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weqwewe [10]
2 years ago
14

What principal will amount to $3000 if invested at 3% interest compounded

Mathematics
1 answer:
MakcuM [25]2 years ago
4 0

Answer: $2227.41

Step-by-step explanation:

A = P(1 + r/n)^nt

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Suppose you invest $16000 at 9% interest and that it is compounded daily. How much will you have in 8 years?
kramer

Answer:

The amount after 8 years is $ 16,031.579

Step-by-step explanation:

Given as :

The Principal invested = $ 16000

The rate of interest compounded daily = 9 %

The time period = 8 years

Let The amount after 8 years = $ A

<u>From Compounded method </u>

Amount = Principal invested × (1+\dfrac{\textrm Rate}{365\times 100})^{365\times \textrm Time}

Or, Amount = 16000 × (1+\dfrac{\textrm 9}{365\times 100})^{365\times \textrm 8}

Or, Amount = 16000 × (1.0002465)^{8}

∴  Amount = $ 16,031.579

Hence The amount after 8 years is $ 16,031.579   Answer

4 0
3 years ago
Helppp !! what is the domain of the function shown in the table?
Ugo [173]

Answer:

D is the correct answer i think

Step-by-step explanation:

8 0
2 years ago
40 is 50 percent of which number
FinnZ [79.3K]

Answer:

80

Step-by-step explanation:

80 divided by 1/2 = 40 therefore 40 is  50% of 80

4 0
3 years ago
How do you use a strategy of 30%of 900?
Julli [10]

Answer: 2 7 0

Step-by-step explanation:

1. We assume, that the number 900 is 100% - because it's the output value of the task.

2. We assume, that x is the value we are looking for.

3. If 900 is 100%, so we can write it down as 900=100%.

4. We know, that x is 30% of the output value, so we can write it down as x=30%.

5. Now we have two simple equations:

1) 900=100%

2) x=30%

where left sides of both of them have the same units, and both right sides have the same units, so we can do something like that:

900/x=100%/30%

6. Now we just have to solve the simple equation, and we will get the solution we are looking for.

7. Solution for what is 30% of 900

900/x=100/30

(900/x)*x=(100/30)*x       - we multiply both sides of the equation by x

900=3.33333333333*x       - we divide both sides of the equation by (3.33333333333) to get x

900/3.33333333333=x

270=x

x=270

now we have:

30% of 900=270

3 0
3 years ago
Giving brainlist to whoever answers
maxonik [38]

Answer: should be x> -18

Step-by-step explanation: hope this helps

6 0
2 years ago
Read 2 more answers
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