1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ollegr [7]
3 years ago
12

A company invests $15,000.00 in an account that compounds interest annually. After two years, the account is worth $16,099.44. U

se the function in which r is the annual interest rate, P is the principal, and A is the amount of money after t years. What is the interest rate of the account?
A = P(1 + r)t

1.04%
3.6%
5.4%
7.3%
Mathematics
1 answer:
ANEK [815]3 years ago
6 0
Principal = $15000
Amount = $16099.44
Rat of interest = r
Time = 2 years
Then
A = P(1 + r)^t
16099.44 = 15000 (1 + r)^2
(1 + r)^2 = 1.073
(1 + r)^2 = (1.036)^2
Then
1 + r = 1.036
r = 1.036 - 1
  = 0.036
  = 0.036/100
  = 3.6%
From the above deduction, it can be easily concluded that the correct option among all the options that are given in the question is the second option.
You might be interested in
Points are plotted at (-2, 2), (-2, -4), and (2, -4). A fourth point is drawn such that the four points can be connected to form
arsen [322]

Answer:

24

Step-by-step explanation:

4x6 = 24

-2 and 2 are 4 apart

2 and -4 are 6 apart

7 0
3 years ago
Read 2 more answers
1/6 divided by 2/10<br> whoever answers first gets a brainlyest
masha68 [24]

Answer:

The answer is 5/6.

6 0
2 years ago
Read 2 more answers
Please help me no links or other things just the answerrrrrr
prohojiy [21]
M=49
h=65
g=115
k=131
5 0
3 years ago
If ƒ(x) = x − 4 and g(x) = 3x + 5, find (ƒ + g)(x).
siniylev [52]

Answer:

(f+g)(x)=4x+1

Step-by-step explanation:

We are given the two functions:

f(x)=x-4\text{ and } g(x)=3x+5

And we want to find:

(f+g)(x)

This is equivalent to:

=f(x)+g(x)

By substitution:

=(x-4)+(3x+5)

Rearranging yields:

=(x+3x)+(-4+5)

Combine like terms:

=4x+1

Hence:

(f+g)(x)=4x+1

7 0
2 years ago
Read 2 more answers
What is the graph of the linear function that is represented by the equation y= 1/2x-2
kondor19780726 [428]

Answer:

See picture attached.

Step-by-step explanation:

Start with the y-intercept of -2 and plot that on the graph. Then, use the slope of 1/2x to plot more points to help you draw the line. Remember rise over run. Go up one from the y-intercept and right two. If you need to, you can also go down one and left two.

Hope this makes sense.

7 0
2 years ago
Other questions:
  • A ghost on a 135 feet cliff perpendicular (at 90 degrees) to the ground looks down at an angle of 16 degrees and sees a
    7·1 answer
  • 34,515 is divisible by<br> a. 3<br> b. 9<br> c. 5<br> Explain your reasoning for your choice(s).
    9·1 answer
  • Find the length of BC. 10CM 60 DEGREES
    10·1 answer
  • Is there someone willing to help me with my recovery, almost like a tutor. I would really appreciate it.
    6·1 answer
  • A spinner is spun to determine the prize a game-show contestant wins. The spinner is divided into 10 equal sections. 4 of the se
    11·1 answer
  • Marcus and Phillip are in the Robotics Club. They are both saving money to buy materials to build a new robot. They plan to save
    8·1 answer
  • What is the surface area of this right rectangular prism? A rectangular prism with a length of 5 centimeters, a width of 4 centi
    9·1 answer
  • Write an inequality, using x as the variable, that represents this situation
    13·2 answers
  • Select all of the questions for which x=3 is a solution
    12·1 answer
  • Find BC to the nearest tenth. will give brainilist
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!