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DochEvi [55]
3 years ago
5

Emma invested $41,000 in an account paying an interest rate of 2.6% compounded monthly. Assuming no deposits or withdrawals are

made, how long would it take, to the nearest tenth of a year, for the value of the account to reach $49,300?
Mathematics
1 answer:
kvasek [131]3 years ago
8 0

Answer: it will take 7 years for the value of the account to reach $49,300

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

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

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

P = $41000

A = $49300

r = 2.6% = 2.6/100 = 0.026

n = 12 because it was compounded 12 times in a year.

Therefore,

49300 = 41000(1 + 0.026/12)^12 × t

49300/41000 = (1 + 0.0022)^12t

1.2024 = (1.0022)^12t

Taking log of both sides of the equation, it becomes

Log 1.2024 = 12t × log 1.0022

0.08 = 12 × 0.00095 = 0.0114t

t = 0.08/0.0114

t = 7 years

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Question 5 and 6 please help me
sp2606 [1]

Problem 5

The function is continuous for the given domain x \ge 6

This is because y = (-5/6)x+5 is itself continuous, and any interval subset of this function is also continuous. We can plug in any real number that is equal to 6 or larger, and get some y output. If we plugged in x = 6, then we'd get

y = (-5/6)x+5

y = (-5/6)*6 + 5

y = -5+5

y = 0

This is the largest y value possible. Why? Because y = (-5/6)x+5 has a negative slope, so the graph is going downhill as you read it from left to right. As x gets bigger, y gets smaller. The smallest x value allowed in the domain produces the largest y value in the range. There is no smallest y value as the y values keep going down forever.

The range is therefore y \le 0

In interval notation, you can write the range as (-\infty, 0]. The square bracket indicates "include this endpoint as part of the range".

======================================================

Problem 6

The function is discrete for this given domain. The domain itself is a discrete list of values. We cannot plug in values between say 0 and 2. We can only substitute one of those values from the list given. Consequently, the y values will also be a list, and not an interval like problem 5 had.

-----------

If you plugged in x = -4, then you should get...

y = (-1/2)*(-4)+2

y = 2+2

y = 4

So the input x = -4 lead the output y = 4

Repeat for x = -2

y = (-1/2)x+2

y = (-1/2)*(-2)+2

y = 1+2

y = 3

and the same for x = 0 as well

y = (-1/2)x+2

y = (-1/2)*0 + 2

y = 0 + 2

y = 2

and x = 2 also

y = (-1/2)x+2

y = (-1/2)*2 + 2

y = -1+2

y = 1

Finally, plug in x = 4

y = (-1/2)x+2

y = (-1/2)*4+2

y = -2+2

y = 0

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If we plugged each of these x values {-4, -2, 0, 2, 4} one at a time into the equation y = (-1/2)x+2, then we get this list of values {4, 3, 2, 1, 0}

Sorting the values from smallest to largest, we have this range {0, 1, 2, 3, 4}

3 0
3 years ago
Reduced form of 2ab^2-a^2 b^2/5
Ket [755]

Answer:

2ab^2-\frac{a^2b^2}{5}=\frac{10ab^2-a^2b^2}{5}

Step-by-step explanation:

Given the expression

2ab^2-\frac{a^2b^2}{5}

\mathrm{Convert\:element\:to\:fraction}:\quad \:2ab^2=\frac{2ab^25}{5}

2ab^2-\frac{a^2b^2}{5}=\frac{2ab^2\cdot \:5}{5}-\frac{a^2b^2}{5}

\mathrm{Since\:the\:denominators\:are\:equal,\:combine\:the\:fractions}:\quad \frac{a}{c}\pm \frac{b}{c}=\frac{a\pm \:b}{c}

                 =\frac{2ab^2\cdot \:5-a^2b^2}{5}

                 =\frac{10ab^2-a^2b^2}{5}

Thus,

2ab^2-\frac{a^2b^2}{5}=\frac{10ab^2-a^2b^2}{5}

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Answer:

Next will be 33, 25, and 21

Step-by-step explanation:

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