Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
<h3>
Compound interest</h3>
Compound interest is given by:
where A is the amount after t years, P is initial amount, r is the rate and n is the times compounded per period
Given that n = 1, r = 9% = 0.09, A = $7500 t = 11. Hence:
Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
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From the set {21, 37, 45}, use substitution to determine which value of x makes the inequality true.x - 8 > 29
45
none of these
37
21From the set {21, 37, 45}, use substitution to determine which value of x makes the inequality true.x - 8 > 29
45
none of these
37
21
Answer:
see explanation
Step-by-step explanation:
Her error is in squaring (2y)²
She has (2y)² = 2y²
when it should be 2y × 2y = 4y²
Then
(2y)² = 6² + 8²
4y² = 36 + 64
4y² = 100 ( divide both sides by 4 )
y² = 25 ( take square root of both sides )
y = 
= 5
Answer:
The interest on the savings account is $46.47
Step-by-step explanation:
Here, we want to know the interest earned on the savings account.
The difference between the new and previous balance will be; 12,098.12 - 9,053.20 = $3,044.92
The difference between amount deposited and amount withdrawn is 3,298.45 - 300 = 2,998.45
This is the amount that is supposed to be on the account without interest
So the interest earned would be; 3044.92 - 2,998.45 = $46.47
<span>0.03 x 1,000=30! In multiplying decimals, you'll move the decimal's period to the number of zeroes in the multiplier! 1,000 has 3 zeroes. So, it's equal to 30. So basically he was wrong because 0.03 times 1,000 doesn't equal 3 it equals 30. He made the mistake of not moving the decimal point enough.</span>
