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klio [65]
3 years ago
7

Jed deposited $400 into a bank that offers 3.9% interest rate, compounded daily. In how many years will his balance be $800?

Mathematics
2 answers:
Klio2033 [76]3 years ago
8 0
17.7 years----------->Apex correct answer

Alex17521 [72]3 years ago
4 0

Answer:

18 years ( approx )

Step-by-step explanation:

Since, if an amount is compounded daily,

Then, the final amount after t years is,

A=P(1+\frac{r}{365})^{365t}

Where, P is the principal amount

r is the annual rate ( in decimals ),

t is the number of years,

Given,

A = $ 800,

r = 3.9% = 0.039,

P = $ 400,

By substituting the values,

800=400(1+\frac{0.039}{365})^{365t}

\implies t = 17.774\approx 18\text{ years}

Hence, his balance will be $800 after approximately 18 years.

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I will only give points if you give me a long answer (not THAT long.). Now, what is 100 x 300. Make sure to give a long answer b
Aloiza [94]

Answer:

100×300=3000

Step-by-step explanation:

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4 0
3 years ago
I would like to know the value of b and c
Ratling [72]

Answer:

a = 3, b = 8, c = 14

Step-by-step explanation:

First, we can organize this, putting lower values first.

2, 3, 3, 5, 9, 9, 11, 12

a , b , c somewhere there

Given this information, one thing we can look at first is the mode. The mode is 3, so there must be more 3s than any other number. Currently, there are 2 3s and 2 9s, so there must be at least one more 3 and no more 9s to make that true. Therefore, a, b, or c is 3. Therefore, we have

2, 3, 3, 3, 5, 9, 9, 11, 12

2 of a, b, c somewhere in there

Next, the median is 8. In our current state, the median is 5. There are 9 numbers, with 11 total including the 2 remaining values. Because there will be an odd amount of values, the median must be a number on the list. Therefore, our list is

2, 3, 3, 3, 5, 8, 9, 9, 11, 12

1 of a, b, c somewhere in there

There are 4 numbers above the median and 5 numbers below right now. To balance this out, there must be another number above the median. As a consequence, the remaining value must be greater than 8.

Finally, we know that the range is 12, so maximum - minimum = 12. Because the remaining number must be greater than 8, the minimum number is 2, no matter what. Therefore,

maximum - 2 = 12

add 2 to both sides to isolate maximum

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There is no 14 currently on the list, so the remaining value must be 14.

Our a, b, and c are as follows, in order from smallest to largest:

3, 8, 14

8 0
2 years ago
A scale model of a building is 3 inches tall. If the building is 90 feet tall, find the scale of the model.
olganol [36]

The scale model of a building 3 inches tall if the building is 90 feet tall is 2:5

<h3>Scaling of measurement</h3>

Scaling is the way of enlarging or reducing the image of an object.

Given scale model of a building is 3 inches, if the building is 90feet tall, to write the scale;

Convert both measures to same units

Since 1 feet. = 12 in

90 feet = 90/12 in = 7.5 in

Take the ratio

3 : 7.5 = 30: 75

Reduce to lowest term

30: 75 = 2 : 5

Hence the scale model of a building 3 inches tall if the building is 90 feet tall is 2:5

Learn more on scale model here: brainly.com/question/261465

#SPJ1

7 0
2 years ago
Is this correct?? if not pls tell me the correct answer
slamgirl [31]

Answer:

no, but it is A.

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2 years ago
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