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nydimaria [60]
3 years ago
9

Find the balance in the account after the given period. ​$2000 principal earning 6​% compounded​ annually, for 8 years. The bala

nce after 8 years will be ​$__?
Mathematics
2 answers:
Harman [31]3 years ago
8 0
Do 2000 divided by 8 than divided that by 6%
Alja [10]3 years ago
4 0
For this case we use the following formula:
 P (t) = P (1 + r / n) ^ (n * t)
 Substituting values we have:
 P (8) = 2000 * (1 + 0.06 / 1) ^ (1 * 8)
 P (8) = 3187.696149
 Rounding off we have:
 P (8) = 3187.7 $
 Answer:
 
The balance after 8 years will be $ 3187.7
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The housing market has recovered slowly from the economic crisis of 2008.​ Recently, in one large​ community, realtors randomly
Gwar [14]

Answer:

Step-by-step explanation:

Given that the housing market has recovered slowly from the economic crisis of 2008.​ Recently, in one large​ community, realtors randomly sampled 38 bids from potential buyers to estimate the average loss in home value.

s = sample std deviation = 3000

Sample mean = 9379

Sample size n = 38

df = 37

Std error of sample mean = \frac{s}{\sqrt{n} } \\=486.66

confidence interval 95% = Mean ± t critical * std error

=Mean ±1.687*486.66 = Mean ±821.003

=(8557.997, 10200.003)

a) If std deviation changes to 9000 instead of 3000, margin of error becomes 3 times

Hence 2463.008

b) The more the std deviation the more the width of confidence interval.

3 0
3 years ago
Solve for x <br> 5(x-10)=30-15x
timofeeve [1]

Answer:

solution :

    x = 4

Rearrange:

Rearrange the equation by subtracting what is to the right of the equal sign from both sides of the equation :

                    5*(x-10)-(30-15*x)=0

Step by step solution :

Step  1  :

Equation at the end of step  1  :

 5 • (x - 10) -  (30 - 15x)  = 0

Step  2  :

Step  3  :

Pulling out like terms :

3.1     Pull out like factors :

  20x - 80  =   20 • (x - 4)

Equation at the end of step  3  :

 20 • (x - 4)  = 0

Step  4  :

Equations which are never true :

4.1      Solve :    20   =  0

Step-by-step explanation:

4 0
3 years ago
HELP: Of 580 students in a high school graduating class 45% are planning to go to college. How many of the graduates are plannin
Rina8888 [55]

Answer:

261 of the graduates are planning to go to college.

Step-by-step explanation:

This is a proportion question.

x         45

___ = ___

580    100

First do 45 x 580 = 26,100

Then divide by 100 to get 261.

6 0
2 years ago
Read 2 more answers
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klio [65]

Answer:56Step-by-step explanation:

its the miles shes walked

6 0
3 years ago
Hamzah's soccer team is trying to raise $620 to travel to a tournament in Florida, so they decided to host a pancake breakfast.
Kobotan [32]

Answer:

31 people

Step-by-step explanation:

Hamzah soccer team is trying to raise the amount of $620 to travel to a tournament in Florida

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Therefore the amount of people needed to attend the breakfast to raise $620 can be calculated as follows

= 620/20

= 31

Hence 31 people need to be in attendance inorder to raise $620

5 0
3 years ago
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