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Damm [24]
2 years ago
9

Mary has $6,000 saved for her college education. She invested that money at 2.3% interest per year. Suppose her account earned i

nterest compounded annually. How much interest would she earn in 3 years?
Mathematics
1 answer:
igomit [66]2 years ago
8 0

Answer:

Interest= $423.59

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $6,000

Number of periods (n)= 3 years

Interest rate (i)= 2.3% = 0.023

<u>To calculate the Future Value, we need to use the following formula:</u>

FV= PV*(1+i)^n

FV= 6,000*(1.023^3)

FV= $6,423.59

<u>Now, the interest earned:</u>

<u />

Interest= 6,423.59 - 6,000

Interest= $423.59

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Will give brainliest 100 points Given: Q = 7m + 3n, R = 11 - 2m, S = n + 5, and T = -m - 3n + 8.
gulaghasi [49]

Answer:

-3m-4n+14 (D)

Step-by-step explanation:

R-S+T=

<em>Substitute the Values given</em>

(11-2m)-(n+5)+(-m-3n+8)=

<em>Open Parenthesis</em>

11-2m-n-5-m-3n+8=

<em>Combine Like Terms</em>

-3m-4n+14

6 0
2 years ago
Please help!!!!<br><br>what is the least common denominator of 1/6, 10/11, 5/12?<br>​
Vesna [10]
<h3>Answer: LCM = 132</h3>

===================================================

Work Shown:

LCM = least common denominator

List out the prime factorization of each denominator

  • 6 = 2*3
  • 11 = 1*11
  • 12 = 2*2*3

So we have the list of primes 2,3, and 11 that help form the denominators when we multiply some of them together.

The prime 2 shows up at most twice, so 2*2 = 4 is a factor of the LCM

The prime 3 shows up at most one time, meaning 3 is also a factor

The prime 11 shows up at most one time, so 11 is another factor

Multiply these factors to get 4*3*11 = 12*11 = 132

The LCM is 132

---------------------

Another Approach:

Focus on 1/6 and 10/11 for now. The LCM is 66 because 6*11 = 66. We simply multiply the denominators together. Then we divide over the GCF 1 to get 66/1 = 66.

The LCM of 1/6 and 10/11 is 66

The fractions 1/6 and 10/11 are equivalent to 11/66 and 60/66 respectively

The original list of fractions updates to 11/66, 60/66, 5/12

We've gone from 3 different denominators to now 2 different denominators.

Repeat the steps of multiplying the denominators and dividing by the GCF

66*12 = 792

792/(gcf of 66 and 12) = 792/6 = 132

So the LCM of all the fractions is 132.

3 0
3 years ago
Do the ratios 4/16 and 1/2 form a proportion?
REY [17]

Answer:

no

Step-by-step explanation:

6 0
2 years ago
Read 2 more answers
PLEASE HELP If P(A)=0.2 and P(A and B)=0.12, and P(A or B)=0.68, what is P(B)?
ruslelena [56]

Answer:

YOU ADD UP ALL THE DECIMALS

Step-by-step explanation:

6 0
2 years ago
What is the inverse of the function f(x) = 2x + 1?
BaLLatris [955]

Answer:

f^{-1} = \frac{x-1}{2}

Step-by-step explanation:

f(x) = 2x+1

<em>Replace it with y</em>

y = 2x+1

<em>Exchange the values of  x and y</em>

x = 2y+1

<em>Solve for y</em>

x = 2y+1

<em>Subtracting 1 from both sides</em>

2y = x-1

<em>Dividing both sides by 2</em>

y = \frac{x-1}{2}

<em>Replace it by </em>f^{-1}

So,

f^{-1} = \frac{x-1}{2}

3 0
3 years ago
Read 2 more answers
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