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Cuanto 5 entre 6'658

Mathematics

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Citrus2011 [14]3 years ago

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Es 1,331.6
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Suppose that $3000 is placed in an account that pays 16% interest compounded each year. Assume that no withdrawals are made from

Papessa [141]

Answer:

a) $3480

b) $4036.8

Step-by-step explanation:

The compound interest formula is given by:

$A(t) = P(1 + \frac{r}{n})^{nt}$

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.

Suppose that $3000 is placed in an account that pays 16% interest compounded each year.

This means, respectively, that $P = 3000, r = 0.16, n = 1$

$A(t) = P(1 + \frac{r}{n})^{nt}$

$A(t) = 3000(1 + \frac{0.16}{1})^{t}$

$A(t) = 3000(1.16)^{t}$

(a) Find the amount in the account at the end of 1 year.

This is A(1).

$A(t) = 3000(1.16)^{t}$

$A(1) = 3000(1.16)^{1} = 3480$

(b) Find the amount in the account at the end of 2 years.

This is A(2).

$A(2) = 3000(1.16)^{2} = 4036.8$

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The fourth grade student at Riverside school are going on a field trip . There are 68 student on each of the four buses. How man

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Eight less than 1/3 a number n is -13

Goryan [66]

1/3n - 8 = -13 <== ur equation
1/3n = -13 + 8
1/3n = - 5
n = -5 * 3
n = -15

check..
1/3(-15) - 8 = -13
-5 - 8 = -13
-13 = -13 (correct)

so the number (n) = -15

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18) You have 90 minutes to complete at least 18 chemistry and math problems. It takes 5 minutes to complete a chemistry problem

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in the balcony of a theatre there are 420 seats. the number of seats in each row is 14 more than the number of rows. find the nu

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420 divided by 14 = 30

There are 30 rows

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