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mafiozo [28]
3 years ago
13

find the future value of a 160,000 certificate of deposit that pays compounded interest every six months at a rate of 4% per yea

r. The CD has term of 5 years
Mathematics
1 answer:
Oxana [17]3 years ago
7 0
\bf \qquad \textit{Compound Interest Earned Amount}
\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\quad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to &\$160000\\
r=rate\to 4\%\to \frac{4}{100}\to &0.04\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{every six months, so twice}
\end{array}\to &2\\

t=years\to &5
\end{cases}
\\\\\\
A=160000\left(1+\frac{0.04}{2}\right)^{2\cdot 5}
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If the demand function for a commodity is given by the equation
Jet001 [13]

Answer:

q=26.92 p=31.13

Step-by-step explanation:

p^{2} +16q=1400\\\\q=\frac{1400-p^{2} }{16} ;\\\\700-p^{2} +10q=0\\\\q=\frac{p^{2}-700 }{10} ;\\\\

q=q\\\\\frac{1400-p^{2} }{16} =\frac{p^{2}-700 }{10} \\\\10(1400-p^{2})=16(p^{2}-700)\\\\14000-10p^{2}=16p^{2}-11200\\\\14000+11200=16p^{2}+10p^{2}\\\\25200=26p^{2}\\\\p^{2}=\frac{25200}{26} \\\\p=+\sqrt{\frac{25200}{26}} \\\\p=31.13

replace p in any equation and

q=\frac{1400-p^{2} }{16} \\\\q=\frac{1400-(31.13)^{2} }{16}\\\\q=26.92

3 0
3 years ago
What is 347,168 round to then thoudands
Finger [1]

Answer:

347,168 rounded to the nearest ten thousands would be 350,000.

Step-by-step explanation:

When rounding to the nearest ten thousands, you rely on the thousands place value to indicate whether to round up or down. 5 or higher give it a shove, 4 or less let it rest. 7 is in the thousands place meaning we round up. 4 is in the ten thousands place meaning it becomes 5. 347,168 rounded to the nearest ten thousands would be 350,000.

8 0
3 years ago
Read 2 more answers
Solve x − 5y = 6 for x.
pentagon [3]

Answer:

All real numbers

Step-by-step explanation:

Solve a system of equations by elimination

With the equation given, you can solve for y to get: y = \frac{1}{5}x - \frac{6}{5}

Then, substitute this value in on the equation.

x - 5(\frac{1}{5}x - \frac{6}{5}) = 6

x - x + 6 = 6

6 = 6

The solution is all real numbers

8 0
3 years ago
Polygon Q is a scaled copy of Polygon P. The value of x is 6, what is the scale factor?
ANTONII [103]

Answer:

B. 3/4

Step-by-step explanation:

I just did it and got it right

3 0
3 years ago
Is change in math always represented as a positive number even when its negative?
beks73 [17]
I think you mean like a number decreasing at a percentage. Yea it’s gonna be positive cause like it’s a number but then it’s probably gonna say decreasing making it negative or increasing making it positive. I’m pretty sure, correct if I’m wrong.
5 0
3 years ago
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