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OLEGan [10]
3 years ago
7

4. An investment account pays 4.6%

Mathematics
1 answer:
gulaghasi [49]3 years ago
5 0

Answer:

Step-by-step explanation:

Use the formula

A(t)=P(1+\frac{r}{n})^{(n)(t)}

where A(t) is the amount after all the compounding is done, P is the initial investment, r is the interest rate as a decimal, n is the number of times the investment is compounded each year, and t is time in years.  For us,

P = 6050

r = .046

n = 4

t = 6

A(t) = ?

Filling in our given info:

A(t)=6050(1+\frac{.046}{4})^{(4)(6)}

which simplifies to

A(t)=6050(1+.0115)^{24}

which simplifies a bit more to

A(t)=6050(1.0115)^{24} and

A(t) = 6050(1.31577397) so

A(t) = $7960.43

which is choice C

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Answer:

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We move all terms to the left:

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We multiply parentheses

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We calculate terms in parentheses: -(-77(+n*8)), so:

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We multiply parentheses

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Step-by-step explanation:

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7 0
3 years ago
The 5th of 9 consecutive whole numbers whose sum is 153 is?
sergejj [24]

We can start this problem by finding out what the lowest consecutive number's value is (x). Since consecutive numbers are numbers that are 1 apart from each other, the sum of 9 consecutive numbers would look like


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Since we know that they equal 153,


x + (x+1) + (x+2) + (x+3) + (x+4) + (x+5) + (x+6) + (x+7) + (x+8) = 153


Now we combine like terms


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Now, we need to find what the 5th consecutive number is equal to. The fifth consecutive number is (x+4), so 13 + 4 is 17, meaning that the 5th of 9 consecutive numbers that add up to 153 is 17.

4 0
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Step-by-step explanation:

Assuming you typed this out right

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. Mr. Wayne has a 3-year contract for his cell phone service. He pays $124.65 each month to cover everyone in his family. How mu
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Answer:

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