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Novay_Z [31]
1 year ago
15

Bianca deposited $1500 into asavings account for whichsimple interest is calculatedquarterly. If her $1500 grew to$1509 after 3

months, what isthe yearly interest rate onBianca's account?
Mathematics
1 answer:
Furkat [3]1 year ago
6 0

Solution:

Given;

P=1500,A=1509,t=3months=0.25year\begin{gathered} A=P(1+\frac{r}{4})^{4t} \\  \\ 1509=1500(1+\frac{r}{4})^{4(0.25)} \\  \\ \frac{1509}{1500}=1+\frac{r}{4} \\  \\ 1.006-1=\frac{r}{4} \\  \\ r=4(0.006) \\  \\ r=0.024 \end{gathered}

Thus, the yearly interest rate on Bianca's account is 2.4%

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Answer:

11.) y-int:(0,1); x-int:(1,0)

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Step-by-step explanation:

For each equation, first you have to graph it. Then to find the y-intercept, you mark and check where your line of your equation intersects the y-axis. To find the x-intercept, you mark and check where the line of your equation intersects the x-axis. The y-intercept always will have the coordinates of x=0 and the x-intercept always will have the coordinates of y=0.

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2 years ago
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Step-by-step explanation:

3 0
3 years ago
Which exponential model best represents the data? O f(x) = 3(1.2) O f(x) = 2(0.3)* O f(x) = 2(3)* O f(x) = 3(0.2)*​
aleksley [76]

The exponential model has an initial value of 3

The exponential model of the data is f(x) = 3 * (1.2)^x

<h3>How to determine  the exponential model?</h3>

From the complete question,we have the following parameters:

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The exponential model is then calculated as:

f(x) = a * (1 + r)^x

Substitute known values

f(x) = 3 * (1 + 0.2)^x

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Hence, the exponential model of the data is f(x) = 3 * (1.2)^x

Read more about exponential models at:

brainly.com/question/7296382

3 0
2 years ago
The legs of a isosceles right triangle both measure 10 inches find the length of the hypotenuse
Artist 52 [7]

Answer:

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Since the triangle is a right triangle,

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a² + b² = c²

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So; 10² + 10² = c²

c² = 100 + 100

c² = 200

c = \sqrt{200} = 14.1421356237 inches

The hypotenuse is 14.1421 inches (answer rounded off to four decimal values)

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3 years ago
Simplify: 6y + 5z + 8y – 3z
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