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Minchanka [31]
2 years ago
6

Connor invested $8,000 in an account paying an interest rate of 82% compounded

Mathematics
1 answer:
fredd [130]2 years ago
4 0

Answer:

Connor would have $83.37 more than Henry.

Step-by-step explanation:

Connor:

Initial investment= $8,000

Interest rate= 8.2% = 0.082/12= 0.00683

Number of periods= 12*5= 60 months

Henry:

Initial investment= $8,000

Interest rate= 8% = 0.08/365= 0.00022

Number of periods= 365*5= 1,825 days

<u>To calculate the future value, we need to use the following formula on each investment:</u>

FV= PV*(1+i)^n

Connor:

FV= 8,000*(1.00683^60)

FV= $12,035.35

Henry:

FV= 8,000*(1.00022^1,825)

FV= $11,951.98

Difference= 12,035.35 - 11,951.98= $83.37

Connor would have $83.37 more than Henry.

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Amelia stores her gardening supplies in two cube shaped boxes. The smaller box has a volume of 100 inches to the third power. Am
Solnce55 [7]

Answer:

1000000 for the smaller box.

I need more info for the second box

Step-by-step explanation:

6 0
2 years ago
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Which of the following plans include a savings plan as a part of the insurance? Whole Life Universal Life Variable Universal Lif
worty [1.4K]

Answer:

Which of the following plans include a savings plan as a part of the insurance?

Whole Life

Universal Life

<u>Variable Universal Life</u>

All of the above

Step-by-step explanation:

6 0
3 years ago
What is the equation in standard form of the line Y equals 1 / 9 x + 5
Juli2301 [7.4K]

Answer:

1/9x - y = -5

General Formulas and Concepts:

<u>Pre-Algebra</u>

  • Equality Properties

<u>Algebra I</u>

Standard Form: Ax + By = C

Slope-Intercept Form: y = mx + b

  • m - slope
  • b - y-intercept

Step-by-step explanation:

<u>Step 1: Define equation</u>

Slope-Intercept Form:   y = 1/9x + 5

<u>Step 2: Find Standard Form</u>

  1. Subtract 1/9x on both sides:                    -1/9x + y = 5
  2. Multiply -1 on both sides:                         1/9x - y = -5
4 0
2 years ago
I’ve done this 3 different way and I’m still getting it wrong someone help I feel dumb
Olegator [25]
<h3>Answer: 13,011.11 dollars</h3>

note: remember to take the comma out or ignore it. I put it in there to help make the number more readable

===========================================

Explanation:

Let x be the value of the sale in dollars.

x-1900 represents the leftover amount that is over 1900

eg: if x = 2200, then x-1900 = 2200-1900 = 300 is the the leftover amount

taking 9% of (x-1900) leads to the expression 0.09(x-1900) and this expression must be 1000 since this is the extra amount of money the salesman needs (he already has $1000 in base pay)

-------------

Solve for x

0.09(x-1900) = 1000

x-1900 = 1000/0.09

x-1900 = 11,111.11111 approximately

x = 11,111.11111 + 1900

x = 13011.1111

x = 13,011.11 rounding to the nearest cent

4 0
3 years ago
Which set of numbers CANNOT represent the lengths of the sides of a triangle?
posledela

Answer:

C

Step-by-step explanation:

The general rule is that any 2 must exceed the third in order for a triangle to form. If any one is an exception, it won't work.

A will form a triangle. Any 2 exceeds the third.

B also forms a triangle. Same rule.

C  does not work. 7 + 11 = 18 which is the value of the third leg.

D words Any two exceeds the 3rd.

4 0
3 years ago
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