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Cloud [144]
3 years ago
10

Paisley is going to invest in an account paying an interest rate of 3.8% compounded monthly. How much would Paisley need to inve

st, to the nearest hundred dollars, for the value of the account to reach $1,210 in 6 years?
Mathematics
1 answer:
victus00 [196]3 years ago
3 0

Answer:

Step-by-step explanation:

Use the formula

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

Fill in the info we are given:

1210=P(1+\frac{.038}{12})^{(12)(6)} and

1210=P(1.003166667)^{72} and

1210 = P(1.255632915) so

P = $964

You might be interested in
The length of a photograph is 3cm less than twice the width. The area is 54cm². Find the dimentions of the photograph.
AnnyKZ [126]
L=2w-3 

w(2w-3)=54

2w²- 3w-54=0

A= 2 , B= -3, C= -54

sub values into quadratic formula
 i attached picture of formula

Final answer:  you will be given 2 answers 6 and -4.5. -4.5 is rejected since a negative value cannot represent length because that just doesn't make sense.

w=6

Check:
L=2w-3
=2(6)-3
=12-3
=9
  9*6=54

Therefore the dimensions of the photograph are 6 cm by 9 cm



3 0
3 years ago
Read 2 more answers
HELP Me NOW NOW NOW NOW
german

Answer:

The answer is 9/16.

Step-by-step explanation:

Using Indices Law,

{( \frac{a}{b}) }^{n} ⇒ \frac{ {a}^{n} }{ {b}^{n} }

So for this question :

{ (\frac{3}{4}) }^{2}

=  \frac{ {3}^{2} }{ {4}^{2} }

=  \frac{3 \times 3}{4 \times 4}

=  \frac{9}{16}

7 0
3 years ago
What is the measure of the<br> third angle of this triangle?
Illusion [34]

Answer:

20 degrees

Step-by-step explanation:

every triangle had 3 angles that all add up to 180

the problem gives you two angles which are 120+40 which is 160

180-160 is 20 degrees which is whi it is the answer

3 0
2 years ago
Find the interest due on &amp;1,400 at 9% for 270 days
Dimas [21]
Answer:
Interest = $93.205

Explanation:
Interest can be calculated as follows:
I = Prt
where:
I is the interest we want to canlculate
P is the principle amount = $1400
r is the interest rate in decimal = 9% = 0.09
t is the time in years = 270/365

Substitute with the givens in the above equation to get the value of the interest as follows:
I = 1400 * 0.09 * (270/365)
I = $93.205

Hope this helps :)
6 0
3 years ago
How many values are between 30 and 50?
skad [1K]

between 30 and 50 is approximately 40

7 0
2 years ago
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