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VARVARA [1.3K]
3 years ago
7

7,300 at 7% compounded semiannually for 3 years.

Mathematics
2 answers:
Nina [5.8K]3 years ago
7 0
A = P(1 + r/n)^(nt) 

<span>A = 7300(1 + 0.07/2)^(2)(3) = 7300(1.035)^6 = 7300(1.2293) = $8973.56 </span>

<span>A = 2100(1 + 0.094/4)^(4)(2) = 2100(1.0235)^8 = 2100(1.2042) = $2528.84 </span>
Mrrafil [7]3 years ago
4 0
\bf ~~~~~~ \textit{Compound Interest Earned Amount}&#10;\\\\&#10;A=P\left(1+\frac{r}{n}\right)^{nt}&#10;\quad &#10;\begin{cases}&#10;A=\textit{accumulated amount}\\&#10;P=\textit{original amount deposited}\to &\$7300\\&#10;r=rate\to 7\%\to \frac{7}{100}\to &0.07\\&#10;n=&#10;\begin{array}{llll}&#10;\textit{times it compounds per year}\\&#10;\textit{semi-annual, thus twice}&#10;\end{array}\to &2\\&#10;t=years\to &3&#10;\end{cases}&#10;\\\\\\&#10;A=7300\left(1+\frac{0.07}{2}\right)^{2\cdot 3}\implies A=7300(1.035)^6

and surely you know how much that is.
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VVVVVVVVVVVVVVVVVVVVVVVVV
defon

Answer:

well i divided the votes he got with the votes u where suppose to get an i got 0.56 i dont really know if its right so like ask someone smarter i tried my best but u can try




5 0
3 years ago
What are the solutions of the equation (2x + 3)^2 + 8(2x + 3) + 11 = 0? Use u substitution and the quadratic formula to solve.
Nana76 [90]
U=2x+3, x=u/2-3/2
u^2+8u+11=0
u1=(-8+sqrt(64-44))/2=-4+sqrt(5)
u2=-4-sqrt(5)
x1=u1/2-3/2=-7/2+sqrt(5)/2
x2=u2-3/2=-7/2-sqrt(5)/2
5 0
3 years ago
Andrew pays a monthly membership fee of $10 at his gym. Each time he uses the gym, he pays $5. Last month, Andrew spent a total
umka2103 [35]

Answer:

First step to solving the equation is to subtract 10 on both sides:

10 - 10 + 5x =65 -10

5x = 55

Then, we divide by 5 on both sides!

5x ÷ 5 = 55 ÷ 5

x = 11

Our result is 11, so the answer to the problem is 11

I hope I was helpful!

8 0
2 years ago
1.1% of 62 is what please (:
Westkost [7]
<span>the answer is 0.682 and it dont know how to explain it sorry</span>
7 0
3 years ago
Read 2 more answers
No calculator
Andrej [43]

Answer:

16

Step-by-step explanation:

Given that :

r + 9 = 4 greater Than s

r - 1 1 is how much less than s

r + 9 = s + 4

Solve for r

Subtract 9 from both sides

r + 9 - 9 = s + 4 - 9

r = s - 5

Hence,

r - 11 = (s - 5) - 11

r - 11 = s - 5 - 11

r - 11 = s - 16

r - 11 = s - 16

Therefore, r - 11 is 16 less than s

4 0
2 years ago
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