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spayn [35]
3 years ago
11

Alex borrows $2500 from a bank that has a rate of 5.5% with continuous compounding. How much does he owe after 2 years? Round to

the nearest hundredths.
Mathematics
1 answer:
Vesnalui [34]3 years ago
3 0

Answer:

$5282.70

Step-by-step explanation:

the formula for calculating future value when there is continuous compounding is : A x e^r x N

A= amount e = 2.7182818

N = number of years

r = interest rate

2500x e^0.055 x 2 = 5282.70

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A jar contains n nickels and d dimes. There is a total of 253 coins in the jar. The value of the coins is $15.95. How many nicke
defon

There are 187 nickels and 66 dimes in the jar.

Step-by-step explanation:

Given,

Total coins = 253

Value of coins = $15.95 = 15.95*100 = 1595 cents

Value of each nickel = 5 cents

Value of each dime = 10 cents

According to given statement;

x+y=253     Eqn 1

5x+10y=1595     Eqn 2

Multiplying Eqn 1 by 5

5(x+y=253)\\5x+5y=1265\ \ \ Eqn\ 3

Subtracting Eqn 3 from Eqn 2

(5x+10y)-(5x+5y)=1595-1265\\5x+10y-5x-5y=330\\5y=330

Dividing both sides by 5

\frac{5y}{5}=\frac{330}{5}\\y=66

Putting y=66 in Eqn 1

x+66=253\\x=253-66\\x=187

There are 187 nickels and 66 dimes in the jar.

Keywords: linear equation, elimination method

Learn more about elimination method at:

  • brainly.com/question/12905000
  • brainly.com/question/12918501

#LearnwithBrainly

5 0
4 years ago
For what value of H is 24= h/10-6​
maw [93]

H should equal 96

because 10 - 6 equals 4

96 divided by 4 equals 24

6 0
3 years ago
Add 7/10 + 1/6 enter your answer below as a fraction in lowest terms, using the slash(/) as the fraction bar
san4es73 [151]

Answer:

13/15

Step-by-step explanation:

pls mark me brainliest

4 0
3 years ago
workers on the simile line produce 4 x + 6 bolts each day which expression shows how many books they produced in 12 days
kakasveta [241]
4x+6 is produced each day.
So in 12 days the expression is 12(4x+6)
Solve and you get 48x+72.
7 0
3 years ago
Does anyone u derived this
solong [7]

Answer:

  B

Step-by-step explanation:

The question asks why you can use the argument that two angles are congruent. Hence, you want to have a statement that involves two angles in the two triangles. Only statement B is such a statement.

_____

Multiple choice questions often answer themselves, if you understand what you're reading.

4 0
3 years ago
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