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nlexa [21]
3 years ago
13

Jim received a $2000 loan from his bank. The loan accrues 3% interest every 3 months. How much will Jim owe the bank after 4 yea

rs? Round to the nearest cent
Mathematics
1 answer:
pashok25 [27]3 years ago
4 0

Answer:

$2253.98

Step-by-step explanation:

Jim received a $2000 loan from his bank. The loan accrues 3% interest every 3 months.

A=P(1+\frac{r}{n} )^{nt}

P=2000

r= 3%=0.03  and t= 4 years

interest every 3 months so n= 4

A=2000(1+\frac{.03}{4} )^{4 \cdot 4}

A=2000(1+\frac{.03}{4} )^{16}\\A=2000(1.0075)^{16}\\\\A=2253.98

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The equation represents the magnitude of an earthquake that is 10 times more intense than a standard earthquake is \rm M = log\left ( \dfrac{10S}{S}\right ).

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<h3>The magnitude of an earthquake</h3>

The magnitude of an earthquake is a measure of the energy it releases.

For an earthquake with 1,000 times more intense than a standard earthquake.

The equation represents the magnitude of an earthquake that is 10 times more intense than a standard earthquake is;

\rm M =log \dfrac{I}{S}\\\\M = log \dfrac{10s}{s}\\\\M=log 10\\\\M =1

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5 0
2 years ago
Match each system to the correct choice.
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Answer:

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Step-by-step explanation:

The slope equation is known as;

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Now, two lines are parallel if their slopes are equal.

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Two lines are said to intersect but not perpendicular if they have different slopes but their products are not -1.

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Two lines are said to be equivalent with infinitely many solutions when their slopes and y-intercept are equal.

Option B falls into this category.

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The population of bobcats in northern Arizona since 2008 can be modeled using the function b(t) = –0.32t2 + 2.7t + 253. What doe
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See below.

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