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zalisa [80]
3 years ago
6

115. Sami opens an account and deposits $100 into it at the end of each month. The account earns 2% per year compounded monthly.

Let Sn denote the amount of money in her account at the end of n months (just after she makes a deposit). For example, S1 = 100 and S2 = 100(1 + 0.02 /12)+100
a. Write a geometric series for the amount of money in the account after 3, 4, and 5 months.
Mathematics
1 answer:
givi [52]3 years ago
4 0

Step-by-step explanation:

Geometric series.

Month 3.

      100(1+\frac{0.02}{12})^2 + 100(1+\frac{0.02}{12})+100

Month 4.

100( 1 + \frac{0.02}{12})^3 + 100( 1 + \frac{0.02}{12})^2+100(1+\frac{0.02}{12})+100

Month 5.

100(1 + \frac{0.02}{12})^4 + 100(1 + \frac{0.02}{12})^3 + 100(1 + \frac{0.02}{12})^2 +100( 1 + \frac{0.02}{12}) + 100

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For tax purposes, a car rental company assumes each car in their fleet depreciates by 6% per year. If the initial value of a car
n200080 [17]

The value of a car after 10 years be $20898.27 if the car rental company assumes each car in their fleet depreciates by 6% per year option (a) $20898.27 is correct.

<h3>What is an exponential function?</h3>

It is defined as the function that rapidly increases and the value of the exponential function is always a positive. It denotes with exponent \rm y = a^x

where a is a constant and a>1

We can solve this problem by exponential function:

The word  depreciate means the price is decreasing.

We can find the value be when the car is 10 years old:

p = 38800(1 - 0.06)¹⁰

p = 38800(0.94)¹⁰

p = 20898.266 ≈ $20898.27

Thus, the value of a car after 10 years be $20898.27 if the car rental company assumes each car in their fleet depreciates by 6% per year option (a) $20898.27 is correct.

Learn more about the exponential function here:

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6 0
1 year ago
Come hither big brains
katrin2010 [14]

Answer:

The answer is c

Step-by-step explanation:

7 0
3 years ago
Maggie’s brother is 12 years younger that three times her age . The sun of their ages is 44 . How old is Maggie
meriva
I'm not sure if this is right but you can set up an equation and solve to find Maggie's age:

Maggie's brother's age = b
Maggie's age = m

b = 12 - 3m
44 = 12-3m
12-3m = 44
-12 -12
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÷ 3 ÷3
m = 10.67

So this would be Maggie's age

I hope this helped :)
7 0
3 years ago
Consider a standard deck of 52 cards (13 cards each in 4 suits, clubs, spades, diamonds and hearts). What is the probability of
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Answer:

1/2652

Step-by-step explanation:

52 cards    one jack spades      1/52

now 51 cards left   one jack diamonds   1/51

1/52 * 1/51 = 1 / 2652

4 0
2 years ago
Which of the following transformations will result in an image that maps onto itself
Anestetic [448]

The transformations that maps image onto itself are D) reflect over the y axis and then reflect again over the y axis.

Complete question

Which sequence of a transformation will result in an image that maps onto itself? A) rotate 180 degrees counterclockwise and then reflect across the x axis b) reflect over the y axis and then reflect over the x axis c) rotate 180 degrees counterclockwise and then reflect across the y axis d) reflect over the y axis and then reflect again over the y axis

Step-by-step explanation:

Reflecting a figure across the y axis then repeating the same procedure will take you to the original position. This means mapping the figure onto itself.When coordinates(x,y) are reflected on the y axis the image coordinates are (-x,y) thus repeating this will form the second image coordinates as (x,y).

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Transformation : brainly.com/question/10656536

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8 0
3 years ago
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