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77julia77 [94]
3 years ago
8

You invest 1,600 in an account that pays an interest rate of 6.5% compounded continuously calculate the balance after 6 years

Mathematics
1 answer:
tangare [24]3 years ago
6 0

The amount A when the principal P is compounded continuously is given by the formula :

A=P E^{rt}

Here r is rate of interest and t is time .

In the question P=1600 ,r=6.5%=0.065 ,t= 6 years

Substituting these values in the formula

A=(1600) e^{0.065 times 6}

A= 1600(1.48)

A=2363.17

Balance after 6years is $2363.17

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7 0
3 years ago
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List price is $600.25, the rate of discount is 20%, what is the net price​
Bumek [7]

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Second, find out what 20% of $600.25 is. This is the amount of the sale discount. This is always found by mulitplying 0.200 by the item's cost $600.25, like this:

0.200 x $600.25 = $120.05.

So for this sale, you'll save $120.05 on this item.

This means, the cost of the item to you is

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Alternatively, you can think about it this way. The item is 20% off. This means you'll pay 80.000% of the total cost (100% - 20% = 80.000%).

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3 years ago
Factor the quadratic equations W^2-W-12
Alexandra [31]
Given
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We look for m, n so that  m+n=b=-1, m*n=c=-12, where m,n are integer factors of -12.

Now enumerate all possibilities for m*n=12
m   n  m*n   m+n
1 -12   -12    -11
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3  -4     -12    -1  ....... so m*n=-12, m+n=-1
The factorization is then
W^2-W-12=(W+3)(W-4)

6 0
3 years ago
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