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GalinKa [24]
3 years ago
6

An initial investment of $100,000 at 12% interest is compounded weekly (use 52 weeks in a year). What will the investment be wor

th in 30 years? An initial investment of $100,000 at 12% interest is compounded weekly (use 52 weeks in a year). What will the investment be worth in 30 years?
Round your answer to the nearest dollar. Do not include the dollar sign in your answer.
Mathematics
1 answer:
ozzi3 years ago
8 0

Answer:

$3644675.9

Step-by-step explanation:

The initial investment is $100000. The interest rate is 12%.  

We are asked to determine the final amount the investment will become after 30 years if the interest is compounded weekly.

The weekly interest rate is \frac{12}{52} = 0.231%.

Assuming 1 year equivalent to 52 weeks.

Hence, using the formula of compound interest the final sum will be  

100000(1 + \frac{0.231}{100} )^{(30 \times 52)}

= $3644675.9 (Approximate)

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Will give brainliest! Please explain how I solve the ratio 16/32=12/24
goldenfox [79]

To solve, simply simplify each fraction

(16/32)/(16/16) = 1/2

(12/24)/(12/12) = 1/2

True, the equation given to us is true.

hope this helps

8 0
3 years ago
Read 2 more answers
What is the y cordinate of the solution<br>solve 8 and 9<br>​
Flauer [41]

Answer:

8) The y coordinate of the solution: 4

9) Average of change from x = 2 to x = 4: 11

Step-by-step explanation:

8)

y = 2x + 2

y = x^2 + 3

So

x^2 + 3 = 2x + 2

x^2 - 2x + 3 - 2 = 0

x^2 - 2x + 1 = 0

(x - 1)^2 = 0

x - 1 = 0

x = 1

Plug in x = 1 into either those 2 equations to find y

y = 2(1) + 2 = 4

or

y = (1)^2 +  3 = 1 + 3 = 4

Answer:

The y coordinate of the solution is 4

9)

p(x) = x^2 + 5x - 2

p(2) = 2^2 + 5(2) - 2 = 4 + 10 - 2 = 12

p(4) = 4^2 + 5(4) - 2 = 16 + 20 - 2 = 34

Average of change from x = 2 to x = 4:

[p(4) - p(2)]/[(x(4) - x(2)] = (34 - 12)/(4-2) = 22 /2 = 11

Answer:

Average of change from x = 2 to x = 4 :11

4 0
3 years ago
PLEASE HELP ASAP
Anna35 [415]

Hello


Answer:

The correct answer is B

Step-by-step explanation:

You just use the Distribuatd property to solve

You multiply 10 to all the varibles inside the parthense

Becasued y is equal to 7 you would do 10x7=70

then 10x8=80

and 70+80=150

and the answer says the primeter is 150 when y=7



Hope this helps

Plz mark me as Brainliest

5 0
2 years ago
Select the expression that simplifies to 1 / x^1/8
Troyanec [42]

Answer:

\left(\displaystyle \sqrt[3]{x^{-\tfrac 35}}\right)^{\tfrac 58}

Step-by-step explanation:

\left(\displaystyle \sqrt[3]{x^{-\tfrac 35}}\right)^{\tfrac 58}\\\\\\=\left[ \left(\displaystyle x^{-\tfrac 35} \right)^{\tfrac 13 \right]^{\tfrac 58}\\\\\\=\left( \displaystyle x^{-\tfrac 35}\right)^{\tfrac 5{24}}\\\\\\=x^{ \displaystyle -\tfrac{3}{24}  \right}\\\\\\=x^{\displaystyle -\tfrac 18  }\\\\\\=\dfrac 1{x^{\tfrac 18}}

4 0
2 years ago
Sophia's building a skateboard ramp how many 2/5 ft long pieces can she cut from a 4 ft piece of wood what is the division expre
bagirrra123 [75]

Answer:

D. 4/(2/5)

Step-by-step explanation:

For example, if the wood was 8ft long, and was cut into 4 foot long segments, you would divide 8 by 4 to get 2, which is the logical answer. Use the same thinking here. In other words, divide the large piece into smaller pieces.

For this one, divide 4 (large) by 2/5 (small).

If simplification is needed you can make 10 pieces.

5 0
2 years ago
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