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3 years ago

William is going to invest in an account paying an interest rate of 5.9% compounded

Mathematics

1 answer:

Valentin [98]3 years ago

3 0

Answer:

$\$400.92$

Step-by-step explanation:

we know that

The formula to calculate continuously compounded interest is equal to

$A=P(e)^{rt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

e is the mathematical constant number

we have

$t=19\ years\\ A=\$1,230\\ r=5.9\%=5.9/100=0.059$

substitute in the formula above

$1,230=P(e)^{0.059*19}$

solve for P

$1,230=P(e)^{1.121}$

$P=1,230/(e)^{1.121}$

$P=\$400.92$

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earnstyle [38]

Answer:

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3 years ago

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Answer:

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Step-by-step explanation:

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3 years ago

When 6 times a number is increased by 11 the result is 16 less than 9 times the number. Find the number.

scZoUnD [109]

Answer:

Brainly.in

Question

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Answer · 7 votes

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Step-by-step explanation:

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2 years ago

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$\dfrac{7}{4} - \dfrac{3}{2} - \dfrac{2}{5}$

$= \dfrac{7 \times 5}{4 \times 5} - \dfrac{3 \times 10}{2 \times 10} - \dfrac{2 \times 4}{5 \times 4}$

$= \dfrac{35}{20} - \dfrac{30}{20} - \dfrac{8}{20}$

$= \dfrac{35-30-8}{20}$

$= \dfrac{3}{20}$

---------------------------------------------------------------

$-\dfrac{5}{16} + \dfrac{3}{4} + \dfrac{1}{8}$

$= -\dfrac{5}{16} + \dfrac{3 \times 4}{4 \times 4} + \dfrac{1 \times 2}{8 \times 2}$

$= -\dfrac{5}{16} + \dfrac{12}{16} + \dfrac{2}{16}$

$= \dfrac{-5+ 12 + 2}{16}$

$= \dfrac{9}{16}$

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$\dfrac{3}{4} - \dfrac{1}{3} - \dfrac{7}{12}$

$= \dfrac{3 \times 3}{4 \times 3} - \dfrac{1 \times 4}{3 \times 4} - \dfrac{7}{12}$

$= \dfrac{9}{12} - \dfrac{4}{12} - \dfrac{7}{12}$

$= \dfrac{9 - 4 - 7}{12}$

$= -\dfrac{2}{12}$

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$= \dfrac{4 - 3 - 12}{18}$

$= - \dfrac{11}{18}$

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2 years ago

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3 years ago

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