1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AlladinOne [14]
3 years ago
15

PLEASE HELP!!! WILL REWARD BRAINLIEST!!!

Mathematics
1 answer:
jonny [76]3 years ago
6 0

Answer:

The approximate monthly rate of growth is 1.24%

Step-by-step explanation:

we have the future value formula

F=P(1+r)^t

we have

r=16\%=16/100=0.16 ----> annual interest rate

so

F=P(1+0.16)^t

F=P(1.16)^t

Find the approximate monthly rate of growth

Remember that

1\ year=12\ months

so

Divide the number of periods t by 12

F=P(1.16)^{\frac{t}{12}}

Applying power rules property

F=P(1.16^\frac{1}{12})^t

F=P(1.0124)^t}

1.0124-1=0.0124

Convert to percentage

0.0124*100=1.24\%

therefore

The approximate monthly rate of growth is 1.24%

You might be interested in
How to simplify 9+5(4x+4)
RoseWind [281]
Use PEMDAS. Parenthesis, Exponents, Multiply, Divide, Addition, Subtraction.
So, you'd distribute 5 into the parenthesis, leaving you with 9+20x+20, then add like terms. 20x+29 
5 0
3 years ago
Read 2 more answers
Kathy is standing directly between two tall buildings which are 100 feet apart. Her eye level is 5 feet above the ground. Kathy
Zinaida [17]

 

 

Angle of taller building Tan 45° = opposite (height of the building)/ adjacent 50 feet (distance between Kathy and the taller building

Tan 45° = 1

Height of taller building from eye level = multiplying adjacent 50 feet * Angle (Tan 45°) 1 = 50 feet opposite

 

Angle of smaller building Tan 38° = 0.781

Height of smaller building from eye level = Angle * adjacent 50 feet = 39.06 feet

 

 

 

Difference of eye level from ground is 5 feet

Taller building height is 50 + 5

Total height of taller building is 55 feet.

Smaller building height is 39.06 + 5

Total height of smaller building is 44.06 feet

 

 

<span> </span>

4 0
3 years ago
The graph of the function f(x)=2x+5/x+3
Art [367]
What’s the yintercept of the function?
8 0
3 years ago
-1/4 x (-7/9)<br> please help!
Kipish [7]

Answer: 7/36

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
The figure is made up of a square and a rectangle. Find the area of the shaded region 16 by 3 by 7
FrozenT [24]

Answer:

Go on Answers.com your welcome.

4 0
2 years ago
Other questions:
  • What is the volume of this triangular prism?
    10·1 answer
  • A restaurant uses a folded paper box for to-go orders. A to-go meal container has a surface area of 40 in². To make a to-go meal
    14·1 answer
  • Our product is equal to 6+2 what factors are we?
    8·1 answer
  • What’s the value of x?
    5·2 answers
  • Sonia is planning a rectangular vegetable garden using a roll of border fencing that is 45 3/4 feet long. If she makes the width
    10·2 answers
  • Write and equation of the line that passes through the pair of points (4,6) and (-1,1)
    14·2 answers
  • 1. Nancy is purchasing a $200 coat at 15% off. What is the total amount<br> Nancy must pay?
    12·2 answers
  • Aisha had a of ribbon. She used 15% of the ribbon to decorate cards and had 17 feet of ribbon left. She then used 20% of the rem
    12·2 answers
  • Porfavooor ayudaaaaaa ​
    7·1 answer
  • Moe, Curly, and Larry are brothers. Moe is the youngest brother, white Larry is the oldest brother. Their ages are consecutive i
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!