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]
3 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]3 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
Find integer solutions for the equation 620 p+140w= 20 .
Nutka1998 [239]
Im not sure, maybe determined answer B
6 0
2 years ago
WILL GIVE BRAINLIEST!
il63 [147K]

Answer:

15, 17, 19

Step-by-step explanation:

let the first odd number be n then the next 2 are n + 2 and n + 4 , then

n + n + 2 + n + 4 = 51

3n + 6 = 51 ( subtract 6 from both sides )

3n = 45 ( divide both sides by 3 )

n = 15

Then

n + 2 = 17 and n + 4 = 19

The 3 consecutive odd numbers are 15, 17, 19

8 0
2 years ago
Find the distance between (-4,3,-6) and the origin ((X,Y,Z) Graph)
devlian [24]

The distance between  (-4,3,-6) and the origin is \sqrt{61

<h3>How to determine the distance?</h3>

The point is given as:

(x, y, z) = (-4,3,-6)

The origin is

(x, y, z) = (0,0,0)

The distance between the point and the origin is calculated as:

d = \sqrt{x^2 + y^2 + z^2

So, we have:

d = \sqrt{(-4)^2 + (3)^2 + (-6)^2

Evaluate

d = \sqrt{61

Hence, the distance between  (-4,3,-6) and the origin is \sqrt{61

Read more about distance at:

brainly.com/question/7243416

#SPJ1

4 0
1 year ago
Find the value of 2^-3*3^-2
Sergeeva-Olga [200]

2^{-3}\cdot 3^{-2}

2^-3=\frac{1}{2^3}

3^-2=\frac{1}{3^2}

\frac{1}{2^3}*\frac{1}{3^2}

\frac{1*1}{2^3*3^2}

2^3*3^2=72

=\frac{1}{72}

Hope this helps!

Thanks!

-Charlie


6 0
3 years ago
What is the minimum force required to prevent a ball weighing 22.6 lb from rolling down a ramp which is inclined at 39.0 degrees
Alona [7]
The correct answer is 14.2 lb which is choice D.

Let:

F = minimum force required to prevent ball from rolling down the ramp

The formula will be:

F = w * sin theta

F = w * sin (39 degrees)

F = 22.6 * sin (39) 
= 14.2 lb (this is rounded to the nearest tenth)
7 0
3 years ago
Other questions:
  • Plz help 8th keystone
    15·2 answers
  • Which quadratic function best fits this data?
    7·1 answer
  • Patty lives on a chicken farm and can collect 80 eggs in 2 hours. At that rate how long will it take her to collect 360 eggs?
    8·2 answers
  • 1/2(2x +4)+x what is the expression
    12·1 answer
  • A starting principal of $3,000 is invested at 7% compounded annually for 6 years. The compound amount (or future value) is: $___
    8·1 answer
  • The sum of two numbers is 18
    9·1 answer
  • The school held a bake sale as a fundraiser. The bake sale only accepted quarters, loonies, and toonies.
    7·1 answer
  • Write the function for the graph.
    8·1 answer
  • W<br> What is the value of a?<br> 4<br> 5 units<br> C<br> Os units<br> O 6 units<br> O 7 units
    11·1 answer
  • Express sin A as a ratio of the lengths of the sides
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!