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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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3. 'a' and 'b' are the intercepts made
Julli [10]

Given:

'a' and 'b' are the intercepts made  by a straight-line with the co- ordinate axes.

3a = b and the line  pass through the point (1, 3).

To find:

The equation of the line.

Solution:

The intercept form of a line is

\dfrac{x}{a}+\dfrac{y}{b}=1         ...(i)

where, a is x-intercept and b is y-intercept.

We have, 3a=b.

\dfrac{x}{a}+\dfrac{y}{3a}=1           ...(ii)

The line  pass through the point (1, 3). So, putting x=1 and y=3, we get

\dfrac{1}{a}+\dfrac{3}{3a}=1

\dfrac{1}{a}+\dfrac{1}{a}=1

\dfrac{2}{a}=1

Multiply both sides by a.

2=a

The value of a is 2. So, x-intercept is 2.

Putting a=2 in b=3a, we get

b=3(2)

b=6

The value of b is 6. So, y-intercept is 6.

Putting a=2 and b=6 in (i), we get

\dfrac{x}{2}+\dfrac{y}{6}=1

Therefore, the equation of the required line in intercept form is \dfrac{x}{2}+\dfrac{y}{6}=1.

5 0
3 years ago
A garden snail moves 1/6 foot in 1/3 hour. What is his rate in feet per minute?
azamat
I hope you can read this or see it and it helps,thanks bye bye.

3 0
3 years ago
What is the probability that, after making two rolls with a fair (six-sided) die, you find that one or both of the rolls is grea
Andreyy89
There are 36 total possibilities when one rolls a six sided die. 
<span><span>(1,1)(1,2)(1,3)(1,4)(1,5)(1,6)</span><span>(2,1)(2,2)(2,3)(2,4)(2,5)(2,6)</span><span>(3,1)(3,2)(3,3)(3,4)(3,5)(3,6)</span><span>(4,1)(4,2)(4,3)(4,4)(4,5)(4,6)</span><span>(5,1)(5,2)(5,3)(5,4)(5,5)(5,6)</span><span>(6,1)(6,2)(6,3)(6,4)(6,5)<span>(6,6).
Out of these possibilities there are 3 that make 4.4 that make make 5. 5 that make 6. 6 that make 7. 5 that make 8. 4 that make 9. 3 that make 10. 2 that make 11 and 1 that makes 12. Now add the combinations 3+4+5+6+5+4+3+2+1. The answer would be 33. </span></span></span>
5 0
3 years ago
Maritza desea ir de viaje con su familia, que está conformada por ella, su esposo y sus 3 hijos. Ella comprará pasajes cuyo cost
harina [27]

El dinero que le falta a Maritza y su esposo para viajar es 330.

<h3>¿Cuánto dinero les falta?</h3>

Para calcular el dinero que les falta debemos identificar la cifra total que les va a costar el viaje:

  • 75 x 10 = 750
  • 800
  • 60 x 3 = 180
  • 150 x 5 = 750
  • 130 x 5 = 650

  • 750 + 800 + 180 + 750 + 650 = 3,130

El valor total del viaje es s/3,130, entonces les faltarían s/330.

3,130 - 2,800 = 330

Aprenda más sobre presupuesto en: brainly.com/question/17292137

#SPJ1

7 0
2 years ago
Determine the reading of the scale of the following instrument
Zanzabum
Answer: is there suppose to be a pictured inserted?
6 0
3 years ago
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