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Veseljchak [2.6K]
3 years ago
11

Charlie can invest $8,000 at 8.5% interest for 15 days. How much interest will he earn on his investment if the interest is comp

ounded daily?
Mathematics
1 answer:
pickupchik [31]3 years ago
7 0

Answer:

$27.99 interest.

Step-by-step explanation:

Use the formula for Compound interest = P(1 + r/n)^t  . Here n = 365 (number of days in a year), r = annual rate as a decimal and t = the number of days, P = 8000.

Amount after 15 days = 8,000(1 + 0.085/365)^15

= $8027.99.

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How do u find the point in a graph if they are not given to u when u solving changing y over changing x
stiks02 [169]
U would replace x with 0 in the equation and solve and then do the same but with y and those are ur x and y values of ur point
Ex: 2x+5y=15
2(0) +5y=15
5y=15
Y=3
2x+5(0)=15
2x=15
X=7.5
So ur point would be (7.5,3)
3 0
3 years ago
How do I do a question 5* “I, J, k, and L
7nadin3 [17]

Answer:

Step-by-step explanation:

5 (i)  243 ÷x = -81

243 ÷ -81 = x

x = -3

5 (j)  50 ÷ x = -50

    50 ÷ -50 = x

       x = -1

5(k)   -92 * x = 184

                 x = 184 ÷  -92

                 x = -2

5(l)    -800 ÷x = -20

       -800 ÷ -20 = x

       x = 40

3 0
3 years ago
Mr. T's Tea store has two kinds of tea. Tea A costs $9 per pound and Tea B cost $6 per pound. How many pounds of each should be
harina [27]

Answer:

y=447.3 pounds

x= 297.3 pounds

Step-by-step explanation:

Step one:

given data

Tea A costs $9 per pound and

Tea B cost $6 per pound.

let the number of pounds of Tea A be x

and for Tea B be y pounds

The total cost of the mixture = $8 per pound

hence

9x+6y=8---------1

The total weight of the mixture

150 pounds

x+y=150-----------2

Step two:

9x+6y=8---------1

x+y=150---------2

from eqn 2 x=150-y

put x= 150-y in eqn 1

9(150-y)+6y=8---------1

1350-9y+6y=8

1350-8=9y-6y

1342=3y

divide both sides by 3

y= 1342/3

y=447.3 pounds

put y= 447.3 in eqn 2

x+447.3= 150

x= 150-446=7.3

x= -297.3

x= 297.3 pounds

3 0
3 years ago
A regular workweek is 40 hours. Overtime pay is time and one-half): Manual is a word-processor operator. He makes $13.50 an hour
pychu [463]
Overtime is over 40 so subtract 40 from 54 and get
54-40=14
14 hours hovertime
so multipliy usuall pay by 40 (since worked 40 normal hours) then add to overtime pay by 14 hours so


(13.5 times 40)+(13.5 times 1.5 times 14)=
540+283.5=823.5
answer is $823.50

4 0
3 years ago
Determine a series of transformations that would map Figure E onto Figure F.
Margaret [11]

Answer:

Step-by-step explanation:

8 0
3 years ago
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