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Sonbull [250]
3 years ago
6

You have a $9000 bond that earns 3% interest compounded quarterly. How much is the bond word at 6 years?

Mathematics
1 answer:
Vlad1618 [11]3 years ago
5 0

Answer:

$10,667.66

Step-by-step explanation:

The formula for calculating the compound interest is expressed as:

A = P(1+r/n)^nt

P is the principal = $9000

r is the rate = 3%

time t = 6years

n = 1/4

Substitute

A = 9000(1+0.03/(1/4))^6/4

A = 9000(1+0.03(4))^1.5

A = 9000(1+0.12)^1.5

A = 9000(1.12)^1.5

A = 9000(1.1853)

A = 10,667.67

Hence the amount after 6 years is $10,667.66

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If you need 192 beads to make a necklace and bracelet and it takes 5 times more beads to make necklace than bracelet. How many b
Rasek [7]
192 = total beads

necklace + bracelet = 192

Let x equal the number of beads 

bracelet = 5x
necklace = x

5x + x = 192 

6x = 192

x = 32

It takes 32 beads to make a necklace

3 0
3 years ago
Minstrel Manufacturing uses a job order costing system. During one month, Minstrel purchased $198,000 of raw materials on credit
Diano4ka-milaya [45]

Answer:

$440,000

Step-by-step explanation:

Direct material:

= $195,000 - $30,000

= $165,000

Direct labor:

= $150,000 - $40,000

= $110,000

Manufacturing overhead:

150% of direct labor cost.

= $110,000 x 150 ÷ 100

= $16,500,000 ÷ 100

= $165,000

Total manufacturing costs:

= $165,000 + $110,000 + $165,000

= $275,000 + $165,000

= $440,000

The total manufacturing costs added during the period is: <u>$440,000</u>

5 0
3 years ago
Evaluate the following expression when x = 6 and y = 2:
Liula [17]

Answer:

11/2

Step-by-step explanation:

\frac{ {x}^{2} +  {y}^{3}  }{2 + x}  \\

when,

x = 6 \\ y = 2

Now substitute the value we get,

\frac{ {6}^{2}  +  {2}^{3} }{2 + 6} \\  \\  =  \frac{36 + 8}{8}   \\  \\  =  \frac{44}{8} \\  \\  =  \frac{11}{2}

5 0
3 years ago
Which value of n makes the equation true?<br><br> 2/3n = -12
vivado [14]

Answer:

-1/18

Step-by-step explanation:

Let's multiply left and right by 3n:

2 = -12 * 3n =>

-36n = 2

now divide by -36:

n = 2/-36 = -1/18

5 0
3 years ago
Read 2 more answers
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Mariana [72]
The answer is c. it’s 14
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3 years ago
Read 2 more answers
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