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SIZIF [17.4K]
3 years ago
14

Dominic invested $8,600 in an account paying an interest rate of 2.2% compounded daily. Assuming no deposits or withdrawals are

made, how long would it take, to the nearest year, for the value of the account to reach $9,600?​
Mathematics
2 answers:
hjlf3 years ago
7 0

Answer: 5

Step-by-step explanation:

VARVARA [1.3K]3 years ago
5 0

Answer:

Step-by-step explanation:

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Tyler's mom purchased a savings bond for Tyler. The value of the savings bond increases by 4% each year. One year after it was p
Gemiola [76]

Answer:

The value of the bond when Tyler's mom purchased it was $150

Step-by-step explanation:

we know that

In this problem we have a exponential function of the form

f(x)=a(b)^{x}

where

a is the initial value (y-intercept)

b is the base

r is the rate

b=(1+r)

In this problem

r=4%=4/100=0.04

b=1+0.04=1.04

substitute

f(x)=a(1.04)^{x}

where

x is the number of years since the savings bond was purchased

f(x) is the value of the savings bond

For x=1

f(x)=$156

substitute

156=a(1.04)^{1}

Solve for a

156=a(1.04)

a=\$150

therefore

The value of the bond when Tyler's mom purchased it was $150

8 0
4 years ago
Chloe has 20 unit cubes. how many different rectangular prisms can she build with the cubes?
lakkis [162]
The correct answer is 4
8 0
4 years ago
Read 2 more answers
What single percentage change is equivalent to a 7% decrease followed by a 22% decrease?
quester [9]

Answer:

<em>The single percentage change is 27.46%</em>

Step-by-step explanation:

<u>Percentage</u>

Suppose x is the initial number. It will be decreased by 7%.

(7/100)x=0.07x

x - 0.07x = 0.93x

This last number will be decreased by 22%.

0.93x*(22/100)=0.2046x

0.93x-0.2046x=0.7254x

The last number is 72.54% of the initial number. This is equivalent to a single decrease of:

100% - 72.54% = 27.46%

The single percentage change is 27.46%

5 0
3 years ago
Hey guys how do u do 10+10? i forgot :(
Usimov [2.4K]
It’s 20
it’s ok we all forget lol
4 0
4 years ago
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Having problems with this, please help.<br>And don’t know where to start.
rodikova [14]

Answer:

Use the pythagorean theorem to solve the equations. If you aren't solving for c, manipulate the equation to solve for whichever side you are solving for.

4 0
3 years ago
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