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2 years ago

How do I graph this slope?

Mathematics

1 answer:

maria [59]2 years ago

5 0

You can use the equation rise over Run you go up 4 and over 6 and you go down 2 and over 8 (im not sure if this helps)

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A bank advertises that it compounds money quarterly and that it will take Double your money in 10 years. what is the interest-ra

S_A_V [24]

The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.

Step-by-step explanation:

The given is,

Compounds money quarterly

Double your money in 10 years

Step:1

Formula to calculate future investment with compounded quarterly,

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

Where, A - Future amount

P - Initial investment\

r - Rate of interest

n - No. of compounding in a year

t - No. of years

Step:2

Let, P = X

A = 2X ( Double your money )

From given, n - 4 ( for compounding quarterly )

t - 10 years

From equation (1)

$2X =X(1+\frac{r}{4} )^{(4)(10)}$

$\frac{2X}{X} =(1+\frac{r}{4} )^{(4)(10)}$

$2 =(1+\frac{r}{4} )^{40}$

Take root $40^{th}$ root on both side,

$\sqrt[40]{2} = (1+\frac{r}{4} )$

$1.017479692 = (\frac{4+r}{4} )$

$(1.017479692)(4) = (r+4)$

$4.06992=(r+4)$

$r = 4.06992 -4$

$r =( 0.06992)(100)$

r = 6.992 %

Result:

The interest rate is 6.992%, if a bank advertises that it compounds money quarterly and that it will take Double your money in 10 years.

3 0

2 years ago

10 to the power of 4 as a decimal

Nonamiya [84]

Answer:

You treat it as 10^4 (the small number is the number of zeros. Therefore the answer is 10000. Or of you meant 10^-4. Its the same concept, just reversed. So the answer in this case is 0.0004.

Cheers! :)

3 0

2 years ago

A different map has a scale of 1:50000

Deffense [45]

Answer:

8 Km

Step-by-step explanation:

16 x 50000 = 800,000 cm

800,000 cm = 8,000 m

8,000 m = 8 km

I hope this helps, if not sorry

6 0

2 years ago

Plz can you just answer c

Rasek [7]

Answer:

c. The mean is the same as the average. The average is (6 * 5 + 7 * 4 + 8 * 7 + 9 * 10 + 10 * 4) / (5 + 4 + 7 + 10 + 4) = 244 / 30 = 8.133.

5 0

2 years ago

Isamasonip invested $2.000 in

alexgriva [62]

Answer:

Compound Interest= $3440

Final Amount= $5440

Step-by-step explanation:

Compound Interest's formula= P(1+r/100)^n

where P is Principal, r is Rate then n is Years

So in this case,,2000(1+.72)^1 = $3440

Hence, Total Amount = Principal+Interest

therefore T.A= $2000+$3440

T.A=$5440

Thanks... Subjected to Review

7 0

2 years ago