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3 years ago

6000 for 6 years at 81/2 % compounded daily will grow to a) $9.990.02 b)9.060.00 c) 9788.81 d)9991.15

Mathematics

1 answer:

Flura [38]3 years ago

4 0

Answer:

d)9991.15

Step-by-step explanation:

We have a sum of money ($6000) compounded daily at an annual interest rate of 8.5% for 6 years.

If the interest is compound daily, and we take a m=365 days a year (or 365 subperiods m), the daily nominal interest rate is:

$i_d=\dfrac{i}{m}=\dfrac{0.085}{365}=0.000232877$

Then, we can express the final valueo of $6000 compounded daily at an annual interest rate of 8.5% for 6 years as:

$FV=IV\left(1+\dfrac{i}{m}\right)^{n\cdot m}\\\\\\FV=6000(1+0.000232877)^{6\cdot 365}\\\\FV=6000(1.000232877)^{2190}\\\\FV=6000\cdot1.665192322\\\\FV\approx9991.15$

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3 years ago

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Answer:

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It is given that Three basketball teams measured the height of each player on their team.

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3 years ago

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svetoff [14.1K]

You only flip the inequality sign when you multiply or divide both sides by a negative number.

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Problem 1

$3 - 8x \ge -29\\\\-8x \ge -29-3\\\\-8x \ge -32\\\\x \le \frac{-32}{-8} \ \text{ inequality sign flip}\\\\x \le 4$

The inequality sign flip happens because we divided both sides by -8.

The graph will have a closed circle at 4 with shading to the left.

Three solutions are x = 0, x = 1, x = 2. You can pick any three numbers you want as long as they are 4 or smaller.

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Problem 2

$1x+2x-7 < 6\\\\3x-7 < 6\\\\3x < 6+7\\\\3x < 13\\\\x < \frac{13}{3}\\\\x < 4 \frac{1}{3}$

The graph will have an open circle at 13/3 = 4&1/3 = 4.333 approx. The shading is to the left. No inequality sign flip happens because we divided both sides by a positive number.

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Problem 3

$9-2x \le 6x-15\\\\-2x-6x \le -15-9\\\\-8x \le -24\\\\x \ge \frac{-24}{-8} \ \text{ inequality sign flip}\\\\x \ge 3$

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3 years ago

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Ira Lisetskai [31]

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3 years ago

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vivado [14]

Answer:

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3 years ago