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scoundrel [369]
3 years ago
5

Tyler has earned money by helping out on a neighbor's farm and now wants to put his earnings in a savings account. He is a bit c

onfused on the different interest options available and how each will impact the amount he has after several years. Help Tyler better understand by showing him how his money will increase in an account that uses simple interest and one that uses compound interest over a specified period of time.
If Tyler deposits $1500 of the $3200 he has earned in an account that pays 4% interest compounded annually, how much will he have in his account after 5 years?
Mathematics
1 answer:
weeeeeb [17]3 years ago
3 0
The awnser is $1800
1500*.04*5= 1800
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Elena and Jada are 12 miles apart on a path when they start moving towards each other Elena runs at a constant speed of 5 miles
Leviafan [203]
If you really want to figure this out you make an equation to solve for the time
let's let
x = time from Elena to Jada and
x = time from Jada to Elena
12 then the equation
12 = 5x +3x
would help figuring out their distance say for one of them
12 = x(5+3)
12/8 = x
1.5 = x
1. 5 hours they will meet up
7 0
4 years ago
Read 2 more answers
Which traingle are congruent by asa
hjlf
Im pretty sure that the answer is B.
3 0
3 years ago
A rectangular prism has a length of 9 centimeters, a width of 4 centimeters, and a height of 2 centimeters.
RUDIKE [14]

Answer:

It will be 72cm

Step-by-step explanation:

Volume of a rectangular prism = (length x width x height) cubic units.

9x4x2=72

5 0
3 years ago
76. Currently, your savings for each month is capped at $400. If you start investing all of this into a savings plan earning 1%
Alexxandr [17]

Answer:

10 years and 10 months.

Step-by-step explanation:

The annually interest rate (ia) can be converted by monthly (im) by the equation:

(1 + im)¹² = 1 + ia

(1 + im)¹² = 1 +0.01

(1 + im)¹² = 1.001 (putting ln in both sides)

ln(1 + im)¹² = ln1.001

12*ln(1 + im) = 1.0x10⁻³

ln(1 + im) = 8.33x10⁻⁵(applying "e in both sides)

e^{ln(1 + im)} = e^{8.33x10^{-5}}

1 + im = 1.00083

im = 0.00083 = 0.083%

For a investimenting, the final amount (A) can be calculated by:

A = R*(\frac{(1+i)^n-1}{i} )

Where R is the amount invested per month, i is the interest, and n the number of months:

160000 = 400 *\frac{(1 +0.00083)^n - 1}{0.00083}

\frac{(1 +0.00083)^n - 1}{0.00083} = 400

1.00083ⁿ - 1 = 0.332

1.00083ⁿ = 1.332 (applying ln in both sides)

n*ln1.00083 = ln1.332

8.3x10⁻⁴n = 0.2867

n = 345.4 months

345.4 months *1 yea12 months = 10 years and 10 months.

7 0
3 years ago
Read 2 more answers
Which ordered pairs are solutions to the inequality y - 3x < -8?
7nadin3 [17]

Answer:

Option B,C and E are solution to given inequality y - 3x < -8

Step-by-step explanation:

We need to check which ordered pairs from given options satisfy the inequality y - 3x < -8

Ordered pairs are solutions to inequality if they satisfy the inequality

Checking each options by pitting values of x and y in given inequality

A ) (1, -5)

-5-3(1)

So, this ordered pair is not the solution of inequality as it doesn't satisfy the inequality.

B) (-3, - 2)

-2-3(-3) < -8\\-2-9

So, this ordered pair is solution of inequality as it satisfies the inequality.

C) (0, -9)

-9-3(0)

So, this ordered pair is solution of inequality as it satisfies the inequality.

D) (2, -1)

-1-3(2)

So, this ordered pair is not the solution of inequality as it doesn't satisfy the inequality.

E) (5, 4)​​​

4-3(5)

So, this ordered pair is solution of inequality as it satisfies the inequality.

So, Option B,C and E are solution to given inequality y - 3x < -8

6 0
3 years ago
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