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aniked [119]
3 years ago
7

Monique Fournier deposited $12,500 into a savings account paying 6.5% annual interest compounded monthly. What amount will she h

ave in her account after 3 years? How much compound interest will she have earned?
Mathematics
1 answer:
nikklg [1K]3 years ago
5 0
6.5%=.065
.065/12=0.00541666666666666666666666666667/month
3 years = 36 months
(1+0.00541666666666666666666666666667)^36=1.2146716269797335689295444127607
1.2146716269797335689295444127607 x 12500=$15183.40 in the account after 3 years
15183.40-12500=$2683.40 in interest earned
☺☺☺☺






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PLEASE HELP! IF YOU DON'T KNOW DON'T ANSWER! 60 POINTS!!
postnew [5]

Answer:

an = 1/2 (4)^ (n-1)

a6 = 512

Step-by-step explanation:

The formula for a geometric sequence is

an = a1 (r)^(n-1)

where an is the term of the sequence

a1 is the initial term of the sequence

r is the ratio

and n is the term number

We know a1 = 1/2 and r =4

I will assume that x=6 means we want to know the 6th term

an = 1/2 (4)^ (n-1)

We want to find the 6th term

a6 = 1/2 * 4^(6-1)

a6 = 1/2 * 4^5

a6 = 512

3 0
3 years ago
Mrs kanja ,miss kanene and Mrs nyaga have to mark a form three contest for 160students .They take 5mins ,4mins and 12mins respec
oksano4ka [1.4K]

Answer:

300 minutes

2:00 p.m

Step-by-step explanation:

Given the following:

Time taken to mark a script :

Mrs Kanja = 5mins

Miss Kanene = 4mins

Mrs Nyaga = 12 mins

Number of scripts = 160

Start time = 9:00 a.m

Rate at which each of them mark:

Mrs Kanja = t / 5

Miss Kanene = t/4

Mrs Nyaga = t/12

Combined rate :

t/5 + t/4 + t/12 = 160

(12t + 15t + 5t) / 60 = 160

32t / 60 = 160

32t = 160 * 60

32t = 9600

t = 9600 / 32

t = 300 minutes

300 minutes = 300/60 = 5hrs

9:00 a.m + 5 hours = 2:00 p.m

3 0
3 years ago
Jack and Jill are trying to find the slope of a line segment connecting two points, (x1, y1) and (x2, y2). Jack uses the formula
Nikolay [14]
The correct question is
<span>Jack and Jill are trying to find the slope of a line segment connecting two points, (x1, y1) and (x2, y2). Jack uses the formula m = (y2 - y1)/( x2 - x1) . Jill mistakenly uses a different formula, but still gets the right answer. Which formula COULD she have used? A) (x2 - x1)/( y2 - y1) B) (y1 - y2)/( x1 - x2) C) (x1 - x2)/( y2 - y1) D) (y2 - y1)/( x1 - x2)

we know that

the correct formula to calculate the slope is
m=(y2-y1)/(x2-x1)
then 
</span><span>if both numerator and denominator multiply it by -1
</span>
m=-(y2-y1)/-(x2-x1)---------> m=[-y2+y1]/[-x2+x1]
m=[y1-y2]/[x1-x2]

therefore

the answer is the option 
B) (y1 - y2)/( x1 - x2)

4 0
3 years ago
To danicovi04- the Viruses and Viral Videos Portfolio on Connections Academy. I hope this helps!!!!
pochemuha

Answer:

woah thxs i needed this

4 0
3 years ago
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What is the diameter of a circle with a circumference of 30?
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I hope this helps you

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