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xeze [42]
2 years ago
11

Help me out please thanks

Mathematics
1 answer:
Pani-rosa [81]2 years ago
5 0
M=13 b=11 the rule is rows
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Marcus receives an inheritance of 6,000 he decides to invest the money in a 14-year certificate of deposit that pays 6.5% intere
anastassius [24]

Marcus will receive $14869.38  at the end of the 14 years

Step-by-step explanation:

The rule of the future value of the compound interest is:

FV=P(1+\frac{r}{n})^{nt}, where

1. P is the invested money

2. r is the rate of interest in decimal

3. n is the period of compound interest

4. t is the time

Marcus receives an inheritance of 6,000 he decides to invest the

money in a 14-year certificate of deposit that pays 6.5% interest

compounded monthly

We need to find how much money Marcus will receive at the end of

the 14 years

∵ P = $6000

∵ r = 6.5% = 6.5/100 = 0.065

∵ n = 12 ⇒ compounded monthly

∵ t = 14

Substitute these values in the rule above

∴ FV=6000(1+\frac{0.065}{12})^{(12)(14)}

∴ FV = $14869.38

Marcus will receive $14869.38  at the end of the 14 years

Learn more;

You can learn more about compound interest in brainly.com/question/4361464

#LearnwithBrainly

7 0
3 years ago
Help pls I will give brainliest! ok
Step2247 [10]

Answer:

365

Step-by-step explanation:

February 29 is a date that usually occurs every four years, and is called the leap day. This day is added to the calendar in leap years as a corrective measure, because the Earth does not orbit the sun in precisely 365 days.

8 0
3 years ago
Read 2 more answers
Write the equation of a line passing through the points (5,-5) and (-5,-5)?
zmey [24]

Answer:

y-(-5)/x-(-5)=0

so y=5 is the eqt.

7 0
3 years ago
How many 9 digit combinations with 10 numbers?
PolarNik [594]
<span>There are 1 billion 9 digit numbers (000,000,000 through 999,999,999). There are 45 different combinations of two different numerals (10 x 9 divided by 2). There are 512 (2 to the 9th power) different permutations for any two numbers to be used in a 9 digit number</span>
3 0
3 years ago
I wrote it down better
Elenna [48]
number one is 280 because 4/2 is 2 + 2 is 4 then you multiply 7 and that is 28 ^ 2 which is 280
4 0
3 years ago
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