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salantis [7]
3 years ago
6

Paisley is going to invest $28,000 and leave it in an account for 14 years. Assuming the interest is compounded monthly, what in

terest rate, to the nearest tenth of a percent, would be required in order for Paisley to end up with $74,000?
Mathematics
1 answer:
abruzzese [7]3 years ago
5 0

Answer:

r=7

Step-by-step explanation:

74000=28000(1+r/12)^12(14)

divide 74000 by 28000, and cancel out 28000.

1.00580=1+r/12

(100) .06962=r

r = 6.96198

the 6 after the 9 rounds 9 to 0, which rounds the 6 to 7

r=7

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4 years ago
How to find values of x that are not in the domain?
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8 0
3 years ago
Solve the equation for x. 2x + 22 = 4(x+3)
shusha [124]

Answer:

x = 5

Step-by-step explanation:

We have the algebraic expression and are asked to solve for x.

To solve, we need to isolate x.

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Subtract 2x from both sides :

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5 0
3 years ago
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snow_tiger [21]

Answer:

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Step-by-step explanation:

6 0
3 years ago
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