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vesna_86 [32]
3 years ago
8

if 11,100 is invested at 3.1 percent interest compounded monthly, how much will the investment be worth in 19 years?

Mathematics
2 answers:
serious [3.7K]3 years ago
4 0

Answer:

D

Step-by-step explanation:

Fynjy0 [20]3 years ago
3 0
The formula for compound interest is:
A=P(1+r/n)^(nt)
Where A represents the amount of money in the account after t years, P is the principal (investment), n is the number of compoundings per year, and r is the interest rate in decimal form.
P=11,100
r=.031
n=12 (monthly)
t=19
A=11,100(1+.031/12)^(12*19)
A=11,100(1+. 002583)^(228)
A=11,100(1.002583)^(228)
A=11,100(1.80082)
A=$19,989.10
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Evaluate the expression when c=2. 6c/2​
marshall27 [118]

Answer:

<h3>6</h3>

Step-by-step explanation:

Given the expression g(c) = 6c/2, we are to find the value when c = 2

Substitute c = 2 into the expression

g(2) = 6(2)/2

g(2) = 12/2

g(2) = 6

<em>Hence the result when c = 2 is 6</em>

6 0
3 years ago
At any point in time, there could be bicycles, tricycles, and
Aleksandr-060686 [28]

Answer:

There may be 1 or 3 tricycles in the parking lot.

Step-by-step explanation:

Since at any point in time, there could be bicycles, tricycles, and cars in the school parking lot, and today, there are 53 wheels in total, if there are 15 bicycles, tricycles, and cars in total, to determine how many tricycles could be in the parking lot, the following calculation must be performed:

13 x 4 + 1 x 3 + 1 x 2 = 57

11 x 4 + 1 x 3 + 3 x 2 = 53

10 x 4 + 3 x 3 + 2 x 2 = 53

8 x 4 + 5 x 3 + 2 x 2 = 51

10 x 2 + 1 x 3 + 4 x 4 = 39

9 x 3 + 1 x 2 + 5 x 4 = 49

Therefore, there may be 1 or 3 tricycles in the parking lot.

6 0
3 years ago
Y= 3x+13<br> y=x-3 <br> How do you solve this equation?
ra1l [238]

Answer:

x=-5 & y=-2

Step-by-step explanation:

y= 3x+13

y= x-3

x-3=3x+13

-3=2x+13

-10=2x

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then

y=3(-5)+13

y=-15+13

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6 0
3 years ago
Read 2 more answers
I'm confused how do I simplify that??
zimovet [89]
The answer is simply 2x over 5(fraction) +1 so it the first choice
6 0
3 years ago
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drek231 [11]
The answer would be C
3 0
3 years ago
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