Answer: $76,244.51
Step-by-step explanation:
You need to use the compound interest formula here.
First of all however, you need to convert the terms to monthly figures because the interest is compounded monthly.
4% in months = 4 / 12 = 4/12%
6 years = 6 * 12 = 72 months
Now use the compound interest formula:
= Amount * (1 + rate) ^ number of years
= 60,000 * ( 1 + 4/12%) ⁷²
= $76,244.51
Answer:
I would like to answer but where is the picture for the question. Download that to this page and i will answer it. Have a great day
Step-by-step explanation:
Answer:
2x+6
Step-by-step explanation:
you want to get 6 more than twice of a number, in this case, x. Hope this helps!
<h3>
Answers: x = -17 and x = 64</h3>
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Explanation
Consider three scenarios:
- A) The value of x is the smallest of the set (aka the min)
- B) The value of x is the largest of the set (aka the max)
- C) The value of x is neither the min, nor the max. So 8 < x < 39.
These scenarios cover all the possible cases of what x could be. It's either the min, the max, or somewhere in between the min and max.
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We'll start with scenario A.
If x is the min, then that must mean 39 is the max as it's the largest of the set {18, 36, 16, 39, 27, 8, 34}
The range is 56, so,
range = max - min
56 = 39 - x
56+x= 39
x = 39-56
x = -17 which is one possible answer
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If instead we go with scenario B, then x is the max and 8 is the min
range = max - min
56 = x - 8
56+8 = x
64 = x
x = 64 is the other possible answer
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Lastly, let's consider scenario C. If x is not the min or the max, then it's somewhere between the min 8 and max 39. in short, 8 < x < 39.
Note that range = max - min = 39-8 = 31 which is not the range of 56 that we want. So there's no way scenario C can be possible here.
Answer:
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Step-by-step explanation:
