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Vesna [10]
3 years ago
10

If I invest 5,000 at a rate 8.5% for 13 days? How much interest will I earn on my investment if the interest is compounded daily

?
I need help with setting up formula or help in general. Any help is appreciated.
Mathematics
1 answer:
bogdanovich [222]3 years ago
4 0

Using the formula A = P(1 + r/n)^nt

P = 5,000

r = 8.5% or 0.085

n = 365

t = 13/365 (13 days out of a year)

A = 5,000 (1 + 0.085/365)^365*13/365

A = 5015.16

You will earn $15.16


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The Lynx star middle linebacker, Nat, is paid $500,000. He is guaranteed a 25% raise for each of the next three years. What will
shutvik [7]

Answer:

Nat's salary after 3 years = 976562.5 $

Explanation:

Salary of Nat =  $500,000

Raise in salary for next three years = 25 % = 0.25

Salary of Nat after 1 year = 500,000 + 0.25 * 500,000 = 625000 $

Salary of Nat after 2 years = 625000 + 0.25 * 625000 = 781250 $

Salary of Nat after 3 years = 781250 + 0.25 * 781250 = 976562.5 $

So, Nat's salary after 3 years = 976562.5 $

Easy Method;

   No of years considering = 3

   Initial salary = $500,000

   Rate of increase = 0.25

   Final salary = 500,000(1+0.25)^3=976562.5$

Nat's salary after 3 years = 976562.5 $

3 0
3 years ago
A square tile has an area of 148 in2.
aivan3 [116]
Yes you are correct B is the right answer
3 0
3 years ago
PLEASE ANSWER PLEASEE!!!!!!!
Montano1993 [528]

Answer:

they would both be 61°

Step-by-step explanation:

when the angles make out a straight line it equals to 180 and 180 subtracted to 119 comes out to 61 and both b and c are vertical angles which would make them congruent

4 0
3 years ago
Read 2 more answers
Plot the x-intercept(s), y-intercept, vertex, and axis of symmetry for the function below.
telo118 [61]
<span>g(x) = x^2 + 4x + 3

y-intercept:  let x=0.  Then y=3.  y-intercept is (0,3).

roots:  set g(x) = 0 and solve for x.  x=-1 and x=-3.

                                                                                       -4
axis of symmetry:  find x = -b / (2a), which here is x = ----- = -2
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6 0
3 years ago
Read 2 more answers
You plant a rectangular rose garden along the side of your garage. You enclose 3 sides of the garden with 40 feet of fencing. Th
solmaris [256]

Let's assume

length of rectangle =L

width of rectangle =W

You enclose 3 sides of the garden with 40 feet of fencing

so, we get

L+2W=40

now, we can solve for L

L=40-2W

we know that

area of rectangle is

A=L*W

100=L*W

now, we can plug

100=(40-2W)*W

now, we can solve for W

-2W^2+40W-100=0

we can use quadratic formula

W=\frac{-40+\sqrt{40^2-4\left(-2\right)\left(-100\right)}}{2\left(-2\right)}

W=\frac{-40-\sqrt{40^2-4\left(-2\right)\left(-100\right)}}{2\left(-2\right)}

we can take anyone value ..because both are giving positive value

first dimensions:

W=2.929

now, we can find L

L=40-2*2.929

L=34.142

so, length is 34.142feet

width is 2.929 feet

Second dimensions:

W=17.071

now, we can find L

L=40-2*17.071

L=5.858

so, length is 5.858feet

width is 17.071 feet



6 0
3 years ago
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