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Lelu [443]
3 years ago
11

Find the amount erica owes at the end of 6 years if $60000 is loaned to her at a rate of 4% compounded monthly

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

Answer: $76,244.51

Step-by-step explanation:

You need to use the compound interest formula here.

First of all however, you need to convert the terms to monthly figures because the interest is compounded monthly.

4% in months = 4 / 12 = 4/12%

6 years = 6 * 12 = 72 months

Now use the compound interest formula:

= Amount * (1 + rate) ^ number of years

= 60,000 * ( 1 + 4/12%) ⁷²

= $76,244.51

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How to evaluate 11+y
s344n2d4d5 [400]

Good morning ☕️

Step-by-step explanation:

11+y is an expression that contains a variable ‘y’

then its value depends on ’y’

examples :

if y = 0 → 11+y = 11+0 = 11

if y = 1 → 11+y = 11+1 = 12

if y = 2 → 11+y = 11+2 = 13

and so on.

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7 0
3 years ago
Someone please help me I’ll give out brainliest please dont answer if you don’t know
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Answer:

12.5(x  + 20) = 460 \\ x + 20 = 460 \div 12.5 \\ x + 20 = 36.8 \\ x = 36.8 - 20 \\ x = 16.8

Hence, 16.8 miles is your answer

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3 years ago
What is the square root of 108 in simplified radical form?
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3 years ago
n a study to investigate whether vitamin C will prevent colds, 400 subjects are assigned at random to one of two groups. The exp
Dvinal [7]

Answer:

Step-by-step explanation:

The aim of this question is to see if we can infer and conclude that vitamin C has a good impact in preventing colds based on the evidence provided.

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Alternative hypothesis: Vitamin C has a strong effect on preventing colds.

Assuming, significance level = 0.05

Since the p-value for the difference is 0.03 which is less than 0.05.

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As a result, it can be concluded that Vitamin C has a major impact on the prevention of colds.

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2 years ago
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Finger [1]

Here it is given that AB || CD

< EIA = <GJB

Now

∠EIA ≅ ∠IKC and ∠GJB is ≅ ∠ JLD (Corresponding angles)

∠EIA  ≅ ∠GJB then ∠IKC ≅ ∠ JLD (Substitution Property of Congruency)

∠IKL + ∠IKC 180° and ∠DLH +  ∠JLD =180° (Linear Pair Theorem)

So

m∠IKL + m∠IKC = 180°       ....(1)

But ∠IKC  ≅ ∠JLD

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So we have

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∠IKL and ∠JLD are supplementary angles.

But ∠DLH and ∠JLD are supplementary angles.

∠IKL ≅ ∠DLH (CONGRUENT SUPPLEMENTS THEOREM)

7 0
2 years ago
Read 2 more answers
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