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mixer [17]
3 years ago
7

Yes invests $1500 that compounds interest monthly with a 4.5% rate. How much money will he have after the 12 years?

Mathematics
1 answer:
Soloha48 [4]3 years ago
3 0

Answer:

FV= $2,571.41

Step-by-step explanation:

Giving the following information:

Initial investment (PV)= $1,500

Interest rate (i)= 0.045/12= 0.00375

Number of periods (n)= 12*12= 144 months

<u>To calculate the future value, we need to use the following formula:</u>

FV= PV*(1 + i)^n

FV= 1,500*(1.00375^144)

FV= $2,571.41

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I really need help with this! Thank you!!
photoshop1234 [79]
<h3>Answer:</h3>
  1. x = 13; NP = 2 18/23 ≈ 2.8; NL = 5 5/23 ≈ 5.2
  2. D. x = 17, y = 5
<h3>Step-by-step explanation:</h3>

1. In order for this problem to be workable, we need to assume PQ ║ ML. Then ΔPNQ ~ ΔLNM and ∠L = ∠P = 60°.

... ∠L = 60°

... (3x+21)° = 60°

... 3x = 39 . . . . . . . divide by °, subtract 21

... x = 13 . . . . . . . . .divide by 3

The side lengths of similar triangles are proportional, so we have ...

... (3.2 cm)/y = (6 cm)/(8-y)

Multiplying by the product of the denominators, and dividing by (cm), we have ...

... 3.2(8 -y) = 6y

... 3.2×8 = 9.2y . . . . . add 3.2y

... y = 3.2×8/9.2 = 64/23 = 2 18/23 ≈ 2.78 = NP

Then ...

... 8-y = NL ≈ 5.22

In summary: x = 13; NP ≈ 2.8; NL ≈ 5.2

_____

2. If we assume figures ABCD and PSRQ are similar, we can find the values of the variables. We assume ∠C ≅ ∠R, so ...

... 4x +27° = 95°

... 4x = 68° . . . . . subtract 27°

... x = 17° . . . . . . . divide by 4

___

AB/AD = PS/PQ . . . . . corresponding sides of similar figures are proportional

... 4y/(3y-5) = 10/5 . . . . . units of ft cancel

... 5×4y = 10(3y -5) . . . . . multiply by 5(3y-5)

... 20y = 30y -50 . . . . . . simplify

... 50 = 10y . . . . . . . . . . . add 50-20y

... 5 = y . . . . . . . . . . . . . . divide by 10

Using this value of y, we have ...

AB = 4y ft = 20 ft; AD = (3y-5) ft = 10 ft. Both these values are double the corresponding lengths on PSRQ.

In summary, x = 17°, y = 5. . . . . . (note that the ° symbol is appropriate for x)

_____

You should have your teacher show you how to work these problems <em>using only the given information</em>.

In the second problem, you cannot start with the assumption that the figures are similar, as that is what you're being asked to prove. Please note, too, that two sides and one angle of a quadrilateral are insufficient to show similarity.

7 0
3 years ago
thomas buys a cardboard sheet that is 8 by 12 inches. let x be the side lenghth of each cut out. create an equation for the volu
nikitadnepr [17]
Hi there! 

Lets dive into the problem, starting with the equation for volume; length x width x height.

If it's 8 x 12 inches, That means the height is 8 and the length is 12. The side, or width, would be x.

The equation should be 8 times 12 times x, or (8)(12)(x).
8 0
3 years ago
Solve the system of equations.<br><br> y=3x<br> y=x^2-10
puteri [66]

Answer:

y=3x.........1

y=x^2-10.......2

substituting value of eq 1 to 2

3x=x^2-10

x^2-10-3x=0

x^2-3x-10=0

x^2-5x+2x-10=0

X(x-5)+2(x-5)=0

(x-5)(X+2)=0

then

X=5 or X=-2

again

y=??

when X=5

y=3×5=15

when X=-2

y=-6

5 0
3 years ago
Read 2 more answers
Find x on the lines plz and thanks​
Triss [41]

Answer:

x = 9

this is a ratio problem. You can see that 12/6 = 2, so you can also take 18/2 to get 9.

6 0
3 years ago
Read 2 more answers
Explain how you could use a number line to determine -5 -(-3)<br><br> What is the difference?
AURORKA [14]

Answer:

The difference is -2

7 0
3 years ago
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