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Kipish [7]
2 years ago
12

If you deposit $2000 into an account paying 6% annual interest, how much money will be in the account, after 5 years if it is co

mpounded daily
Mathematics
1 answer:
Doss [256]2 years ago
3 0

Answer:

$2,699.72

Step-by-step explanation:

Given that

The deposited amount is $2,000

The annual rate of interest is 6%

And, the time period is 5 years

We need to find out the amount that would be in the account in the case when it is compounded daily

So,

The following formula should be used

= Deposited amount × e^(rate, time period)

= $2,000 × e^(0.06,5)

= $2,000 × e^0.3

= $2,699.72

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The school store sells erasers for $0.35 each and pencils for $0.15 each. Anthony spent $2.80 to buy a total of 12 erasers and p
Sergio039 [100]

Answer:

5 erasers.

Step-by-step explanation:

0.35e + 0.15p = 2.80

e + p = 12

e = 12 - p

0.35(12 - p) + 0.15p = 2.80

4.2 - 0.35p + 0.15p = 2.80

4.2 - 0.2p = 2.80

-0.2p = -1.4

-0.2p/-0.2p = -1.4/-0.2

p = 7

e = 12 - 7

e = 5

4 0
2 years ago
(03.02 MC)The number of pages that Ana, Hillary, Roger, and Juan can read in a day is shown below:
IgorLugansk [536]

Answer:

Juan

Step-by-step explanation:

The number of pages that Ana, Hillary, Roger, and Juan can read in a day is shown below:

For Ana

Ana read 15% of her 46-page book.

= 15% × 46 pages

= 6.9 pages

For Hillary

Hillary read 11% of her 72-page book.

= 11% × 72 pages

= 7.92 pages

For Roger

Roger read 12% of his 68-page book.

= 12% × 68 pages

= 8.16 pages

For Juan

Juan read 14% of his 69-page book.

= 14% × 69 pages

= 9.66 pages

The person who can read greatest number of pages in a day also means the person who read the highest number of pages in a day.

From the calculation above, that person in JUAN because she can read 9.66 pages of her book in one day.

5 0
2 years ago
How did the temperature change if: at first it's increased by 25% then decreased by 40%
LuckyWell [14K]

Answer:

15%?

Step-by-step explanation:

sorry if im wrong

5 0
3 years ago
Write a mathematical sentence for the inequality twice the difference of a number and seven is less than or equal to forty
Illusion [34]

2x +   7\leqslant 40
Sounds like that to me but that is symbolically showing of that's what your teacher means as mathematical sentence
5 0
2 years ago
Read 2 more answers
granola bite contains 27 calories. Most of the calories come from grams of carbohydrates. The rest come from other ingredients.
azamat

Answer:

5 1/2

Step-by-step explanation:

The calories contained are from grams of carbohydrates and other ingredients

One gram of carbohydrate contains 4 calories

The equation 4c + 5 = 27 represents the relationship between these quantities.

1. 5 from the equation represent calories from other ingredients

2. Neither 8 nor 3 is the solution to the equation

4c + 5 = 27

When 8 is the solution

4(8)+5=27

32+5=27

37=27

When 3 is the solution

4(3)+5=27

12+5=27

17=27

Neither 8 nor 3 is the solution to the equation because 8 gives a higher calories in the granola bite and 3 gives a lower calories in the granola bite.

3. Solution to the equation

4c + 5 = 27

4c= 27-5

4c = 22

Divide both sides by 4

c=22/4

=5 2/4

=5 1/2

The solution to the equation is 5 1/2

7 0
3 years ago
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