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stepladder [879]
2 years ago
9

14. You deposit $400 in a savings account that earns 7% interest compounded annually.

Mathematics
1 answer:
oksian1 [2.3K]2 years ago
4 0

Answer:

A=p(1+r/100)^n

=400(1+7/100)^2

=400*1.14

=456

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An investment of $8500 increases in value by 4.5% every year. How long until the investment
riadik2000 [5.3K]

Answer:

16 years

Step-by-step explanation:

Given data

Principal= $8500

Rate= 4.5%

Final amount=  $17,323

The expression to find time in compound interest is given as

t= ln(A/P)/r

substitute

t= ln(17323/8500)/0.045

t= ln(2.038)/0.045

t=0.711/0.045

t= 15.8 years

Hence the total time is about 16 years

6 0
3 years ago
Please help with this question!!!!
ss7ja [257]

Answer:

  120 units²

Step-by-step explanation:

The area can be found using the formula for the area of a triangle:

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6 0
3 years ago
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faust18 [17]

Answer:

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Step-by-step explanation:

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6 0
3 years ago
Jess made 3 different stacks of wooden blocks. The first stack was 8 blocks high ,the second stack was 4 blocks higher than the
kirill [66]

Answer:

Jess used 40 blocks in total.

Step-by-step explanation:

First stack: 8 blocks

Second stack: First stack + 4 = 8 + 4 = 12 blocks

Third stack: Second stack + 8 = 12 + 8 = 20 blocks

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Step-by-step explanation:

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