Answer: C.$10,000
Step-by-step explanation:
Assuming the interest was compounded annually, then we would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years
r represents the interest rate.
n represents the periodic interval at which it was compounded.
P represents the principal or initial amount deposited
From the information given,
A = $31066
r = 6.5% = 6.5/100 = 0.065
n = 1 because it was compounded once in a year.
t = 18 years
Therefore,
31066 = P(1+ 0.065/1)^1 × 18
31066 = P(1.065)^18
31066 = 3.12P
P = 31066/3.12
P = $9957.1
Approximately $10000 to the nearest dollar
Answer:
b
Step-by-step explanation:
Answer:
5x-y-6=
Step-by-step explanation:
(y-y1)=m(x-x1)
y-(-1) =5(x-1)
y+1=5x-5
5x-5-y-1=0
5x-y-6=0
The x axis is the one going this way : ——— the y is the opposite going up so you just have to number it and add the dots
The no equivalent answer is C.
Reasoning:
To find the answer you have to multiply 9 x 5/6. Because 9 is a whole number, if we put it over 1 it makes it easier to multiply.
9/1 x 5/6 is 45/6.
Now that we have this, we need to find which answers are correct.
If we change 45/6 into a mixed number, we have to do 45 divided by 6. 45 divided by 6 is 7. 6 x 7= 42. 45-42=3 so the mixed number would be 7 3/6. 3/6 is equal to 1/2 so it can also be 7 1/2. This means A. Is correct.
For the next two multiple choice possible answers, they simplified 45/6. Both have a denominator (bottom of the fraction) of 2. This means we need to divide by a number that will make the denominator 2
45/6 divided by 3/3 will get 15/2. This means B. Is also correct.
Because A and B are correct, this means that C. Is not an equivalent answer.
I hope this helps! If you need any help let me know.