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devlian [24]
3 years ago
12

How much money will you have if you started with $1250 and put it in an account that earned 6.7% every year for 14 years?

Mathematics
1 answer:
KatRina [158]3 years ago
3 0

Answer:

$3098.93

Step-by-step explanation:

We can use the formula for compound growth to solve this. The formula is:

F=P(1+r)^t

Where

F is the future value (the value at end of 14 years, our answer)

P is the initial amount invested ($1250)

r is the interest rate, in decimal (6.7% is 0.067)

t is the time in years (14, in our case)

<em>Plugging in all the information</em> we have:

F=P(1+r)^t\\F=1250(1+0.067)^14\\F=1250(1.067)^14\\F=3098.93

The account will accrue $3098.93 after 14 years.

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A square rug covers 79 square feet of floor. What is the approximate length of one side of the rug? (Approximate to the nearest
GaryK [48]

Answer:

8.88 feet

Step-by-step explanation: Since it is a square all the sides equal the same number. You may not know how to use square roots yet but, I will show you how they are helpful. The square root of a number is when the 2 numbers being multiplied together are the same. For example, 3*3 is 9. The square root of 9 is 3 because when you multiply 3 and 3 together you get 9. For your problem since all the problems start with 8.8 we know it is bigger than 8 and less than 9 because the square root of 8 is 64 and the square root of 9 is 81. Since 79 is closer to 81 then it is to 64 we know 8.86 and 8.87 won't work because they are too small. From here the best way to figure it out is by trial and error if you are not allowed to use a calculator. So try 8.88 times 8.88 and 8.89 times 8.89. But if you are allowed to use a calculator (a scientific calculator) type in 79. There should be a button that looks like \sqrt{x\\. If you press it it will give you the square root of 79 (which is what you are looking for).

6 0
3 years ago
What is the volume of the right rectangular prism below?
Vesnalui [34]

Answer:

Volume of right rectangular prism = 3.75 in³

Step-by-step explanation:

Given:

First side of rectangular prism = 2 inches

Second side of rectangular prism = 1\frac{1}{2} = 1.5 inches

Third side of rectangular prism = 1\frac{1}{4} = 1.25 inches

Find:

Volume of right rectangular prism:

Computation:

Volume\ of\ right\ rectangular\ prism=lbh\\\\Volume\ of\ right\ rectangular\ prism=(2)(1.5)(1.25)\\\\ Volume\ of\ right\ rectangular\ prism= 3.75 in^3

7 0
2 years ago
PLEASE HELP
ser-zykov [4K]

Answer:

f(x)=-5x+1

Step-by-step explanation:

i hope this works for you

7 0
3 years ago
Find a ratio that is<br> equivalent to 3 to 8.
lilavasa [31]
A ratio that is equivalent is 18:48
5 0
2 years ago
Read 2 more answers
What are the coordinates for the x and y intercepts of the function 4y - 2x = 24?
Alexeev081 [22]
First, let's put this in Slope-intercept form: y = mx + b, where m is the slope and b is the y-intercept.
4y - 2x = 24          Add 2x to both sides
4y = 2x + 24         Divide both sides by 4
y = (1/2)x + 6
Now that we're in slope-intercept we can easily find the y and x intercepts/
b = 6, so the y-intercept equals 6. Plug zero in for x to confirm!

Now we plug 0 in for y to find the x intercept:
0 = (1/2)x + 6     Subtract 6 from both sides
-6 = (1/2) x          Multiply both sides by 2
-12 = x
The x intercept is -12

In Conlusion:
x-intercept = -12
y- intercept = 6
6 0
3 years ago
Read 2 more answers
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