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Zinaida [17]
3 years ago
14

Logan is going to invest in an account paying an interest rate of 3.1% compounded continuously. How much would Logan need to inv

est, to the nearest ten dollars, for the value of the account to reach $990 in 6 years?
Mathematics
2 answers:
skad [1K]3 years ago
5 0

Answer:

yessir

Step-by-step explanation:

Aleonysh [2.5K]3 years ago
5 0

Answer: Rounded to the nearest $10 he would have to invest $830

Step-by-step explanation: While I am not completely familiar with this sort of math I am still relatively confident that I got the correct answer. Using the formula A = Pe^rt. First we can convert the percentage to a decimal so it can be used efficiently in the formula. So r = 3.1/100 which in turn equals 0.031 which is our decimal. Now we can simply input our information into the formula for our answer so follow along

A = 830 * e ^(0.031 * 6)

A = 830(2.718281828459045)^(0.186)

A = 999.67

And of course this is not exactly $990 because the question stated to round the original investment amount to the nearest 10 dollar. This should be your answer and if you have any other questions about this please do not hesitate to reach out :)

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Hi i need help please:))​
marin [14]

Answer:

i got 96

Step-by-step explanation:

you have to find the unit rate for 1 driveway and times that by 12

32 divided by 4 is 8

8 x 12 is 96

hope this helps :)

4 0
3 years ago
Please can u help simplify
Triss [41]

Answer:

frac{21x^6y^5}{14x^2y^9}

Factor the number =\frac{7\cdot \:3x^6y^5}{14x^2y^9}

Factor the number 14=7. 2 =\frac{7\cdot \:3x^6y^5}{7\cdot \:2x^2y^9}

Cancel\:the\:common\:factor:}\:7 =\frac{3x^6y^5}{2x^2y^9}

Step-by-step explanation:

4 0
3 years ago
The lenght of the square-shaped field edge is 240 meters. Calculatr the field area in hectares​
Katena32 [7]

Answer:

5.76 hectares

Step-by-step explanation:

Area = 240 meters × 240 meters

Area = 57600 meter square

Convert to hectares by dividing 10.000

Area = 5.76 hectares

I hope this helps you :)

6 0
3 years ago
You are about to take the road test for your​ driver's license. You hear that only 38​% of candidates pass the test the first​ t
OLga [1]

Answer:

Answers may vary but will most likely be close to 2.

Step-by-step explanation

  1.        Given:

                 first test:38%

                 second test:76%

    SIMULATION FIRST TEST

Randomly select a 2-digit number.

If the digit is between 00 and 35 then you passed the test,else you did not pass the test.

SIMULATION SECOND TEST

Randomly select a 2-digit number.

if the digit is between 00 and 75 then you passed the test,else you did not pass the test.

SIMULATION TRIAL

Perform the simulation of the first test.if you did not pass the first test then perform the simulation of the second test.

Record the number of trials needed to pass the first or second test.

Repeat 20 times and take the average of the 20 recorded number of trials

(what is the sum of recorded values divided by 20).

Note:you will most likely obtain a result of about two trials needed.

7 0
3 years ago
In parallelogram FGHJ if m∡ GHJ=55˚ find m∡FGH
hodyreva [135]

Answer:

∠ FGH = 125°

Step-by-step explanation:

The consecutive angles in a parallelogram are supplementary, then

∠ FGH + ∠ GHJ = 180° , that is

∠ FGH  + 55° = 180° ( subtract 55° from both sides )

∠ FGH = 125°

4 0
3 years ago
Read 2 more answers
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