Answer:
In 5 years the account will be $ 21,549.68.
Step-by-step explanation:
Given that Meg invested $ 16,000 in a savings account, if the annual interest rate is 6%, to determine how much will be in the account in 5 years for quarterly compounding, the following calculation must be performed:
16,000 x (1 + 0.06 / 4) ^ 5x4 = X
16,000 x 1,015 ^ 20 = X
16,000 x 1.34685500 = X
21,549.68 = X
Therefore, in 5 years the account will be $ 21,549.68.
Yes it is a good line of best fit
Answer:
The sale price of the item is $
255
Step-by-step explanation:
To determine the amount of discount (
d
) offered by the store, we calculate
15
% of the sale price. Thus:
d = 300 × 15
÷ 100
d = 3
00 × 15 ÷ 1
00 (take the 2 zeros out on both the hundred and 3 hundred)
d = 3 × 15
d = 45
If the amount of discount is known, the sale price (
s
) of the item will be the regular price minus the discount. Hence:
s = 300 − 45
s = 255
Hope this helps you! If not sorry!
<span>Compound Interest is calculated on the initial payment and also on the interest of previous periods.
So after 1 year w/ 5% interest, $10 -> $10*1.05 = $10.5
after 2 year, the total becomes $10.5*1.05 = $11.025
formula to calculate is 10*(1.05)^50 = $114.67
ans is A</span>
Answer:
The dimensions of the rectangular volleyball court are 60 ft x 30 ft
Step-by-step explanation:
Let
x ----> the length of rectangular volleyball court
y ---> the width of the rectangular volleyball court
we know that
The area of the rectangular volleyball court is equal to
so
----> equation A
-----> equation B
substitute equation B in equation A
Solve for y
Simplify
take square root both sides
<em>Find the value of x</em>
substitute the value of y
therefore
The dimensions of the rectangular volleyball court are 60 ft x 30 ft
