1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
son4ous [18]
3 years ago
7

Grace invested $5,200 in an account paying an interest rate of 4.6% compounded daily. Assuming no deposits or withdrawals are ma

de, how much money, to the nearest dollar, would be in the account after 11 years?
Mathematics
1 answer:
nlexa [21]3 years ago
8 0

Answer:

Step-by-step explanation:

Use this formula for when compounding is either not continuous or is not annually:

A(t)=P(1+\frac{r}{n})^{(n)(t)} where P is the initial investment, r is the interest rate in decimal form, n is the number of times the compounding occurs per year, and t is the time in years.  For us:

P = 5200,

r = .046,

n = 365, and

t = 11

A(t)=5200(1+\frac{.046}{365})^{(365)(11)} and

A(t)=5200(1+.000126)^{4015} and

A(t)=5200(1.000126)^{4015} and

A(t) = 5200(1.658408042) so

A(t) = $8623.72

You might be interested in
The sum of two numbers is 52. The greater number is 4 more than the smaller number. Which equation can be used to solve for the
kvv77 [185]

Answer:

x+(x+4)=52

I think this is it

4 0
3 years ago
In the figure shown, lines 1 and 2 are parallel.
Sav [38]

Answer:

Step-by-step explanation:

8=09

7 0
3 years ago
Quadratic formula, SOMEONE PLEASE HELP (30 points)
Anvisha [2.4K]
1. to create your own quadratic you have to just make up any numbers. so off the top of my head:
y = -5x^2 + 10x - 3

2. the equation to find the x value of the vertex uses is the equation -b/2a. You may notice that this is similar to the quadratic formula except for you take away the plus or minus square root part. if you think about it, it makes sense that this would be the vertex because the plus or minus parts are an equal distance away from the center of the parabola. so using the form ax^2 + bx + c we can plug in the a and b:
x = -10/2 (-5)
x = -10/-10
x = 1

so we have x and can plug into equation to get y value:
y = -5 (1)^2 + 10(1) -3
y= -10 + 10 - 3
y = -3

vertex is at point (1, -3)

3. the axis of symmetry is the line that runs straight up and down at the center of a parabola. the center of the parabola is the vertex so the line runs straight up and down through vertex. for a line to run straight up and down it is a constant x value. since the x of the vertex is 1, the line is:
x = 1

4. using quadratic formula :
x = [-b (+-) sqrt (b^2 - 4ac)]/2a
we get:
x = [-10 (+-) sqrt (10^2 - 4 (-5)(-3)]/2 (-5)
x = [-10 (+-) sqrt (100 - 60)]/-10
x= [-10 (+-) sqrt (40)]/-10
x= [-10 (+-) 2* sqrt (10)]/-10
x= [5 (+-) sqrt (10)]/5

that is the answer. You can use a calculator to solve easily.

5. the discriminant is the solution to what is under the squareroot sign. so the square root part was:
sqrt (b^2 - 4ac)

so discriminant is :
b^2 - 4ac

so for this function it is:
10^2 - 4 (-5)(-3)

solving this the discriminant is 40
6 0
4 years ago
Find the mean absolute deviation of the data: 5,8,8,10,13,14,16,22
Rama09 [41]

Answer:

7

Step-by-step explanation:

ghj

4 0
3 years ago
WILL MARK BRAINLIEST
Sphinxa [80]

Answer:

-1/2

Step-by-step explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Trig: What is the rate of change of a function over a specified interval?
    9·1 answer
  • Find the value of each expression. Show your work.<br> 10^C^4
    10·1 answer
  • Mr. Gaines is catering his company picnic. He will pay $18.45 for 3 people to eat the barbecue lunch. At this rate, how many peo
    12·1 answer
  • Amy's math notebook weighs
    6·1 answer
  • The difference in the X coordinates of two points is three and the difference in the Y coordinate is two points is six what is t
    10·1 answer
  • What does 7•(6•t) equal?
    14·2 answers
  • Which statement describes the first step to solve the equation by completing the square?
    10·1 answer
  • Please answer these question!!
    8·1 answer
  • Oo what is 32 x 23 / 21
    6·2 answers
  • PLEASE HELP ME I DONT KNOW THE ANSWERR
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!