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mrs_skeptik [129]
3 years ago
11

A person places $1380 in an investment account earning an annual rate of 8.6%,

Mathematics
1 answer:
Sergio [31]3 years ago
4 0

Answer:

3261.16

Step-by-step explanation:

r=8.6\%=0.086

r=8.6%=0.086

Move decimal over two places

P=1380

P=1380

Given as the pricipal

t=10

t=10

Given as the time

V=Pe^{rt}

V=Pe

rt

V=1380e^{0.086( 10)}

V=1380e

0.086(10)

Plug in

V=1380e^{0.86}

V=1380e

0.86

Multiply

V=3261.1618\approx 3261.16

V=3261.1618≈3261.16

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Hello there!

Simply find a common term that they all have!

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Now factor the terms in the parenthesis!

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^ This is NOT your answer!!

Tip: When looking at (x^2-8x-20), look at the middle term. (-8x). Since it's negative, either (x-10) or (x-2) can be negative.

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So it'll be:

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ALWAYS double check your answer by foiling! :)

Hope this helped!

-----------------------------

DISCLAIMER: I am not a professional tutor or have any professional background in your subject. Please do not copy my work down, as that will only make things harder for you in the long run. Take the time to really understand this, and it'll make future problems easier. I am human, and may make mistakes, despite my best efforts. Again, I possess no professional background in your subject, so anything you do with my help will be your responsibility. Thank you for reading this, and have a wonderful day/night!
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