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7 months ago

Hi I need help with this homework so I can get a good grade on the test

Mathematics

1 answer:

Luda [366]7 months ago

6 0

The answers are indeed nx and m.

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$6000 are invested in a bank account at an interest rate of 10 percent per year.

Licemer1 [7]

The amount for the investment of $6000 will be a.$6369 b. $6090 and c.$6030.

<h3>What is compound interest?</h3>

Compound interest is the interest levied on the interest. The formula for the calculation of compound interest is given as:-

$A=P[1+\dfrac{r}{n}]^{nt}$

a) The amount in the bank after 6 years if interest is compounded annually.

$A=P[1+\dfrac{r}{1}]^{t}\\\\\\A=6000[1+\dfrac{0.01}{1}]^{ 6}$

A= $6369

b) The amount in the bank after 6 years if interest is compounded quarterly.

$A=P[1+\dfrac{r}{4}]^{4t}\\\\\\A=6000[1+\dfrac{0.01}{4}]^{4\times 6}$

A= $6090

c ) The amount in the bank after 6 years if interest is compounded monthly.

$A=P[1+\dfrac{r}{12}]^{4t}\\\\\\A=6000[1+\dfrac{0.01}{12}]^{12\times 6}$

A=$6030

Hence the amount for the investment of $6000 will be a.$6369 b. $6090 and c.$6030.

To know more about Compound interest follow

brainly.com/question/24924853

#SPJ1

7 0

2 years ago

I just need the straight up answer lolol

Licemer1 [7]

The correct answer is -5

8 0

3 years ago

You buy a game for $40 , and the sales tax is $2 . What percent of the game price are you paying in sales tax? 4% 5% 8% 20%

valina [46]

The answer of your question is 5% <span />

4 0

3 years ago

Karen wants to estimate the mean number of siblings for each student in her school. She records the number of siblings for each

Tamiku [17]

The sample is 200 randomly selected students.

The following things should be considered:

Let us assume the no of siblings for each student be x.
Now for determining the mean no of siblings she choose 200 students.

So, here the sample should be 200 randomly selected students.

Therefore the other options should be incorrect.

Thus we can conclude that the sample is 200 randomly selected students.

Learn more about the sample here: brainly.com/question/13287171

5 0

2 years ago

D. Calculate the volume of Laurel's new box. Show your thinking clearly.

bezimeni [28]

The correct answer is 336 cubic inches.
6•8•5=240
9-5=4
4•6/2=12
12•8=96
240+96=336

6 0

2 years ago