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lutik1710 [3]
3 years ago
12

1. An investment of $2000 earns 5.75% interest, which is compounded quarterly. After

Mathematics
2 answers:
Reika [66]3 years ago
5 0

Answer:

Two years investment will bring about $3,000

Step-by-step explanation:

Kindly check the attached picture for the workings.

kozerog [31]3 years ago
5 0

Answer:

After 7.1 years

Step-by-step explanation:

The compound interest formula is given by:

A(t) = P(1 + \frac{r}{n})^{nt}

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit year and t is the time in years for which the money is invested or borrowed.

In this question:

We have to find t, for which A(t) = 3000 when P = 2000, r = 0.0575, n = 4

So

A(t) = P(1 + \frac{r}{n})^{nt}

3000 = 2000(1 + \frac{0.0575}{4})^{4t}

(1.014375)^{4t} = \frac{3000}{2000}

(1.014375)^{4t} = 1.5

\log{(1.014375)^{4t}} = \log{1.5}

4t\log{1.014375} = \log{1.5}

t = \frac{\log{1.5}}{4\log{1.014375}}

t = 7.1

After 7.1 years

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Dima020 [189]
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6.<br> 1<br> 68<br> 61<br> 2<br> m21 =<br> 3<br> m22= <br> m23 -
Advocard [28]

1 = 51

2= 61

3= 29

Step-by-step explanation:

1) 61+68= 129

180-129= 51

2) 61 is across it so they have the same number

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6 0
3 years ago
heather has divided $6300 between two invesments, one paying 9%, the other paying 4%. If the return on her investment is $372, h
Ganezh [65]
Assuming that the two investments are  X & Y
X + Y = 6300
X = 6300 - Y                                       (1)

9/100X + 4/100 Y = 372                       (2)
replacing X from (1) into (2)
9/100(6300-Y) + 4/100 Y = 372
567 - 9/100Y +4/100Y = 372
(-9+4)/100Y = 372 - 567
5/100Y = -195
Y = 100*195/5 = 3900
From (1) we can get X
X = 6300 - 3900 = 2400

I hope this is helpful 



6 0
3 years ago
What is the value of x
Shtirlitz [24]

Answer:

72

Step-by-step explanation:

72 since it has to opposite parall sides

3 0
3 years ago
Read 2 more answers
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