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Sunny_sXe [5.5K]
3 years ago
6

Tom deposited $2410 in a bank that pays 12% interest, compounded monthly. Find the amount he will have at the end of 3 years.

Mathematics
1 answer:
OLEGan [10]3 years ago
4 0

Answer:

Base amount: $2,410.00

Interest Rate: 12% (yearly)

Effective Annual Rate: 12.68%

Calculation period: 3 years

$3,448.15

Step-by-step explanation:

The generic formula used in this compound interest calculator is

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

V = the future value of the investment

P = the principal investment amount

r = the annual interest rate

n = the number of times that interest is compounded per year

t = the number of years the money is invested for

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luke has $1.40 in quarters and nickels. he has 2 more quarters than nickels. how many coins of each type does he have?
Ainat [17]

Answer:

3 nickels and 5 quarters

Step-by-step explanation:

Let n = number of nickels

q = number of quarters

q = n+2

.25q + .05n = 1.40

Using the first equation and replacing q in the second equation

.25( n+2) + .05n = 1.40

Distribute

.25n+.50 +.05n = 1.40

Combine like terms

.30n +.5 = 1.40

Subtract .5 from each side

.3n +.5-.5 = 1.40-.4

.3n = .9

Divide by .3

.3n/.3 = .9/.3

n = 3

q = n+2

q=5

8 0
3 years ago
Read 2 more answers
Total cost to rent a row boat is $16 times the number of hours the boat is used write an equation to the model this situation if
LUCKY_DIMON [66]
C = 16h

This is the basic set up of a cost function which is a direct correlation. 
6 0
3 years ago
Solve each system by substitution<br><br> 2x - 3y = -1<br> X + 4y = -6
lord [1]

Answer:

(- 2, - 1 )

Step-by-step explanation:

Given the 2 equations

2x - 3y = - 1 → (1)

x + 4y = - 6 → (2)

Rearrange (2) expressing x in terms of y by subtracting 4y from both sides

x = - 6 - 4y → (3)

Substitute x = - 6 - 4y into (1)

2(- 6 - 4y) - 3y = - 1 ← distribute and simplify left side

- 12 - 8y - 3y = - 1

- 12 - 11y = - 1 ( add 12 to both sides )

- 11y = 11 ( divide both sides by - 11 )

y = - 1

Substitute y = - 1 into (3) for corresponding value of x

x = - 6 - 4(- 1) = - 6 + 4 = - 2

Solution is (- 2, - 1 )

3 0
3 years ago
Cting Polynomials: Practice
Colt1911 [192]

The option that's true regarding the sum and difference of the polynomial p(x) and b is B. The sum and difference of p(x) and b are polynomials.

<h3>How to illustrate the information?</h3>

From the information given, it was stated that p(x) is a polynomial and is given as p(=) = a₁ + a₁ + a₂=² + ... + an.

In this case, it should be noted that the sum and difference of p(x) and b are polynomials.

They can't be integers as the function given is represented as a polynomial.

In conclusion, the correct option is B.

Learn more about polynomial on:

brainly.com/question/16340513

#SPJ1

7 0
2 years ago
PLEASE help due today Geometry
irina1246 [14]

\\ \sf\Rrightarrow \dfrac{15}{20}=\dfrac{21}{28}

\\ \sf\Rrightarrow \dfrac{1}{4}=\dfrac{1}{4}

Hence they are similar

#2

  • <A=<H
  • And ratio of sides are same

Hence both triangles are similar by SAS property

#3

\\ \sf\Rrightarrow ∆KDH\sim ∆ABD

8 0
2 years ago
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