Using the interest formulas, it is found that the values of the investment are given as follows:
- Using simple interest, the value will be of $34,000.
- Using compound interest, the value will be of $144,461.
- Using continuous compounding, the value will be of $148,002.
<h3>Simple Interest</h3>
Simple interest is used when there is a single compounding per time period.
The amount of money after t years in is modeled by:
In which:
- r is the interest rate, as a decimal.
In this problem, we have that the parameters are as follows:
P = 9000, r = 0.07, t = 40.
Hence:
<h3>Compound interest</h3>
n is the number of compounding, for quarterly n = 4, then:
<h3>Continuous compounding</h3>
Hence:
More can be learned about the interest formulas at brainly.com/question/25296782
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Jake’s family traveled a total of 1,543 miles
Answer: it will take 9 hours.
Step-by-step explanation:
The rain is falling at the rate of 1.5 inches per hour. This means that the height of water in the barrel is increasing in arithmetic progression.
The formula for determining the nth term of an arithmetic sequence is expressed as
Tn = a + d(n - 1)
Where
a represents the first term of the sequence.
d represents the common difference.
n represents the number of terms in the sequence.
From the information given,
a = 18 inches
d = 1.5 inches
The expression becomes
Tn = 18 + 1.5(n - 1)
For the number of hours it would take to collect 30 inches of rain in the barrel, Tn = 30
Therefore,
30 = 18 + 1.5(n - 1)
1.5(n - 1) = 30 - 18
1.5(n - 1) = 12
n - 1 = 12/1.5 = 8
n = 8 + 1
n = 9
Answers:
(x+2) = 55 degrees
x = 53 degrees
the given is 72 degrees
Explanation:
A triangle always equals 180 degrees. It was given that one of the angle measures is 72 degrees. 180-72=108. Now I need to find the value of x. (x+2)+x=108. Solving this equation I get x=53. Substitute this back into the angle measures and u get the answers as stated above.
Answer:
C
Step-by-step explanation:
<h2>—Math</h2>
38% = 38/100
= 19/50
