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Alchen [17]
3 years ago
6

PLEASE HELP WILL MARK BRAINLIEST

Mathematics
1 answer:
fredd [130]3 years ago
3 0
Don’t listen to them. the answer is 4.
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$15,000 is invested for 15 years with an APR of 4.2% and monthly compounding.
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Answer:

51-54: Simple Interest. Calculate the amount of money you will have in the following accounts after 5 years, assuming that you eam simple interest 51. You deposit $ 700 in an account with an annual interest rate of 4% 52. You deposit $1200 in an account with an annual interest rate of 3% 53. You deposit $3200 in an account with an annual interest rate of 3.5% 54. You deposit $1800 in an account with an annual interest rate of 3.8% 55-56: Simple versus Compound Interest. Complete the following tables, which show the performance of two investments over a 5-year period. Round all figures to the nearest dollar. 55 Suzanne deposits $3000 in an account that earns simple interest at an annual rate of 2.5%. Derek deposits $3000 in an account that earns compound interest at an annual rate of 2.5%. Suzanne's Suzanne's Derek's Annual | Derek's Year Annual Interest Balance Interest Balance rest formula to the stated pe 57-62: Compound Interest. Use the compound interest form compute the balance in the following accounts after the state riod of time, assuming interest is compounded annually. 57. $10,000 is invested at an APR of 4% for 10 years. 58. $10,000 is invested at an APR of 2.5% for 20 years. 59. $15,000 is invested at an APR of 3.2% for 25 years. 60. $3000 is invested at an APR of 1.8% for 12 years. 61. 55000 is invested at an APR of 3.1% for 12 years. 62. $ 40,000 is invested at an APR of 2.8% for 30 years. 63-70: Compounding More Than Once a Year. Use the appropriate compound interest formula to compute the balance in the following accounts after the stated period of time. 63. $10,000 is invested for 10 years with an APR of 2% and quarterly compounding. 64. $2000 is invested for 5 years with an APR of 3% and daily compounding 65. $25,000 is invested for 5 years with an APR of 3% and daily compounding 66. $10,000 is invested for 5 years with an APR of 2.75% and monthly compounding. 67. $2000 is invested for 15 years with an APR of 5% and monthly compounding 68. $30,000 is invested for 15 years with an APR of 4.5% ana daily compounding. 69. $25,000 is invested for 30 years with an APR of 3.7% quarterly compounding. 70. $15,000 is invested for 15 years with an APR of 4.2% monthly compounding. 71-74. Annual.

Hope this helps

7 0
2 years ago
a solar lease customer built up an excess of 6,500 kilowatts hour (kwh) during the summer using his solar panels. when he turned
Jlenok [28]

Question:

A solar lease customer built up an excess of 6,500 kilowatts hour (kwh) during the summer using his solar panels. when he turned his electric heat on, the excess be used up at 50 kilowatts hours per day .

(a) If E represents the excess left and d represent the number of days. Write an equation for E in terms of d

(b) How much of excess will be left after one month (1 month = 30 days)

Answer:

a. E = 6500 - 50d

b. E = 5000

Step-by-step explanation:

Given

Excess = 6500kwh

Rate = 50kwh/day

Solving (a): E in terms of d

The Excess left (E) in d days is calculated using:

E = Excess - Rate * days

The expression uses minus because there's a reduction in the excess kwh on a daily basis.

Substitute values for Excess, Rate and days

E = 6500 - 50 * d

E = 6500 - 50d

Solving (b); The value of E when d = 30.

Substitute 30 for d in E = 6500 - 50d

E = 6500 - 50 * 30

E = 6500 - 1500

E = 5000

<em>Hence, there are 5000kwh left after 30 days</em>

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