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notsponge [240]
3 years ago
6

how much would $100 invested at 8% interest compounded annually be worth after 15 years? Round your answer to the nearest cent.

Do not include units in your answer.
Mathematics
2 answers:
Maslowich3 years ago
6 0

Answer: $332.01

Step-by-step explanation: APEX

svet-max [94.6K]3 years ago
5 0
To calculate problems abound about compounding interest use the equation <span>A = P (1 + r/n)^<span>(nt), where A is the future price, P is the principal amount, r is the interest rate, n is the number of times the interest is compounded per year and t for the total years. To solve, A = 100 (1 + 0.08/1)^(1 x 15) = 317.22.</span></span>
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5 1/3 x+8 1/2 =3 1/3 please answer need answers ASAP
SVETLANKA909090 [29]

Answer:

5 1/3 x+8 1/2 =3 1/3 ?

the correct answer is -1.774

Step-by-step explanation:

51/3x + 81/2=31/3 In order to find x, we follow BODMAS rule

so we have,[ 51/3] x + 81/2 =31/3

we have   51x/3 + 81/2=31/3

we collect the like terms;

51x/3= 31/3- 81/2

finding the lcm

51x/3= 2[31} - 3{81}/6

51x/3= 62-243/6

51x/3= -181\6

by using cross multiplication

we have;

6{51x}= 3{-181}

306x = -543

divide both sides by 306

we have;

x = - 1.774

check your answer from

306x=-543

306{-1.774}= -543

-543= -543

6 0
3 years ago
A soda can measures 12 cm high and has a radius of 2 cm how many millimeters of liquid will hold it
Ray Of Light [21]

Answer: 125.6 ml

Step-by-step explanation: V = (3.14) (2^2) (10)

V = (3.14) (4)(10)

V= 125.6 cm^3

1 cubic centimeter = 1 milliliter

3 0
2 years ago
Tobys office had already recycled 7 kilograms this year before starting the new recycling plan, and the new plan will have the o
iren [92.7K]

Answer:

32 weeks.

Step-by-step explanation:

Let w represent number of weeks.

We have been given that the new plan will have the office recycling 1 kilogram of paper each week. So kilograms of paper recycled in w weeks would be 1\cdot w=w.

We are also told that Toby's office had already recycled 7 kilograms. So total kilogram of paper recycled in w weeks would be w+7.

Since Toby's office has to recycle a total of 39 kilograms of paper, so we will equate 39 with paper recycled in w weeks as:

w+7=39

w+7-7=39-7

w=32

Therefore, it will take 32 weeks for Toby's office to recycle a total of 39 kilograms of paper.

7 0
4 years ago
Joan Arlington has twice as much money invested at 5% simple annual interest as she does at 4%. if her yearly income from the tw
Vesnalui [34]
<span>Let the amount invested at 4% be $100X

THEN , the amount invested at 5% WILL BE $200X

Interest earned = 4X + 10X = 266

14X = 266

X = 19 </span>
4 0
4 years ago
A rectangular floor of area 360 m2 is going to be tiled. Each tile is rectangular, and has an area of 240 cm2. An exact number o
scoray [572]

Answer:

1500

Step-by-step explanation:

The area of the regtangular floor is 360m². The floor is going to be retired with tiles having area of 240cm² . We need to find the number of times . Therefore ,

\implies 360m^2 = 360 \times 10^4 \ cm^2

And , the number of tiles required will be ,

\implies n =\dfrac{Area \ of \ floor}{Area \ of \ a \ tile }\\\\\implies n =\dfrac{ 360 \times 10^4 \ cm^2}{240 cm^2} \\\\\implies \underline{\underline{ n = 1,500 }}

<u>Hence </u><u>the</u><u> </u><u>required</u><u> answer</u><u> is</u><u> </u><u>1</u><u>5</u><u>0</u><u>0</u><u> </u><u>.</u>

4 0
3 years ago
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