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Dvinal [7]
3 years ago
5

Norris currently has an account balance of $3,703.05. He opened the account 25 years ago with a deposit of $1,725.95. If the int

erest compounds monthly, what is the interest rate on the account? (3 points)
Mathematics
1 answer:
nordsb [41]3 years ago
7 0

Answer:

R = 3.057% per year

Step-by-step explanation:

This is a compound interest question

From the question, we have the following information

P = Principal = $1,725.95.

A = Amount after 25 years = $3,703.05

T = Time = 25 years

n = Compounding frequency = compounded monthly = 12

r = interest rate = ???

The formula to calculate the interest rate in a compound interest question =

r = n[(A/P)^1/nt - 1]

r = 12[($3,703.05/$1,725.95)^1/12× 25 - 1]

r = 3.057%

Therefore, the interest rate on the account is 3.057%

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Geometry :))), please help me
amm1812

Answer:

x = -5

Step-by-step explanation:

Since these two triangles are similar, the ratio between the corresponding lengths of each triangle will be the same.

This means the ratio between one side of each triangle (e.g. AD and DC) will be the same as the ratio between a different side of each triangle (e.g. BE and BC).

So, to create an equation for the sides which contain the unknown 'x', we must first find the ratio between the two sides by using a different set of sides.

On the right side we are given 9 for AD, and 18 for DC.

9/18 = 0.5

This means that the extra length of the larger triangle from the smaller one (AD) is half the length of the smaller triangle (DC). We can use this to make an equation for x:

If AD/DC = 0.5, then BE/EC will also = 0.5

BE = x+23

EC = x+41

Therefore:

\frac{x+23}{x+41} = 0.5

Now we can solve by multiplying both sides by x+41 to eliminate the fraction:

x+23=0.5(x+41)

Now we multiply out the brackets and move the terms to different sides:

x+23=0.5x+20.5

0.5x = -2.5

x = -5

And if we substitute the -5 into the equations:

-5+23 = 18

-5 + 41 = 36

We will see that -5 does indeed give us the same ratio between the lengths:

18/36 = 0.5

Hope this helped!

4 0
3 years ago
You have a summer job that pays double for working overtime. Overtime is determined as the
vfiekz [6]

Answer:

J-o+e m=a+m-a

Step-by-step explanation:D+e_e_z n-u+t-s

5 0
3 years ago
Use implicit differentiation to find y^1 for the equation y^2-y-4x=0
Rudik [331]

Answer:

Step-by-step explanation:

y²-y-4x=0

differentiate w.r.t. x

2y*y^1-y^1-4=0

(2y-1)y^1=4

y^1=4/(2y-1)

3 0
3 years ago
A square is cut from a rectangle. The side length of the square is half of the unknown width w. The area of the shaded region is
Virty [35]

Answer:

  • See below

Step-by-step explanation:

<u>The side of the square is w/2, then its area is:</u>

  • A = (w/2)² = w²/4

<u>The shaded area is the difference of areas of the rectangle and the square:</u>

  • 14w - w²/4 = 84

<u>This can be simplified:</u>

  • 56w - w² = 336
  • w² - 56w + 336 = 0

8 0
2 years ago
How to solve inscribed angles
alisha [4.7K]
If it involves an Arc, the inscribed angle is 1/2 of the measure of the are across from it. If the figure inscribed in a quadrilateral, opposite angles are supplementary (when added together equals 180 degrees) This is all I know :)
7 0
3 years ago
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