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Tasya [4]
2 years ago
9

PLEASE HELP IM TIMED ON THIS!!!!!

Mathematics
1 answer:
Lady_Fox [76]2 years ago
7 0
X= 16 is the answer for it
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How long does it take a 2700 dollar investment compounded monthly at 9% to make 500 dollars
valina [46]

Answer:

23 months

Also please note that it's everytime ^t/12 not (^t)/12

Step-by-step explanation:

Principal (P) = $2700

rate = 9%

t = ?

Amount = P(1+\frac{r}{100} )^(t/12)

Amount = 2700 +500 = $3200

So substituting all our values we get :

3200 = 2700(1+\frac{9}{100})^(t/12)\\ 3200=2700(1+0.09)^(t/12)\\3200 = 2700(1.09)^(t/12)\\\frac{3200}{2700}  =1.09^(t/12)

So we use log to solve for t :

t/12=log_{1.09} (\frac{3200}{2700})\\

Solving this using a calculator we get:

1.9714966193*12

=23 months

7 0
3 years ago
9000 for 5 years at 4.5% compounded monthly
tatuchka [14]
I think its 9000(1.045)^5. Hope this helps. That equals $11,215.60, or rounded to the nearest dollar, $11,215.
7 0
3 years ago
Jamie has a square mirror with side lengths of 6 inches.
Sophie [7]
Are we supposed to find the area? If so, It's 36 because 6 times 6 equals 36 :p Hope I helped.
8 0
3 years ago
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Find the solution of the system of the equations 7x+14y=35 -2x-2y=-8
grandymaker [24]

Answer:

(x,y)=(309/7,-317/14) If you ever get stuck on similar problems I recommend using the photomath app.

Step-by-step explanation:

4 0
2 years ago
I will mark Brianliest correct answer !!!!!! HELP !!!
Anna11 [10]

Answer:,n   ,

Step-by-step explanation:

6 0
3 years ago
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