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netineya [11]
3 years ago
5

If you deposit $6000 into an account paying 6.5% annual interest compounded quarterly, how long until there is $12600 in the acc

ount?
Mathematics
1 answer:
grandymaker [24]3 years ago
3 0
Use this formula:

K = K_0 * (1+r)^n

Insert and solve for n: 

12600 = 6000 * (1+0.065)^n

n = 11.78

So about 12 quarters. 

Hope that helped.
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Jollibee employs a total of 10 cashiers and 15 kitchen crews. The manager selects a team of 2 cashiers and
Airida [17]

Answer:

The manager can select a team in 61425 ways.

Step-by-step explanation:

The order in which the cashiers and the kitchen crews are selected is not important. So we use the combinations formula to solve this question.

Combinations formula:

C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

In how many ways can the manager select a team?

2 cashiers from a set of 10.

4 kitchen crews from a set of 15. So

T = C_{10,2}*C_{15,4} = \frac{10!}{2!(10-2)!}*\frac{15!}{4!(15-4)!} = 45*1365 = 61425

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7 0
2 years ago
What is the absolute value of 3 above par
lubasha [3.4K]
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6 0
3 years ago
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How much must you deposit in an account to earn $400 per year at 2% simple interest?
Strike441 [17]

Step-by-step explanation:

Simple interest is a method to calculate the amount of interest charged on a sum at a given rate and for a given period of time.

...

Simple Interest Example:

Simple Interest

1 Year S.I = (1000 ×5 × 1)/100 = 50

2 Year S.I = (1000 × 5 × 2)/100 = 100

3 Year S.I = (1000 ×5 × 3)/100 = 150

7 0
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How many do all triangles equal
Ratling [72]
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2 years ago
What’s <br> 3.984<br> + 17<br> ? Help
Korolek [52]

Answer:

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Step-by-step explanation:

Just do:

3.984

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So your answer is 20.984

8 0
3 years ago
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