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3 years ago

Jason’s savings account has a balance of $2179. After 5 years , what will the amount of interest be at 6% compounded quarterly?

Mathematics

1 answer:

satela [25.4K]3 years ago

5 0

Answer:

$755.80

Step-by-step explanation:

Determine the compound amount first and then subtract the principal from it, to find the amount of interest.

The compound amount formula is A = P (1 + r/n)^(nt), where

P is the initial principal, r is the interest rate as a decimal fraction, n is the number of compounding periods per year, and t is the number of years. Here, P = $2179; t = 5 yrs; r = 0.06; and n = 4 (quarterly compounding).

We get:

A = $2179(1 + 0.06/4)^(4*5), or $2179(1.015)^20, or $2179(1.347) = $2937.80.

The compound amount is $2934.80. Subtracting the $2179 principal results in the interest earned: $755.80.

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Let A = {x : 2x² + 3x - 2 = 0} and B = {x : x² + 3x - 4 = 0 } find (A U B) × (A Π B)

ivann1987 [24]

Given :

A = {x: 2x² + 3x - 2 = 0 }
B = {x : x² + 3x - 4 = 0 }

To find :

(A U B ) × (A Π B )

Solution :-

The first set is ,

A ={x : 2x² + 3x - 2 = 0}

Solving the Quadratic equation ,

2x² + 3x - 2 = 0
2x² + 4x - x - 2 = 0
2x( x + 2) -1( x + 2 ) = 0
(2x -1) ( x + 2) = 0
x = 0.5 , -2

Hence ,

A ={0.5, -2}

The second set is ,

B ={ x :x² + 3x - 4 = 0 }

Solving the Quadratic equation ,

x² + 3x - 4 = 0
x² + 4x - x - 4 = 0
x( x + 4)-1 ( x +4) = 0
(x + 4) ( x -1) = 0
x = 1 , -4

Hence ,

B ={1,4}

Now ,

A U B = { 0.5 , 1 , 4 , -2}
A Π B = {∅ }

Since AΠ B is a null set , hence ,

A × B = {∅}

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Read 2 more answers

Which equation has the same solution as this equation?

lesya [120]

Answer:

3rd Option is correct.

Step-by-step explanation:

Given Equation:

x² - 16x + 12 = 0

First We need to find solution of the given equation.

x² - 16x + 12 = 0

here, a = 1 , b = -16 & c = 12

$x=\frac{-b\pm\sqrt{b^2-4ac}}{2a}$

$x=\frac{-(-16)\pm\sqrt{(-16)^2-4(12)}}{2}$

$x=\frac{16\pm\sqrt{256-48}}{2}$

$x=\frac{16\pm\sqrt{208}}{2}$

$x=\frac{16\pm4\sqrt{13}}{2}$

$x=8+2\sqrt{13}\:\:andx=8-2\sqrt{13}$

Now,

Option 1).

( x - 8 )² = 144

x - 8 = ±√144

x - 8 = ±12

x = 8 + 12 = 20 and x = 8 - 12 = -4

Thus, This is not correct Option.

Option 2).

( x - 4 )² = 4

x - 4 = ±√4

x - 4 = ±2

x = 4 + 2 = 6 and x = 4 - 2 = 2

Thus, This is not correct Option.

Option 3).

( x - 8 )² = 52

x - 8 = ±√52

x - 8 = ±2√13

x = 8 + 2√13 and x = 8 - 2√13

Thus, This is correct Option.

Option 4).

( x - 4 )² = 16

x - 4 = ±√116

x - 4 = ±4

x = 4 + 4 = 8 and x = 4 - 4 = 0

Thus, This is not correct Option.

Therefore, 3rd Option is correct.

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