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Angelina_Jolie [31]
3 years ago
15

In 2012 Staci invested $14,500 in a savings account for her newborn son. The account pays 3.6% interest each year. Determine the

accrued value of the account in the year 2030, when her son will go to college. Round your answer the nearest cent.
In the year 2030, the accrued value will be $
Mathematics
1 answer:
s2008m [1.1K]3 years ago
6 0

Answer: $23,896

Step-by-step explanation:

In the year 2030, the number of years since the investment would be;

= 2030 - 2012

= 18 years.

As the question does not mention that the interest paid is compounded, simple interest will be used;

= Amount + (Amount * interest rate * number of years).

= 14,500 + ( 14,500 * 0.036 * 18)

= $23,896

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kap26 [50]

Answer: The two equations that represent the conditions in the problems are \dfrac{s}{3}+\dfrac{t}{2}+2d=30

s+t+d=30

Step-by-step explanation:

Since we have given that

Cost of 3 sparrows = $1

Cost of 2 turtle doves = $1

Cost of 1 dove = $2

Number of birds = 30

total cost = $30

So, Cost of s sparrows would be

\dfrac{1}{3}s

Cost of t turtle doves would be

\dfrac{1}{2}t

Cost of d doves would be

2t

According to question, it becomes,

\dfrac{s}{3}+\dfrac{t}{2}+2d=30

and

s+t+d=30

Hence, the two equations that represent the conditions in the problems are \dfrac{s}{3}+\dfrac{t}{2}+2d=30

s+t+d=30

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Larry wants to enlarge a cube with edges of 3cm so that it's volume will be 8 times larger. How long must each edge of the enlar
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Read 2 more answers
Equivalent expressions for 50+225
faust18 [17]

50 + (15 × 15),   50 + 15 × 50 + 15,   (10 × 5) + 225,   10 × 225 + 5 × 225

Solution:

Given expression is 50 + 225.

To find the equivalent expressions for 50 + 225.

(1)   225 can be written as 15 × 15.

⇒ 50 + 225 = 50 + (15 × 15)

(2)   Using distributive law, we find the another equivalent expression

a + (b × c) = a + b × b + c

⇒ 50 + (15 × 15) = 50 + 15 × 50 + 15

(3)   Now, 50 can be written as 10 × 5.

⇒ 50 + 225 = (10 × 5) + 225

(4   Using distributive law, we find the another equivalent expression

a + (b × c) = a + b × b + c

⇒ (10 × 5) + 225 = 10 × 225 + 5 × 225

Hence the equivalent expressions for 50 + 225 are:

50 + (15 × 15)

50 + 15 × 50 + 15

(10 × 5) + 225

10 × 225 + 5 × 225

7 0
3 years ago
What is the inverse of f(x)=(2x-1)^3
pishuonlain [190]

9514 1404 393

Answer:

  f^{-1}(x)=\dfrac{\sqrt[3]{x}+1}{2}}

Step-by-step explanation:

Interchange x and y in the function definition and solve for y.

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5 0
3 years ago
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