1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alexandr402 [8]
3 years ago
8

John invests a sum of money in a

Mathematics
1 answer:
nexus9112 [7]3 years ago
6 0

Answer: 0.000007638035

Step-by-step explanation:

We can use the formula for compound interest to solve this.

Now, the formula goes thus:

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

Where A is the amount compounded, P is the initial amount I.e the principal, r is the rate in % , t is the time while n is the number of times the interest is compounded per time I.e how many times per year.

From the question, we get the following parameters, A = $1912.41 , P = ? , t = 15 years, r = 2.63% and n = 1 of course.

Now, we substitute these into the formula

1912.41 = P ( 1 + 2.63) ^ 15

1912.41 = P ( 3.63) ^ 15

1912.41 = P ( 250,379,850)

P = 1912.41 ÷ 250,379,850

P = 0.000007638035

Looks pretty funny an answer right?

You might be interested in
A bag of chocolates is labeled to contain 0.384 pounds of chocolates. The actual weight of the chocolates is 0.3798 pounds. Are
Marta_Voda [28]

Based on the information given the chocolates stated on the label is 0.0042-ounce lighter.

Weight:

Using this formula

Chocolate weight=Current weight-Actual weight

Where:

Current weight=0.384

Actual weight=0.3798

Let plug in the formula

Chocolate weight=0.384-0.3798

Chocolate weight=0.0042 ounce

In conclusion, the chocolates stated on the label are 0.0042-ounce lighter.

6 0
2 years ago
Write the sum as a product simple simplify the product (-2)+(-2)+(-2)+(-2)
iren [92.7K]
(-2)+(-2)+(-2)+(-2)
=-2-2-2-2
= -8
3 0
3 years ago
50 POINTS !!<br><br><br> PLEASE HELP !! ILL GIVE BRAINLIEST TO THE RIGHT ANSWERS.
ElenaW [278]

Answer:

8.2

Step-by-step explanation:

(4.5)^2+(6.9)^2=c^2

20.25+47.61=67.86

sqrt of 67.86= 8.2 (rounded already) :)

6 0
2 years ago
Leslie is a biologist. She is going to randomly select one animal from her lab to study. There are 5 salamanders, 3 crayfish, an
Scrat [10]
5/20 but if you were to simplify it then 1/4
8 0
3 years ago
Read 2 more answers
I don’t know the answer and I’m panicking help!!
Nonamiya [84]

Answer:

I think it may be the first one or the 3rd one! GOOD LUCK

7 0
3 years ago
Other questions:
  • I need help with this question
    7·1 answer
  • What is the density of an object haveing a mass of 5.0g and a volume of 45.0 cm3
    14·2 answers
  • . Suppose that we want to estimate the true proportion of defectives in a very large shipment of adobe bricks, and that we want
    13·1 answer
  • The next model of a sports car will cost 5.1% less than the current model. the current model costs $42,000 . how much will the p
    9·1 answer
  • Is 5 and four fifths = 5.8
    9·2 answers
  • Julie wants to have a 90 average in her math class at the end of the year. She is trying to determine what she needs to make on
    5·2 answers
  • Help asap pls -=-=-=-=--------------
    9·1 answer
  • Please help like rn !!!!!!!!!!!!!!!
    15·1 answer
  • 20 POINTS PLEASE HELP URGENT! Chad worked for 4 3/5 hours and earned $34.73.
    9·2 answers
  • Student Council is selling t-shirts and hats for $21 and $14, respectively. The club needs to raise at least $2730. They have re
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!