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Makovka662 [10]
3 years ago
8

On March 20, Soren kierkegaard deposited $1000 into his savings account that pays 5.5% interest compounded daily. How much inter

est will the money earn by April 20?
Mathematics
1 answer:
zheka24 [161]3 years ago
6 0

Hey there! I'm happy to help!

There are 31 days in March, so there are 11 days left in March. We add this to the 20 days in April, giving us 31 total days this interest is compounded.

We could calculate the amount compounded each day for 31 total days, but that would take a long time. Instead, there is a formula we can use to calculate compound interest instead.

Total= P(1+i)^n\\\\P=Principal  Amount\\i=interest rate\\\\n=number of times compounded

So, let's plug in those numbers! Remember to convert the percent to a decimal so it works in the equation!

Total=1000(1+0.055)^3^1\\Total=1000(5.258068609)\\Total=5258.068609

Now, we subtract the initial amount just to see how much interest was earned.

5258.068609-1000=4258.07 (rounded to nearest cent).

Therefore, the money will have earned $4,258.07 by April 20.

Have a wonderful day!

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Lucinda lives .6 miles from the park. Angie lives 10 times as far from the city park as Lucinda. Stacy lives 1/10 of a mile furt
weqwewe [10]

Answer: 6.4 miles

Step-by-step explanation:

Lucinda lives 0.6 miles from the Park and Angie lives 10 times as far as this.

= 0.6 * 10

= 6 miles

Stacy lives 1/10 miles further than Angie;

= 6 + 1/10

= 6.1 miles

She lives 3/10 of a mile closer than Gabriel which means that Gabriel lives 3/10 of a mile further from the park than Lucinda;

= 6.1 + 3/10

= 6.4 miles

4 0
3 years ago
1. Rotate segment C D 180° around point D.
Yuliya22 [10]

Rotating CD 180 degrees around the point D would mean rotating it to the other side of D, in other words, rotating it clockwise. The new line would be D->M->C

Rotating CD 180 degrees around the point E would mean rotating it clockwise till "E" is a point of the line. The new line would be E->M->D.

Rotating CD 180 degrees would keep the line in the same position right now but with CD being in different order. The new line would be D->M->C.

Best of Luck!

3 0
4 years ago
Help me with this question ​
enot [183]

Answer:

37.2

Step-by-step explanation:

when you turn the small triangle LMN to its right angle to cover the right angle of KLM, you find that they are similar triangles.

therefore the corresponding side lengths are at the same ratio.

LM/KM = MN/LN

LM = 24

MN = 13

we can get LN via Pythagoras of the small triangle

LN² + MN² = LM²

LN² + 13² = 24²

LN² = 24² - 13² = 576 - 169 = 407

LN = sqrt(407) = 20.174241

now back to our main problem

24/KM = 13/sqrt(407)

24×sqrt(407)/13 = KM = 37.2

4 0
3 years ago
PLZZZZ HELLPP  50 POINTS TO WHO CAN ANSWER CORRECTLY
finlep [7]
For this case we are going to assume that Nina wrote:
 3/4 (1440) + 295.25 + (-33.50).
 The expression is correct since we have:
 ticket sales were three-fourths as much as yesterday. That means
 3/4 (1440)
 food sales were down by $ 33.50, that means:
 295.25 + (-33.50)
 Therefore, today's sales were:
 3/4 (1440) + 295.25 + (-33.50).
 answer
 Nina's expression is correct
5 0
4 years ago
Read 2 more answers
Need help ( 8th grade math)
kifflom [539]
It would be -3/1. This is because you find where it crosses the Y axis which is at 4. Then you go down three and over one to give you the next even point. Which going down to the right means it’s negative. Hope this helps! Please mark branlist if possible!!
6 0
3 years ago
Read 2 more answers
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