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babymother [125]
4 years ago
12

You invest $500 into a savings account that compounds interest quarterly at a rate of 2%. What will be your account balance afte

r 8 years?

Mathematics
1 answer:
grigory [225]4 years ago
5 0

Answer:

$740

Step-by-step explanation:

you invested $500 and you have a quarterly compound interest of 2%

2% of $500 is $10 .

so that means $10 is added every 4months .in a year you will have an interest of 3x$10= $30( we have three quarters in a year )

in eight years you interest will be 8×$30= $240

so your total balance is $500 + $240

=$740

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The function C(x)=−20x+1681 represents the cost to produce x items. What is the least number of items that can be produced so th
Reptile [31]

Answer:

<em>The least number of items to produce is 41</em>

Step-by-step explanation:

<u>Average Cost</u>

Given C(x) as the cost function to produce x items. The average cost is:

\displaystyle \bar C(X)=\frac{C(x)}{x}

The cost function is:

C(x) = -20x+1681

And the average cost function is:

\displaystyle \bar C(X)=\frac{-20x+1681}{x}

We are required to find the least number of items that can be produced so the average cost is less or equal to $21.

We set the inequality:

\displaystyle \frac{-20x+1681}{x}\le 21

Multiplying by x:

-20x+1681 \le 21x

Note we multiplied by x and did not flip the inequality sign because its value cannot be negative.

Adding 20x:

1681 \le 21x+20x

1681 \le 41x

Swapping sides and changing the sign:

41x \ge 1681

Dividing by 41:

x\ge 41

The least number of items to produce is 41

8 0
3 years ago
A shopper’s discount club charges a monthly fee of $15 and sells gasoline for $2.05 per gallon. The gas station across the stree
NeX [460]

Answer:

15 + 2.05 x = 2.35 x

Step-by-step explanation:

Let x be the number of gallons you would have to buy for the two places to be the same.

At the club, there is a monthly fee of $15 that is charged once in a month. They also charge $2.05 per gallon, which is charged every gallon of gas you buy.

We can write an expression: 15 + 2.05 x

At the gas station, they charge $2.35 per gallon with no other fees.

We can also write an expression: 2.35 x

For the prices to be the same, we have 15 + 2.05 x = 2.35 x

If we were to solve, then we have:

(2.35 - 2.05) x = 15

x = 15 / 0.3 = 50 gallons

8 0
3 years ago
How to factor the algebraic expression 24a + 28
bonufazy [111]
So use undistributive properyt]
ab+ac=a(b+c)
so factor 24a dadn 28 to find 'a' the common factor
24=2 times 2 times 2 times 3 tiems a
28=2 times 2 times 7
common one is 2 itmes 2=4
a=4
4(2 times3 times a)+4(7)=4(6a)+4(7)=4(6a+7)

7 0
3 years ago
What is the area of the shaded sector of the circle?
oee [108]

Answer:

area if sector= teeta. ×πr²

360

<u>120</u>°. ×<u>2</u><u>2</u>×9×9

360. 7

<u>3×1782</u>

7

5346

5 0
3 years ago
PLEASE HELP ME THANK YOU
Sunny_sXe [5.5K]

Answer:

Step-by-step explanation:

That exterior angle of 111 is equal to the sum of the triangle's remote interior angles. We add the 37 + 35 to get a total angle measure of 72. That means that the base angle on the right is 111 - 72 = 39. That 39 degree angle is vertical to x; that means that x = 39 as well.

3 0
3 years ago
Read 2 more answers
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