tex]6 + 5 = 11[/tex] 11 = numerator, denominator = 3improper fraction: 11/3

Therefore, the answer is 11/3.

maria buys 2 dozen pens at $7.20 a dozen. she then sells the pens at 80c each. calculate her profit​

Answers

Her profit is $4.80 :)

$7.20•2=$14.40
24 pens • $0.80 =$19.20
$19.20-$14.40=$4.80 profit :)

I need help answering this question can anyone help me out I am very confused.

Answers

Answer:

-4

Step-by-step explanation:

If you solve the inequality, you'll get

5x - 5 > - 20

5x > -15

x < -3

So you know that x values can be from -∞ to -3

So in the interval of [-4,3] the only value less than -3 is -4 so that's the answer.

Hope this helps! :)

Pls help I’ll brainlest

Answers

Answer:

Here are the unscramabled words

Step-by-step explanation:

1. Observation

2. Hypothesis

3. Results

Thank you! Please Brainliest! :)

If the measure of XWZ = 127 . What is the measure of YWV?

Answers

Answer:

Dude Where's the attachment

Step-by-step explanation:

This is incomplete without image

PPPPLLLSSS HELP THIS IS WORTH SIXTY PERCENT OF MY GRADE. I DONT GET HOW SINCE IT ONLY TWO QUESTIONS BUT IT IS. PLEASE HELP
1. What is the value of the expression 15⋅6-2^2⋅8+4^3 is ______



2. What is the value of the expression 2^3+2^2⋅2+6-2^1⋅2^0-1 is ______

Answers

Answer:

122; 19

Step-by-step explanation:

#115 ⋅ 6 - 2² ⋅ 8 + 4³ =15 ⋅ 6 -  4 · 8 + 64 = 90 - 32 + 64 = 58 + 64 = 122#22³ + 2² ⋅ 2 + 6 - 2¹ ⋅ 2⁰ - 1 =8 + 4  · 2 + 6 - 2 · 1 - 1 = 8 + 8 + 6 - 2 - 1 = 22 - 2 - 1 = 20 - 1 =19

Your mother drives 60 minutes at a constant speed of 40 miles per hour. She then speeds up, and drives for another 30 minutes at a constant speed of 70 miles per hour. How many miles does your mother travel all together? How long did the trip take?

Answers

Answer: written below

Step-by-step explanation:

1 hour time 40 miles/ hour =1*40=40miles

0.5 *70=0.5*70=35 miles

40+35=75 miles

60 minutes+30 minutes= 90 minutes or 1 1/2hours

Identify the graph that represents y=(x-1)^2+2

Answers

Step-by-step explanation:

i hope this is what you need

Help marking brainliest for who is right

Answers

Answer:

-4,-3 2/3, -1 2/3, -1/2, 2/3, 5 1/2

Step-by-step explanation:

est 100:
337
55,745
SS
t 1,000:

Answers

Answer:

Is this a question??

Step-by-step explanation:

What are the terms in the expression 4 + 9v + 6w? A. v and w b. 9 and 6 c. 4, 9v, and 6w d. 4, 9, and 6

Answers

Answer:

How do you want me to solve?

Answer:

A po answer jan (20 daw characteristics bago masend sagot)

Find the Perimeter of the figure below, composed of a rectangle and two semicircles. Round to the nearest tenths place.

Answers

281.25 is the answer i think

what are possible values for a and b in the equation 4^a/4^b=4^-1

Answers

Answer:  11

Step-by-step explanation:The given expression is:

=

=

=

Substituting the value of b=-2 in above expression, we get

=

=

=

Thus, the value of the given expression is -11.

Need help with number 10

Answers

Answer:

d

Step-by-step explanation:

the answer is d, tan = (cateto opuesto / cateto adyascente)

D.

Tan is opposite/adjacent
Tan35 = .7002
.7002 = opposite/60
.7002*60=42.012
Opposite = width of river = 42.0

Question 1 (3 points)
CALCULATOR PERMITTED FOR SUBPART 3
At a bake sale, plates of cookies, p, are sold for $5 each. The amount of money
from the sale of cookies is expressed as dollars, d. Which equation represents the
earnings of the bake sale?
Plates of Cookies (p)
1
2
3
4
Earnings (d)
5
10
15
20
HN
o lol
O a
d = p + 5

d =P
=
5

Answers

done good job question giy


The cost to mail a first-class letter used to be $0.40 the first ounce. Each additional ounce costs $0.20. Fractions of an ounce are
rounded up to the next whole ounce. How much would it cost to mail a letter that weighs 3.7 ounces?
• $0.60
O $1.00
O $0.90
O $1.20

Answers

$1.00 because the first ounce is 0.40 then you have to times the other 3 ounce by 0.20 then u would have $1.00

6x44
hbgvtfwtydtwftdftwyfdywdwd

Answers

Answer:

264

Step-by-step explanation:

well you could have just used a calculator!

Answer:

Step-by-step explanation:

es 264   como estas

Colby has a square placemat. The area of the
placemat is 3 square feet
What is the exact perimeter of the placemat?
Use the number pad to enter your answer in the box
The exact perimeter is
ft help please

Answers

12 feet is the perimeter

Answer:

Step-by-step explanation:

12

help me please (I had to write something to ask this question)​

Answers

Answer:

-5

Step-by-step explanation:

I think it would be -5 because if Celia had -3, that would take away from Janine, so then it would leave the points at 5. But, it says the team had 0 points all together, so wouldn't it be -5?

What is the denotation of the word "stealing” in this excerpt?

being deceptive
committing a crime
keeping a secret
taking over

Answers

The word stealing in the given excerpt denotes; taking over

How to find the meaning of the excerpt?

This question is gotten from the excerpt from the Narrative of the Life of Frederick Douglass.

Now, from the given narrative, we see that her frame already racked with the pains of old age, and complete helplessness fast stealing over her once active limbs.

Thus, this means that the word stealing denotes that taking over her active limbs.

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Answer:

Taking over.

Step-by-step explanation:

Please help me to làm bài

Answers

Answer

Xét f'(x)=0, tìm các giá trị x, lập bảng biến thiên

Đồ thị:

Step-by-step explanation:

URGENT HELP I NEED THE ANSWERS TO THIS WORKSHEET

Answers

Answer:

As follows,

Step-by-step explanation:

The sum of the angles of any triangle is 180.

∠U=69

∠D=42

∠E=35

∠F=35

∠G=55

∠H=45

∠I=45

∠J=15

∠M=120

∠K=15

∠L=75

∠Q=55

∠R=55

∠S=42

∠T=42

∠P=21

∠O=69

∠N=21

∠A=60

∠B=60

∠C=60

Need help, look at picture

Answers

Line AB is the diameter

how do you solve -5=4x-8

Answers

Answer:

3.25=x

Step-by-step explanation:

start with -5=4x+8

subtract 8 from each side to get:

-13=4x

divide each side by 4 to get your answer:

-3.25=x-

Answer:

[tex]x = - 3.25[/tex]

Step-by-step explanation:

-5 = 4x + 8

-5 - 8 = 4x + 8 - 8

-5 + (-8) = 4x

-13/4 = 4x/4

Therefore, x = -3.25

-5 + (-8) = 4x

Same Change Change (SCC) rule for integers was applied here.

Given that cos (x) = k
what does cos (2x) = ?

Thanks in advance :)

Answers

Answer:

(2x) = 2k

Step-by-step explanation:

If x = k, then 1x=1k, then 2x=2k

Answer:

2k² - 1

Step-by-step explanation:

cos x =k

cos 2x = 2 cos ² x - 1

           = 2k² - 1

how would you work out 0.5 is 1/100 of

Answers

0.5% of 100

is equivalent to multiplying them:

0.5% × 100 = 0.5

The prices of a 32-ounce
container of yogurt at three different grocery stores are
$4.49, $3.99, and $4.29, respectively. Find the average
price for the container of yogurt.

Answers

Answer:

9.77 i think

Step-by-step explanation:

add up all prices then subtract by three i think

Answer:

93 is the correct answer

Adjoa’s gross salary for last month was Ghc4,687.24. If Ghc421.78 was deducted from Adjoa’s salary pay, how much take-home pay did Adjoa earn this past month?

Answers

Adjoa's got 4265.46 Ghc as his take home pay for the past month.

The question gave us his gross salary, which means everything he earned. At the same time, giving us a particular number as deduction. To calculate the net salary, all we have to do is to subtract the deduction from the gross salary, And thus;

4687.24 - 421.78 = 4265.46 Ghc

to learn more, see here  https://brainly.com/question/16688602

20.99 for a 42 lb-bag of dog food (im pretty sure your supposed to divide the last number to the first number example: 18.5÷11.99)

Answers

Answer:

18.5÷11.99 is correct the answer is most likly option B

A sea lion jumped out of the water to a height of 3 feet above sea level. The number line shows the location of the sea lion at the top of its jump. From this location, the sea lion dove down 9 feet. Describe how to use the number line to find the new location of the sea lion.

Answers

Answer: on the number line it would go from 0 and with a positive line go to 3 and when it’s dive down it would with a negative line go 9 spaces towards the negative side of the number line and the answer would be -6 I think that kind of exsplains it step by step there but let me know if you information :) please leave a thanks and five stars I need some for my own quiz! Thank you!

Step-by-step explanation:

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