All categories

3 years ago

Anthony deposited $14,000 with a bank in a 5-year certificate of deposit yielding 6% compounded daily. Find the compound amount

Mathematics

1 answer:

Mnenie [13.5K]3 years ago

8 0

Answer:

Total = 14,000 * 1 + (.06 / 365) ^365*5

Total = 14,000 * 1.0.000164383561643836^1,825

Total = 14,000 * 1.3498255274

Total = 18,897.56

Step-by-step explanation:

You might be interested in

The angles of a triangle are 128 degrees 5x + 10 degrees + 9x degrees what is the value of x

olganol [36]

All the angles in a triangle equal 180 degrees so 128 + (5x+10) + 9x = 180

Group the like values to get 138 + 14x = 180

Subtract 138 from 180 to get 14x = 42

Divide 42 by 14 to get x = 3

Therefore x = 3

6 0

3 years ago

I'm stuck on this question, any ideas? thanks

True [87]

Answer:

$\lim_{x \to 0} \frac{\frac{1}{6+x}-\frac{1}{6}}{x}=-1/36$

Step-by-step explanation:

So we have the limit:

$\lim_{x \to 0} \frac{\frac{1}{6+x}-\frac{1}{6}}{x}$

Let's remove the fractions in the denominator by multiplying both layers by (6+x)(6). So:

$\lim_{x \to 0} \frac{\frac{1}{6+x}-\frac{1}{6}}{x}\cdot (\frac{(6+x)(6)}{(6+x)(6)})$

Distribute:

$=\lim_{x \to 0} \frac{(6)-(6+x)}{x(6+x)(6)}$

Simplify the numerator:

$=\lim_{x \to 0} \frac{6-6-x}{x(6+x)(6)}\\=\lim_{x \to 0} \frac{-x}{x(6+x)(6)}$

Both the numerator and the denominator have an x. Cancel:

$=\lim_{x \to 0} \frac{-1}{(6+x)(6)}$

Direct substitution:

$= \frac{-1}{(6+0)(6)}$

Simplify:

$=-1/36$

And that's our answer.

And we're done!

8 0

3 years ago

Read 2 more answers

A unicycle wheel has a diameter of 12 inches. How many inches will the unicycle

saw5 [17]

Answer:The unicycle would travel 226.29 inches in 6 revolutions.

Step-by-step explanation:

8 0

3 years ago

Elena wants to create a triangle shaped garden that has an area of 36 square feet. Name all the different dimensions her triangl

blondinia [14]

Answer:

8 and 9 12 and 6

Step-by-step explanation:

8 0

2 years ago

I need a little bit of help on this. Thought I knew how to do it

Mariana [72]

Answer:

U should do like this...

6 0

3 years ago