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Mandarinka [93]
3 years ago
5

Damon's father started a college fund on Damon's 8th birthday. He deposited $7500 into a CD (certificate of credit) that yields

at interest rate of 0.23% compounded annually. How much money will the CD be worth when Damon turns 18 years old?
Mathematics
1 answer:
algol133 years ago
4 0

Answer:

7672.50

Step-by-step explanation:

7500×0.23%=17.25

17.25×10=172.50

7500+172.50=7672.50

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One survey estimates that,on average, the retail value of a mid sized car decreases by8% annually.if the retail value of a car i
Scrat [10]
Percentage by which the average value of mid sized car decreases each year = 8%
Retail value of a car today = v dollars
Amount of decrease in the value of the car after 1 year = (8/100) * v
                                                                                         = 2v/25 dollars
Then
The equation that represents the value of the car after 1 year = v - (2v/25) dollars
                                                                                                   = (25v - 2v)/25 dollars
                                                                                                   = 23v/25 dollars
So following this expression the value of the mid sized car can be easily determined after 1 year. I hope this is the answer you were looking for and the procedure is also clear to you.
5 0
3 years ago
Read 2 more answers
a car travels along a straight road heading east for one hour, then traveling for 30 minutes on another road that leads northeas
My name is Ann [436]

Answer:

55.96 miles

Step-by-step explanation:

Distance = Speed X time

Car first moved east for 1 hr , distance = 40 x 1 = 40 miles

Car then moved north-east for 30 min, distance = 40 x 0.5 = 20 miles

From trigonometry,

sin 45 = \frac{y}{20} ; y = 20 sin 45 ; y= 14.14 miles

cos 45 = \frac{x}{20} ; x = 20 cos 45 ; x = 14.14 miles

using Pythagoras theorem;

z^{2} = y^{2} + (40+x)^{2}

    = 14.14^{2} + (40+14.14)^{2}

     = 3131.08

z^{2} = \sqrt{3131.08}

z = 55.96 miles

6 0
3 years ago
The product of a number and 4 increased by 16 is -2
Art [367]
The answer is -4.5

To solve these types of problems it's best to work backwards.
-2 - 16 = -18
4 x (n) = -18
n = -18/4
n = -4.5

3 0
3 years ago
On average during the summer, a 30,000 cubic foot house costs $7 per day to cool, while a 25,000 cubic foot house costs $6.50 pe
Ber [7]

The house with 30000 cubic foot costs less to cool per cubic foot than the house with 25000 cubic foot.

Step-by-step explanation:

The cost of cooling 30000 cubic foot house = $7

Cost per cubic foot = 7/30000

=$0.00023

The cost of cooling 25000 cubic foot house= $6.50

Cost per cubic foot=6.50/25000

= $0.00026

The house with 30000 cubic foot costs less to cool per cubic foot than the house with 25000 cubic foot.

3 0
3 years ago
A pole that is 3.1m tall casts a shadow that is 1.29m long. At the same time, a nearby building casts a shadow that is 44.75m lo
Mkey [24]
Let b=height of building.   By similar triangles we can say:

b/44.75=3.1/1.29

b=44.75*3.1/1.29

b≈107.54

b≈108 meters  (to the nearest whole meter)
8 0
3 years ago
Read 2 more answers
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