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SIZIF [17.4K]
3 years ago
5

An investment of $6.599.20 earns 42% interest compounded monthly over 7 years. Approximately how much interest is earned on the

investment?
Mathematics
1 answer:
Alex17521 [72]3 years ago
3 0

Answer:

A. $2,250.96

Step-by-step explanation:

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Find the value of x
luda_lava [24]

You need to post an equation if you want an answer, because without the equation it is impossible to determine the value of the coefficient x

5 0
3 years ago
Compound interest of $1000 is invested at 10% compounded continuously, the future value s at any time t in years is given by s=1
crimeas [40]

Answer: 6.93 years

Step-by-step explanation:

Given

Rate of interest is r=10\%

Future value is given by s=1000e^{0.1t}

For the investment to double itself, i.e. s=2000

\Rightarrow 2000=1000e^{0.1t}\\\Rightarrow 2=e^{0.1t}\\\\\text{Taking log both sides}\\\\\Rightarrow \ln 2=0.1t\\\\\Rightarrow t=\dfrac{\ln 2}{0.1}\\\\\Rightarrow t=6.93\ \text{years}

It takes around 6.93 years to double the investment.

8 0
3 years ago
Which of the following theorems verifies that ABC ~ STU?
Lunna [17]

Answer:

B. AA

Step-by-step explanation:

The diagram given shows that two angles in ∆ABC are congruent to two corresponding angles in ∆STU.

Invariably, the third unknown angle of both triangles would also be equal going by the third angle theorem.

Thus, based on the AA Similarity Theorem which says that two triangles are similar to each other if two corresponding angles of one is congruent to two angles in the other, ∆ABC ~ ∆STU.

4 0
3 years ago
which property is shown? 20×5×6=20×6×5 A commutative property B distibutivr C associative property or D none of these are correc
Contact [7]

A: communicative property, it is this because communicative property allows you to switch around the order.

5 0
4 years ago
25 – 4.33<br>7 + (1 - 100)​
Sidana [21]

Answer:

25 – 4.33 = 20.67

7 + (1 - 100)​ = -92

Step-by-step explanation:

First one) Simply use your knowledge of integers and decimals to solve this. You can even start by drawing a number line and practising with that before beginning to do harder problems.

Second one) Just like the first one but use PEDMAS, BEDMAS or BODMAS and make sure to solve the brackets first.

6 0
3 years ago
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