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hammer [34]
3 years ago
10

You deposit $1500 in an account that pays 7% annual interest. Find the balance after 2 years when the interest is compounded dai

ly.
Mathematics
1 answer:
valina [46]3 years ago
7 0

Answer:

$1,725.39

Step-by-step explanation:

-Take 1 year =365 days.

#We calculate the effective interest rate for 7% compounded daily;

i_m=(1+i/m)^m-1\\\\=(1+0.07/365)^{365}-1\\\\=0.072501

#We now use this rate to calculate the compounded amount after two years:

A=P(1+i_m)^n\\\\=1500(1.072501)^2\\\\=1725.39

Hence, the  balance after 2 years $1,725.39

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Natasha2012 [34]
The answer is 0.50.

P(4<=X<=8)=P(x=4)+ P(x=5)+ P(x=6)+ P(x=7)+ P(x=8)= 0.05+ 0.15+0.15+0.15 +0 = 0.50

Notice that in 8 the line touches the x axis so it’s corresponding probability is 0.
5 0
2 years ago
What number is 1/5 of another number the sum of the two numbers is six find the two numbers
Oliga [24]

Answer:

the two numbers are 3 and 3.

1/5 of 3 is 0.6

1/5 of 6 is 1.2

Step-by-step explanation:

3 + 3 = 6

(1/5)3 = 0.6

(1/5)6 = 1.2

8 0
2 years ago
Answer the following questions about the sphere whose equation is given by x2+y2+z2−8x+4y=−4. 1. Find the radius of the sphere.
Anna [14]

Answer:

we have (a,b,c)=(4,-2,0) and R=4 (radius)

Step-by-step explanation:

since

x²+y²+z²−8x+4y=−4

we have to complete the squares to finish with a equation of the form

(x-a)²+(y-b)²+(z-c)²=R²

that is the equation of a sphere of radius R and centre in (a,b,c)

thus

x²+y²+z²−8x+4y=−4

x²+y²+z²−8x+4y +4 = 0

x²+y²+z²−8x+4y +4 +16-16 =0

(x²−8x + 16) + (y² + 4y + 4 ) + (z²) -16 = 0

(x-4)² + (y+2)² + z² = 16

(x-4)² + (y-(-2))² + (z-0)² = 4²

thus we have a=4 , b= -2 , c= 0 and R=4

8 0
2 years ago
Jalen is buying a new car. He has the options below.
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The total number of choices Jalen has is six
7 0
3 years ago
Read 3 more answers
PLEASE HELP WITH ALL QUESTIONS WILL GIVE BRAINLIEST AND WILL GIVE 33 POINTS
MrMuchimi

uh where the question?

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3 years ago
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