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lisabon 2012 [21]
2 years ago
12

Help!! i need to get this done soon

Mathematics
2 answers:
Ksenya-84 [330]2 years ago
8 0
I got A as my answer lol
Aliun [14]2 years ago
7 0

Answer: i think the answer is (A)

Step-by-step explanation:

I recalculated and the other person was correct, sorry for the mix up

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David invested $340 in an account paying an interest rate of 2\tfrac{1}{8}2 8 1 ​ % compounded continuously. Natalie invested $3
Nutka1998 [239]

Answer:

$53.83

Step-by-step explanation:

For David

David invested $340 in an account paying an interest rate of 2\tfrac{1}{8}2 8 1 ​ % compounded continuously.

r = 2 1/8% = 17/8% = 2.125% = 0.02125

t = 17 years

P = $340

For Compounded continuously, the formula =

A = Pe^rt

A = Amount Invested after time t

P = Principal

r = interest rate

t = time

A = $340 × e^0.02125 × 17

A = $ 487.94

For Natalie

Natalie invested $340 in an account paying an interest rate of 2\tfrac{3}{4}2 4 3 ​ % compounded quarterly.

r = 2 3/4 % = 11/4% = 2.75% = 0.0275

t = 17 years

P = $340

n = compounded quarterly = 4 times

Hence,

Compound Interest formula =

A = P(1 + r/n)^nt

A = Amount Invested after time t

P = Principal

r = interest rate

n = compounding frequency

t = time

A = $340 (1 + 0.0275/4) ^17 × 4

A = $ 541.77

After 17 years, how much more money would Natalie have in her account than David, to the nearest dollar?

This is calculated as

$541.77 - $ 487.94

= $53.83

Hence, Natalie would have in her account, $53.83 than David

4 0
3 years ago
What is the midpoint of the segment shown below?
Bogdan [553]
C. 5/2, 3 this is the answer
3 0
3 years ago
Read 2 more answers
What is the lowest form of 32:28?​
BartSMP [9]

Answer:

to lowest terms of 32:28 is 8/7 or 8:7

Step-by-step explanation:

5 0
3 years ago
A drink dispenser fills cups at a rate of 2 ounces per second. Adrain has 64 ounce cup that already contains 18 ounces of water.
diamong [38]

Answer:

23 seconds

Step-by-step explanation:

First, find out how many ounces left are needed to fill the water. Subtract the total, 64, by the already filled, 18. This should get you the answer of 46.

Since the dispenser fills 2 ounces per second, you need to divide the number 46 by 2 in order to find the amount of time in seconds it would take to fill the rest of the cup.

Therefore, your answer is 23 seconds.

Hope this helps!

3 0
3 years ago
Read 2 more answers
A loan of $12,000 is made at 5.25% interest, compounded annually. After how many years will the amount due reach $22,000 or more
yaroslaw [1]

Answer:

About 16 years

Step-by-step explanation:

First we need to figure out 5.25% of 12000

5.25 x 0.12000 = 0.63

Then we move the decimal

630

Then we need to figure out how many years it will take to reach $22000

Since we already owe $12000, we can just divide using $10000 because 10000 + 12000 = 22000

10000/630 = 15.87

Which is about 16 years

6 0
3 years ago
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