If an amount of $5,000 is deposited into a savings account at an annual interest rate of 5%, compounded monthly, what is the value of the investment after 10 years?

$8,240

Step-by-step explanation:

We are given that,

Principle amount in the savings account, P = $5,000.

Rate of interest, r = 5% = 0.05

Time period, t = 10

Also, the interest is compounded monthly, n = 12

As, we now that the value of the investment is given by

Thus, we have,

Investment Value =

i.e. Investment Value =

i.e. Investment Value =

i.e. Investment Value =

i.e. Investment Value = $8,240

Hence, the investment amount after 10 years is $8,240.

to find the perimeter of the rectangle this is the expression:

x-9+x-9+3x-4+3x-4=138

if we simplify it:

8x-26=138

remember, 138 is what it all adds up to

the length is 11.5cm

the width is 57.5cm

the area is 661.25cm^2

the answers might not be correct use at own risk

the correct answer would be:

220 centimeters

to get this you can use the pythagorean theorem

hope this

step-by-step explanation: