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LenaWriter [7]
3 years ago
11

PLZ NEED HELP ASAP!!!

Mathematics
1 answer:
madam [21]3 years ago
4 0

Answer:

C and D

Step-by-step explanation:

I had this same problem on my quiz

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On 1st January 2020, Laurie invests P dollars in an account that pays a nominal annual interest rate of 5.5%, compounded quarter
andrezito [222]

Answer:

1) The common ratio =  1.055

2) The year in which the amount of money in Laurie's account will become double is the year 2032

Step-by-step explanation:

1) The given information are;

The date Laurie made the investment = 1st, January, 2020

The annual interest rate of the investment = 5.5%

Type of interest rate = Compound interest

Therefore, we have;

The value, amount, of the investment after a given number of year, given as follows;

Amount in her account = a, a × (1 + i), a × (1 + i)², a × (1 + i)³, a × (1 + i)ⁿ

Which is in the form of the sum of a geometric progression, Sₙ given as follows;

Sₙ = a + a × r + a × r² + a × r³ + ... + a × rⁿ

Where;

n = The number of years

Therefore, the common ratio = 1 + i = r = 1 + 0.055 = 1.055

The common ratio =  1.055

2) When the money doubles, we have;

2·a = a × rⁿ = a × 1.055ⁿ

2·a = a × 1.055ⁿ

2·a/a = 2 = 1.055ⁿ

2 = 1.055ⁿ

Taking log of both sides gives;

㏒2 = ㏒(1.055ⁿ) = n × ㏒(1.055)

㏒2 = n × ㏒(1.055)

n = ㏒2/(㏒(1.055)) ≈ 12.95

The number of years it will take for the amount of money in Laurie's account to double = n = 12.95 years

Therefore, the year in which the amount of money in Laurie's account will become double = 2020 + 12..95 = 2032.95 which is the year 2032

The year in which the amount of money in Laurie's account will become double = year 2032.

3 0
3 years ago
Which shows how to solve the equation Three-fourths x = negative 6 for x in one step?
tino4ka555 [31]

Answer:

x = -8

Step-by-step explanation:

Let's put this into numbers: \frac{3}{4}x =-6

The first thing you want to do is to multiply both sides by 4:

3x=-24

Next you need to divide by 3:

x=-8

The answer is -8

5 0
3 years ago
Write the slope intercept form of the equation of the line through the given points. (5,-1) and (-5,2)
Lelu [443]

Answer:

y=-\frac{3}{10} x+\frac{1}{2} or -\frac{3}{10}

Step-by-step explanation:

first use the y2-y1/x2-x1 formula then use y=mx+b after

plug in 2 for y2 and -1 for y1

plug in -5 for x2 and 5 for x1

\frac{2-(-1)}{-5-5}=

2+1=3

-5-5=-10

-\frac{3}{10} is ur slope

_____________________

this is the y=mx+b formula *extra info ig*

i usually use the first point for this but u can use watever point u want

plug in 5 for x

plug in -1 for y

and plug -3/10 for m

-1=-3/10(5)+b

-3/10*5=-3/2

-1=-3/2+b

add -3/2 on both sides

-1+3/2=1/2

1/2=b and b is ur y-intercept

y=-3/10x+1/2

hope this helps

7 0
3 years ago
Answer this question plz
olya-2409 [2.1K]

Answer: velocity-time graph

Step-by-step explanation: The principle is that the slope of the line on a velocity-time graph reveals useful information about the acceleration of the object. If the acceleration is zero, then the slope is zero (i.e., a horizontal line). If the acceleration is positive, then the slope is positive (i.e., an upward sloping line).

8 0
3 years ago
A number is one thousandth of 78,962. What is the number?​
JulsSmile [24]

Answer:

78.962

Step-by-step explanation:

its just moving the decimal

5 0
3 years ago
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