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sashaice [31]
3 years ago
5

2. An inaccurate clock loses

Mathematics
1 answer:
nikklg [1K]3 years ago
4 0

Answer: 588 min

24x7 x3.5

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what will be the total paid on an amortized loan of $15,000 for 5 years at 2 3/4% compounded monthly?
Alex73 [517]

the loan is being amortized, so that doesn't matter for its future value, the simple case that the borrower is paying it in bits monthly.

so, we're really just looking for the future value of the Principal $15000, let's convert theat mixed fraction to improper fraction, and then to a percent format firstly.


\bf \stackrel{mixed}{2\frac{3}{4}}\implies \cfrac{2\cdot 4+3}{4}\implies \stackrel{improper}{\cfrac{11}{4}}\implies \stackrel{decimal}{2.75} \\\\[-0.35em] ~\dotfill\\\\ ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt}


\bf \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$15000\\ r=rate\to 2.75\%\to \frac{2.75}{100}\dotfill &0.0275\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{monthly, thus twelve} \end{array}\dotfill &12\\ t=years\dotfill &5 \end{cases} \\\\\\ A=15000\left(1+\frac{0.0275}{12}\right)^{12\cdot 5}\implies A=15000\left( \frac{4811}{4800} \right)^{60}\implies A\approx 17208.318305


how did we get 4811/4800?   well, is really just the 1+(0.0275/12), which gives us about 1.0022917 but is a repeating decimal, so 4811/4800 is just the fraction version of it.

5 0
3 years ago
What is an equation of the line
Firdavs [7]

Answer:

Step-by-step explanation:

A line that is perpendicular to a reference line will have a slope that is the negative inverse of the reference line.

In this case, the reference line is y = -x - 1.  It has a slope of -1.  The negative inverse of this would be -(1/-1) = 1.

We can then write:

y = mx + b

y = 1x + b

To find b, enter the one given point that lines on the line, (-4,2).

y = 1x + b

y = 1x + b for (-4,2)

2 = 1(-4) + b

b = 6

The equation becomes y = x + 6

See attached.

3 0
2 years ago
a triangle has a height of 34 inches and an area of 391 square inches. Which equation can be used to find the base of the triang
tester [92]

Answer:

The area of a triangle is the space contained within its 3 sides. To find out the area of a triangle, we need to know the length of its three sides. The sides should be measured in feet (ft) for square footage calculations and if needed, converted to inches (in), yards (yd), centimetres (cm), millimetres (mm) and metres (m). The formula:

Square feet to square meters: multiply ft² by 0.092903 to get m²

Square yards to square feet: multiply yd² by 9 to get ft²

Square feet to square yards: multiply ft² by 0.11111 to get yd²

Square yards to square meters: multiply yd² by 0.8

Step-by-step explanation:

3 0
4 years ago
Evaluate for M/NP = 10, N = -5, and P = -2
Slav-nsk [51]
Hope this helps you..!!

3 0
3 years ago
What is 7 divided 384
KonstantinChe [14]

Answer

7 divided by 384 is=0.01822916666

384 divided by 7=54.8571428571

Step-by-step explanation:

just divide it

5 0
3 years ago
Read 2 more answers
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