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Stells [14]
3 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]3 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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Answer:

f(5) = 2

Step-by-step explanation:

<u>Given: </u>

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<u>For x=5 :</u>

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The area of a bathroom floor measures 6 feet by 9 feet and each custom tile that makes up the flooring is 1 1/2 square feet. How
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Around 9.8 tiles

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The formula is x = (6*9)/5.5.

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Plz help me to find this answer plz​
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Answer:

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3 years ago
Mrs. Larnell is making snacks for a class picnic. She puts 1/4 pounds of apples,1/8 pound of nut mix,and 1/16 pound of chocolate
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\frac{1}{4}:\frac{1}{8}:\frac{1}{16}\\\frac{1}{4}*24:\frac{1}{8}*24:\frac{1}{16}*24\\\frac{24}{4}:\frac{24}{8}:\frac{3}{2}\\6:3:1.5\\6+3+1.5=9.5

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3 years ago
Suppose y varies inversely with x. Write an equation if y=-3 when x=17
vodka [1.7K]

Answer:

y = -51 ÷ x

Step-by-step explanation:

The standard format of a inversely proportional equation goes by the format of y = k ÷ x. The question asks us to write an equation if y = -3 when x = 17 and y varies inversely with x.

So we substitute the values y = -3 and x = 17 in the equation y = k ÷ x

K = constant, we have to work this out

-3 = k ÷ 17

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