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Mamont248 [21]
3 years ago
6

15 and up my remind code is 4k6bg89 if you wanna hangout I live in Atlanta Georgia

Mathematics
2 answers:
mojhsa [17]3 years ago
5 0

Answer:

oof that sucks i live in cali

Step-by-step explanation:

Nata [24]3 years ago
3 0

Answer:

that's a bit too far away haha

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Please Answer ASAP
Yuki888 [10]

Michelle's  balance after 8 years is $10,790.48.

Kristen's balance after 8 years is $3,770.55.

Gabriella's balance after 8 years is $24,780.42.

Judy's balance after 8 years is $3618.62.

The person with the most money at the end of the 8 years is Gabriella. If I were to choose one of the options, I would choose Gabriella's option

<h3>What is Michelle's balance after 8 years?</h3>

The formula that can be used to determine the future value of an amount with compounding is:

FV = P (1 + r)^nm

Where:

  • FV = Future value
  • P = Present value
  • R = interest rate / number of compounding
  • m = number of compounding
  • N = number of years

Future value with monthly compounding = $2000 x ( 1 + 0.035/12)^(12 x 8) = $2645.18

Future value with continuous compounding =  : A x e^r x N

  • A= amount
  • e = 2.7182818
  • N = number of years
  • r = interest rate

1000 x e^0.018 x 8 = $8,145.30

Total = $8,145.30 + $2645.18 = $10,790.48

<h3>What is Kristen's balance after 8 years?</h3>

Future value with quarterly compounding = 2500 x (1 + 0.012 / 4)^(4 x 8) = $2,751.50

Future value with quarterly compounding = 500 (1 .0225)^(8x4) = $1019.05

Total = $3,770.55

<h3>What is Gabriella's balance after 8 years?</h3>

$3000 x e^0.032 x 8 = $24,780.42

<h3>What is Judy's balance after 8 years?</h3>

Future value with exponential increase = 1050 x (1.015)^8 = $1,182.82

Future value with biannual compounding = 1950 x (1 + 0.028/2)^(8 x 2) = $2435.80

Total = $3618.62

To learn more about future value, please check: brainly.com/question/18760477

5 0
3 years ago
Is the question statistical? What was the temperature at noon today in Raleigh, North Carolina?
Katyanochek1 [597]
Yes, this question is statistical because the temperature in North Carolina is a number based of temp which makes it a statistical number.
7 0
3 years ago
How do I do 6765 divided by 55 in long division
3241004551 [841]
You need to ask your teacher for any help and to evaluate and double check each step.
8 0
4 years ago
Read 2 more answers
Christiana works at Texas Road House and makes $50 each night in tips plus $7.50 per hour. Write a function rule in function not
WITCHER [35]

Answer:

M(h) = 7.50h + 50

Step-by-step explanation:

Let's first get our variables straight. M is how much money you make each night, and h is the amount of hours she works.

This means that M will be what our function is equal to, aka the y-axis. h will be the x-axis.

We know that you earn a  rate of $50 per night through tax, and your hours worked doesn't influence this in any way. That means there will be a constant on this function, +50.

We also know that you earn 7.50$ per hour, which is directly influenced by how many hours you work, so we will have 7.50h.

Combining this all together, we get

M(h) = 7.50h + 50.

Hope this helped!

6 0
4 years ago
HELPPPPPPP PLEASE I WILL DO ANYTHING JUST ANYTHING
evablogger [386]

Answer:

all work is shown and pictured

6 0
4 years ago
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