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vlada-n [284]
2 years ago
13

If a person lnvests $120 at 8% annual interest, find the approximate value of the investment at the end of 5 years

Mathematics
1 answer:
Pie2 years ago
6 0

Answer:

$176.3193692 or $176.32 (rounded to two decimal places)

Step-by-step explanation:

It is a compound interest, which means the interest accumulates on an initial amount each period.

The formula is A=P(1+R)^n

A= the total amount P=initial amount      R=rate   n=time (years)

P=$120   Rate= 8% or 0.08 (decimal)  n=5 (years)

A=120 (1+0.08)^2

A=120 (1.469328077)

A= 176.3193692

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Hey plsss help meeeeee
nalin [4]

Answer:

The first, third, and fourth answer choices represent a function.

Step-by-step explanation:

A relation is a relationship between sets of values. The two quantities that are being related to each other are the input (x-variable) and the output (y-variable). But relations in general aren't always a good way to relate between x and y.

Say that I have situation where I want to give <em>x </em>dollars to the cashier so he can change them to <em>y</em> quarters. Here is a "example" of the relation:

Dollars (x) | Quarters (y)            

----------------------------------              

       0       |          0                      

        1       |          4                      

       2       |          8

       2       |          12

Do you see something wrong here? Yes! We all know that you can't exchange 2 dollars for 12 quarters. You can only exchange 2 dollars for 8 quarters and only 8 quarters. This is a general reason why we don't rely on general relations for real-life situations. One x-variable does not exactly map to one and only one y-variable.

However, a relation that can map one x-variable to one and only one y-variable is known as a function. Let's make the above example an actual function to prove a point:

Dollars (x) | Quarters (y)            

----------------------------------              

       0       |          0                      

        1       |          4                      

       2       |          8

       3       |          12

Now, the 3 dollars make 12 quarters as it should. This is how a function should look like.

There are two ways to check if a relation is a function. On a relation, table, or a set of ordered pairs, you have to make sure there is no "x-variable" that repeats. All x-values of a relation have to be unique in order to be a function. On a graph, you can also perform the Vertical Line Test. If you draw vertical lines over a relation and if the lines cross only once, then it is a function. If not, it fails the Vertical Line Test.

So to answer you're question, the first, third, and fourth choices are functions because they all have unique x-variables. The second choice is not a function because it fails the Vertical Line Test.

7 0
3 years ago
Add​​ using a number line.<br><br>-2 + 4<br><br>5__ 5
pogonyaev

Answer: i.. do.... not... know..

Step-by-step explanation:

6 0
2 years ago
Sage has 3 strip-mats, 3 mats, and 2 units. Tristan has 2 mats, 8 strips, and 5 units. Andre had twice as many strip-mats, mats,
sladkih [1.3K]

The question is an illustration of equivalent equations.

<em>There are 11 units in all</em>

The given parameters are:

<u>Sage</u>

\mathbf{Strip-mat = 3}

\mathbf{Mat = 3}

\mathbf{Units = 2}

<u>Tristan</u>

\mathbf{Strip-mat = 8}

\mathbf{Mat = 2}

\mathbf{Units = 5}

Andre has twice of what Sage has

So, the total unit is:

\mathbf{Total = Sage + Tristan + Andre}

<em>Sage has 2 units</em>

<em>Tristan has 5 units</em>

<em />

Because, Andre has twice of what <em>Sage has,</em>

Andre's number of units would be 4

So, we have:

\mathbf{Total = 2 +5 + 4}

\mathbf{Total = 11}

Hence, there are 11 units in all

Read more about equivalent equations at:

brainly.com/question/18720297

7 0
3 years ago
How many five digit odd numbers are possible if the leftmost digit cannot be zero?
blagie [28]

Answer:

45000 five digit odd numbers are possible if the leftmost digit cannot be zero.

Step-by-step explanation:

Pls mark the brainliest

6 0
3 years ago
A $6,300.00 principle earns 6% interest, compounded annually. After 3 years, what is the balance in the amount?
MrRissso [65]
 heres your answer amount = 6300(1.06)^3 
<span>= 7503.40 </span>
3 0
3 years ago
Read 2 more answers
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