1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lyudmila [28]
3 years ago
6

Gavin owes the bank $63,000. After 10 years, Gavin owes $93,255. Gavin knows the debt grows with an interest rate that compounds

once every year. What is the rate of interest (as a percentage)?
Mathematics
1 answer:
geniusboy [140]3 years ago
4 0

Answer:

 1,616.60

we know that    

The compound interest formula is equal to  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

in this problem we have  

substitute in the formula above  

Step-by-step explanation:

You might be interested in
Find the equation for the area, A, of the rectangle with a length of n-5 and a width of n-1.
Nookie1986 [14]

Answer:

C. n^{2}-6n+5

Step-by-step explanation:

Area of a rectangle =l x w

A=(n-5)(n-1)

Use distributive property

n^{2}-n-5n+5

Combine like terms

n^{2}-6n+5

5 0
3 years ago
Read 2 more answers
1. Find the equation of a line passing through the points (1,-2) and (-3,10).​
liraira [26]

Answer:

Step-by-step explanation:

(1 , -2)   x₁ =1 & y₁ = -2

(-3,10)  x₂= -3 & y₂ = 10

First we need to find the slope.

\boxed{Slope = $\dfrac{y_{2}-y_{1}}{x_{2}-x_{1}}$}\boxed{Slope=\dfrac{y_{2}-y_{1}}{x_{2}-x_{1}}}

          =\dfrac{10-[-2]}{-3-1}\\\\\\=\dfrac{10+2}{-4}\\\\\\=\dfrac{12}{-4}\\\\\\= - 3

m = -3

Equation of the line: y = mx + b

y = -3x + b

To find the value of b, take one of the point and substitue in the above equaiton.

(1 , -2)

-2 = -3*1 + b

-2 = -3 + b

-2 + 3 = b

b = 1

Equation of the line:

y = -3x + 1

4 0
3 years ago
You buy 2 pairs of shoes in a sale. You pay the full price of $48 for the first pair, and you get the second pair for half this
BigorU [14]
One is $48
The other is $24
You paid 75% for both pairs combined
5 0
4 years ago
Read 2 more answers
5x+20=57<br>how do I solved
Tema [17]
I hope this helps you 5x+20=57 5x=57-20 5x=37 x=37/5
3 0
4 years ago
Read 2 more answers
Which is the graph of an odd monomial function?
malfutka [58]
In order for a function to be odd, we know that f(-x) = -f(x)
Hence, the only graphs that are odd are the cubics.

Now, a monomial is defined as an equation with only one term in it. Since the first two is shifted, they must consist of at least 2 terms.

Hence, the only viable answer is the third graph.
3 0
3 years ago
Read 2 more answers
Other questions:
  • Chase and Sara went to the candy store. Chase bought 5 pieces of fudge and 3 pieces of bubble gum for a total of $5.70. Sara bou
    12·1 answer
  • 24 oz &lt; 1 lb 16 oz True or False? 15 points total. (Testing)
    15·2 answers
  • Plz help i beg of you
    11·1 answer
  • A rectangle is _____ a trapezoid. <br><br> always<br><br> sometimes<br><br> never
    8·2 answers
  • PLEASE ANSWER ASAP!! WILL GIVE 50 POINTS! AND BRAINLIST!
    7·1 answer
  • Ana asiste al parque de aletismo cada tres dias desde el tercer dia del mes; mientras que Miguel lo hace cada 4 dias desde el 4
    13·1 answer
  • The point (5,0) is a solution of 3 x - y &gt; 4. <br> true or false ?
    11·2 answers
  • Twins Isaac and Isaiah were just born. Isaac weighs 666 pounds 222 ounces and Isaiah weighs 555 pounds 444 ounces.
    13·1 answer
  • Use the equation to answer the question. x-10= 30 What value of x makes the equation true?
    14·1 answer
  • The total marks obtained in a mathematics test was 384 if the mean was 24 how many children took the test
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!