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Art [367]
3 years ago
5

John wants to invest P dollars at a 4% interest rate. After 5 years the investment will be worth 2000 dollars. How much will it

be worth in 11 years?
Mathematics
1 answer:
Lunna [17]3 years ago
5 0

Answer:

About $2530.63

Step-by-step explanation:

The formula for this kind of calculation is A=P(1+\frac{r}{n})^{nt}, where P is the initial investment, r is the interest rate, n is the number of times you compound your investment per year, and t is the number of years. Assuming that you compound yearly, plugging in the numbers that you have given, you are left with:

2000=P(1+\frac{0.04}{1})^{t}

2000=P\cdot (1.04)^5\\P\approx 1643.85\\A=1643.85 \cdot  (1.04)^{11}\approx $2530.63

Hope this helps!

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5 less than triple the quotient of a number x and 7
denpristay [2]

Answer:

5 less than triple the quotient of a number x and 7 is 3(x ÷ 7) - 5

3 0
3 years ago
"Seven subtracted from the product of a number and 4 is -59."
xenn [34]

Answer:

the unknown number is -13

Step-by-step explanation:

4n -7 = -59

4n = -59 +7

n= -52 /4

n = -13

3 0
3 years ago
In a given figure if o is the centre of circle and oabc is a parallelogram find the value of abc
ahrayia [7]

From the given information, we get the value of ABC = 120°.

<h3>How to estimate the value of ABC?</h3>

Given: In the figure, O exists the center of the circle and OABC exists as a parallelogram.

Now, the radius of the circle exists

OA = OB = OC

Opposite sides of a parallelogram are equal

AB = OC and OA = BC

In ∆OAB,

OA = OB = AB and,

In ∆OCB,

OC = OB = BC

Therefore, ∆OAB and ∆OCB exist in equilateral triangles.

All angles of an equilateral triangle are equivalent to 60°.

Hence, ∠ABC = ∠OBA + ∠OBC

∠ABC = 60° + 60°

∠ABC = 120°

Therefore, the value of ∠ABC = 120°.

To learn more about parallelogram refer to:

brainly.com/question/24291122

#SPJ9

6 0
2 years ago
Solve the inequality below for z.<br> 12z + 7 &gt; 9z - 14
kicyunya [14]

Answer:

b. z is less than -7

Step-by-step explanation:

8 0
3 years ago
Simplify: 6k + 2 = 8. Enter the value of k. *
Marizza181 [45]
6k + 2 = 8

Isolate the 8. Do the opposite of PEMDAS.
Note the equal sign. What you do to one side you do to the other.

Subtract 2 from both sides

6k + 2 (-2) = 8 (-2)
6k = 8 - 2
6k = 6

Isolate the k, divide6 from both sides.

6k/6 = 6/6

k = 6/6
k = 1

1 is your answer.

Hope this helps
4 0
3 years ago
Read 2 more answers
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