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stepladder [879]
2 years ago
12

How much would $300 invested at 9% interest compounded monthly be worth after 3 years?

Mathematics
1 answer:
belka [17]2 years ago
8 0

Answer:

F=P(1+(r/n))^(nt)

F=future amount

P=present amount

r=rate in decimal form

n=number of times per year it is compounded

t=time in years




F=P(1+(r/n))^(nt)

F=future amount

P=300

r=0.09

n=1

t=3


F=300(1+(0.09/1))^(1(3))

F=300(1+0.09)^(3)

F=300(1.09)^(3)

F=388.509


it would be worth $388.51 (rounded)



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a bag contains 6 black marbles and 6 white marbles. What is the least number of marbles that you must choose, without looking, t
o-na [289]

Given:

Number of black marbles = 6

Number of white marbles = 6

Let's determine the least number of marbles that can be chosen to be certain that you have chosen two marble of the same color.

To find the least number of marble to be chosen to be cartain you have chosen two marbles of the same color, we have:

Total number of marbles = 6 + 6 = 12

Number of marbles to ensure at least one black marble is chosen = 6 + 1 = 7

Number of marbles to ensure at least one white marble is chosen = 1 + 6 = 7

Therefore, the least number of marbles that you must choose, without looking , to be certain that you have chosen two marbles of the same color is 7.

ANSWER:

7

6 0
10 months ago
A bakery sells pie slices that are 1/6 of a pie. If they made 18 pies today.How many slices of pie will they have?
Lera25 [3.4K]

Answer:

108 slices

Step-by-step explanation:

One pie is 6 slices so 6*18 is equal to 108

4 0
2 years ago
Out of students appeared in an examination 75% passed in English, 55%. passed in Mathematics, 5% failed in both subjects and 21
rusak2 [61]

Based on the percentage that passed English and those who passed Mathematics and those who failed and passed both, the total number of students who appeared in the examination are 60 students.

The number of students who passed only in Math are 12 students.

<h3>What number of students sat in the exam?</h3>

This can be found as:

= Total who passed English only + Total who passed Math only + Total who failed both + Total who passed both

Assuming the total is n, the equation becomes:

n = 0.75n - 21 + 0.55n - 21 + 21 + 0.05n

n = 1.35n - 21

21 = 0.35n

n = 21 / 0.35

= 60 students

The number who passed mathematics only is:

= (60 x 55%) - students who passed both

= 33 - 21

= 12 students

Find out more on Venn diagrams at brainly.com/question/24581814

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4 0
1 year ago
If x = 4 and y = 7, evaluate the - following expression: 20 +2(3y - 4x)​
Andrei [34K]

Answer:

30

Step-by-step explanation:

20+2(3*7 - 4*4)

20+2(21-16)

20+2*5

20+10

30

8 0
3 years ago
Read 2 more answers
Would you solve the equation 0.25x + 7 = 1/3x – 8 <br> using fractions or decimals? Explain please.
mamaluj [8]

Answer:

x = 180

Step-by-step explanation:

Solve the value of x :

0.25x + 7 = \frac{1}{3}x - 8

-Combine \frac{1}{3}x and 0.25x by subtracting 0.25x by \frac{1}{3}x :

0.25x - \frac{1}{3}x  + 7 = \frac{1}{3}x - \frac{1}{3}x  - 8

-\frac{1}{12}x + 7 = -8

-Subtract 7 on both sides:

-\frac{1}{12}x + 7 - 7 = -8 - 7

-\frac{1}{12}x = -15

-Multiply both sides by -12, the reciprocal of -\frac{1}{12} :

\frac{-\frac{1}{12}x}{-\frac{1}{12}} = \frac{-15}{-\frac{1}{12}}

x = -15 (-12)

x = 180

Therefore, the value of x is 180.

7 0
3 years ago
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