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Sophie [7]
3 years ago
11

Use the method of least squares to solve the following problem.

Mathematics
1 answer:
slamgirl [31]3 years ago
3 0
Purr fbfbfbffjhfbfbfbfbfbfbf
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If the Ramirez family deposits $5000 in a savings account at 7.5% interest compounded continuously, how much will be in the acco
GenaCL600 [577]

Answer: The amount is $14794.39 and the interest is $9794.39

Step-by-step explanation: If you deposit <em><u>$5000</u></em><u> </u>into an account paying <em><u>7.5%</u></em> annual interest compounded yearly , how much money will be in the account after <em><u>15 years</u></em>?

To find amount we use formula:

A-P(1+r/n) n*t

A = total amount

P = principal or amount of money deposited,

r = annual interest rate

n = number of times compounded per year

t = time in years

P=$5000, r=7.5, n=1 and, t=15 years

After plugging the given information we have

A= $5000 (1+0.075/1)^1.15

A= 5000 *1.075^15

A=14794.39

To find interest we use formula  A=P+I'

since A= 14794.39  and P=5000

we have: A=P+I 14794.39=5000+I

I= 14794.39 -5000

I=9794.39

8 0
2 years ago
Read 2 more answers
What is a equivalent fraction and decimal to 3 ones and 7 hundreths
nasty-shy [4]
3 ones = 3
7 hundredths = 7/100

So equivalent fraction is 3 7/100 or 307/100.
Equivalent decimal is: 3.07
4 0
3 years ago
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Tickets to a school musical cost $7.25. The amount received from ticket sales is $833.75. How many tickets were sold?
KonstantinChe [14]

Answer:  115

Divide 833.75 by 7.25

5 0
3 years ago
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Triangle DEF has coordinates D (5,2), E (5,-2), and F(-4, 0). Which of the
andreev551 [17]

Answer:

Well, I don't have further explanation to this question but I know the answer which is: The x-axis is the only line of symmetry

4 0
2 years ago
Write in Slope Intercept<br> Form:<br> (0,4) (3,18)
satela [25.4K]

Answer:

Do y²-y¹/x²-x¹. So do 18-4/3-0 in order to get 14/3 and your slope intercept form! Hope this helped

6 0
3 years ago
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