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ladessa [460]
3 years ago
15

Tom opens a bank account and makes an initial deposit of $15,000. The banker tells Tom that he is going to receive an annual rat

e of 3.5% on his investment. Find the bank balance assuming Tom leaves the account untouched for 15 years. In your final answer, include all of your calculations.
Mathematics
1 answer:
saul85 [17]3 years ago
7 0
Assuming annual compounding, then:
FV=15000*(1+.035)^15
FV=15000*1.6753488307521611831782355996538
FV=$25130.23
At the end of 15 years, Tom should have $25130.23 in his account.
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Find the 9th term of the geometric sequence 9, 27, 81,
amm1812

Answer:

You have to multiply the last number by 3. So 9 times 3 equals 27 and 27 times 3 equals 81 and so on. The answer would be 59,049

Step-by-step explanation:

I hope this helps!!

5 0
3 years ago
What step do I do next ?
Svetach [21]
When it comes to dividing decimals, bear in mind that, first off you'd want to do away with the decimal point.

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for example 2.135 ÷ 5

notice, the 2.135 has three decimals, namely three numbers to the right of the decimal point.

since 2.135 has three decimals, then what we do, we add three zeros to 5, AND do away with the decimal point, thus our division is really

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now, if we had 2.135 ÷ 5.79

what we do is, since 2.135 has three decimals, we add three zeros to 5.79, and since 5.79 has two decimals, we add two zeros to 2.135, then our division is really

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3 years ago
Math graph and solution y=3x2+18x-21
Likurg_2 [28]
We have that

<span>y=3x</span>²<span>+18x-21

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6 0
3 years ago
I need help understanding ratios and how they can be equivalent to each other
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7 0
3 years ago
ABC is dilated by a scale factor of 3 with the origin as the center of dilation, resulting in the image A'B'C'. If the slope of
uysha [10]

Answer:

The slope of A'B' = -1.2 ⇒ answer A

Step-by-step explanation:

* Lets talk about dilation

- A dilation is a transformation that changes the size of a figure.  

- It can become larger or smaller, but the shape of the

 figure does not change.  

- The scale factor, measures how much larger or smaller  

  the image will be

- If the scale factor greater than 1, then the image will be larger

- If the scale factor between 0 and 1, then the image will be smaller

- If the center of the dilation is the origin then multiply each coordinate

 by the scale factor

* In the problem

∵ Δ ABC is dilated by a scale factor of 3 with the origin as the center

  of dilation

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∵ The slope of the line which passes through points (x1 , y1) and (x2 , y2)

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∵ Point A' is (3a , 3b) and point B' is (3c , 3d)

∴ The slope of A'B' = (3d - 3b)/(3c - 3a)

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∵ The slope of AB = -1.2

∴ The slope of A'B' = -1.2

* The slope of A'B' = -1.2

3 0
2 years ago
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