All categories

2 years ago

Which of the following give the highest future value is 6000000 is invested at 6% for 3 years

Mathematics

1 answer:

Blababa [14]2 years ago

3 0

Answer:

$5084745.76271

Step-by-step explanation:

Given data

Final amount= $6000000

Rate=6%

Time= 3 years

Now let us find the initial amount which is the principal

using the simple interest formula we have

6000000 = P(1+0.06*3)

6000000 =P(1+0.18)

6000000 =P*1.18

P= 6000000 /1.18

P=$5084745.76271

Hence the initial deposite is $5084745.76271

You might be interested in

Fill in the number that makes this sentence true 6x9=(6x5)+(6x)

antiseptic1488 [7]

<span>Fill in the number that makes this sentence true 6x9=(6x5)+(6x) (6x5)</span>

4 0

2 years ago

There are 180 days in school year and you get 3 assignments per day. How many total assignments do you get in 1 school year

m_a_m_a [10]

Answer:

260 assignments in a school year

Step by Step:

There are 180 days in a school year and you do 3 assignments per day you multiple 180 and 3

6 0

3 years ago

A bathtub is the shape of a rectangular prism. The dimensions are 5 1/2 ft times 2 1/2 ft times 2 3/4 ft. What is the volume of

Sav [38]

Answer:

$37 \frac{13}{16} ft^3$

Step-by-step explanation:

A rectangular prism is also know as a cuboid.

The dimensions of the rectangular prism shaped bath tub are 5½ ft * 2½ ft * 2¾ ft.

The volume of a cuboid (rectangular prism) is given as:

V = L * B * H

Hence, the volume of the bath tub is:

V = 5½ * 2½ * 2¾

V = 11/2 * 5/2 * 11/4

V = 605 / 16 = $37 \frac{13}{16} ft^3$

The volume of the bath tub is $37 \frac{13}{16} ft^3$

5 0

2 years ago

A farm lets you pick 3 pints of raspberries for 12.00 what is the price per pint/

BaLLatris [955]

Answer:

Step-by-step explanation:

I tried to make it as simple as possible.

8 0

2 years ago

Read 2 more answers

2log(2a - 1) = 0<br> How

Kryger [21]

Answer:

Step-by-step explanation:

$2\log(2a-1)=0\\\\\text{Domain:}\\\\2a-1>0\qquad\text{add 1 to both sides}\\2a-1+1>0+1\\2a>1\qquad\text{divide both sides by 2}\\\dfrac{2a}{2}>\dfrac{1}{2}\\\boxed{a>0.5}\\============================\\\\2\log(2a-1)=0\qquad\text{divide both sides by 2}\\\\\dfrac{2\!\!\!\!\diagup\log(2a-1)}{2\!\!\!\!\diagup}=\dfrac{0}{2}\\\\\log(2a-1)=0\qquad\text{use}\ \log_ab=c\iff b=a^c\\\\\log(2a-1)=\log10^0\\\\\log(2a-1)=\log1\iff2a-1=1\qquad\text{add 1 to both sides}\\\\2a-1+1=1+1\\\\2a=2\qquad\text{divide both sides by 2}\\\\\dfrac{2a}{2}=\dfrac{2}{2}\\\\a=1\in D$

3 0

2 years ago

Which of the following give the highest future value is 6000000 is invested at 6% for 3 years​

Which of the following give the highest future value is 6000000 is invested at 6% for 3 years