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RSB [31]
3 years ago
8

John Smith has found a​ short-term investment opportunity. He can invest ​$6,000 at 0.75 % interest for 15 days. How much intere

st will he earn on this investment if the interest is compounded​ daily? Click the icon to view the table of compound interest of​ $100 compounded daily.
Answer: The Interest is $ . (Round to the nearest cent as needed.)
Mathematics
1 answer:
maxonik [38]3 years ago
6 0

Answer:

$45.16

Step-by-step explanation:

Given:

Principle amount = $6,000

Rate of interest, r = 0.75%

Duration = 15 days

Since, the interest is compounded daily

Future value = \textup{Present value}\times(1+\frac{r}{n})^n

or

Future value = 6000\times(1+\frac{0.0075}{15})^15

or

Future value = $6045.16

Therefore,

the interest earned = Future value - Principle amount

or

The interest earned = $6045.16 - $6000 = $45.16

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Simplyify t^12/t^6 *PLEASE HELP*
Julli [10]

Answer:

C

Step-by-step explanation:

In division when bases are same you do top exponent minus bottom exponent.

So here you do t^(12-6) which is t^6.

3 0
3 years ago
What is 591/9120 plz answer corretly
larisa [96]

Answer:

simplified will be 197/3040. as a decimal it is 0.06480263157

Step-by-step explanation:

pls give brainilist and have an AMAZING DAY!!!

7 0
3 years ago
Would it be 1/5 ?? i'm not sure how to do probability
Sidana [21]

Answer:

Choice A

Step-by-step explanation:

5 red socks, 2 white socks, 3 blue socks = 10 socks


1 st sock red : 5 / 10

2nd sock red : 4/9

we didn't put the sock back

a pair of red socks

5/10 * 4/9 = 20/90 = 2/9



8 0
3 years ago
10x-2y=18 8x=y solve by substitution
lana [24]

Answer:

x = -1 and y = 18

Step-by-step explanation:

Given the system of equations

y + 8x = 10... 1

2y - 4x = 40 ... 2

From 1; y = 10-8x

Substitute into 2;

2(10-8x) - 4x = 40

20 - 16x - 4x = 40

20 - 20x = 40

-20x = 40 - 20

-20x = 20

x = -1

Recall that y = 10-8x

y = 10 - 8(-1)

y = 10 + 8

y = 18

therefore your answer is  x = -1 and y = 18

4 0
2 years ago
Read 2 more answers
ILL GIVE YOU BRAINLIST !!!
kifflom [539]

3m+8-2m^3

M=-1

3x-1=-3

-2x-1=-2

-3+8+2^3

2x2=4x2=8

-3+8+8

-3+16 or 16-3

13

Hope it helps!

4 0
3 years ago
Read 2 more answers
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