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3 years ago

Damian is going to invest in an account paying an interest rate of 5.2% compounded

Mathematics

2 answers:

viktelen [127]3 years ago

5 0

Answer:

650

Step-by-step explanation:

651.606881968=P

round: 650

Whitepunk [10]3 years ago

4 0

Answer:

650

Step-by-step explanation:

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Based on the following system of equations, determine the number of solutions.

larisa [96]

2 solutions x,y= 2,7

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3 years ago

Find the value of x?

jekas [21]

Hello!
The left triangle have two same side length so the two bottom angles are the same which is (180-56)/2=62
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Have a great day!

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3 years ago

Use an x&y to graph the function below f(x) = - (x+2)^3+1

kenny6666 [7]

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3 0

3 years ago

A 2 pound box of salt sells for $.89 and a 5 pound box sells for 2.09. What is the linear equation for this?

castortr0y [4]

Y = ax + b;

0.89 = a * 2 + b and 2.09 = a * 5 + b =>
=> 2.09 - 0.89 = a * 5 + a * 2 + b - b => 1.20 = 3 * a => a = 1.20 / 3 => a = 0.40;
b = 0.89 - 0.40 * 2 => b = 0.89 - 0.80 => b = 0.09;

y = 0.40x + 0.09 => 0.40x - y + 0.09 = 0 is the linear equation.

4 0

3 years ago

The average American spent $8,508 on health care in 2011. The cost of health care is projected to rise about 5.8% per year for t

klio [65]

<h3>The projected amount the average American spent on health care in 2014 is $ 10075.91</h3>

Solution:

Given that,

The average American spent $8,508 on health care in 2011

The cost of health care is projected to rise about 5.8% per year for the years 2012-2022

The increasing function is given as:

$y = a(1+r)^t$

Where,

y is future value

a is initial value

r is growth rate in decimal

t is number of years

From given,

a = 8508

$r = 5.8 \% = \frac{5.8}{100} = 0.058$

t = 2011 to 2014 = 3 years

Substituting the values, we get,

$y = 8508(1 + 0.058)^3\\\\y = 8508(1.058)^3\\\\y = 8508 \times 1.1842\\\\y = 10075.914 \approx 10075.91$

Thus the projected amount the average American spent on health care in 2014 is $ 10075.91

4 0

3 years ago