3 years ago

Part 1) You deposit $100 in a bank account that earns 5% interest, compounded monthly.

1 answer:

8 0

1) A=100(1+0.05/12)^12t
2) 125=100(1+0.05/12)^12t
125/100=(1+0.05/12)^12t
Log(125/100)=12t*log(1+0.05/12)
12t=log(125÷100)÷log(1+0.05÷12)
t=[log(125÷100)÷log(1+0.05÷12)]/12
T=4.5 years

You might be interested in

Decompose 0.42 into tenths and hundredths

m_a_m_a [10]

Answer:

0.40 + 0.02

Step-by-step explanation:

4 tenths plus 2 hundredths

5 0

3 years ago

Given that € 1 = £0.72<br> a) How much is € 410 in £?<br> b) What is the £ to € exchange rate?

Alekssandra [29.7K]

Answer:

a) 295.2

Step-by-step explanation:

a) cross multiplication method

€1=£0.72

€410=x

x=€410×£0.72

8 0

3 years ago

The graph shows the distance $y$ (in miles) that a bus travels in $x$ hours. Find and interpret the slope of the line.

faust18 [17]

Answer:

Slope= 30

Speed = 30 miles per hour

Step-by-step explanation:

Given two points the slope will be change in y over change in x

OR (y-y1)/(x-x1)

(120-60)/(2-1) = 60/2 = 30miles/hr

5 0

2 years ago

Abe is going to plant 54 oak trees and 27 pine trees.

lord [1]

Answer: There are 27 trees he can plant in one row. There is one pine tree and 2 oak trees in each row

Step-by-step explanation:

7 0

3 years ago

the diameter of a spherical basketball is 10 inches what is the volume of the basketball give the exact solution or round your a

DiKsa [7]

Volume of a sphere is 4/3(pi r ^3)

You were given d = 10 so r = 5

Then just plug and chug

7 0

3 years ago

Read 2 more answers