$\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &1900\\ r=rate\to 3.5\%\to \frac{3.5}{100}\dotfill &0.035\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{yearly, thus once} \end{array}\dotfill &1\\ t=years\dotfill &2 \end{cases} \\\\\\ A=1900\left(1+\frac{0.035}{1}\right)^{1\cdot 2}\implies A=1900(1.035)^2\implies A=2035.3275$

Brian invested the money for 6 years, so now let's check how much is that for the remaining 4 years.

$\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &2035.3275\\ r=rate\to 4.9\%\to \frac{4.9}{100}\dotfill &0.049\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{yearly, thus once} \end{array}\dotfill &1\\ t=years\dotfill &4 \end{cases}$

$\bf A=2035.3275\left(1+\frac{0.049}{1}\right)^{1\cdot 4}\implies A=2035.3275(1.049)^4 \\\\\\ A\approx 2464.54\implies \boxed{\stackrel{\textit{rounded up }}{A=2465}}$

4 0

3 years ago

If Jeannie invests $7,250 at a rate of 12%,

Tanya [424]

The answer is $8,700

4 0

3 years ago

I NEED HELP PLEASE! ITS DUE TOMORROW!! THANKS!

Aleksandr-060686 [28]

Answer:

Katie is not cheating. From the question, it sounds like Katie's spinner is 1-12. James has two dice so he has two sets of each number 1-6. This means that Katie can roll two numbers greater than six but James can only roll up to six. Using probability, I think there is a 50% chance that Katie's number will be bigger than James every time she spins. A fairer way would be for them both to play with the same dice or spinner.

Step-by-step explanation:

3 0

3 years ago