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svlad2 [7]
3 years ago
11

Suppose your​ friend's parents invest $15,000 in an account paying 6% compounded annually. What will the balance be after 9 ​yea

rs? round to nearest cent
Mathematics
1 answer:
EleoNora [17]3 years ago
6 0

Answer:

$25342.18

Step-by-step explanation:

Suppose my friend's parents invest $15000 in an account paying 6% compound interest which is compounded annually.

So, we have to calculate the balance that will become after 9 years i.e. the maturity amount after 9 years.

Now, using the formula of compound interest we get the sum as

S = 15000(1 + \frac{6}{100})^{9} = 25342.18 dollars (Approximate)

(Answer)

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8 0
3 years ago
Someone help me asap!
Sergeeva-Olga [200]
Answer: 5/2

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5 0
3 years ago
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What is the equation of the quadratic graph with a focus of (-4,17/8) and a directrix of y=15/8
Temka [501]
So hmm notice the graph below

based on where the focus point is at, and the directrix, then, the parabola is opening upwards, meaning the squared variable is the "x"

\bf \begin{array}{llll}
(y-{{ k}})^2=4{{ p}}(x-{{ h}}) \\\\
\boxed{(x-{{ h}})^2=4{{ p}}(y-{{ k}})}\\
\end{array}
\qquad 
\begin{array}{llll}
vertex\ ({{ h}},{{ k}})\\\\
{{ p}}=\textit{distance from vertex to }\\
\qquad \textit{ focus or directrix}
\end{array}

now, keep in mind, the vertex is at coordinates h,k
the vertex itself is half-way between the focus and directrix
the directrix is at y=15/8 and the focus is at y=17/8
so, half-way will then be \bf \cfrac{17}{8}-\cfrac{15}{8}=\cfrac{2}{8}\iff \cfrac{1}{4}

well, so is 1/4 between the focus point and the directrix, half of that is 1/8
so, if you move from the focus point 1/8 down, you'll get the y-coordinate for the vertex, or 1/8 up from the directrix, since the vertex is equidistant to either

what's the "p" distance? well, we just found it, is just 1/8

so, the x-coordinate is obviously -4, get the y-coordinate by 17/8 - 1/8   or 15/8 + 1/8

and plug your values (x-h)² = 4p(y-k)   and then solve for "y", that's the equation of the quadratic

4 0
4 years ago
A subway train arrives every 10 minutes during rush hour. We are interested in the length of time a commuter must wait for a tra
Umnica [9.8K]

Answer:

A subway train arrives every 10 minutes during rush hour. We are interested in the length of time a commuter must wait for a train to arrive. The time follows a uniform distribution. Find u, which is the average length of time a commuter must wait for a train to arrive. Round to one decimal place. = 3

4 0
3 years ago
4. I need help with question in the attached picture!
Arisa [49]

ANSWER

D. 13

EXPLANATION

We have

f(x) =  \frac{2x + 1}{x - 4}

To find

{f}^{ - 1} (3)

means we want to find an x-value whose image is 3.

\frac{2x + 1}{x - 4}  = 3

We cross multiply,

2x + 1 = 3(x - 4)

Expand:

2x + 1 = 3x - 12

Combine like terms,

3x - 2x = 12 + 1

x = 13

\therefore{f}^{ - 1} (3)= 13

4 0
3 years ago
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