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WITCHER [35]
3 years ago
8

You receive $50 for your birthday you buy a book for $14.95 and a baseball cap for $24.95 how much money do you have left

Mathematics
1 answer:
GuDViN [60]3 years ago
4 0

Answer:

You have $10.10

Step-by-step explanation:

14.95 + 24.95 = 39.90

50 - 39.90 = 10.10

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Answer:

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Step-by-step explanation:

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7 0
2 years ago
Katherine invested $86,000 in an account paying an interest rate of 52%
earnstyle [38]

Answer: $4,331‬

Step-by-step explanation:

I will assume that the question meant 5.2% not 52% as this is quite excessive.

Katherine after 13 years.

Convert the variables;

n = 13 years = 13 * 365 = ‭4,745‬ days

r = 5.2% = 5.2/365 = 5.2/365%

Future value = P * ( 1 + r)^n

= 86,000 * (1 + 5.2/365%)⁴⁷⁴⁵

= $169,068

Michael after 13 years;

If compounded continuously, the formula is;

Future value = Pe^rt

= 86,000 * e⁰.⁰⁵ ˣ ¹³

= $164,737

Difference = 169,068 - 164,737

= $4,331‬

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