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KIM [24]
3 years ago
8

Melanie invested $9,800 in an account paying an interest rate of 4 1 2 4 2 1 ​ % compounded quarterly. Amelia invested $9,800 in

an account paying an interest rate of 4 3 4 4 4 3 ​ % compounded continuously. After 20 years, how much more money would Amelia have in her account than Melanie, to the nearest dollar?
Mathematics
1 answer:
Gnom [1K]3 years ago
5 0

Step-by-step explanation:

yifhkdtjayixyrsyisjdyjdrtdgjz

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If the simple interest on ​$3,000 for 8 years is ​$1,680​, then what is the interest​ rate?
madam [21]

We need to use the formula for simple interest which is
I= prt
Where I is the amount of money you earned or pay in interest
p is the principal, the amount you deposited or borrowed
r is the interest rate expressed as a decimal
t is time in terms of years

In this problem, I= 1,680
p= 3000
t= 8
'. r is what we are looking for.

Substituting the numbers into the simple interest formula, we get
I=. p r t
1,680=(3000)(r)(8). Multiplying
1,680= 24,000r Divide both sides by 24,000
0.07= r
So, the percentage is (0.07)(100)= 7%...
8 0
3 years ago
What is...<br> 5 times 6 plus 45 minus 67 divided by 78635 times 8273 plus square root of 6
SVETLANKA909090 [29]

Answer:

sorryajaajqiqoqoqiqsjsjwuwuqqu

8 0
3 years ago
MOre geometry.<br> Sorry i struggle.
il63 [147K]

1/2 (Base x height) = area

1/2 (4*x)=10

2x=10

X=5

The height is 5 units

5 0
3 years ago
What is the completely factored form of x2 – 16xy + 64y2?
Korolek [52]

Answer:

(x-8y)(x-8y) or (x-8y)^2

5 0
3 years ago
Read 2 more answers
Is y = 0.860x + 3.302 a linear function?
gulaghasi [49]

Answer:

yes

Step-by-step explanation:

Yes.  The given function has the form y = mx + b, which is that of a linear function.  Here the slope, m, is 0.860, and the y-intercept is 3.302.

8 0
3 years ago
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