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dmitriy555 [2]
2 years ago
10

Savanna Smiles invested $5,000 for one year in a CD that earns interest at a rate of 3.5% compounded monthly. What is the intere

st earned during the year? (Hint: Use the appropriate formulas and round at the end.)

Mathematics
1 answer:
weeeeeb [17]2 years ago
5 0
We are asked to solve for the interest during the year given that it is compounded monthly, we are given with the formula A = P(1+r)^n. The solution is shown below:
A = P (1+r)^n
A = $5,000 (1+ 3.5/12)^(12*1)
A = $5,000 (1.000292)^12
A = $5,177.84

 
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3 years ago
Can anybody help me please
GREYUIT [131]

Question 7: Option 1:  x = 33.5°

Question 8: Option 3: x = 14.0°

Step-by-step explanation:

<u>Question 7:</u>

In the given figure, the value of perpendicular and hypotenuse is given, so we have to use any trigonometric ratio to find the value of angle as the given triangle is a right-angled triangle

So,

Perpendicular = P = 32

Hypotenuse = H = 58

So,

sin\ x = \frac{P}{H}\\sin\ x = \frac{32}{58}\\sin\ x = 0.5517\\x = sin^{-1} ( 0.5517)\\x =33.48

Rounding off to nearest tenth

x = 33.5°

<u>Question 8:</u>

In the given figure, the value of Base and Perpendicular is given, we will use tangent trigonometric ratio to find the value of x

So,

Perpendicular = P = 5

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So,

tan\ x = \frac{P}{B}\\tan\ x = \frac{5}{20}\\tan\ x = 0.25\\x = tan^{-1} (0.25)\\x = 14.036

Rounding off to nearest tenth

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Keywords: Right-angled triangle, trigonometric ratios

Learn more about trigonometric ratios at:

  • brainly.com/question/909731
  • brainly.com/question/902892

#LearnwithBrainly

8 0
3 years ago
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liraira [26]
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4 0
3 years ago
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