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Elan Coil [88]
3 years ago
11

How much interest is earned for the investment? $20,000 for 2 years at 6% compounded annually

Mathematics
1 answer:
Sunny_sXe [5.5K]3 years ago
3 0
You earn $2,400 in interest over the 2 years 
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Solve for:<br><br><img src="https://tex.z-dn.net/?f=x%5E%7B2%7D%20%20%2B%205x%20%3D%201" id="TexFormula1" title="x^{2} + 5x = 1
mixer [17]

x^2+5x-1=0\\x^2+5x+(\frac{5}{2})^2-(\frac{5}{2})^2-1=0\\(x+\frac{5}{2})^2-\frac{25}{4}-\frac{4}{4}=0\\(x+\frac{5}{2})^2-\frac{29}{4}=0\\(x+\frac{5}{2})^2=\frac{29}{4}\\x+\frac{5}{2}=\sqrt{\frac{29}{4}} , x+\frac{5}{2}=-\sqrt{\frac{29}{4}}\\x=\frac{\sqrt{29} }{2} - \frac{5}{2} , x=-\frac{\sqrt{29} }{2} - \frac{5}{2} \\x=\frac{\sqrt{29}-5 }{2} , x=-\frac{\sqrt{29} -5}{2}

4 0
3 years ago
Help ASAP!!!<br> Forks: 16, 8, ?<br> Spoons: 10, ? , 30
Serggg [28]

Answer:

Step-by-step explanation:

4 0
2 years ago
ABC is similar to DEF. Find x.
san4es73 [151]
<h3>Answer:  25</h3>

Through using the pythagorean theorem, you should find the hypotenuse of the smaller triangle to be 10 units. Therefore, the perimeter of the smaller triangle is 6+8+10 = 24 units.

The perimeter of the larger triangle is 60 units. The ratio here is 24:60 = 2:5

Meaning that the larger perimeter is 5/2 = 2.5 times that of the smaller.

We apply this scale factor 2.5 to the smaller hypotenuse 10 to jump to 2.5*10 = 25, which is the length of the larger hypotenuse.

3 0
3 years ago
Solve 6 over x minus 3 equals 3 over x for x and determine if the solution is extraneous or not
Natali5045456 [20]

Answer:

<em>x = 1</em>

This is the equation that I interpreted:

6/(x) - 3 = 3/(x)

I have never worked with determining extraneous equations before, so I cannot answer the second part.

8 0
3 years ago
What is 3% of $30.00?
CaHeK987 [17]
% means out of 100 so 1%=1/100

so 3%=3/100
$30.00=3000 cents
so you multiply 3/100 by 3000 =(3*3000)/100
you can cross out two zeros at the bottom and on the top and get
(3*30)/1 or 90/1 or 90 cents
3 0
3 years ago
Read 2 more answers
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