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3 years ago

Determine the value of the account if the initial investment is $8,000 compounded monthly at a rate of 6% after 10 years

Mathematics

1 answer:

MatroZZZ [7]3 years ago

8 0

Answer:

$14,555.17

Step-by-step explanation:

initial investment, p = $8,000

rater, r = 6% = 0.06

Number of times compounded yearly = 12

Time, t = 10 years

Amount, A = p(1 + r/n)^tn

A = 8000(1 + 0.06/12)^10*12

A = $14,555.17

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Step-by-step explanation:

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3 years ago

Q(x)= 1/2x - 3; q(x) =-4. Find the value of x

Lelu [443]

Answer:

$q(x) =-5$

Step-by-step explanation:

I am solving this using Function Notation.

We are given:

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While we are to find:

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In Function Notation, replace all the " $x$ " you see with the value you are given.

So, in this case,

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Would become

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2 years ago

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