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Paraphin [41]
3 years ago
5

Determine the amount of money you would have if you invested $15,000 dollars for 11 years at 3% annual interest compounded conti

nuously.
Please Show Your Work
Mathematics
1 answer:
tamaranim1 [39]3 years ago
8 0

Answer:

The amount after 3 years of investment is $20763  .

Step-by-step explanation:

Given as :

The principal invested = p =$15,000

The rate of interest = r = 3% compounded annually

The time period = t = 11 years

Let The Amount after 3 years = $ A

<u>From Compounded method</u>

Amount = Principal × (1+\dfrac{\textrm rate}{100})^{\textrm time}

Or, A = p × (1+\dfrac{\textrm r}{100})^{\textrm t}

Or, A = $15,000 × (1+\dfrac{\textrm 3}{100})^{\textrm 11}

Or, A = $15,000 × (1.03)^{11}

Or, A = $15,000 × 1.3842

Or, A = $20763

So, Amount = A = $20763

Hence The amount after 3 years of investment is $20763  . Answer

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In the figure, AB is parallel to CD, XY is the perpendicular bisector of AB, and E is the midpoint of XY. Prove that △AEB ≅ △DEC
Makovka662 [10]

Answer:

From top to bottom:

A, J, E, B, I, C, D, G, F, H

See below for more clarification.

Step-by-step explanation:

We are given that AB is parallel to CD, XY is the perpendicular bisector of AB, and E is the midpoint of XY. And we want to prove that ΔAEB ≅ ΔDEC.

Statements:

1) XY is perpendicular to AB.

Definition of perpendicular bisector.

2) XY ⊥ CD.

In a plane, if a transveral is perpendicular to one of the two parallel lines, then it is perpendicular to the other.

3) m∠AXE = 90°, m∠DYE = 90°.

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4) ∠AXE ≅ ∠DYE.

Right angles are congruent.

5) XE ≅ YE

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6) ∠A ≅ ∠D.

Alternate Interior Angles Theorem

7) ΔAEX ≅ ΔDEY

AAS Triangle Congruence*

(*∠A ≅ ∠D, ∠AXE ≅ ∠DYE, and XE ≅ YE)

8) AE ≅ DE

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9) ∠AEB ≅ ∠DEC

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Answer:

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Step-by-step explanation:

If you were to rent a truck for one day you will first have to pay a $25 fee for one day. This is represented by + 25 in the equation above.

Then for every mile you go you must pay $0.35, represented as 0.35m.

<em>As an example to make it easier if you had to pay 1 dollar per mile and you went 10 miles it would cost $10. This can be proved by 1m (m being the variable for number of miles) Plug in 10 for m and you can asee 1(10)=10, because obviously 1 times 10 is 10. </em>

Same premise with $0.35

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To prove it can find the exact number of miles that need to be driven to cost a total of $42.50 just follow steps bellow.

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