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MaRussiya [10]
3 years ago
8

If you put 700 into a savings account that's earns 1% interest compound monthly how much will you have in 5 years

Mathematics
1 answer:
miss Akunina [59]3 years ago
3 0

Answer:

In 5 years I will have $ 1,151.71.

Step-by-step explanation:

To determine, if I put 700 into a savings account that's earns 1% interest compound monthly, how much will I have in 5 years, the following calculation must be performed:

700 x (1 + 0.01 / 12) ^ 12x5 = X

700 x (1 + 0.008333) ^ 60 = X

700 x 1.64530 = X

1,151.71 = X

Therefore, in 5 years I will have $ 1,151.71.

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Step-by-step explanation:

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The central angle subtending the segment is 120°, or 2π/3 radians. Thus the segment area is ...

  A = (1/2)(5 m)²(2π/3 -sin(2π/3)) = (25 m²)(π/3 -(√3)/4)

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Answer:

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Step-by-step explanation:

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3 years ago
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Eva8 [605]

There are two of them. 

I don't know a mechanical way to 'solve' for them.

One can be found by trial and error:

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x=1 . . . . . 2^1 = 2 . . . . . 4(1) = 4 . . . . . no, that doesn't work
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For the other one, I constructed tables of values for 2^x and (4x)
in a spread sheet, then graphed them, and looked for the point
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The point is near, but not exactly,         <em>x = 0.30990693...

</em>
If there's a way to find an analytical expression for the value, it must involve
some esoteric kind of math operations that I didn't learn in high school or
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</em>
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