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Damm [24]
3 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]3 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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How do we express twice the sum of a tube and four
Bumek [7]

Answer:

Step-by-step explanation:

2(4 + x) = 34

4 + x = 34/2 = 17

x = 17 - 4 = 13

4 0
3 years ago
G = 15 - m/32
IRINA_888 [86]

The value of 32 in the equation will serve as the time taken by the driver to travel

<h3>Functions and values</h3>

If Alice fills up the gas tank of her car before going for a long drive, and the equation that shows the amount of gas in gallons in Alice's car when she has driven m (miles). is given as:

g = 15 - m/32

The value of 32 in the equation will serve as the time taken by the driver to travel

Learn more on distance and time here; brainly.com/question/17273444

#SPJ1

6 0
2 years ago
Among 500 freshmen pursuing a business degree at a university, 315 are enrolled in an economics course, 213 are enrolled in a ma
scoundrel [369]

Answer:

Step-by-step explanation:

Given that among 500 freshmen pursuing a business degree at a university, 315 are enrolled in an economics course, 213 are enrolled in a mathematics course, and 123 are enrolled in both an economics and a mathematics course.

From the above we find that

a) either economics of Math course is

315+213-123 =405

Out of 500 students 405 have taken either Math or Economics

Hence

c) student who have taken neither = 500-405 =95

Exactly one course is either math or economics - both

= 405-123 = 282

3 0
3 years ago
Zach paid $56.50 including sales tax for a book priced at $45. What was the sales tax rate?
kondaur [170]

Answer:

25.56% or $11.50

Step-by-step explanation:

I took it and put it in a sales tax calc.

3 0
3 years ago
the sum of 3 consecutive integers is 29 less than 5 times the smallest number. find the three numbers
allochka39001 [22]

x + x + 1 + x + 2 = 5x - 29

Combine like terms.

3x + 3 = 5x - 29

Subtract 3x from both sides.

3 = 2x - 29

Add 29 to both sides.

32 = 2x

Divide both sides by 2.

16 = x

<h3>The first digit is 16.</h3><h3>The second digit is 17.</h3><h3>The third digit is 18.</h3>
6 0
3 years ago
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