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2 years ago

What is the value of x. Will mark Brainlyist if it’s the correct answer. Please help!

Mathematics

1 answer:

Arlecino [84]2 years ago

6 0

Answer:

THATS OUR TOPIC ALL YOU NEED IS

hope it helps

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$6000 are invested in a bank account at an interest rate of 10 percent per year.

Licemer1 [7]

The amount for the investment of $6000 will be a.$6369 b. $6090 and c.$6030.

<h3>What is compound interest?</h3>

Compound interest is the interest levied on the interest. The formula for the calculation of compound interest is given as:-

$A=P[1+\dfrac{r}{n}]^{nt}$

a) The amount in the bank after 6 years if interest is compounded annually.

$A=P[1+\dfrac{r}{1}]^{t}\\\\\\A=6000[1+\dfrac{0.01}{1}]^{ 6}$

A= $6369

b) The amount in the bank after 6 years if interest is compounded quarterly.

$A=P[1+\dfrac{r}{4}]^{4t}\\\\\\A=6000[1+\dfrac{0.01}{4}]^{4\times 6}$

A= $6090

c ) The amount in the bank after 6 years if interest is compounded monthly.

$A=P[1+\dfrac{r}{12}]^{4t}\\\\\\A=6000[1+\dfrac{0.01}{12}]^{12\times 6}$

A=$6030

Hence the amount for the investment of $6000 will be a.$6369 b. $6090 and c.$6030.

To know more about Compound interest follow

brainly.com/question/24924853

#SPJ1

7 0

2 years ago

Is this expression equivalent to 1.5?<br><br> 15.0 / 10<br> 15.0 (divided by) 10

Dmitriy789 [7]

Answer:

Yes it is true

Step-by-step explanation:

15/10 equals 1.5

4 0

2 years ago

A rectangular floor measures 10 1/8 feet by 13 3/4 feet. If Emily buys 150 square feet of carpet, will she have enough carpet to

miss Akunina [59]

Yes she will have enough. Here is why.

10 1/8 x 13 3/4 = 139

Therefore the room is 139 square feet. She has 150 square feet of carpet, so she has enough.

6 0

3 years ago

Read 2 more answers

PLEASE HELP WILL REWARD!

quester [9]

More than $1137.50 but less than $1327.34

6 0

2 years ago

Read 2 more answers

Your friend tells you that if you let her keep 2020 of your Pokemon cards for three months, she will give you 22 cards extra whe

Dmitrij [34]

Answer: 40 %

Step-by-step explanation:

Let the amount of one card = x

Hence, the value of 20 cards ( Principal amount ) = 20x

And, the value of 22 cards ( Total amount after 3 month ) = 22x

⇒ Total interest in 3 month = 22x - 20x =2x

Let the annual interest rate = r %

$\frac{20x\times r\times 3/12}{100}=2 x$ ( By the formula of simple interest rate )

$\implies \frac{10\times r\times 1/4}{100}=1$

$\implies \frac{10r}{400}=1$

$\implies 10r=400$

$\implies r=40\%$

Hence, the annual rate of interest = 40%

8 0

2 years ago