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emmainna [20.7K]
3 years ago
6

You deposit ​$18,000 into a savings account at a bank that has a rate of 66​% compounded monthly. Find the amount of money in th

e account after 44 years. 
Mathematics
1 answer:
Gelneren [198K]3 years ago
4 0
Equation you are going to use is A = P(1+ \frac{r}{n}) ^{nt} where A is the amount earned, P is the initial/principal amount, R is the rate, N is the number of periods the amount is compounded, and t is the time in years.

P = 18000, R = 66% or .66, N = monthly so 12, T = 44 years.

So plugging it we get A = 18000( 1 +  \frac{.66}{12})^{44*12}.

Type that into your calculator or an excel sheet for your answer. My calculator  (a TI-36X Pro) gives me 3.40856195_{E}16 which isn't  a very practical answer for money calculations. 
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Solve the system of equations:<br> y = x-4<br> -2x + y = 18
Pie

Answer:

x = 7.3

Step-by-step explanation:

-2x + x-4 = 18

First, Combine Like Terms

-3x + (-4) = 18

Then, do Inverse Operations

-3x + -4 = 18

       + 4   +4

Cancel out the -4 +4 because it will equal zero and won't matter to the equation

-3x = 22

Do Inverse Operations again. In this case, you will divide.

-3x = 22

-3x/-3 = 22/-3

Cancel out the -3x/-3

22/-3 = x

7.3 = x

6 0
3 years ago
Which is a solution to the equation |10-5y|=20<br><br>y=2<br><br>y=4<br><br>y=6<br><br>y=10
Pavlova-9 [17]

Answer:

y=6

Step-by-step explanation:

|10-5y|=20

Since the absolute value is isolated, we can then separate the equations

For absolute values, there is a positive and negative when we remove the absolute values.

10-5y = 20          10-5y= -20

Subtract 10 from each side

10-10-5y = 20-10          10-10-5y= -20-10

-5y = 10                             -5y = -30

Divide by -5

-5y/-5 =10/-5                    -5y = -30/-5

y =-2                                      y =6

7 0
3 years ago
Indy has x erasers and y pencils. How many erasers and pencils does Indy have?
navik [9.2K]
X + y, because you do x + y and you can't simplify. Hope this helps!
8 0
4 years ago
Read 2 more answers
Can someone help me solve the inequality-2x+4&gt;8 with the steps? Thanks
stellarik [79]

\huge\text{Hey there!}

\rm{-2x + 4 > 8}

\large\textsf{SUBTRACT  4 to BOTH SIDES}

\rm{-2x + 4 - 4 > 8 - 4}

\large\textsf{CANCEL puts 4 - 4 because that gives you 0}

\large\textsf{KEEP: 8 - 4 because that helps solve for the x-value}

\rm{8 - 4 = \boxed{\bf 4}}

\rm{NEW\  EQUATION: -2x > 4}

\large\textsf{DIVIDE -2 to BOTH SIDES}

\mathsf{\dfrac{-2}{-2}>\dfrac{4}{-2}}

\mathsf{CANCEL\  out: \dfrac{-2}{-2}\  because\  that\  gives\  you\  1}

\mathsf{KEEP: \dfrac{4}{-2} \ because \ it \ helps \you \ compare\  to \  the \ x-value }

\mathsf{\dfrac{4}{-2} = \boxed{\bf -2}}

\rm{\bold{x < -2 }}

\rm{It\ is \ an\  O PENED \ circle \  shaded \  to \ the \ left \ side \ of \ the \ number  \ line}

\boxed{\boxed{\large\textsf{Answer: } \mathsf{\bf x < -2}}}\huge\checkmark

\large\text{Good luck on your assignment and enjoy your day!}

~\frak{Amphitrite1040:)}

8 0
3 years ago
Select all the values that cannot be probabilities a. 3/5b. 1c. -0.45d. 0.06e. 1.16f. 0g. 5/3h. √2
nikitadnepr [17]

Answer:

c,-0.45 ,

e. 1.16

g. 5/3

h. √2

Cannot be probability.

Step-by-step explanation:

Probability of any occurrence is always in the interval of 0 to 1. 0 and 1 inclusive.

0≤P(A)≤1

Any value outside this boundaries cannot be probability.

Therefore, -0.45,1.16,5/3 and √2 cannot be probability.

4 0
3 years ago
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