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zavuch27 [327]
3 years ago
8

Shawnee is putting $3,500 into an account earning 4.85% interest compounded quarterly. She estimates that it will take just over

11 years for this investment to grow to $6,000. Which of the following is a true statement?
a.
Shawnee’s estimate of the time is too low.
b.
Shawnee’s estimate of the time is correct.
c.
Shawnee’s estimate of the time is too high.
d.
Shawnee does not have enough information to estimate the time.
Mathematics
2 answers:
Murljashka [212]3 years ago
8 0
A=3,500×(1+0.0485÷4)^(4×11)
A=5,947.99

6000=3500(1+0.0485/4)^4t
Solve for t to know the time needed to reach 6000
Time=11.2
So the time needed is 11 years and 2 months
Svetlanka [38]3 years ago
3 0

Answer:

b

Step-by-step explanation:

its b

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1
MrRa [10]

Answer:

2,995 or 35,940(?)

Step-by-step explanation:

I don't exactly remember how to do this so, I'll show you two different ways I solved this

Use the formula I=P*r*t

I=Interest

P=Principal

r=rate

t=time

To solve this you'll have to...

The principal is 29,950, the rate is 5% but it'll become a decimal which is 0.05, and the time is 2

Put it into the formula form 29,950*0.05*2= 2,995 in interest

Or...

You'll use the same formula, but this time multiply 0.05 by 12 since there are 12 months in one year which is 0.6, so...

29,950*0.6*2=35,940 in interest

I hope one works!

4 0
3 years ago
Whats 1 + 1<br><br> plz answer thisssssssssssssss
kow [346]

Answer:

1 + 1= 2

Step-by-step explanation:

because if u add 1 + 1 u will get 2

4 0
3 years ago
Read 2 more answers
The side length of a 45-45-90 triangle are in the ratio 1:1:square2. What is tan 45 degrees?
Salsk061 [2.6K]

Answer:

B

Step-by-step explanation:

Took the test

3 0
2 years ago
What’s the correct answer for this question?
Maurinko [17]

Answer:

B

Step-by-step explanation:

I put the answer in an atachement

3 0
3 years ago
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Write in standard form. m is undefined passing through P(-6,-5)
Anna007 [38]

ANSWER: The equation of a line in slope-intercept form looks like the following:   y = mx + b

where m is the slope of the line and b is the y-intercept.

Given any 2 points (x1, y1) and (x2, y2) on a line, the slope (m) = (y2-y1)/(x2-x1).

So, Whenever the slope (m) is undefined it means that when you try to calculate the slope given any 2 points on the line you'll end up with a zero in the denominator, which is undefined. That is, with an undefined slope you end up with a vertical line, which has the equation "x=some number".

 m = (y2-y1)/(x2-x1) = (y2-y1)/0 = undefined. This implies that x2=x1. So x is the same for any value of y on the line, which is why the equation is "x=some number" and the line is vertical. 

So the equation of a line, in slope-intercept form, with an undefined slope (m=undefined) crossing through the point (-3, 5) is:   x= -3 , which is a vertical line. 

Hope this helps you
4 0
3 years ago
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