Glencoe Math Accelerated, Student Edition
Glencoe Math Accelerated, Student Edition
1st Edition
ISBN: 9780076637980
Author: McGraw-Hill Glencoe
Publisher: MCG
bartleby

Concept explainers

bartleby

Videos

Question
Book Icon
Chapter 6.6, Problem 17IP
To determine

To find: Total amount in each account if interest is compounded annually.

Expert Solution & Answer
Check Mark

Answer to Problem 17IP

Total amount =A=$4264.86

Explanation of Solution

Given information:

Principal amount =$3850

Time =2 years.

Interest rate =5.25%=0.0525

Concept:

  A=p(1+rn)nt

Where

  A= Total amount

  p= Principal amount

  t= time in years.

  r= Annual interest rate.

  n=1 for compounded annually.

Calculation:

From given information

Principal amount =p=$3850

Time =2 years.

Interest rate =r=0.0525

On substituting values in above mentioned concept

We get

  A=p(1+rn)ntA=3850(1+0.05251)2(1)A=3850(1+0.0525)2A=3850(1.0525)2A=3850(1.10775625)A=$4624.86156

Therefore,

To nearest cent, Total amount =A=$4264.86

Chapter 6 Solutions

Glencoe Math Accelerated, Student Edition

Ch. 6.1 - Prob. 11GPCh. 6.1 - Prob. 12GPCh. 6.1 - Prob. 13IPCh. 6.1 - Prob. 14IPCh. 6.1 - Prob. 15IPCh. 6.1 - Prob. 16IPCh. 6.1 - Prob. 17IPCh. 6.1 - Prob. 18IPCh. 6.1 - Prob. 19IPCh. 6.1 - Prob. 20IPCh. 6.1 - Prob. 21IPCh. 6.1 - Prob. 22IPCh. 6.1 - Prob. 23IPCh. 6.1 - Prob. 24IPCh. 6.1 - Prob. 25IPCh. 6.1 - Prob. 26IPCh. 6.1 - Prob. 27IPCh. 6.1 - Prob. 28IPCh. 6.1 - Prob. 29IPCh. 6.1 - Prob. 30IPCh. 6.1 - Prob. 31IPCh. 6.1 - Prob. 32IPCh. 6.1 - Prob. 33IPCh. 6.1 - Prob. 34IPCh. 6.1 - Prob. 35IPCh. 6.1 - Prob. 36IPCh. 6.1 - Prob. 37IPCh. 6.1 - Prob. 38IPCh. 6.1 - Prob. 39IPCh. 6.1 - Prob. 40IPCh. 6.1 - Prob. 41IPCh. 6.1 - Prob. 42HPCh. 6.1 - Prob. 43HPCh. 6.1 - Prob. 44HPCh. 6.1 - Prob. 45HPCh. 6.1 - Prob. 46HPCh. 6.1 - Prob. 47HPCh. 6.1 - Prob. 48HPCh. 6.1 - Prob. 49STPCh. 6.1 - Prob. 50STPCh. 6.1 - Prob. 51STPCh. 6.1 - Prob. 52STPCh. 6.1 - Prob. 53CCRCh. 6.1 - Prob. 54CCRCh. 6.1 - Prob. 55CCRCh. 6.1 - Prob. 56CCRCh. 6.1 - Prob. 57CCRCh. 6.1 - Prob. 58CCRCh. 6.1 - Prob. 59CCRCh. 6.1 - Prob. 60CCRCh. 6.1 - Prob. 61CCRCh. 6.1 - Prob. 62CCRCh. 6.1 - Prob. 63CCRCh. 6.1 - Prob. 64CCRCh. 6.1 - Prob. 65CCRCh. 6.1 - Prob. 66CCRCh. 6.1 - Prob. 67CCRCh. 6.1 - Prob. 68CCRCh. 6.1 - Prob. 69CCRCh. 6.1 - Prob. 70CCRCh. 6.1 - Prob. 71CCRCh. 6.1 - Prob. 72CCRCh. 6.2 - Prob. 1GPCh. 6.2 - Prob. 2GPCh. 6.2 - Prob. 3GPCh. 6.2 - Prob. 4GPCh. 6.2 - Prob. 5GPCh. 6.2 - Prob. 6GPCh. 6.2 - Prob. 7GPCh. 6.2 - Prob. 8GPCh. 6.2 - Prob. 9GPCh. 6.2 - Prob. 10GPCh. 6.2 - Prob. 11GPCh. 6.2 - Prob. 12GPCh. 6.2 - Prob. 13GPCh. 6.2 - Prob. 14GPCh. 6.2 - Prob. 15GPCh. 6.2 - Prob. 16GPCh. 6.2 - Prob. 17GPCh. 6.2 - Prob. 18GPCh. 6.2 - Prob. 19GPCh. 6.2 - Prob. 20GPCh. 6.2 - Prob. 21GPCh. 6.2 - Prob. 22IPCh. 6.2 - Prob. 23IPCh. 6.2 - Prob. 24IPCh. 6.2 - Prob. 25IPCh. 6.2 - Prob. 26IPCh. 6.2 - Prob. 27IPCh. 6.2 - Prob. 28IPCh. 6.2 - Prob. 29IPCh. 6.2 - Prob. 30IPCh. 6.2 - Prob. 31IPCh. 6.2 - Prob. 32IPCh. 6.2 - Prob. 33IPCh. 6.2 - Prob. 34IPCh. 6.2 - Prob. 35IPCh. 6.2 - Prob. 36IPCh. 6.2 - Prob. 37IPCh. 6.2 - Prob. 38IPCh. 6.2 - Prob. 39IPCh. 6.2 - Prob. 40IPCh. 6.2 - Prob. 41IPCh. 6.2 - Prob. 42IPCh. 6.2 - Prob. 43IPCh. 6.2 - Prob. 44IPCh. 6.2 - Prob. 45IPCh. 6.2 - Prob. 46IPCh. 6.2 - Prob. 47IPCh. 6.2 - Prob. 48IPCh. 6.2 - Prob. 49IPCh. 6.2 - Prob. 50IPCh. 6.2 - Prob. 51IPCh. 6.2 - Prob. 52HPCh. 6.2 - Prob. 53HPCh. 6.2 - Prob. 54HPCh. 6.2 - Prob. 55HPCh. 6.2 - Prob. 56HPCh. 6.2 - Prob. 57STPCh. 6.2 - Prob. 58STPCh. 6.2 - Prob. 59STPCh. 6.2 - Prob. 60STPCh. 6.2 - Prob. 61CCRCh. 6.2 - Prob. 62CCRCh. 6.2 - Prob. 63CCRCh. 6.2 - Prob. 64CCRCh. 6.2 - Prob. 65CCRCh. 6.2 - Prob. 66CCRCh. 6.2 - Prob. 67CCRCh. 6.2 - Prob. 68CCRCh. 6.2 - Prob. 69CCRCh. 6.2 - Prob. 70CCRCh. 6.3 - Prob. 1GPCh. 6.3 - Prob. 2GPCh. 6.3 - Prob. 3GPCh. 6.3 - Prob. 4GPCh. 6.3 - Prob. 5GPCh. 6.3 - Prob. 6GPCh. 6.3 - Prob. 7GPCh. 6.3 - Prob. 8GPCh. 6.3 - Prob. 9IPCh. 6.3 - Prob. 10IPCh. 6.3 - Prob. 11IPCh. 6.3 - Prob. 12IPCh. 6.3 - Prob. 13IPCh. 6.3 - Prob. 14IPCh. 6.3 - Prob. 15IPCh. 6.3 - Prob. 16IPCh. 6.3 - Prob. 17IPCh. 6.3 - Prob. 18IPCh. 6.3 - Prob. 19IPCh. 6.3 - Prob. 20IPCh. 6.3 - Prob. 21IPCh. 6.3 - Prob. 22IPCh. 6.3 - Prob. 23IPCh. 6.3 - Prob. 24IPCh. 6.3 - Prob. 25IPCh. 6.3 - Prob. 26IPCh. 6.3 - Prob. 27IPCh. 6.3 - Prob. 28IPCh. 6.3 - Prob. 29IPCh. 6.3 - Prob. 30HPCh. 6.3 - Prob. 31HPCh. 6.3 - Prob. 32HPCh. 6.3 - Prob. 33HPCh. 6.3 - Prob. 34HPCh. 6.3 - Prob. 35STPCh. 6.3 - Prob. 36STPCh. 6.3 - Prob. 37STPCh. 6.3 - Prob. 38STPCh. 6.3 - Prob. 39CCRCh. 6.3 - Prob. 40CCRCh. 6.3 - Prob. 41CCRCh. 6.3 - Prob. 42CCRCh. 6.3 - Prob. 43CCRCh. 6.3 - Prob. 44CCRCh. 6.3 - Prob. 45CCRCh. 6.3 - Prob. 46CCRCh. 6.3 - Prob. 47CCRCh. 6.3 - Prob. 48CCRCh. 6.3 - Prob. 49CCRCh. 6.3 - Prob. 50CCRCh. 6.3 - Prob. 51CCRCh. 6.3 - Prob. 52CCRCh. 6.3 - Prob. 53CCRCh. 6.3 - Prob. 54CCRCh. 6.4 - Prob. 1GPCh. 6.4 - Prob. 2GPCh. 6.4 - Prob. 3GPCh. 6.4 - Prob. 4GPCh. 6.4 - Prob. 5GPCh. 6.4 - Prob. 6GPCh. 6.4 - Prob. 7IPCh. 6.4 - Prob. 8IPCh. 6.4 - Prob. 9IPCh. 6.4 - Prob. 10IPCh. 6.4 - Prob. 11IPCh. 6.4 - Prob. 12IPCh. 6.4 - Prob. 13IPCh. 6.4 - Prob. 14IPCh. 6.4 - Prob. 15IPCh. 6.4 - Prob. 16IPCh. 6.4 - Prob. 17IPCh. 6.4 - Prob. 18IPCh. 6.4 - Prob. 19IPCh. 6.4 - Prob. 20IPCh. 6.4 - Prob. 21IPCh. 6.4 - Prob. 22IPCh. 6.4 - Prob. 23IPCh. 6.4 - Prob. 24IPCh. 6.4 - Prob. 25IPCh. 6.4 - Prob. 26IPCh. 6.4 - Prob. 27IPCh. 6.4 - Prob. 28IPCh. 6.4 - Prob. 29IPCh. 6.4 - Prob. 30IPCh. 6.4 - Prob. 31IPCh. 6.4 - Prob. 32HPCh. 6.4 - Prob. 33HPCh. 6.4 - Prob. 34HPCh. 6.4 - Prob. 35HPCh. 6.4 - Prob. 36HPCh. 6.4 - Prob. 37STPCh. 6.4 - Prob. 38STPCh. 6.4 - Prob. 39STPCh. 6.4 - Prob. 40STPCh. 6.4 - Prob. 41CCRCh. 6.4 - Prob. 42CCRCh. 6.4 - Prob. 43CCRCh. 6.4 - Prob. 44CCRCh. 6.4 - Prob. 45CCRCh. 6.4 - Prob. 46CCRCh. 6.4 - Prob. 47CCRCh. 6.4 - Prob. 48CCRCh. 6.4 - Prob. 49CCRCh. 6.4 - Prob. 50CCRCh. 6.4 - Prob. 51CCRCh. 6.4 - Prob. 52CCRCh. 6.4 - Prob. 53CCRCh. 6.4 - Prob. 54CCRCh. 6.4 - Prob. 55CCRCh. 6.4 - Prob. 56CCRCh. 6.5 - Prob. 1GPCh. 6.5 - Prob. 2GPCh. 6.5 - Prob. 3GPCh. 6.5 - Prob. 4GPCh. 6.5 - Prob. 5GPCh. 6.5 - Prob. 6GPCh. 6.5 - Prob. 7GPCh. 6.5 - Prob. 8GPCh. 6.5 - Prob. 9GPCh. 6.5 - Prob. 10IPCh. 6.5 - Prob. 11IPCh. 6.5 - Prob. 12IPCh. 6.5 - Prob. 13IPCh. 6.5 - Prob. 14IPCh. 6.5 - Prob. 15IPCh. 6.5 - Prob. 16IPCh. 6.5 - Prob. 17IPCh. 6.5 - Prob. 18IPCh. 6.5 - Prob. 19IPCh. 6.5 - Prob. 20IPCh. 6.5 - Prob. 21IPCh. 6.5 - Prob. 22IPCh. 6.5 - Prob. 23IPCh. 6.5 - Prob. 24IPCh. 6.5 - Prob. 25IPCh. 6.5 - Prob. 26IPCh. 6.5 - Prob. 27IPCh. 6.5 - Prob. 28IPCh. 6.5 - Prob. 29IPCh. 6.5 - Prob. 30IPCh. 6.5 - Prob. 31IPCh. 6.5 - Prob. 32IPCh. 6.5 - Prob. 33IPCh. 6.5 - Prob. 34IPCh. 6.5 - Prob. 35IPCh. 6.5 - Prob. 36IPCh. 6.5 - Prob. 37IPCh. 6.5 - Prob. 38IPCh. 6.5 - Prob. 39IPCh. 6.5 - Prob. 40HPCh. 6.5 - Prob. 41HPCh. 6.5 - Prob. 42HPCh. 6.5 - Prob. 43HPCh. 6.5 - Prob. 44HPCh. 6.5 - Prob. 45HPCh. 6.5 - Prob. 46STPCh. 6.5 - Prob. 47STPCh. 6.5 - Prob. 48STPCh. 6.5 - Prob. 49STPCh. 6.5 - Prob. 50CCRCh. 6.5 - Prob. 51CCRCh. 6.5 - Prob. 52CCRCh. 6.5 - Prob. 53CCRCh. 6.5 - Prob. 54CCRCh. 6.5 - Prob. 55CCRCh. 6.5 - Prob. 56CCRCh. 6.5 - Prob. 57CCRCh. 6.5 - Prob. 58CCRCh. 6.5 - Prob. 59CCRCh. 6.5 - Prob. 60CCRCh. 6.5 - Prob. 61CCRCh. 6.5 - Prob. 62CCRCh. 6.5 - Prob. 63CCRCh. 6.5 - Prob. 64CCRCh. 6.5 - Prob. 65CCRCh. 6.5 - Prob. 66CCRCh. 6.5 - Prob. 67CCRCh. 6.5 - Prob. 68CCRCh. 6.5 - Prob. 69CCRCh. 6.5 - Prob. 70CCRCh. 6.6 - Prob. 1GPCh. 6.6 - Prob. 2GPCh. 6.6 - Prob. 3GPCh. 6.6 - Prob. 4GPCh. 6.6 - Prob. 5GPCh. 6.6 - Prob. 6GPCh. 6.6 - Prob. 7GPCh. 6.6 - Prob. 8GPCh. 6.6 - Prob. 9GPCh. 6.6 - Prob. 10IPCh. 6.6 - Prob. 11IPCh. 6.6 - Prob. 12IPCh. 6.6 - Prob. 13IPCh. 6.6 - Prob. 14IPCh. 6.6 - Prob. 15IPCh. 6.6 - Prob. 16IPCh. 6.6 - Prob. 17IPCh. 6.6 - Prob. 18IPCh. 6.6 - Prob. 19IPCh. 6.6 - Prob. 20IPCh. 6.6 - Prob. 21IPCh. 6.6 - Prob. 22IPCh. 6.6 - Prob. 23IPCh. 6.6 - Prob. 24IPCh. 6.6 - Prob. 25IPCh. 6.6 - Prob. 26IPCh. 6.6 - Prob. 27IPCh. 6.6 - Prob. 28IPCh. 6.6 - Prob. 29IPCh. 6.6 - Prob. 30IPCh. 6.6 - Prob. 31IPCh. 6.6 - Prob. 32IPCh. 6.6 - Prob. 33HPCh. 6.6 - Prob. 34HPCh. 6.6 - Prob. 35HPCh. 6.6 - Prob. 36HPCh. 6.6 - Prob. 37HPCh. 6.6 - Prob. 38STPCh. 6.6 - Prob. 39STPCh. 6.6 - Prob. 40STPCh. 6.6 - Prob. 41STPCh. 6.6 - Prob. 42CCRCh. 6.6 - Prob. 43CCRCh. 6.6 - Prob. 44CCRCh. 6.6 - Prob. 45CCRCh. 6.6 - Prob. 46CCRCh. 6.6 - Prob. 47CCRCh. 6.6 - Prob. 48CCRCh. 6.6 - Prob. 49CCRCh. 6.6 - Prob. 50CCRCh. 6.6 - Prob. 51CCRCh. 6.6 - Prob. 52CCRCh. 6.6 - Prob. 53CCRCh. 6 - Prob. 1CRCh. 6 - Prob. 2CRCh. 6 - Prob. 3CRCh. 6 - Prob. 4CRCh. 6 - Prob. 5CRCh. 6 - Prob. 6CRCh. 6 - Prob. 7CRCh. 6 - Prob. 8CRCh. 6 - Prob. 9CRCh. 6 - Prob. 10CRCh. 6 - Prob. 11CRCh. 6 - Prob. 12CRCh. 6 - Prob. 13CRCh. 6 - Prob. 14CRCh. 6 - Prob. 15CRCh. 6 - Prob. 16CRCh. 6 - Prob. 17CRCh. 6 - Prob. 18CRCh. 6 - Prob. 19CRCh. 6 - Prob. 20CRCh. 6 - Prob. 21CRCh. 6 - Prob. 22CRCh. 6 - Prob. 23CRCh. 6 - Prob. 24CRCh. 6 - Prob. 25CRCh. 6 - Prob. 26CRCh. 6 - Prob. 27CRCh. 6 - Prob. 28CRCh. 6 - Prob. 29CRCh. 6 - Prob. 30CRCh. 6 - Prob. 31CRCh. 6 - Prob. 32CRCh. 6 - Prob. 33CRCh. 6 - Prob. 34CRCh. 6 - Prob. 35CRCh. 6 - Prob. 36CRCh. 6 - Prob. 37CRCh. 6 - Prob. 38CRCh. 6 - Prob. 39CRCh. 6 - Prob. 40CRCh. 6 - Prob. 41CRCh. 6 - Prob. 42CRCh. 6 - Prob. 43CRCh. 6 - Prob. 44CRCh. 6 - Prob. 45CRCh. 6 - Prob. 46CRCh. 6 - Prob. 47CRCh. 6 - Prob. 48CRCh. 6 - Prob. 49CRCh. 6 - Prob. 50CR

Additional Math Textbook Solutions

Find more solutions based on key concepts
Knowledge Booster
Background pattern image
Calculus
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Text book image
Calculus: Early Transcendentals
Calculus
ISBN:9781285741550
Author:James Stewart
Publisher:Cengage Learning
Text book image
Thomas' Calculus (14th Edition)
Calculus
ISBN:9780134438986
Author:Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:PEARSON
Text book image
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:9780134763644
Author:William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:PEARSON
Text book image
Calculus: Early Transcendentals
Calculus
ISBN:9781319050740
Author:Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:W. H. Freeman
Text book image
Precalculus
Calculus
ISBN:9780135189405
Author:Michael Sullivan
Publisher:PEARSON
Text book image
Calculus: Early Transcendental Functions
Calculus
ISBN:9781337552516
Author:Ron Larson, Bruce H. Edwards
Publisher:Cengage Learning
Use of ALGEBRA in REAL LIFE; Author: Fast and Easy Maths !;https://www.youtube.com/watch?v=9_PbWFpvkDc;License: Standard YouTube License, CC-BY
Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=P182Abv3fOk;License: Standard YouTube License, CC-BY
Applications of Algebra (Digit, Age, Work, Clock, Mixture and Rate Problems); Author: EngineerProf PH;https://www.youtube.com/watch?v=Y8aJ_wYCS2g;License: Standard YouTube License, CC-BY