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2 years ago

Read the following adage.

Mathematics

1 answer:

uysha [10]2 years ago

4 0

Answer:

Step-by-step explanation:

the and is no 3 hope l could help

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What is the balance after 15 years in a savings account that earns 2% interest compounded bimonthly when the initial deposit is

Ierofanga [76]

Answer:

$1348.07

Step-by-step explanation:

Hello!

<h3>Compound Interest Formula: $A = P(1 + \frac rn)^{nt}$ </h3>

A = Account Balance
P = Principle/Initial Amount
r = Rate of Interest (decimal)
n = Number of times compounded (per year)
t = Number of Years

<h3>Given Information</h3>

Account Balance = ?
Principle Amount = $1000
Rate of Interest = 0.02

Why is the Rate 0.02?

This is because we are gaining money, so the multiplier should be greater than 1. We already added 1, which is 100% so you simply add the 0.02 for the extra 2%.

Number of times compounded per year = 6

This is because it is being compounded bi-monthly, or once every 2 months. 12 months divided by 2 months is 6 months, so 6 times a year.

Number of years = 15

<h2>Solve </h2>

Solve by plugging in the given values into the formula.

$A = P(1 + \frac rn)^{nt}$
$A = 1000(1 + \frac {0.02}{6})^{6*15}$
$A = 1000(1 + 0.00333...)^{90}$
$A = 1000(1.00333...)^{90}$
$A = 1000(1.145743)$
$A \approx 1457.43$

This is really close to the first option, and since there is rounding involved with the repeating decimal, the first option should be correct.

The answer is $1348.07.

3 0

1 year ago

Is my answer correct? if not please correct me

elena-s [515]

Using the given equation y-3 = 3/4(x+2)

Give Y a value and then solve for x:

If y = 0 the equation is now:

0 -3 = 3/4(x+2)

Solve for x:

-3 = 3/4x + 1.5

-4.5 = 3/4x

x = -4.5 / 3/4

x = -6

So the first point would be (-6,0)

Now make x 0 and solve for y:

y -3 = 3/4(0+2)

y-3 = 0 + 1.5

y = 4.5

So the 2nd point would be (0,4.5)

You are close, but the dot you have on y=4, needs to be moved up to 4.5.

8 0

3 years ago

2. About how much is 123.1 do you weigh in pounds? Estimate if you don't know☺ Find an online converter and find out how many ki

Mama L [17]

Answer:

123.1 pounds is vary long, and I don't want to repeat, so 55.8372207 repeat.

Step-by-step explanation:

If you have any questions regarding my answer, tell me them in the comments, and I will come answer them for you. Have a good day.

8 0

2 years ago

VERY IMPORTANT I NEED HELP!!!

Advocard [28]

Answer:

2√3

Step by step Explanation:

$= > \frac{ \sqrt{96} }{ \sqrt{8} } \\ \\ = > \frac{ \sqrt{12 \times 8} }{ \sqrt{8} } \\ \\ = > \frac{ \sqrt{12} \times \sqrt{8} }{ \sqrt{8} } \\ \\ = > \sqrt{12} \\ \\ = > \sqrt{4 \times 3} \\ \\ = > \sqrt{2 \times 2 \times 3} \\ \\ = > 2 \sqrt{3}$

3 0

3 years ago

Write each of the following products in standard polynomial form. (a) (x+3)(x-2)(x-8) (b) (x+2)(x-2)(x+3)(x-3)

Grace [21]

Each of the following products

6 0

3 years ago