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Schach [20]
3 years ago
10

Ankit deposits $800 in an account that earns 6% yearly interest compounded monthly. How much will the account be worth

Mathematics
1 answer:
Aleks [24]3 years ago
7 0

Answer:

the compounded monthly formula is

total = principal * ( 1 + (rate / 12)) ^ 12*2 years

total = $800.00 * (1  + .06 / 12) ^ 24

total = $800.00 * (1.005) ^ 24

total = $800.00 * 1.1271597762

total = $901.7278209643

total = 901.73 (rounded)

Step-by-step explanation:

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NNADVOKAT [17]

Answer:

hes paid 13,640

Step-by-step explanation:

5 0
3 years ago
Find y (please someone answer)
Alex73 [517]

Answer:

Y=√2

Step-by-step explanation:

We can use the pathagorian theorum: A²+B²=C² now in this case it would be X²+Y²=2² we also know that  X and Y are the same number in this problem because they have the same corresponding angle (triangle angles always add to 180 and since we know 2 of the angles are 45 and 90 the remaining angle will also be 45) Because of this we can change our equation to Z²+Z²=2² (I'm using Z so that we do not confuse it with another letter we've already used) from there we can go to Z∧4=2² and then we will solve the equation. Z=√2 Z also equals X and Y therefore Y=√2

I hope this helps and please let me know if there is anything you don't understand I would be happy to clarify!

5 0
3 years ago
I NEED THE ANSWER ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!<br><br><br><br><br> 1/7-3(3/7x-2/7)
melomori [17]

Step-by-step explanation:

x in (-oo:+oo)

1/7-(3*((3/7)*x-(2/7))) = 0

1/7-3*((3/7)*x-2/7) = 0

1/7-3*(3/7*x-2/7) = 0

(-3*7*(3/7*x-2/7))/7+1/7 = 0

1-3*7*(3/7*x-2/7) = 0

7-9*x = 0

(7-9*x)/7 = 0

(7-9*x)/7 = 0 // * 7

7-9*x = 0

7-9*x = 0 // - 7

-9*x = -7 // : -9

x = -7/(-9)

x = 7/9

x = 7/9

6 0
3 years ago
Read 2 more answers
which of the following algebraic expression can be used to express the statement three less than z squared
frez [133]
z^{2}-3
3 0
3 years ago
0.75=0.4p+100 what does p equal?
neonofarm [45]

Answer:

p=−248.125

Step-by-step explanation:

  1. Subtract 100 on each side of the equation.
  2. After this, you will have 99.25=0.4p.
  3. Divide each side of the equation by 0.4 to get p by itself.
  4. You should get p= -248.125
3 0
3 years ago
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