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IRISSAK [1]
3 years ago
12

mia has $950 in a savings account that earns 2% annual simple interest. How much money will be in her account if she does not ma

ke any deposits or withdrawls in 18 months?
Mathematics
2 answers:
AleksAgata [21]3 years ago
8 0

keeping in mind that there are 12 months in a year, thus 18 months is really 18/12 years.

\bf ~~~~~~ \textit{Simple Interest Earned Amount} \\\\ A=P(1+rt)\qquad  \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\to& \$950\\ r=rate\to 2\%\to \frac{2}{100}\to &0.02\\ t=years\to \frac{18}{12}\to &\frac{3}{2} \end{cases} \\\\\\ A=950\left(1+0.02\cdot \frac{3}{2}  \right)\implies A=950(1.03)\implies A=978.5

zhuklara [117]3 years ago
4 0

it is 978.5

hope this helps

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riadik2000 [5.3K]

Let

S_n = \displaystyle \sum_{k=0}^n r^k = 1 + r + r^2 + \cdots + r^n

where we assume |r| < 1. Multiplying on both sides by r gives

r S_n = \displaystyle \sum_{k=0}^n r^{k+1} = r + r^2 + r^3 + \cdots + r^{n+1}

and subtracting this from S_n gives

(1 - r) S_n = 1 - r^{n+1} \implies S_n = \dfrac{1 - r^{n+1}}{1 - r}

As n → ∞, the exponential term will converge to 0, and the partial sums S_n will converge to

\displaystyle \lim_{n\to\infty} S_n = \dfrac1{1-r}

Now, we're given

a + ar + ar^2 + \cdots = 15 \implies 1 + r + r^2 + \cdots = \dfrac{15}a

a^2 + a^2r^2 + a^2r^4 + \cdots = 150 \implies 1 + r^2 + r^4 + \cdots = \dfrac{150}{a^2}

We must have |r| < 1 since both sums converge, so

\dfrac{15}a = \dfrac1{1-r}

\dfrac{150}{a^2} = \dfrac1{1-r^2}

Solving for r by substitution, we have

\dfrac{15}a = \dfrac1{1-r} \implies a = 15(1-r)

\dfrac{150}{225(1-r)^2} = \dfrac1{1-r^2}

Recalling the difference of squares identity, we have

\dfrac2{3(1-r)^2} = \dfrac1{(1-r)(1+r)}

We've already confirmed r ≠ 1, so we can simplify this to

\dfrac2{3(1-r)} = \dfrac1{1+r} \implies \dfrac{1-r}{1+r} = \dfrac23 \implies r = \dfrac15

It follows that

\dfrac a{1-r} = \dfrac a{1-\frac15} = 15 \implies a = 12

and so the sum we want is

ar^3 + ar^4 + ar^6 + \cdots = 15 - a - ar - ar^2 = \boxed{\dfrac3{25}}

which doesn't appear to be either of the given answer choices. Are you sure there isn't a typo somewhere?

7 0
2 years ago
Help!!! PLEASE I'll Give brain list if you give me the right answer
beks73 [17]

Answer:

Step-by-step explanation:

From least to most likely

Honour

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Which of the following statements best describes the relationship between a line and a point in a plane? exactly one plane conta
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Answer: (b) exactly one plane contains a given line and a point not on the line.


Step-by-step explanation: The basic postulates of geometry are very-well known to all of us. For example-

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(ii) Two parallel lines give result to a plane,

(iii) A line and a point not on the line determines a plane, etc...

Thus, with the help of the third point, we can easily arrive at the conclusion that a given line and a point not lying on the line is contained in a plane. For example- see the attached figure, AB is a line and P is any point not on the line. They both contained in the plane ABC.

Hence, the correct option is (b).


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3 years ago
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