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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:

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Consider the infinite geometric series ∑∞n=1−4(13)n−1
vodomira [7]

Answer:

See below

Step-by-step explanation:

-4 (1/3)^(n-1)

Part A

<em><u>For n = 1</u></em>

-4(1/3)^(1 - 1)

-4(1/3)^0    Anything to the 0 power (except 0) is 1

-4 (1)

-4

<em><u>n = 2</u></em>

-4(1/3)^(2 - 1)

-4*(1/3)^1

-4/3

<em><u>n = 3</u></em>

- 4(1/3)^2

-4/9

<em><u>n = 4</u></em>

-4/(1/3)^3

-4 / 27

Part B

The series converges.

1/3 is between -1 <= 1/3 <= 1

Part C

<em><u>Formula</u></em>

Sum = a/(1 - r)

a = - 4

r = 1/3

Sum = -4/(1 - 1/3) = -4//2/3 = - 4/(0.666666666...) = -6

3 0
3 years ago
Read 2 more answers
How do i find cos Z
maxonik [38]

Step-by-step explanation:

The cosine function, along with sine and tangent, is one of the three most common trigonometric functions. In any right triangle, the cosine of an angle is the length of the adjacent side (A) divided by the length of the hypotenuse (H). In a formula, it is written simply as 'cos'.

In any right angled triangle, for any angle:

The sine of the angle = the length of the opposite side

                                  the length of the hypotenuse

The cosine of the angle = the length of the adjacent side

                                     the length of the hypotenuse

The tangent of the angle = the length of the opposite side

                                     the length of the adjacent side

So in shorthand notation:

sin = o/h   cos = a/h   tan = o/a

Often remembered by: soh cah toa

7 0
3 years ago
1.Morgan drives 24 miles due north, then drives 7 miles due east from home to work. What is the distance between Morgan’s home a
Naily [24]

Answer:

1) 25 miles

2) 20 m

Step-by-step explanation:

Number 1 is going to be

a^{2} + b^{2}  = c^{2} because it's a right triangle

So

24^{2} + 7^{2} = c^{2}

625 = c^{2}

c = 25 mile

Number 2 uses the same process, but changing to using C instead of A

a^2 = c^2 - b^2

a^2 = 625 - 225

a = \sqrt(400)

a = 20m

6 0
3 years ago
Which coordinate pair represents the reflection of (-4,6)
insens350 [35]
The answer is C because when it reflects the 4 stays negative and the 6 because negative because it reflected on the negative side

Hope this helped! :))
4 0
3 years ago
45-45-90...find the value of x?
andrey2020 [161]

Answer:

<h2>         x = 19</h2>

Step-by-step explanation:

If the angles of a triangle are 45°, 45° and 90°, the the sides of the triangle are x. x and x√2

x√2 = 19√2   ⇔  x = 19

4 0
3 years ago
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