Connie invested $3,250 in a regular savings account thatpaid compound interest at a rate of 7.5% per year, compounded monthly. how much was her investment worthin five years? $14,625$1,218.75$4,468.75$243.75$4, 723.21

$4,723.21​

Step-by-step explanation:

Formula for COMPOUND INTEREST:

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

Where A = principal money + interest earned,

P = Principal Money

r = interest rate in decmial

n = no. of times i.rate is compounded

nt = time

Since the qns asked to be compounded /monthly', you have the following formula:

A = 3250 ( 1 + 7.5%/12) ^ 60

7.5% is a yearly rate so divide it by 12 (as in 12 months)

60 = 5 years x 12 months

so use a calculator and you'll get $4723.206, round off and it's $4723.21

answer: for each 3 girls there is 2 boys . 3: 2

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rick has $1400 and sally has $1500

step-by-step explanation:

to find amount of money rick has after 10 years :

principal = $1000 , time = 10 years , rate = 4% annually

to find amount of money sally has after 10 years :

her friend gives to pay her $50 per year, therefore money she has after 10 years = 50 × 10 = $500

also, sally gets $1000 after 10 years,

therefore, total amount of money sally has after 10 years = 500 + 1000 = $1500

so, after 10 years : rick has $1400 and sally has $1500