Answer: the value of the account after 6 years is $101559.96
Step-by-step explanation:
If $64,000 is invested in an IRA account, then
Principal = $64,000
So P = 64,000
The rate at which $64000 was compounded is 8%
So r = 8/100 = 0.08
If it is compounded once in a year, this means that it is compounded annually (and not semi annually, quarterly or others). So
n = 1
We want to determine the value of the account after 6 years, this means
time, t = 6
Applying the compound interest formula,
A = P(1 + r/n)^nt
A = amount after n number of years
A = 64000( 1 + 0.08/1)^1×6
A = 64000(1.08)^6
A= 64000×1.58687432294
A= 101559.956668416
Approximately $101559.96 to 2 decimal places
I'm gonna say A. It makes the most sense to me.
Answer:
13
Step-by-step explanation:
Given the expression;
2 1/3 : 4 1/3 = 7 : x
Wea re to look for x;
Convert to improper fractions;
7/3 : 13/3 = 7:x
7/3 * 3/13 = 7/x
7/13 = 7/x
Cross multiply
7x = 13 * 7
7x = 91
x = 91/7
x = 13
Hence the unknown value is 13
Cos(theta) has positive values in quadrants I and IV and it has negative value in quadrants II and III. To know that you don't have to remember this but to imagine xy coordinate system. In it you draw a circle around the center.
Once you do that for any given angle you project the point which represents crossing of side that defines angle and circle. Now project that dot on x-axis. If projection is on positive side of x-axis, cos of that angle is positive and if it is on negative side it is negative.