Can you help me on this. It is due today

Mathematics

1 answer:

seraphim [82]2 years ago

4 0

The amount after 6 years is $3906.18

Step-by-step explanation:

Step 1 :

Given,

Principal = $3500

number of years = 6

Rate of interest = 1.83% compounded daily

We need to determine the amount

Step 2 :

The amount can be computed using the formula

A = P $(1 + \frac{r}{100} )^{n}$

where P represents the principal amount

r = interest rate

n = number of terms.

Here, interest = 1.83% daily = 1.83 ÷ (100× 365)

n = 6 × 365 (because interest given is compounded daily)

Hence A = 3500 ( $(1 + \frac{1.83}{365 * 100 } )^{6 * 365}$ ) = $3906.18

Step 3 :

Answer :

The amount after 6 years is $3906.18

You might be interested in

Simplify: (x^2+2x-1)-(x+1)

notka56 [123]

Answer:

x^2+x-2

this is the answer bc the 2nd parentheses is being multiplied by the negative sign meaning you need to subtract it from the 1st parentheses.

6 0

3 years ago

Read 2 more answers

Anyone know how to prove these are equal to one another? I also need all the steps.

IrinaVladis [17]

Answer:

Step-by-step explanation:

it can be simplified to $\frac{sec \theta}{cot\theta+tan\theta} =sin\theta$ . if you multiply each side by the denominator, it becomes $sec\theta=\frac{sin^2\theta}{cos\theta} + cos\theta$ since $tan\theta=\frac{sin\theta}{cos\theta}$ and cotan is the reciprocal of that. Because $sec\theta=\frac{1}{cos\theta}$ so multiplying each side gives $1=sin^2\theta+cos^2\theta$ , and $sin^2\theta+cos^2\theta$ is equal to 1.