1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Basile [38]
3 years ago
10

9.

Mathematics
1 answer:
myrzilka [38]3 years ago
5 0
Using <span>Compound interest formula:
</span>
<span><span>The exponential function for calculating the amount of money after <span>t <span>years, <span>A<span>(<span>t<span>), where<span> P <span>is the initial amount or principal, the annual interest rate is <span>r <span>and the number of times<span> interest is compounded per year is <span>n, is given by</span>
</span></span></span></span></span></span></span></span></span></span></span></span>A(t) = p(1+ \frac{r}{n} )^{nt}

</span><span>from the given information:
p = 1,380 , r = 0.05 , t =3  and </span><span>compounded daily ⇒⇒⇒ n =365

Amount after 3 years = </span>
<span>A(t) = 1380(1+ \frac{0.05}{365} )^{365*3} = 1,603.315


</span>


You might be interested in
Jason is purchasing a ping-pong table. The regular price is $126. It is on a sale at a 25% discount. What will the cost be bef
True [87]

Answer:

$94.50

Step-by-step explanation:

you saved $31.50

3 0
3 years ago
Eighty less than three times a number?
Ivan

Answer:

30 x 3 - 80 is 10

Step-by-step explanation:

5 0
2 years ago
Read 2 more answers
The radius of a circle is 4 1/2 inches. What is the circles circumference in terms of 3.14 (pie)
DerKrebs [107]
The circumference of a circle can be found using the equation 2 π r

(2)(3.14)(4.5) = 28.26   (or 28 13/50 if you need it in fractions)
3 0
3 years ago
Solve for X. Round to the nearest tenth of a degree, if necessary.
DerKrebs [107]
The answer is x=52.6
5 0
3 years ago
What is the equation of the line
ohaa [14]
The equation of the line is y = (1/2)x + 2
6 0
3 years ago
Other questions:
  • What is the denominator of 13 over 107 in simplest form
    6·1 answer
  • How many times does twenty go into 13.0
    14·2 answers
  • Solve. s – 6 &lt; 24 {s | s &lt; 6} {s | s &lt; 10} {s | s &lt; 54} {s | s &lt; 90}
    12·2 answers
  • A well-known bank credit card firm wishes to estimate the proportion of credit card holders who carry a nonzero balance at the e
    15·1 answer
  • Name a pair of supplementary angles
    9·2 answers
  • Can someone help finds the area of this figure
    10·1 answer
  • Help please !!!! !!!!!
    13·1 answer
  • Find the slope of the line graph below?
    6·2 answers
  • Solve 5p(2p - 3)(p + 7) = 0.<br> p=___, p=____, p=_____
    15·1 answer
  • Triangle JKL is similar to triangle PQR, find t. The sides of JKL measures
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!