Ask question

Ask question

All categories

2 years ago

10

Claire is going to invest in an account paying an interest rate of 5.4% compounded daily. How much would Claire need to invest,

to the nearest hundred dollars, for the value of the account to reach $260 in 14 years?

1 answer:

Delicious77 [7]2 years ago

4 0

Answer:

P ≈ 100

Step-by-step explanation:

260 = P(1+0.054/365)^365(14)

260 = P(1.000147945)^5110

260= P(2.129621112)

P= 122.087444818

P ≈ 100

You might be interested in

Complete the explanation on the 2 errors Margaret made, and then give the correct answer.

klemol [59]

Answer:

For the first page 2nd line they did 88846 squared instead of cubed.

The correct answer is 935,087,000,000,000.

Step-by-step explanation:

8 0

2 years ago

If p = 2 and q = 8, the value of p3 + V64 q ls____

gavmur [86]

Answer:

518

Step-by-step explanation:

P = 2

Q = 8

p3 + 64q

Multiply "p" (which is 2) with 3

Multiply "q" (which is 8) with 8

Add the two numbers you get

And you have you answer

I hope this helps. :)

4 0

3 years ago

Read 2 more answers

1. −5tan 2 θ+3=8tanθ+6<br> 2. 2cosθ-3=5cosθ-5

pychu [463]

Answer

(tan x + 3)=5

Step-by-step explanation:

3 0

3 years ago

Please help me solve my little sister’s math

RUDIKE [14]

Answer:Can you show the answers?

Step-by-step explanation: I can solve it

4 0

2 years ago

Read 2 more answers

1in e=<br> In e^2x =<br> In 1 =

Step2247 [10]

Answer:

Transforms

Step-by-step explanation:

transforms

5 0

2 years ago