1. What is the correct reason for statement #3?
1 answer:
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The scientific notation of the given number is 7.2× .
A number is written in scientific notation when a number between 1 and 10 is multiplied by a power of 10. For example, 650,000,000 can be written in scientific notation as 6.5 ✕ 10^8.
Given that,
×
×
Taking the common power of 10.
= × (2+70)
= 72×
In scientific notation,
Multiply and divide by 10.
7.2×
Hence, The scientific notation of the given number is 7.2× .
To learn more about scientific notation from the given link:
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Answer: $6,120.86
Step-by-step explanation:
Formula to calculate the accumulated amount in n years (compounded daily) is given by :-
P= Initial amount
r= Rate of interest ( in decimal)
As per given , we ahve
P= $5300
r= 2.4%=0.024
n= 6 years
Put these values in formula , we get
Hence, there would be $6,120.86 in the account after 6 years.
Answer:
$7639.12
Step-by-step explanation:
We use the compound formula for accrued value (A) for a principal P deposited at an annual rate "r" over t years
In our case, with the given information, the formula becomes:
which rounded to the nearest cent gives: $7639.12