1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
const2013 [10]
4 years ago
7

Levi invested $5,300 in an account paying an interest rate of 2.4% compounded daily. Assuming no deposits or withdrawals are mad

e, how much money, to the nearest cent, would be in the account after 6 years?
Mathematics
1 answer:
suter [353]4 years ago
5 0

Answer: $6,120.86

Step-by-step explanation:

Formula to calculate the accumulated amount in n years (compounded daily)  is given by :-

A=P(1+\dfrac{r}{365})^{365\times n}

P= Initial amount

r= Rate of interest ( in decimal)

As per given , we ahve

P= $5300

r= 2.4%=0.024

n= 6 years

Put these values in formula , we get

A=5300(1+\dfrac{0.024}{365})^{365\times6}\\\Rightarrow\ A=5300(1.00006575342)^{2190}\\\Rightarrow\ A=6120.85673631\approx6120.86

Hence, there would be $6,120.86 in the account after 6 years.

You might be interested in
Simplify Rewrite the expression in the form x ^ n X^ 2 * x ^ - 12 =
Natalija [7]

Step-by-step explanation:

Given

=  {x}^{2} \times  {x}^{ - 12 } \\  =  {x}^{2 - 12}    \\  =  {x}^{ - 10}

Hope it will help :)

8 0
3 years ago
Read 2 more answers
Please Help!!! Brainliest will be given!
inn [45]

Answer:

1. C. Yes, because a sum of cubes can be factored

2a. false

2b. false

2c. true

2d. false (based on what is written in the equation; refer to step-by-step)

Step-by-step explanation:

1.  Both 3 and 8 can be cubed, which is why x^3+8 can be factored (x+2)(x^2-2x+4)

2a. a^2-b^2 can be factored by the perfect square rule, so it should be (a-b)^2

2b. both terms are perfect squares, so you can factor, making it (a+b)(a-b)

2c. You can factor using the perfect square rule, making it (a+b)^2

2d. Most of what is in the equation is true, yet the correct solution would be (a-b)(a^2+ab+b^2)

3 0
3 years ago
What is the solution to the inequality below?
Svetlanka [38]

Answer:

B. x < -8 or x > 8

Step-by-step explanation:

You can use process of elimination to solve this problem by going through every solution and testing them out, but let's jump right to B.

Process:

You know that since the inequality states that x^2 has to be greater than 64, x  has to be more than 8, or less than -8.

This is because 8^2 = 64, and -8^2 = 64, and the inequality requires the answer to be more than 64.

Looking at B., you can see that if x is < -8, the square of, for example, -9, would be 81. This is greater than 64, so this works!

Now, B. also has an alternative. The 'or' is a major clue to which is the correct answer, since the square root of any number can be positive or negative. (-8^2 = 8^2)

The 'or' states that x must be greater than 8. So, for example, if we take the square of 10, we get 100, and that is also greater than 64.

We've proven that this solution is accurate for both parts, so it is definitely the one we want!

Hope this helps!

4 0
3 years ago
The book rack sold 24 paperbacks on Saturday, 17 of them mysteries. What percent of the books were mysteries?
igomit [66]

Answer:

About 71% of the books were mystery books

Step-by-step explanation:

To find the percentage of something you simply divide the amounts. 17 of the 24 books were mystery so to find the percentage of mystery books you do 17 divided by 24

17/24= 0.70833333333

and round it to 71

8 0
3 years ago
5x-20x+30x. plz help​
Varvara68 [4.7K]
It is going to be 15x if you are trying to simplify it
7 0
3 years ago
Read 2 more answers
Other questions:
  • What is the hightest number that 9 and 27 both be divided into?
    12·2 answers
  • What divides a line segment into two congruent segments?
    15·1 answer
  • 101/25 converted to a mixed number
    13·1 answer
  • The profit earned by a hot dog stand is a linear function of the number of hot dogs sold. It costs the owner $48 dollars each mo
    15·1 answer
  • If the circumference of a basketball is 29.5 inches, how many centimeters is the circumferenceof a basketball? Round your answer
    12·2 answers
  • If c and k are the roots of 6-x-x^2=0 find c + k. pls solve like a quadratic equation​
    6·2 answers
  • 5 of 10<br> What is the decimal multiplier to increase by 2.8%
    10·1 answer
  • Simply the expression by combining like terms.<br> 9x + 8 + 3x +4=
    15·2 answers
  • (a+b)^2 bằng bao nhiêu
    10·1 answer
  • Which polynomial lists the powers in descending order?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!