1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alika [10]
2 years ago
5

How much would you need to deposit in an account now in order to have $6000 in the account in 5 years? Assume the account earns

8% interest compounded daily.
Mathematics
1 answer:
Darya [45]2 years ago
7 0

Answer:

$\frac{6000\cdot \:365^{1825}}{365.08^{1825}}

Step-by-step explanation:

x(1+.\frac{.08}{365})^{5\cdot \:365} =6000

x\frac{365.08^{1825}}{365^{1825}}=6000

x\frac{365.08^{1825}}{365^{1825}}\cdot \:365^{1825}=6000\cdot \:365^{1825};\quad \ne \mathrm{True}

365.08^{1825}x=6000\cdot \:365^{1825};\quad \ne \mathrm{True}

\frac{365.08^{1825}x}{365.08^{1825}}=\frac{6000\cdot \:365^{1825}}{365.08^{1825}};\quad \ne \mathrm{True}

x=\frac{6000\cdot \:365^{1825}}{365.08^{1825}};\quad \ne \mathrm{True}

you cannot simplify further because of the high exponents

It is simply extremely hard to do compound interest problems backwards if it gets compounded daily

Mark brainliest please!

You might be interested in
What is the equation -7+82
scoundrel [369]

Answer:

75

Step-by-step explanation:

If you flip the numbers around then all you have to do is 82-7 and when you do this then you get 75 which is the answer

5 0
3 years ago
Read 2 more answers
51×59 evaluate and answer​
Neporo4naja [7]
51 multiply by 59 is 3009
8 0
2 years ago
Read 2 more answers
?/100 + 3/? = 2/? + ?/10 = 5/10
KatRina [158]
So we're looking for the top half of a fraction. They all appear to equal to 5/10, which is 1/2. Whatever is 1/2 of the denominator (or twice the numerator) is our answer.
?/100; 1/2 of 100 is 50, that answer is 50/100.
3/?; 3 is 1/2 of the denominator, multiply by 2.
3/6.
2/?; multiply by 2. 2/4.
?/10; divide by 2, 5/10.
Hope this helps!
7 0
3 years ago
Read 2 more answers
Simplify I-5I + I6I<br> HELPP FASTT PLEASE ITS A TESTTTTTTTT!!!!!!!!!
Deffense [45]

Answer:

Answer is 11

Step-by-step explanation:

|-5| +|6|

= 5 + 6

=11

7 0
2 years ago
given which of the following describes the boundary line and shading for the second inequality in the system
11Alexandr11 [23.1K]

Answer:

Solid Line, Shade Above

Explanation:

Given:

\left\{\begin{array}{l}&#10;y

The second inequality in the system is:

y\geq x-4

The intercepts of the boundary line (y=x-4) are (0, -4) and (4,0).

Since the inequality has an equal to sign attached, we use a solid line.

At (0,0)

\begin{gathered} y\geq x-4 \\ 0\geq-4 \end{gathered}

Since the inequality 0≥-4 is true, shade the side that contains (0, 0) as shown in the graph below:

So, we use a solid line and shade above the boundary line.

8 0
1 year ago
Other questions:
  • Find the factors of 42 prime or composite
    15·2 answers
  • HELP PLEASEEE !!!!!!!!!!!!
    14·2 answers
  • What would you want to add algebraic expressions? How do properties of operations help you add expressions?
    10·1 answer
  • How many sides angles and vertices does a rectangular prism have?
    13·1 answer
  • Find the slope of the line.<br><br><br>A -2<br><br>B 2<br><br>C -1/2<br><br>D 1/2
    15·1 answer
  • First answer get brainliest
    12·1 answer
  • Find the area of a circle with a diameter of \color{green}{6}6start color green, 6, end color green.
    5·1 answer
  • Factor <img src="https://tex.z-dn.net/?f=x%5E2-2x%2B3" id="TexFormula1" title="x^2-2x+3" alt="x^2-2x+3" align="absmiddle" class=
    8·2 answers
  • Antonio completed the right column of the table to help him find the sum of 2/9 and 1/5.
    11·1 answer
  • A school system is reducing the amount of dumpster loads of trash removed each week. In week 5, there were 45 dumpster loads of
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!