Suppose you invest $3500 at annual interest rate of 2.5 % How much money do you have in the account after five years? Round two decimal places.

compounded monthly $

compounded weekly $

Please check the explanation.

Step-by-step explanation:

To find the amount we use the formula:

Here:

A = total amount

P = principal or amount of money deposited,

r = annual interest rate

n = number of times compounded per year

t = time in years

Given

P=$3500

r=2.5%

n=12

t = 5 years

Calculating compounded monthly

After plugging in the values

Thus, If you deposit $3500 into an account paying 2.5% annual interest compounded monthly, you will have $3959.93 after five years.

Calculating compounded weekly

n = 52

A = 3,965.90

Thus, If you deposit $2000 into an account paying 4.5% annual interest compounded weekly, you will have $3,965.90  after five years.

y < -3

step-by-step explanation:

-3y - 2 > 7

-3y -2 + 2 > 7+2

-3y > 9

-3y/-3 < 9/-3   (change the inequality sign when multiplying or dividing by a negative number)

y < -3

13.46

step-by-step explanation:

16.80 x .20 = 13.46