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dusya [7]
3 years ago
7

Suppose that you invest $3,000 at 6% interest, compound quarterly, for 5 years. use Table 11-1 to calculate the compound interes

t (in $) on your investment.

Mathematics
1 answer:
marishachu [46]3 years ago
5 0

Answer:

Year Year Interest Total Interest Balance

1 $184.09 $184.09 $3,184.09

2 $195.39 $379.48 $3,379.48

3 $207.38 $586.85 $3,586.85

4 $220.10 $806.96 $3,806.96

5 $233.61 $1,040.57 $4,040.57

Step-by-step explanation:

Base amount: $3,000.00

Interest Rate: 6% (yearly)

Effective Annual Rate: 6.14%

Calculation period: 5 years

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Answer: 15?

Step-by-step explanation:

6 0
3 years ago
How many and what type of solutions does the equation have?
Natali [406]
Let's solve the equation 2k^2 = 9 + 3k
First, subtract each side by (9+3k) to get 0 on the right side of the equation
2k^2 = 9 + 3k
2k^2 - (9+3k) = 9+3k - (9+3k)
2k^2 - 9 - 3k = 9 + 3k - 9 - 3k
2k^2 - 3k - 9 = 0

As you see, we got a quadratic equation of general form ax^2 + bx + c, in which a = 2, b= -3, and c = -9.
Δ = b^2 - 4ac
Δ = (-3)^2 - 4 (2)(-9)
Δ<u /> = 9 + 72
Δ<u /> = 81

Δ<u />>0 so the equation got 2 real solutions:
k = (-b + √Δ)/2a = (-(-3) + √<u />81) / 2*2 = (3+9)/4 = 12/4 = 3
AND
k = (-b -√Δ)/2a = (-(-3) - √<u />81)/2*2 = (3-9)/4 = -6/4 = -3/2

So the solutions to 2k^2 = 9+3k are k=3 and k=-3/2

A rational number is either an integer number, or a decimal number that got a definitive number of digits after the decimal point.

3 is an integer number, so it's rational.
-3/2 = -1.5, and -1.5 got a definitive number of digit after the decimal point, so it's rational.

So 2k^2 = 9 + 3k have two rational solutions (Option B).

Hope this Helps! :)
7 0
3 years ago
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2 years ago
What are some steps you might take after coming to a solution? Check all
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Answer:

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Step-by-step explanation:

412.50 x 12

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so it is 4950

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