All categories

3 years ago

Nathan invested $80,000 in an account paying an interest rate of 6% compounded

Mathematics

1 answer:

bija089 [108]3 years ago

8 0

Answer:

Number of year = 13 year and 6 month approx.

Step-by-step explanation:

Given:

Amount invested = $80,000

Rate of interest = 6% compounded continuously

Future value of investment = $175,600

Find:

Number of year

Computation:

Future value of investment = Amount invested[1 + Rate of interest]ⁿ

175,600 = 80,000[1+6%]ⁿ

175,600 = 80,000[1+0.06]ⁿ

175,600 = 80,000[1.06]ⁿ

Number of year = 13.492 year

Number of year = 13 year and 6 month approx.

You might be interested in

the volume V of a gas at a constant temperature varies inversely with the pressure P. when the volume is 100 cubic inches the pr

fiasKO [112]

Answer:

The pressure is $20\ psi$

Step-by-step explanation:

we know that

A relationship between two variables, x, and y, represent an inverse variation if it can be expressed in the form $y*x=k$ or $y=k/x$

In this problem we have

$V*P=k$

where

V is the volume of a gas at a constant temperature

P is the pressure

we have

For $V=100\ in^{3}$ , $P=25\ psi$

step 1

Find the value of k

substitute the values of V and P

$100*25=k$

$k=2,500$

The equation is equal to $V*P=2,500$

step 2

Find the pressure when the volume is 125 cubic inches

For $V=125\ in^{3}$

substitute in the equation and solve for P

$125*P=2,500$

$P=2,500/125=20\ psi$

8 0

3 years ago

Which of the following data sets contain an outlier?

AURORKA [14]

Answer:

Step-by-step explanation:

7 0

3 years ago

Which of the

Viefleur [7K]

Answer:

ASA

Step-by-step explanation:

I think is Asa because it means when any two angles and their included sides are equal in both triangles.

7 0

2 years ago

What is the measure of [theta]?

Brums [2.3K]

The answer is D
$= \frac{12}{4}$
$= 3 \: radians$

4 0

4 years ago

How do I graph this someone plz tell me.

hodyreva [135]

Easy. your starting point is going to be at -2 on the y-axis. then from that point (-2) you're going to go down 1 and then over 2. then draw a straight line through those two points. The line should be a negative line.

7 0

3 years ago