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alina1380 [7]
3 years ago
5

Find the compound interest earned by the deposit of $1800 at 6% compounded quarterly for 6 years.

Mathematics
1 answer:
balandron [24]3 years ago
6 0


The equation for the problem is x(1+r)^t

X is the original deposit
R is the rate or percentage of growth
T is the time, in years

X=1800
R=.06
T= 6

F(x)=1800(1+.06)^6
=1800(1.06)^6
=1800(1.41852)
=2533.3344

The above is the future value of the money, to find out how much was gained by interest just subtract the original investment of 1800

2533.3344-1800=753.3344

So the answer is B
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write the equation of the line that passes through the given points (0,-1) and (-5,-7) Simplify your answer
USPshnik [31]

Answer:

y = 6/5 x-1  slope intercept form

6x-5y = 5  standard form

Step-by-step explanation:

We have the points  (0,-1) and (-5,-7)

We can find the slope using

m = (y2-y1)/(x2-x1)

 = (-7--1)/(-5-0)

 = (-7+1)/(-5-0)

 = -6/-5

 = 6/5

We also have the y intercept ( when x=0)  It is -1

We can use the slope intercept form of the equation y = mx+b

y = 6/5 x-1

Depending on what you mean when you say simplify your answer

We can put it in standard form  ax+by = C

Multiply both sides by 5

5y =5* 6/5 x-1*5

5y = 6x-5

Subtract 6x from each side

-6x+5y = 6x-6x-5

-6x+5y = -5

Multiply by -1

6x-5y = 5

4 0
3 years ago
A bag contains nine red balls, four green balls, and fifteen yellow balls. What is the probability of
dmitriy555 [2]

Answer:

8

Step-by-step explanation:

When you subtract the 9-1=8

6 0
3 years ago
Given: p(a) =0.70, p(b)=0.60, p(a or b) =0.88. are a and b independent? (use your answer from question
allsm [11]

Answer:

Step-by-step explanation:

P(a or b) = P(a) + P(b) - P(a and b)

0.88 = 0.70 + 0.60 -  P(a and b)

P(a and b) = 1.30 - 0.88 = 0.42.

So the events a and b are not mutually exclusive.

4 0
2 years ago
How would I solve n/5-3n/10=1/5<br><br>pls help me I am literally failing math.
otez555 [7]

Answer:

53/5

Step-by-step explanation:

since 10 is the denominator of the denominator we can move it to the numerator, giving us 10n/5-3n = 1/5

multiply all sides by 5-3n, giving us 10n = (5-3n)/5

now multiply by 5 to get rid of the final denomintor, 50n = 5-3n

move 3n to the other side 53n = 5, n = 53/5

8 0
3 years ago
Five years ago, Victor was twice as old as his daughter Anika. In 10 years, the sum of their ages will equal 90. Find their ages
frozen [14]

Answer: 45 and 25

Step-by-step explanation:

Given

Five years ago victor was twice as old as his daughter

Suppose the current age of victor and his daughter are x and y

For five years ago

\Rightarrow (y-5)=2(x-5)\\\Rightarrow y-5=2x-10\\\Rightarrow y=2x-5\\\Rightarrow 2x-y=5\quad \ldots(i)

In 10 years sum of their ages is 90

\Rightarrow (y+10)+(x+10)=90\\\Rightarrow x+y=70\quad \ldots(ii)

On solving (i) and (ii) we get

\Rightarrow x=25,y=45

So, the current age of victor is 45 and his daughter is 25

8 0
2 years ago
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