1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
skelet666 [1.2K]
3 years ago
11

If 6000 dollars is invested in a bank account at an interest rate of 9 per cent per

Mathematics
2 answers:
ivann1987 [24]3 years ago
7 0

Answer:

Step-by-step explanation:

1) 14204.182047553

2) 14611.13379

3) 14708.142468

4) 14757.6185

Volgvan3 years ago
5 0

Answer:

(1) $11955.38

(2) $12228.62

(3) $12293.527

(4) $12326.6

Step-by-step explanation:

Compound interest is given by

A= P( 1 + r/n)^n*t

A= Final amount

P = initial amount = 6000

r = interest rate  = 9% = 0.09

n = number of times interest applied per time period

t = number of time periods elapsed

(1) Compounded annually

    n = 1 , t = 8

    A = 6000( 1+ 0.09/1) ^1*8

     A = 6000( 1.09) ^8 = $11955.38

(2) compounded quarterly

    n = 4 , t = 8

A = 6000( 1+ 0.09/4) ^4*8

     = 6000( 1.0225)^32 = $12228.62

(3) compounded monthly

     n = 12 , t = 8

 A = 6000( 1+0.09/12)^12*8 = $12293.527

(4) compounded continuously

       A = P* e^rt

      r = 0.09 , t = 8

           =  6000* e^0.09*8

           = 6000* e^0.72 = $12326.6

You might be interested in
Point A has coordinates (-5, 3). If point (1,6) is
gtnhenbr [62]

Answer:

(3, 7)

Step-by-step explanation:

 (4/3)P -(4/3)A + A = B . . . . . . add A

 (4P -A)/3 = B . . . . . . . . . . . . . simplify

Then the coordinates of point B are ...

 B = (4(1, 6) -(-5, 3))/3 = (9, 21)/3

 B = (3, 7)

8 0
3 years ago
<img src="https://tex.z-dn.net/?f=%20%20%7Bx%7D%5E%20%7B2%7D%20%20-%2029%20%3D%2052" id="TexFormula1" title=" {x}^ {2} - 29 =
AleksAgata [21]
X is equal to 9 and -9
4 0
3 years ago
A car traveling at a rate of 54 miles per hour. What is the car's rate in feet per secondHow many fect will the car travel in 2
Lena [83]

The car's speed in feets per second is 79.2, Hence, it will cover a distance of 158.4 feets in 2 seconds.

Car's speed in miles per hour = 54 miles per hour

Recall :

  • 1 mile = 5280 feets
  • 1 hour = 3600 seconds

Car's rate in feet per second

  • 54 miles per hour = (54 × 5280 × 1/3600) feet per second = 79.2 feets per second.

  • Distance in 2 seconds :
  • Distance = speed × time
  • Distance = 79.2 × 2 = 158.4 feets

Therefore, the car will cover a distance of 158.4 feets in 2 seconds.

Learn more :brainly.com/question/23774048

7 0
3 years ago
An English teacher has 6 short stories, 4 novels, and 23 poems to choose from. How many ways can he assign one of each to his cl
Karolina [17]

Answer:

552

Step-by-step explanation:

This is a problem of permutation which can be solved by rule of fundamental counting principle.

This principle states that if there "m" ways of doing one thing and "n" ways of doing other. Then no. of ways in which both the things can be done together is "m*n". This can be extended for m, n, p,r, s things and so on.

example: if there are 5 shirts and 3 trousers then number of ways in which the shirts and trousers can be worn is 5*3 = 15 ways.

_____________________________________________

The given problem is on similar concepts.

here  6 short stories, 4 novels, and 23 poems have to be assigned to his class.

Thus it can be done in 6*4*23 = 552 ways.

5 0
3 years ago
(7^2)^6=7^2 X^6<br><br> Value of x
borishaifa [10]

X±49

   ___

Cubed square root of 7 or decimal form of ±25.615140

8 0
3 years ago
Other questions:
  • For less than twice a number K
    14·2 answers
  • Shana wants to make a birthday cake for her mother. her old fashioned recipe calls for 3/12 Of a teaspoon of salt but she only h
    8·2 answers
  • One leg of a right triangle is 4 cm the hypotenuse is 10 cm how long it the other leg
    14·2 answers
  • What is 3 to the power of three halves equal to?
    12·1 answer
  • Farmer Company purchased equipment on January 1, Year 1 for $82,000. The equipment is estimated to have a 5-year life and a salv
    9·1 answer
  • During the half time of a basketball game, a sling shot launches T-shirts at the crowd. The T-shirt is launched with an initial
    13·1 answer
  • Janet can shovel snow from her driveway in 65 minutes. Jim can do the same job
    13·1 answer
  • 3x2-5x3-x(2x2+4x) simplified
    10·1 answer
  • Write 4270000 in scientific notation​
    12·1 answer
  • 50 points :)<br> 100-70=?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!