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3 years ago

Plug in a test point to find the region to be shaded

Mathematics

1 answer:

Valentin [98]3 years ago

4 0

is there a picture we can use to understand this?

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Suppose that $3000 is placed in an account that pays 16% interest compounded each year. Assume that no withdrawals are made from

Papessa [141]

Answer:

a) $3480

b) $4036.8

Step-by-step explanation:

The compound interest formula is given by:

$A(t) = P(1 + \frac{r}{n})^{nt}$

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.

Suppose that $3000 is placed in an account that pays 16% interest compounded each year.

This means, respectively, that $P = 3000, r = 0.16, n = 1$

$A(t) = P(1 + \frac{r}{n})^{nt}$

$A(t) = 3000(1 + \frac{0.16}{1})^{t}$

$A(t) = 3000(1.16)^{t}$

(a) Find the amount in the account at the end of 1 year.

This is A(1).

$A(t) = 3000(1.16)^{t}$

$A(1) = 3000(1.16)^{1} = 3480$

(b) Find the amount in the account at the end of 2 years.

This is A(2).

$A(2) = 3000(1.16)^{2} = 4036.8$

4 0

3 years ago

Number?What igest ounded to the nearest who

Reptile [31]

Look at it on the Internet

7 0

3 years ago

One number is eight more than twice another. If their difference is 25, what is the larger number?

Vladimir79 [104]

You can set up an system of equations
x=2y+8
x-y=25

Substitute x in to the second equation
2y+8-y=25
y+8=25
y=17

Substitute the y back in to the first equation.
x=2(17)+8=42

7 0

3 years ago

Which decimal is equivalent to -31/8

Leokris [45]

Answer:

-3.875

Step-by-step explanation:

7 0

3 years ago

Read 2 more answers

EVALUATE THE FUNCTION REQUESTED. WRITE YOUR ANSWER AS A FRACTION IN LOWEST TERMS

Kryger [21]