Vaughn Whitehead

Mathematics

20 April, 11:38

Mattis saving to buy a new motorcycle. If he deposits $50 at the end of each month in an account that pays an annual interest rate of 3.5%, how much will he have in 30 months? Assume that the compounding is being done monthly

(Round the final answer to the nearest cent as needed. Round all intermediate values to eight decimal places as needed.)

+4

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Mattis saving to buy a new motorcycle. If he deposits $50 at the end of each month in an account that pays an annual interest rate of 3.5%, ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

A box is shaped like a cube the box has a length of 1 foot a width of 1 foot and a height of 1 foot what's the volume of the box

NASA uses a launch clock to measure time before and after lift-off. It takes 2 hours and 15 minutes of preparations on base, 20 minutes to travel to the launch pad, and 40 minutes of pre-launch checks once in the spacecraft.

Samantha is selling custom printed t-shirts as a fundraiser. It costs her $3.50 to print a shirt with one ink color and $4.00 to print a shirt with two ink colors. She sells single-ink-color shirts for $5.00 and two-ink-color shirts for $6.00.

How do you solve - 7-x=24

Greta has a piece of cloth that is 9 yards long. She cuts it into 1/3. How many pieces of cloth does she have?

New Questions in Mathematics

Suppose you are getting new inground pool at your house. The pool is going to be a rectangle that is 30 feet by 15 feet. The outside border of the deck around the pool will also be a rectangle, which is 44 feet by 28 feet.

There are 12 team members. They each ate 3 slices of pizza. Each pizza was cut into 8 slices. What fraction of the pizza did the team eat altogether?

Solve for v 12v = 18+6v

Maggie's brother is four years younger than twice her age the sum of their ages 11 how old is Maggie?

Kirsten invested $1000 in an account at an annual interest rate of 3%. She made no deposits or withdrawals on the account for 5 years. The interest was compounded annually. Find the balance in the account, to the nearest cent, at the end of 5 years.