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brilliants [131]
2 years ago
12

How much money would a person have 8 years after they invested $2,000 into an account that has an annual interest rate of 3% tha

t compounds every other month?
Mathematics
1 answer:
madam [21]2 years ago
4 0

The amount of money the person would have in 8 years s $2541.74.

<h3>How much would the person have in 8 years? </h3>

The formula for calculating future value is:

FV = P (1 + r)^nm]

Where:

FV = Future value
  • P = Present value = $2000
  • R = interest rate = 3% / 12 = 0.25%
  • m = number of compounding = 12
  • N = number of years = 8 years

Value of the account in 8 years with monthly compounding = $2000(1.0025)^(12 x 8) = $2541.74

To learn more about future value, please check: brainly.com/question/18760477

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Write two expressions where the solution is 41.
ladessa [460]

One expression could be.... Nine times 4 plus five equals forty one. ALSO...  Eight times eight equals sixty four then subtract twenty four equals forty one
8 0
4 years ago
Find a ⋅ b.<br><br> a = &lt;5, 2&gt;, b = &lt;4, 5&gt;
mariarad [96]

Answer:

The answer is 30  

Step-by-step explanation:

To get a.b  

For a = <wa, za> and b = <wb, zb>, the dot product represents multiplication sign.

We say,  

 a•b = (wa)(wb) + (za)(zb)

The next step is to substitute the given information into the above equation we generated.

Then we say,  

 a•b = 5•4 + 2•5

 a.b = 20 + 10

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The answer is 30  

7 0
4 years ago
If f(x) = 5x, what is y(x)?
Snezhnost [94]

Answer:

Step-by-step explanation:

y(x) and f(x) are similar in meaning; they both state that the dependent variable is a function of the independent variable x.

f(x) = 5x = y(x).

8 0
3 years ago
13. Find the measure of ZABC. Show your work.<br>​
ale4655 [162]

Answer:

47°

Step-by-step explanation:

In the picture attached, the problem is shown.

When two secants intersect at a point, the angle made is one-half of the difference between the greater arc and the minor arc formed. In this case:

∠ABC = 1/2*(arc DE - arc AC)

Replacing with data from the picture:

∠ABC = 1/2*(142° - 48°)

∠ABC = 47°

6 0
3 years ago
I need help with this
zhuklara [117]

Answer:

A

Step-by-step explanation:

ok, without reading through any of the answers lets see what we can get just from looking at that picture.

We can see that the angles being bisected are on a straight line.

A straight line is 180 degrees.

We know that you have to add both angles together to get 180.

The answer has to equal 180.

A is the only option that offers that.

3 0
3 years ago
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