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Anna71 [15]
3 years ago
14

Suppose that $30000 is invested at 7% interest. Find the amount of money in the account after 8 years if the interest is compoun

ded annually
Mathematics
1 answer:
Andreyy893 years ago
7 0
A=30,000(1+.07/1)^8*1
Final amount = Principal(1+rate/times compounded in a year)^years to grow*times compounded in a year
Answer = 51,545.59
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Ephemeral services corporation (esco) knows that nine other companies besides esco are bidding for a $900,000 government contrac
EastWind [94]

Answer:

c. $100,000

Step-by-step explanation:

Calculation of the expected net profit of Ephemeral services corporation

Since we are been told that 9 other companies besides esco are as well bidding for the $900,000 government contract, it means we have to find the expected net profit by dividing 1 by 9×$900,000 .Thus ESCO can only expect to cover its sunk cost.

Hence ,

E(X) = (1/9) × $900,000

E(X)=0.111111111×$900,000

E(X)= $100,000

Therefore the expected net profit would be $100,000

4 0
3 years ago
IF YOU SOLVE FIRST YOU GET BRAINLIEST
Nonamiya [84]

I solved 2/5(x − 2) = 4x. I don't know why you included those extra numbers.

<u>-2/9</u>

7 0
3 years ago
Limited time . 10 points
AfilCa [17]

Answer:

Therefore the value of x is

x=1\pm\sqrt{19}i

Step-by-step explanation:

Given:

x^{2}+20=2x which is

x^{2}-2x+20=0

To Find:

x = ? using Quadratic Formula

Solution:

For a Quadratic Equation ax² + bx + c = 0 , Formula Method is given as

x=\dfrac{-b\pm\sqrt{b^{2}-4ac}}{2a}

On Comparing with above we get

a=1\\b=-2\\c=20

Substituting a , b , c in Formula method we get

x=\dfrac{-(-2)\pm\sqrt{(-2)^{2}-4(1)(20)}}{2\times 1}\\\\x=\dfrac{2\pm\sqrt{-76}}{2}\\\\x=\dfrac{2\pm2\sqrt{19}i}{2}\\Dividing\ by\ 2\ we\ get\\\\x=1 \pm\sqrt{19}i

Therefore the value of x is

x=1\pm\sqrt{19}i

8 0
3 years ago
6. Commerce Bank hired Pete Drexel as its new branch office
hammer [34]

Question

How much did the bank spend on him that year?

Answer:

$60101.12

Step-by-step explanation:

Apart from salary of 59500.00 the company incurred additional charges which we add to give 421.27+85.25+94.60=$601.12

Total amount will be 59500.00+601.12=$60101.12

5 0
3 years ago
Can someone help me with 5-6
olchik [2.2K]

Answer:

B, C

Step-by-step explanation:

I love slope

4 0
3 years ago
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