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Stells [14]
2 years ago
5

Rae deposit 6,000 into a savings account with an interest rate of 4% compounded monthly. how long will it take for the account t

o be worth 10,000?
Mathematics
1 answer:
Dovator [93]2 years ago
7 0

Answer: it will take 13.3 years

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

A = P(1+r/n)^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

P = 6000

A = 10000

r = 4% = 4/100 = 0.04

n = 12 because it was compounded 12 times in a year.

Therefore,.

10000 = 6000(1 + 0.04/12)^12 × t

10000/6000(1 + 0.0033)^12t

1.67 = 1.0033^12t

Taking log to base 10 of both sides, it becomes

Log 1.67 = 12tLog 1.0033

0.223 = 12t × 0.0014

0.223 = 0.0168t

t = 0.223/0.0168

t = 13.3 years

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Digiron [165]

Answer:

An example of an equation is 4.5 + x = 13.2 because it shows that two expressions are equal.

An example of an expression is 4.5 + x = 13.2 because it’s a mathematical phrase represented by numbers, a variable , and operations .

Step-by-step explanation:

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3 years ago
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1 A camera is capable of snapping 3/4 of a picture per second. How many pictures can be snapped within a 36-second period?
Sindrei [870]

Answer:

27

Step-by-step explanation:

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I just put that in a calculator so

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2 years ago
I don't understand this at all TwT
Ratling [72]

Answer:

$30

Step-by-step explanation:

since there is no sales tax,

Amount of money used to pay

= change + total price of items bought

Let's find the total price of the items she bought.

<u>Chicken</u>

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2 packages ----- 2($12.36)= $24.72

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1 gallon ----- $3.49

Total amount paid

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2 years ago
Tamara earns $8 an hour at her job working 25 hours per week. If 22% of her paycheck goes to taxes, what is Tamara’s monthly cas
chubhunter [2.5K]
$8x24=200

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7 0
3 years ago
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I’ll give someone brainliest if they answer this
Dimas [21]

Answer:

2. The answer should be the last one.

3. The answer should be the first three.

Step-by-step explanation:

<u>Question 2</u>

KE = (1/2)mv²

2KE = mv²

v² = 2KE/m

v = ±√(2KE/m)

Therefore the answer should be the last one.

<u>Question 3</u>

b^(1/2) * b^(5/2)

Remember that the <u><em>product rule</em></u> states that b^x * b^y = b^(x+y)

So this means b^(1/2) * b^(5/2) = b^(1/2+5/2) = b^(6/2) = b^3

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so this means b^(6/2) can also be written as (√b)^6

Therefore the answer should be the first three.

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