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Harman [31]
3 years ago
13

Lacy opened a savings account and deposited $100. The account earns 6% interest compounded monthly if she wants to use the money

to buy a new bicycle in two years how much will she be able to spend on the bike
Mathematics
1 answer:
Dafna11 [192]3 years ago
5 0

Answer:

Future Value= $112.72

Step-by-step explanation:

Giving the following information:

Initial deposit (PV)= $100

Number of periods (n)= 2*12= 24 months

Interest rate (i)= 0.06/12= 0.005

<u>To calculate the future value (FV), we need to use the following formula:</u>

FV= PV*(1 + i)^n

FV= 100*(1.005^24)

FV= $112.72

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What is the slope of this equation = -0.3x + 3.7.​
meriva

Answer:

- 0.3

Step-by-step explanation:

Slope Intercept Form:

y = mx + b

Slope:

m = slope

Equation:

- 0.3x + 3.7

Slope = - 0.3

Hope This Helps :)

5 0
3 years ago
Can someone help me with this I’m really bad in geometry
Crank

I redrew the triangle (just turned it around it make it easier to understand).

7 0
3 years ago
Graph and label Point H at 1.5 , negative 6 thirds
andre [41]
They are actually asking for 1.5 and -2 so the answer will be coordinated at approximately half past 1 and on -2 which is located on the right lower quadrant
7 0
4 years ago
For the class of 2013's prom Norman's dress shop sold cheaper dresses for $90 each and more expensive dresses for $140 each. The
Tema [17]

Answer:

Number of cheaper dresses sold  is 35

Number of expensive  dresses sold  is 15

Step-by-step explanation:

Given:

Cost of cheaper dresses = $90

Cost of  expensive dresses = $140

Total cost of  the dresses = $5250

To Find:

Number of cheaper dress = ?

Number of expensive  dress = ?

Solution:

Let

The number of  cheaper dresses be x

The number of  expensive dresses be y

(Number of cheaper dresses X cost of cheap dress) +  (Number of Expensive dresses X cost of  expensive dress)  =  $5250

x \times90 +y \times 140 = 5250=  $5250

It is given that the 20 more of the cheaper dresses than the expensive dresses is sold

So,

number of cheaper dress  =  20  +  number of expensive dress

x = 20 + y---------------------------------------(1)

(20+y) \times90 +y \times 140 = 5250 = 5250

(20 \times 90 +y\times 90) +y \times 140= 5250

1800 + 90y+ 140y = 5250

1800 + 230y = 5250

230y =5250 -1800

230y = 3450

y = \frac{3450}{230}

y = 15

Substituting y in (1)

x = 20 +15

x= 35

5 0
4 years ago
If 3x-8=-2 fins the value of x-6
adell [148]

Steps to solve:

3x - 8 = -2; x - 6

~Substitute

3(x - 6) = -2

~Distribute left side

3x - 18 = -2

~Add 18 to both sides

3x = 16

~Divide 3 to both sides

x = 16/3

Best of Luck!

7 0
3 years ago
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