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MAXImum [283]
3 years ago
8

Trong has 12% of each paycheck automatically deposited to his savings account. His last paycheck was for $2,165. How much money

was deposited to Trong’s savings account?
Mathematics
1 answer:
Dovator [93]3 years ago
7 0
18041.66 dollars to Trongs savings account
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Multiply 65 by .4 and subtract that number from 65<span />
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Jimmy invests $2500 in an account with a 5% interest rate, making no other deposits or withdrawals. What will Jimmy’s account ba
Alik [6]

Answer:

We conclude that the total amount accrued, principal plus interest,  from compound interest on an original principal of  $2500 at a rate of 5% per year compounded 6 times per year over 8 years is $3723.38.

Step-by-step explanation:

Given

Principle P = $2500

Interest rate r = 5% = 0.05

Time period t = 8 years

To determine

Accrue Amount A = ?

Using the compound interest equation

A\:=\:P\left(1\:+\:\frac{r}{n}\right)^{nt}

where:

A represents the Accrue Amount

P represents the Principal Amount

r represents the interest rate

t represents the time period in years

n represents the number of compounding periods per unit t

Important tip:

  • Given that the interest is compounded 6 times each year, therefore, the value of n = 6.

now substituting P = 2500, r = 0.05, t = 8 and n = 6 in the equation

A\:=\:P\left(1\:+\:\frac{r}{n}\right)^{nt}

A=2500\left(1+\frac{0.05}{6}\right)^{\left(6\right)\left(8\right)}

\:A=2500\left(1+\frac{0.05}{6}\right)^{48}

A=2500\times 1.48935      ∵  \left(1+\frac{0.05}{6}\right)^{48\:\:}=1.48935

A=\:3723.38 $

Therefore, we conclude that the total amount accrued, principal plus interest,  from compound interest on an original principal of  $2500 at a rate of 5% per year compounded 6 times per year over 8 years is $3723.38.

8 0
3 years ago
the temperature at the south pole was -39degree f at 8am. at 3pm it was 10degree f, by how many degrees did the temperature rise
natita [175]

Answer:

Step-by-step explanation: start at -39 degrees. You need to find how many degrees is between -39 and 10 degrees.

+39+10= 49 degrees risen

6 0
3 years ago
Cosx=4/5 what is sin2x cos2x and tan2x
earnstyle [38]

Answer:

-24/5

Step-by-step explanation:

The solution to the problem is as follows:

cscx < 0 means 1/sinx < 0, or sinx < 0.  

sinx = -3/5 because you're dealing with a 3-4-5 triangle, and we established

sinx is negative.  

sin2x = 2sinxcosx = 2*-3/5*4/5 = -24/25  

cos(2x) = cos^2(x) - sin^2(x) = 16/25 - 9/25 = 5/25 = 1/5  

tan2x = sin2x / cos2x = -24/5

4 0
3 years ago
A contractor estimates $2,400 to build a deck to a customer’s specifications, How much would it cost to build five similar decks
Bumek [7]
5*2400=$12,000 is the total costs for 5 decks costing $2,400 each.
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