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RSB [31]
3 years ago
10

The amount A in an account after t years with principal P, annual interest rate r (expressed as a decimal), and compounded n tim

es per year is given by
A = P ( 1 + r/n ) ^nt



You deposit $1000 into three separate bank accounts that each pay 3% annual interest. In Account 1, interest is compounded quarterly. In Account 2, interest is compounded monthly. In Account 3, interest is compounded daily.



Just need to know what the amounts are for the table in the picture please.

Mathematics
1 answer:
muminat3 years ago
8 0

Answer:

Quarterly: $30.34

Monthly: $30.42

Daily:  $ 30.45

Step-by-step explanation:

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Before leaving to visit Mexico, Levant traded 270 American dollars and received 3,000 Mexican pesos. When he returned from Mexic
erica [24]

The amount of dollars that Mr. Levant would exchange for 100 pesos on his return is <u>$9</u>.

<h3>What is an exchange rate?</h3>

An exchange rate is a rate that is used to convert one nation's currency to another.

The exchange rate is based on the purchasing power of each nation's currency.

<h3>Data and Calculations:</h3>

Dollars before traveling to Mexico = $270

Value of Mexican pesos received for $270 = 3,000 pesos

Exchange rate = $1 = 11.11 pesos (3,000/$270)

Amount of pesos left after the trip = 100 pesos

Value of 100 pesos in dollars = <u>$9</u> (100/$11.11)

Thus, the amount of dollars that Mr. Levant would exchange for 100 pesos on his return is <u>$9</u>.

Learn more about exchange rates at brainly.com/question/2202418

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4 0
1 year ago
Measurement A equals 6X - 35°
marissa [1.9K]

Answer:

............the answer is 97

6 0
3 years ago
What is the volume of a sphere with a radius of 4 cm ??
telo118 [61]

Answer:

V≈268.08cm³

Step-by-step explanation:

7 0
2 years ago
Read 2 more answers
Can someone help me with this Im not sure if My answer is correct
sergeinik [125]

Answer:

y = 2x - 3

Yes, your answer is correct.

Step-by-step explanation:

First, find the slope of the two points by using the slope formula:

        y2 - y1

m = -------------

        x2 - x1

         13 - 5

m = -------------

          8 - 4

         8

m = ------- = 2

         4

To find the y-intercept, plug in values into the slope-intercept formula:

y = mx + b

Where m = slope and b= y-intercept. Use any one of the points. I'll be using (4,5):

5 = (2) (4) + b

5 = 8 + b

-3 = b

b = -3

So, putting everything into the slope intercept formula:

y = 2x - 3

4 0
3 years ago
Help me plss need help with theses three
fiasKO [112]
interior angle of a regular 18-gon.
It is easier to calculate the exterior angle of a regular polygon of n-sides (n-gon) by the relation
exterior angle = 360/n
For a 18-gon, n=18, so exterior angle = 360/18=20 &deg;
The value of each interior angle is therefore the supplement, or
Interior angle = 180-20=160 degrees.

Naming of a 9-gon
A polygon with 9 vertices is called a nonagon (in English) or enneagon (French ennéagone, but the English version is sometimes used)
You had a good start with the correct answer.

Exterior angle of a 15-gon
The exterior angle of a 15-gon can be calculated using the relation given in the first paragraph, namely
Exterior angle = 360/15=24 degrees
4 0
3 years ago
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