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satela [25.4K]
3 years ago
12

Find principle amount that will grow to $25,000 if interest is 3.2% compounded monthly for 3 years?

Mathematics
2 answers:
matrenka [14]3 years ago
8 0

Answer:

$260,416

Step-by-step explanation:

$25,000/(0.032*3)= $260,416

Elis [28]3 years ago
6 0

Answer:

$22745 for the initial principal

Step-by-step explanation:

For compound interest for 3 years

P (principal) x (1 + r (interest rate))³ = 25000

P = 25000 / (1 + 0.032)³ = 22745

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2 years ago
The original price p of an item less a discount of 15%
Snowcat [4.5K]
P-.15p this is the expression for cost after discount

and its just .15p for just the discount

7 0
2 years ago
Read 2 more answers
Find the value of sec(theta°)cos(theta°) for the following values of theta. <br> b. theta = 225
Nesterboy [21]

Answer:

sec(theta°)cos(theta°) = 1  

Step-by-step explanation:

given data

(theta°) = 225

to find out

sec(theta°)cos(theta°)

solution

as we know that given equation

(theta°) = 225

cos(theta°) will be

cos(225°) = -0.7071      .................................1

so we know

sec(theta°) = \frac{1}{cos(theta)}      ..............2

so put here value of cos(theta°)

sec(theta°) = \frac{1}{-0.7071}

sec(theta°) = - 1.4142

so

sec(theta°)cos(theta°) = -0.7071  × ( - 1.4142 )

sec(theta°)cos(theta°) = 1

so answer is sec(theta°)cos(theta°) = 1  

8 0
3 years ago
The elevation of city A is 60 feet above sea level; the elevation of city C is 12 feet above sea level. The elevation of city D
Likurg_2 [28]

A) 1/2*12 = 6 ft above sea level

B) Because City D is 1/2 of 6, it cannot be negative because we are not multiplying anything by a negative number.

3 0
3 years ago
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You need to buy some chicken for dinner tonight. You found an ad showing that the store across town has it on sale for $2.89 a p
ASHA 777 [7]

Answer:

   1. Going to the close store is cheaper.

Step-by-step explanation:

The difference in the prices of chicken is 3.19 -2.89 = 0.30 per pound, so for 5 pounds of chicken, the far store offers a price that totals 5×$0.30 = $1.50 less.

The difference in travel distances is 8.4 -2.4 = 6 miles, so the total round-trip distance difference is 12 miles. The cost of gas is ...

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so the cost of gas for the 12-mile longer trip would be

  12×$0.1656 ≈ $1.99

Traveling to the far store, you would spend $1.99 more on gas to save $1.50 on the price of chicken. Going to the close store is cheaper.

3 0
3 years ago
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