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Sindrei [870]
3 years ago
9

PLEASE HELP ME !!

Mathematics
1 answer:
AlekseyPX3 years ago
5 0

Answer:

$448.76

$73.76

Step-by-step explanation:

We are to calculate the future value with monthly compounding

The formula for calculating future value:

FV = P (1 + r/m)^mn

FV = Future value  

P = Present value  

R = interest rate

m = number of compounding

N = number of years  

$375 x ( 1 + 0.06/12)^12 x 3

$375 x (1.005)^36 = $448.76

Interest earned = future value - amount saved

$448.76 -  $375  = $73.76

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melamori03 [73]

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6 0
3 years ago
Read 2 more answers
Question 17
Rufina [12.5K]

Answer:

698 fishes

Step-by-step explanation:

Generally, we can represent an exponential growth function as;

y = a•(1 + r)^t

originally, there were 3 fishes

The original value in this case means a = 3

After 6 weeks, there were 31

31 in this case is y

r is the increase percentage or rate

t is the time

So, we have it that;

31 = 3•(1 + r)^6

31/3 = (1 + r)^6

10.33 = (1 + r)^6

ln 10.33 = 6 ln (1 + r)

ln 10.33/6 = ln (1 + r)

e^0.3892 = (1 + r)

1 + r = 1.476

r = 1.476-1

r = 0.476 or 47.6%

So the growth percentage or rate is 47.6%

For 14 weeks, we simply have the value of t as 14;

So ;

y = 3•(1 + 0.476)^14

y = 3(1.476)^14

y = 698 fishes

8 0
3 years ago
I need help on my homework... plz
Kazeer [188]

Nevermind i see it. one sec

7 0
3 years ago
Which equation shows this relationship? 8 less a number (n) is 21.
GarryVolchara [31]
N-8=21 should be the answer
8 0
3 years ago
1) -24, -4, 16, 36, ...<br> Find a23
viktelen [127]

We're given the Arithmetic Progression <em>-24, -4, 16, 36 ...</em> .

We know that a term in an AP is generally represented as:

\bf a_n\ =\ a\ +\ (n\ -\ 1)d

where,

  • a = the first term in the sequence
  • n = the number of the term/number of terms
  • d = difference between two terms

We need to find \sf a_2_3.

From the given progression, we have:

  • a = -24
  • n = 23
  • d = (-24 - (-4) = -20

Using these in the formula,

\sf a_2_3\ =\ a\ +\ (n\ -\ 1)d\\\\\\a_2_3\ =\ -24\ +\ (23\ -\ 1)\ \times\ (-20)\\\\\\a_2_3\ =\ -24\ +\ 22\ \times (-20)\\\\\\a_2_3\ =\ -24\ -\ 440\\\\\\\bf a_2_3\ =\ -464

Therefore, the 23rd term in the AP is -464.

Hope it helps. :)

7 0
3 years ago
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