All categories

3 years ago

Mr. Nolan has a bank account that compounds interest

Mathematics

1 answer:

german3 years ago

4 0

Answer: At the end of the day on December 8, he has a total balance of $2841.02

Step-by-step explanation:

The rate at which the compound interest adds up is a 3.7%.

His principal is $2644.08, on the 7th of December, he withdraws $550. Thus, his balance is = $2644.08 - $550 = $2094.08.

He later deposits $934, after being paid by his employer.

That is $2094.08 + $934 = $3028.08

Which is his balance at the end of the day on December 7.

Remember that the rate is daily, at a 3.7%.

A 3.7% of the balance of December 7, $3028.08 is $112.039.

In total, interest +amount = real balance,

$112.039+$3028.08 = $3140.119

He later withdraws $300 for holiday shopping = $3140.119 - 300 = $2840.119

But 1 dollar = 100 cents and vice versa.

Therefore, $2840.119 = $2841.019

In two decimal places, that is approximately $2841.02

Therefore, Mr Nolan's balance at the end of December 8 is $2841.02.

You might be interested in

Prove that lines 3x-4y=12 and 3y=12-4x are perpendicular.

Svetllana [295]

Answer:

see explanation

Step-by-step explanation:

If 2 lines are perpendicular then the product of their slopes equals - 1

The equation of a line in slope- intercept form is

y = mx + c ( m is the slope and c the y- intercept )

Consider the given equations

3x - 4y = 12 ( subtract 3x from both sides )

- 4y = - 3x + 12 ( divide terms by - 4 )

y = $\frac{3}{4}$ x - 3 ← in slope- intercept form

with slope m = $\frac{3}{4}$

3y = 12 - 4x = - 4x + 12 ( divide terms by 3 )

y = - $\frac{4}{3}$ x + 4 ← in slope- intercept form

with slope m = - $\frac{4}{3}$

Then

$\frac{3}{4}$ × - $\frac{4}{3}$ = - 1

Since the product of their slopes = - 1 then the lines are perpendicular

3 0

3 years ago

Look at the graph shown:

lidiya [134]

Answer:

y = 3x - 1

Step-by-step explanation:

Although the coordinate plane is not given, we don't need it to find the solution. We have given all the conditions enough for the solution.

The y-intercept is (-1) and the function passes through the point ( 1, 2 ).

Only the function y = 3x -1 matches these conditions.

We can observe the points in the attached graph.

5 0

3 years ago

Read 2 more answers

Compare <br> 1.41___1.397<br><br> <<br> ><br> =

Snowcat [4.5K]

1.41 is greater than 1.39
>

4 0

2 years ago

Please help me out :P

Veseljchak [2.6K]

cos θ = $\frac{-4\sqrt{65} }{65}$ , sin θ = $\frac{-7\sqrt{65} }{65}$ , cot θ = 4/7, sec θ = $\frac{-\sqrt{65} }{4}$ , cosec θ = $\frac{-\sqrt{65} }{7}$

<h3>What are trigonometric ratios?</h3>

Trigonometric Ratios are values of all the trigonometric functions based on the value of the ratio of sides in a right-angled triangle.

Sin θ: Opposite Side to θ/Hypotenuse

Tan θ: Opposite Side/Adjacent Side & Sin θ/Cos

Cos θ: Adjacent Side to θ/Hypotenuse

Sec θ: Hypotenuse/Adjacent Side & 1/cos θ

Analysis:

tan θ = opposite/adjacent = 7/4

opposite = 7, adjacent = 4.

we now look for the hypotenuse of the right angled triangle

hypotenuse = $\sqrt{7^{2} + 4^{2} }$ = $\sqrt{49+16}$ = $\sqrt{65}$

sin θ = opposite/ hyp = $\frac{7}{\sqrt{65} }$

Rationalize, $\frac{7}{\sqrt{65} }$ x $\frac{\sqrt{65} }{\sqrt{65} }$ = $\frac{7\sqrt{65} }{65}$

But θ is in the third quadrant(180 - 270) and in the third quadrant only tan and cot are positive others are negative.

Therefore, sin θ = - $\frac{7\sqrt{65} }{65}$

cos θ = adj/hyp = $\frac{4}{\sqrt{65} }$

By rationalizing and knowing that cos θ is negative, cos θ = - $\frac{-4\sqrt{65} }{65}$

cot θ = 1/tan θ = 1/7/4 = 4/7

sec θ = 1/cos θ = 1/ $\frac{4}{\sqrt{65} }$ = - $\frac{-\sqrt{65} }{4}$

cosec θ = 1/sin θ = 1/ $\frac{\sqrt{65} }{7}$ = $\frac{-\sqrt{65} }{7}$

Learn more about trigonometric ratios: brainly.com/question/24349828

#SPJ1

5 0

1 year ago

What is 2 1/3 x 3 4/9

bogdanovich [222]

Answer:

is equal to 8 1/27

Step-by-step explanation:

)(3

)

(

)

217

7 0

3 years ago

Read 2 more answers