The amount for the investment of $6000 will be a.$6369 b. $6090 and c.$6030.
<h3>What is compound interest?</h3>
Compound interest is the interest levied on the interest. The formula for the calculation of compound interest is given as:-
![A=P[1+\dfrac{r}{n}]^{nt}](https://tex.z-dn.net/?f=A%3DP%5B1%2B%5Cdfrac%7Br%7D%7Bn%7D%5D%5E%7Bnt%7D)
a) The amount in the bank after 6 years if interest is compounded annually.
![A=P[1+\dfrac{r}{1}]^{t}\\\\\\A=6000[1+\dfrac{0.01}{1}]^{ 6}](https://tex.z-dn.net/?f=A%3DP%5B1%2B%5Cdfrac%7Br%7D%7B1%7D%5D%5E%7Bt%7D%5C%5C%5C%5C%5C%5CA%3D6000%5B1%2B%5Cdfrac%7B0.01%7D%7B1%7D%5D%5E%7B%20%206%7D)
A= $6369
b) The amount in the bank after 6 years if interest is compounded quarterly.
![A=P[1+\dfrac{r}{4}]^{4t}\\\\\\A=6000[1+\dfrac{0.01}{4}]^{4\times 6}](https://tex.z-dn.net/?f=A%3DP%5B1%2B%5Cdfrac%7Br%7D%7B4%7D%5D%5E%7B4t%7D%5C%5C%5C%5C%5C%5CA%3D6000%5B1%2B%5Cdfrac%7B0.01%7D%7B4%7D%5D%5E%7B4%5Ctimes%206%7D)
A= $6090
c ) The amount in the bank after 6 years if interest is compounded monthly.
![A=P[1+\dfrac{r}{12}]^{4t}\\\\\\A=6000[1+\dfrac{0.01}{12}]^{12\times 6}](https://tex.z-dn.net/?f=A%3DP%5B1%2B%5Cdfrac%7Br%7D%7B12%7D%5D%5E%7B4t%7D%5C%5C%5C%5C%5C%5CA%3D6000%5B1%2B%5Cdfrac%7B0.01%7D%7B12%7D%5D%5E%7B12%5Ctimes%206%7D)
A=$6030
Hence the amount for the investment of $6000 will be a.$6369 b. $6090 and c.$6030.
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Answer:
0.6 cups of sugar and 1.25 cups of chocolate chips
Step-by-step explanation:
We can begin to solve this problem with a simple proportion:
=
= 
(x = the new # of sugar y = new # of chocolate chips)
In order to keep everything proportional, we must abide by the scale factor shown with the the flour.
Basically, if we're going to use three times the amount of flour we actually need, then we need to triple all our other ingredients.
We can see that the scale factor is one half, so
x = 1.2 * 0.5
and
y = 2.5 * 0.5
This means that:
x = 0.6
y = 1.25
This means that he has to use 0.6 (or 3/5) cups of sugar and 1.25 (or 9/8) cups of chocolate chips.
Answer:
58.1 degrees
Step-by-step explanation:
Given the following
JK = 9.4miles (towards south) negative y axis
If the move 15.1 miles towards east (that will be towards the positive x axis)
Using the SOH CAH TOA identity
opposite= 15.1 miles(side facing m<J)
adjacent= JK = 9.4miles
tan theta = opposite/adjacent
tan m<J = 15.1/9.4
tan m<J = 1.6063
m<J = arctan (1.6063)
m<J = 58.09 degrees
Hence the measure of m<J to the nearest tenth is 58.1 degrees
Answer: 8 centimeters
Step-by-step explanation: To find the radius of the circle, remember that the formula for the area of a circle is πr² and since we're given that the area of our circle is 64π, we can set up the equation 64π = πr².
To solve for <em>r</em>, we first divide both sides of the equation by π.
On the left side, the π's cancel and we're left with 64 and on the right side, the π's cancel and we're left with r².
So we have 64 = r².
Next, we take the square root of both sides to get 8 = r.
So the radius of our circle is 8 centimeters.
Let x be the old price
X= 1200$
The price decreased 20% after 1 year to become price y :
Y= 0.8x
= 0.8 (1200)
= 960$
In the year after y also decreased 20% to be price y’:
Y’= 0.8y
= 0.8 (960)
= 768 $
The price y’ then decreased 20% to become price y’’:
Y’’ = 0.8 y’
= 0.8 (768)
= 614.4 $
Then the price will be 614.4 $ after 3 years