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kolbaska11 [484]
4 years ago
9

John made a lump sum deposit of $ 6,300 in an account that pays 6.5% per year. Find

Mathematics
1 answer:
PSYCHO15rus [73]4 years ago
4 0

Answer:  $8,347.50 is the value of his account after five years.

Interest is $409.50 per year.

Total amount of interest paid is $2,047.50.

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The sum of a number and it's reciprocal is 2 1/30 find the number
Marina86 [1]
Hopefully you are able to clearly see the steps I have taken toward solving this problem in the attachment. In case you have trouble understanding what a reciprocal is, the reciprocal of a number is simply the number flipped. So, if you are given 1/2 and asked what the reciprocal is, it would be 2/1, or just 2. That being said, if you are given a whole number, simply remember that a whole number is ALWAYS equal to itself over one. So, in this case, the "sum of a number and its reciprocal" would be n + 1/n

8 0
3 years ago
Please help I do not know how to do right answer only.
lorasvet [3.4K]
Answer: X=100
Good luck
8 0
3 years ago
Last month you had 8 wins while playing fortnight. This month you had 5. What was your percent of change?
Dominik [7]

Answer:

%62.5

Step-by-step explanation:

Im pretty sure you jsut divide 5/8 and then multiply by 100 to get a percent

5/8=.625

.625*100=62.5

%62.5

3 0
3 years ago
Find the midpoint of the line segment with the given endpoints (2,4), (1,-3)
RUDIKE [14]

Answer:

(7,0)

Step-by-step explanation:

8 0
4 years ago
Melanie invested $3800 in an account paying in interest rate of 2 3/8% compounded quarterly Sebastian invested $3800 in an accou
nekit [7.7K]

Answer:

$317

Step-by-step explanation:

Formula for compound interest is;

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

For melanie;

P = $3800

r = 2⅜% = 0.02375

n = 12/4 = 3

t = 16 years

Thus;

A = 3800(1 + (0.02375/3))^(3 × 16))

A ≈ $5548

For Sébastien;

P = $3800

r = 2¾% = 0.0275

n = 12

t = 16

Thus;

A = 3800(1 + (0.0275/12))^(12 × 16))

A ≈ 5865

Difference between Sébastien and Melanie's final amount = $5865 - $5548 = $317

6 0
3 years ago
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