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Mashutka [201]
3 years ago
8

PLEASE HELP!!! An investment earns 3% a year compounded monthly. Find the value of an initial investment of $5,000 after 6 years

.
Mathematics
1 answer:
Setler79 [48]3 years ago
6 0

Answer:

A = $5,984.74

A = P + I where

P (principal) = $5,000.00

I (interest) = $984.74

Step-by-step explanation:

First, convert R as a percent to r as a decimal

r = R/100

r = 3/100

r = 0.03 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 5,000.00(1 + 0.03/12)(12)(6)

A = 5,000.00(1 + 0.0025)(72)

A = $5,984.74

Summary:

The total amount accrued, principal plus interest, with compound interest on a principal of $5,000.00 at a rate of 3% per year compounded 12 times per year over 6 years is $5,984.74.

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OverLord2011 [107]

Answer:

4a - 3 = 9 + a \\ 4a  - a = 9 + 3 \\ 3a = 12 \\ a  = \frac{ 12}{3}  \\ a = 4

I hope this help

7 0
3 years ago
Can anyone help me figure out how to do this
3241004551 [841]

Answer:

133m^2

Step-by-step explanation:

What if i say NO?

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108+14=122

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8 0
2 years ago
Select all the expressions that are equivalent to −5/6 / -1/3
Sindrei [870]

Step-by-step explanation:

We need to find an expression for \dfrac{\dfrac{-5}{6}}{\dfrac{-1}{3}}.

We can solve it as follows.

We know that,

\dfrac{\dfrac{a}{b}}{\dfrac{c}{d}}=\dfrac{a}{b}\times \dfrac{d}{c}

So,

\dfrac{\dfrac{-5}{6}}{\dfrac{-1}{3}}=\dfrac{-5}{6}\times -3\\\\=\dfrac{5}{2}

or

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Hence, this is the required solution.

3 0
2 years ago
The figure shows the letter W and four of its transformed images—A, B, C, and D:
Neko [114]
The answer is c because it reflect a reflection over the x axis making it look like a M
4 0
3 years ago
Plz help me-7.1(z-1.1)
Elena-2011 [213]

Answer:

<h2>-7.1z +7.81</h2>

Step by step explanation:

- 7.1(z - 1.1)

Multiply each term in paranthesis by -7.1

- 7.1 \times z - 7.1 \times ( - 1.1)

Multiply:

-7.1z + 7.81

Hope this helps...

Good luck on your assignment..

6 0
3 years ago
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