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:
alr 5x+11 and 2x-3
5x+11=16x
2x-3=-1x
Step-by-step explanation:
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Answer:
we need a picture...
Step-by-step explanation:
Answer:
<h2>The time needed is 10 months.</h2>
Step-by-step explanation:
The given points are (0, 3500) and (5, 1750).
First, we use the formula below to find the slope of the line

Which means the function is deacrasing with a ratio of 350 feet per month.
Now, we use the slope and one point to find the equation

This linear function shows that the situation started at the y-intecept (0, 3500), which means the month 0 had already 3500 feet. In other words, the total distance is 3500 feet. Now, the x-intercept will tell us the time needed to travel that distance.

Therefore, the time needed is 10 months.
Answer:
= m
Step-by-step explanation:
So we can say;
Tan(30) = m/3
=> Tan(30) * 3 = m
=>
= m
Hope this helps!