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kicyunya [14]
3 years ago
8

Curtis wants to save money for a trip overseas. Curtis invests $900 in an account that pays an interest rate of 8.75%. How many

years will it take for the account to reach $11,700? Round your answer to the nearest hundredth.
Mathematics
2 answers:
professor190 [17]3 years ago
7 0
Hi there
The formula is
A=p (1+r)^t
A future value 11700
P present value 900
R interest rate 0.0875
T time?
We need to solve for t
T=log (A/p)÷log (1+r)
So
T=log(11,700÷900)÷log(1+0.0875)
T=30.6years round your answer to get
T=31 years

Hope it helps
Papessa [141]3 years ago
3 0
For Plato users... the answer is actually 30.58. 
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NikAS [45]

Answer:

-37.5 m

Step-by-step explanation:

If we assume that "one full day" is 24 hours, then 15 hours represents the fraction 15/24 of a day. Since the drilling rate was constant, and was presumed to start from a height of 0, the height after 15 hours is that fraction of the day's work:

... (15/24)×(-60 m) = -37.5 m

6 0
3 years ago
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Abe and 2 friends are going on a diving trip. It costs $400 an hour to rent the boat and a flat fee of $30 per person for the eq
Fofino [41]

Answer: $1690

Step-by-step explanation: because there are 3 people which means the flat fee would add up to 90 (because 30x3=90). Then you have to multiply 400 by 4 to get how much money they spent for renting the boat (400x4=1600). Lastly you add 1600 and 90 to get the final price. (1600+90=1690).

4 0
3 years ago
At a wedding reception, the caterer served fishing chicken. The fish dinner cost $12 per person in the chicken cost $9 per perso
maw [93]

Answer:

80 persons haf fish and 152 persons had chicken

Step-by-step explanation:

Given data

let the number of persons that had fish be x and chicken be y

so

12x+9y=2544------------------1

x+y= 232------------------------2

from 2

x= 232-y

substitute the value of x in 1

12(232-y)+9y=2544

2784-12y+9y=2544

2784-3y=2544

3y= 2784-2544

3y=240

y= 240/3

y=80

put y= 80 in 2

x+80= 232

x= 232-80

x=152

Hence 80 persons haf fish and 152 persons had chicken

5 0
3 years ago
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shutvik [7]

Answer:

292828

Step-by-step explanation:

Jlthjenubadd then t9ehetherb

6 0
3 years ago
PLZ HELP ME I HAVE 193 POINTS MORE IF YOU ANSWER CORRECTLY DON'T SCAM ME
Sonja [21]

Answer:

1. b.(03)

2. A.(6,12)

3. C.(10,-1)

4. (-9,2)

Please mark me BrainIIest

Step-by-step explanation:

1.I will solve your system by substitution.

−x+2y=6;6y=x+18

Step: Solve−x+2y=6for x:

−x+2y+−2y=6+−2y(Add -2y to both sides)

−x=−2y+6

\frac{-x}{-1} =\frac{-2y}{-1} Divide by -1

x=2y−6\

Well I did this problem differently I substitute

Step: Substitute2y−6for x in6y=x+18:

6y=x+18

6y=2y−6+18

6y=2y+12

6y+−2y=2y+12+−2y

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Your final answer will be x=0 and y=3

3 0
3 years ago
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