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grandymaker [24]
3 years ago
12

Rochelle deposits $6,000 in an IRA. What will be the value (in dollars) of her investment in 15 years if the investment is earni

ng 6% per year and is compounded continuously? (Simplify your answer completely. Round your answer to the nearest cent.)
Mathematics
1 answer:
Andrew [12]3 years ago
5 0

Answer:

Step-by-step explanation:

The formula for continuously compounded interest is

A = P x e (r x t)

Where

A represents the future value of the investment after t years.

P represents the present value or initial amount invested

r represents the interest rate

t represents the time in years for which the investment was made.

From the information given,

P = $6000

r = 6% = 6/100 = 0.06

t = 15 years

Therefore,

A = 6000 x e(0.06 x 15)

A = 6000 x e(0.9)

A = $14757.6 to the nearest cent

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At andres birthday party 3 pizzas were ordered for lunch. Each pizza was divided into 8 equal slices. Each child ate 2 pieces an
pogonyaev

Answer: I dont know if im right for sure but the answer should be 4

Step-by-step explanation

8 goes into 2 4 times (8 divided by 2 = 4)

Each child ate 2 pieces (4-2=2)

so therefore for it to be 2 pieces left over there were 4 kids I think.

4 0
2 years ago
Read 2 more answers
I need a written response to solve all 4 steps
borishaifa [10]

Answer:

a. -2

b. s = 2 and y = -5

c. (2.5, -9)

d. -7x - 2

Step-by-step explanation:

a. In the image, I have used rise over run, which is -8/4 or -2.

b. slope formula is mx + b = y, where m is slope and b is the y-intercept. In the equation 2x - 5y = -10, 2 is the slope and -5 is the y-intercept.

c. Plug in all given numbers into an equation and the ones you do not have will be in the points you need it to be. Once you graph the equation you will receive (2.5, -9).

d. y = mx + b

   5 = (-7)(-1) + b

   5 = 7 + b

   -2 = b

y = -7x - 2  

6 0
2 years ago
Middle school problem attached :D
suter [353]

Answer: $638.40

Step-by-step explanation:

45% converted to a decimal is 0.45

0.45 of $1200 = 0.45* $1200 (of in this case means multiply)

0.45 * $1200= $440

Because they said 11% of remaining salary, we have to do:

$1200-$440=$760

Now 11% converted to a decimal is 0.11

5% converted to a decimal is 0.05

So 0.11+0.05

0.11+0.05= 0.16

Now 0.16 *$760=$121.60

Now we find the remaining amount so we subtract: $760-$121.60= $638.40

So our answer is $638.40 left

7 0
1 year ago
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Do these look right?
bezimeni [28]

Answer:

yes it look right like the one you have to do 2x+5=39

5 0
2 years ago
The owner of The Pizza Palace has a deal offering 1 free order of breadsticks with 3 pizzas. If 24 total pizzas were sold with t
Sedbober [7]

Answer:

8

Step-by-step explanation:

for every 3 pizzas 1 free order is served

in 24 pizzas there is 8 (3 pizzas) so 8 free order

4 0
3 years ago
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