All categories

3 years ago

3=m/12 help asap Have a great day:)

Mathematics

1 answer:

lisov135 [29]3 years ago

8 0

Answer:

3=m/12

3×12=m

36=m.

................

You might be interested in

1. A retirement account is opened with an initial deposit of $8,500 and earns 8.12% interest compounded monthly. What will the a

Rudik [331]

Answer:

Part A) $\$42,888.48$

Part B) $A=\$22,304$

Part C) The graph in the attached figure

Step-by-step explanation:

Part A) What will the account be worth in 20 years?

we know that

The compound interest formula is equal to

$A=P(1+\frac{r}{n})^{nt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

n is the number of times interest is compounded per year

in this problem we have

$t=20\ years\\ P=\$8,500\\ r=0.0812\\n=12$

substitute in the formula above

$A=8,500(1+\frac{0.0812}{12})^{12*20}$

$A=8,500(1.0068)^{240}$

$A=\$42,888.48$

Part B) What if the deposit were compounded monthly with simple interest?

we know that

The simple interest formula is equal to

$A=P(1+rt)$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest

t is Number of Time Periods

in this problem we have

$t=20\ years\\ P=\$8,500\\r=0.0812$

substitute in the formula above

$A=8,500(1+0.0812*20)$

$A=\$22,304$

Part C) Could you see the situation in a graph? From what point one is better than the other?

Convert the equations in function notation

$A(t)=8,500(1.0068)^{12t}$ ------> equation A

$A(t)=8,500(1+0.0812t)$ -----> equation B

using a graphing tool

see the attached figure

Observing the graph, from the second year approximately the monthly compound interest is better than the simple interest.

5 0

3 years ago

Need answers asap!!!!!!!!!!!!!!

IRINA_888 [86]

Answer:

The answer is

x equal -243

4 0

3 years ago

Read 2 more answers

The water was pumped out of a backyard pond. What is the domain of this<br> graph?

nignag [31]

The correct answer to your question is C.

6 0

3 years ago

Read 2 more answers

What is the circumference of a circular park with a radius of 100 meters? (Round your answer to the nearest tenth.)

Scilla [17]

Radius = 100m
Circumference of a circle = 2πr
= 2 × π× 100
=628.31m

7 0

3 years ago

Read 2 more answers

The first 2 terms of geometric sequnce are shown 3 and 9. What is the next term in the geometric sequence?

Bad White [126]

The next number is 27.
You can find this by finding the common ratio between 3 and 9 and multiplying 9 by the common ratio. The common ratio is 3

8 0

3 years ago