Jane deposited $10,000 into her bank account in december, 2010. her account earns interest at a rate of 5% compounded monthly. how much money will she have in december of this year (2018)?
round your answer to the nearest whole number.
compound interest: a = p ( 1 + r/n )^nt

she will have $14,906 in December of year 2018

Step-by-step explanation:

To find the amount of money she will have in December of the year 2018, we will simply use the formula;

Compound Interest: A = P ( 1 + r/n )^nt

where p = principal

           R = rate

           n = the number of times the interest is compounded per unit time

            T = time

             A= Accrued amount

From the question

Principal (p) = $10,000

Rate (r) = 5% = 0.05

Time(t) = 2018-2010 = 8 years

n = 12

We can now proceed to insert the values into our formula;

Compound Interest: A = P ( 1 + r/n )^nt

                                      = $10 000 ( 1 + 0.05/12) ^12×8

                                         =$10,000(1 + 0.00416667)^96

                                          = $10 000(1.00416667)^96

                                            =$10 000(1.4905859)

                                            =$14,905.895

                                             ≈$14,906 to the nearest whole number.

Therefore she will have $14,906 in December of year 2018

step-by-step explanation:

circumference divided by 3.141592654 then timesthe radius twice

there are 70 more legs than eyes at the dog show (196 – 126 = 70). dogs have two more legs than eyes, and humans have the same number of legs as eyes. thus 70 is twice the number of dogs at the show, so the number of dogs is half of 70, which is 35. to get the number of humans, subtract 35 from 63: 63 – 35 = 28.

step-by-step explanation: