1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elena-14-01-66 [18.8K]
3 years ago
5

In November 2010, ING Direct was offering 2.4% interest on its Orange Savings Account, with interest reinvested quarterly.† Find

the associated exponential model for the value of a $3,000 deposit after t years
Mathematics
1 answer:
Archy [21]3 years ago
8 0
First, let's convert the nominal interest(r) into effective interest rate(i). The formula is

i = (1 + r/m)^m - 1
where m is the number of quarters in a year (m = 4)
i = (1 + 0.024/4)⁴ -1
i = 0.024217

The model would then be:
Future Worth =  $3,000(1 + 0.024217)^t, where t is the number of years
You might be interested in
HELP NEEDED!!
LenKa [72]

Answer:

a

Step-by-step explanation:

Given

2| x - 3 | + 5 = 17 ( subtract 5 from both sides )

2| x - 3 | = 12 ( divide both sides by 2 )

| x - 3 | = 6

The absolute value function always returns a positive value but the expression inside can be positive or negative, that is

x - 3 = 6 OR -( x - 3) = 6

x - 3 = 6 ( add 3 to both sides )

x = 9

OR

-( x - 3) = 6 ← distribute left side

- x + 3 = 6 ( subtract 3 from both sides )

- x = 3 ( multiply both sides by - 1 )

x = - 3

As a check

Substitute these values into the left side of the equation and if equal to the right side then they are the solutions.

x = 9 → 2|9 - 3| + 5 = 2|6| + 5 = (2 × 6) + 5 = 12 + 5 = 17 ← True

x = - 3 → 2|- 3 - 3| + 5 = 2| - 6 | + 5 = (2 × 6) + 5 = 12 + 5 = 17 ← True

Hence x = 9 or x = - 3 are the solutions → a

6 0
3 years ago
Lisa, Bree,and Caleb are meeting at an amusement park. They each enter at a different gate. Explain how the friends could calcul
MrRissso [65]
Construct a triangle out of the points then find the midpoint of each side
8 0
3 years ago
Read 2 more answers
Help. This question is on Mathswatch. Please reply ASAP as this is due in tomorrow. Thanks
Vladimir79 [104]

Step-by-step explanation:

Split the figure into 2 parts, triangle and rectangle (I believe you know what I'm talking about)

area of triangle = 1/2 x 20 x (16-7) = 90cm^2

area of rectangle = 20 x 7 = 140cm^2

total area = 90 + 140 = 230cm^2

Topic: Mensuration

If you like to venture further, do check out my insta (learntionary) where I regularly post useful math tips! Thanks!

3 0
3 years ago
Don bought 3 1/2 quarts of ice-cream for a party. Four pints were eaten. How many pints remained?
Evgen [1.6K]

Answer:

3 pints

Step-by-step explanation:

In this question, we are asked to calculate the amount of pints remaining if 4 pints were eaten from 3 1/2 quarts of ice-cream

To solve this problem adequately, we need to achieve a consistency in units. This means our units must be in the same vein.

First, it must be known that one quarts is equal to 2 pints. This means that 3.5 quarts will be 3.5 * 2 = 7 pints

Now, the number of pints remaining is simply 7 pints - 4 pints = 3 pints

3 0
4 years ago
Find the value of x.<br><br><br> I’ll give brainliest to who every gives the right answer
tigry1 [53]
;1


Hope this helps!!!
7 0
3 years ago
Read 2 more answers
Other questions:
  • What is the solution for 2t&lt;5
    8·1 answer
  • What is the Midpoint of CD given the coordinates C(-4,8) and D(8,-4)??
    12·2 answers
  • What is the expressions show the expanded form for 840.02 and plz answers in not nerdy thank you.
    11·1 answer
  • 2. Kim is x years old. Jordan is 7 years older than Kim. Four times Jordan’s age is equal to 200. (a) Write an equation that cou
    10·1 answer
  • Help please! write an expression that shows how to convert kilograms to grams
    14·2 answers
  • Find an equivalent expression. 10-8(4x-2)
    14·1 answer
  • Find the remainder when x3 - 2x2 + x + 1 is divided by (x - 2).?​
    8·1 answer
  • At the college entrance exam, a candidate is admitted according to whether he has passed or failed the test. of the candidates w
    7·2 answers
  • There are 4 consecutive integers that have a sum of 18. What is the value of the least<br> integer?
    14·1 answer
  • Please answer both please please I’ll give brainly
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!