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kenny6666 [7]
4 years ago
5

The relative growth rate for a certain type of mutual fund is 5.1% per year. An account is opened with a balance of $35,000. How

much is the mutual fund worth in 5 years? In your final answer, include all of your calculations.
Mathematics
1 answer:
icang [17]4 years ago
3 0
What do you mean by "relative growth rate?"

You need to specify whether this situation involves compounding, and, if it does, whether it's continuous compounding, monthly, annual or what.

Just supposing that it's semi-annual compounding:


A = $35000 (1 + 0.051/2)^(5*2)

   = $35000(1.0255)^10   =   $35000 (1.2863) = $45021.99   (answer)
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The sum of all the ages of Dylan and Renee is 57 years . 9 yrs ago , Dylans age was 2 times Renee's age. How old is Dylan now?​
Ugo [173]

Answer:

Step-by-step explanation:

let present age of

Dylan=x

Renee=y

x+y=57

9 years ago

x-9=2(y-9)=2y-18

x=2y-18+9=2y-9

so  2y-9+y=57

3y=57+9=66

y=66/3=22

x+22=57

x=57-22=35

Dylan's present age=35 years

3 0
3 years ago
15% of R560 - 15% of R500 is:​
Dahasolnce [82]

15% of R560 - 15% of R500

=> 0.15 × 560 – 0.15 × 500

=> 0.15 ( 560–500)

=> 0.15 × 60

=> Rs. 9

HOPE IT HELPS

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8 0
3 years ago
What is the value of the expression below when x=5?
snow_lady [41]

Answer:

790

Step-by-step explanation:

You put 5 instead of x and you calculat

6*5^3 +8*5= 750+40=790

6 0
3 years ago
Read 2 more answers
What is the value of x
amm1812

Answer:

x=123

Step-by-step explanation:

x is across from the angle that measures 123 degrees. Therefore, they are vertical angles, and are congruent.

x=123

Additionally, 57 and x are on a straight line. This means they are supplementary and add to 180 degrees

57*x=180

Subtract 57 from both sides to get x by itself.

x=123

6 0
3 years ago
Find the measure of
Alborosie
Angle B is HALF of the sum of the two angles it intercepts.

Since it intercepts 48 and 142 degrees, simply add them add divide by 2:
B = (48 + 142)/2
B = 190/2
B = 95

The measure of angle B is 95 degrees.
-T.B.
4 0
3 years ago
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