Peyton received a graduation gift from his grandparents of $12,700. He

Mathematics

1 answer:

arlik [135]3 years ago

7 0

Answer:

Peyton's account will have $13,842.18 after a year.

Step-by-step explanation:

Given that Peyton received $ 12,700 and decided to invest it for a year in an account that grants an interest of 8.8% per year, compounded semiannually, to determine the amount of money that will be in said account after the passage of one year, it is necessary to perform the following calculation:

X = 12,700 (1 + 0.088 / 2) ^ 1x2

X = 13,842.18

Therefore, after a year has passed, Peyton's account will be $ 13,842.18.

You might be interested in

Determine whether the following function is a one-to-one function. If it is one-to-one, list the inverse function by switching

BartSMP [9]

Answer: An easy way to determine whether a function is a one-to-one function is to use the horizontal line test on the graph of the function. To do this, draw horizontal lines through the graph. If any horizontal line intersects the graph more than once, then the graph does not represent a one-to-one function.

i dont know the exact answer but its a lil sum

Step-by-step explanation:

We know that for any two inverses f(x) = g(y), meaning that if we take f(x) for any x in the domain of f(x), then g(y), where y is the outcome of f(x), should output x. So that is a simple test to see if two functions are inverses.

8 0

3 years ago

2+2+2+2+2+2+2+206+737472

taurus [48]

Answer:

737714