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Ivenika [448]
3 years ago
10

2. A bank representative studies compound interest, so she can better serve

Mathematics
1 answer:
Kaylis [27]3 years ago
4 0

Answer:

Step-by-step explanation:

Given that a  bank representative studies compound interest, so she can better serve  customers. She analyzes what happens when $2,000 earns interest several  different ways at a rate of 2% for 3 years.

a) the interest if it is computed using simple interest. 12.00

=\frac{2000(3)(12)}{100} \\=720 dollars

b) the interest if it is compounded annually.

=2000(1.12)^3-2000\\= 809.86 dollars

c) the interest if it is compounded semiannually

=2000(1.06)^6 -2000\\= 837.04

d) the interest if it is compounded quarterly.

=2000(1.03)^12 -2000\\= 851.52

e) the interest if it is compounded monthly.

=2000(1.01)^24 -2000\\= 861.54

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Answer:

(x-3)^2 = 3

Step-by-step explanation:

4 0
2 years ago
The weight Wkg of a metal bar varies jointly
maria [59]

Answer:

d = \sqrt{\frac{216W}{35L} }

Step-by-step explanation:

Given that W varies jointly as L and d² then the equation relating them is

W = kLd² ← k is the constant of variation

To find k use the condition W = 140 when d = 4 and L = 54, thus

140 = k × 54 × 4² = 864k ( divide both sides by 864 )

\frac{140}{864} = k , that is

k = \frac{35}{216}

W = \frac{35}{216} Ld² ← equation of variation

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6 0
3 years ago
T/0.3 = 1.7/0.9 ( the one I'm pointing at)
Vikentia [17]
I hope this helps you

3 0
3 years ago
Last one anyone that can help me out?
Usimov [2.4K]

Answer:

Part a. t = 7.29 years.

Part b. t = 27.73 years.

Part c. p = $3894.00

Step-by-step explanation:

The formula for continuous compounding is: A = p*e^(rt); where A is the amount after compounding, p is the principle, e is the mathematical constant (2.718281), r is the rate of interest, and t is the time in years.

Part a. It is given that p = $2000, r = 2.5%, and A = $2400. In this part, t is unknown. Therefore: 2400 = 2000*e^(2.5t). This implies 1.2 = e^(0.025t). Taking natural logarithm on both sides yields ln(1.2) = ln(e^(0.025t)). A logarithmic property is that the power of the logarithmic expression can be shifted on the left side of the whole expression, thus multiplying it with the expression. Therefore, ln(1.2) = 0.025t*ln(e). Since ln(e) = 1, and making t the subject gives t = ln(1.2)/0.025. This means that t = 7.29 years (rounded to the nearest 2 decimal places)!!!

Part b. It is given that p = $2000, r = 2.5%, and A = $4000. In this part, t is unknown. Therefore: 4000 = 2000*e^(2.5t). This implies 2 = e^(0.025t). Taking natural logarithm on both sides yields ln(2) = ln(e^(0.025t)). A logarithmic property is that the power of the logarithmic expression can be shifted on the left side of the whole expression, thus multiplying it with the expression. Therefore, ln(2) = 0.025t*ln(e). Since ln(e) = 1, and making t the subject gives t = ln(2)/0.025. This means that t = 27.73 years (rounded to the nearest 2 decimal places)!!!

Part c. It is given that A = $5000, r = 2.5%, and t = 10 years. In this part, p is unknown. Therefore 5000 = p*e^(0.025*10). This implies 5000 = p*e^(0.25). Making p the subject gives p = 5000/e^0.25. This means that p = $3894.00(rounded to the nearest 2 decimal places)!!!

4 0
3 years ago
Triangle A is dilated by a scale factor of 2. What is the ratio of the perimeter of Triangle A to the perimeter of Triangle B? A
leva [86]

The answer is A) 1:2

7 0
3 years ago
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