Elliot invests 15000 in an investment certificate that pays 2% compounded annually. How much interest will he have earned in 2 y
1 answer:
<h2>Answer:</h2><h3>First year:</h3>
$15300
<h3>Second year:</h3>$15606
<h2>Step-by-step explanation:</h2><h3>First year:</h3>300 is 2% of 15000, so we add that. The result we have is $15300.
<h3>Second year:</h3>306 is 2% of 15300, so we add that to the original value. The result is $15606.
Side note:
All you need to know is the Interest Rate Formula: . By the way, that's the simple compound interest rate formula. The simple interest rate formula is
.
You might be interested in
Answer:
The parallelogram is not rectangle because the sides of the parallelogram do not meet at right angles.
Step-by-step explanation:
Given the parallelogram with sides 20 and 21 units with diagonal length 28 units.
we have to tell it is a rectangle or not.
The given parallelogram is rectangle if the angle at vertices are of 90° i.e the two triangle formed must be right angles i.e it must satisfy Pythagoras theorem
=
+
784=400+441=881
Not verified
∴ The sides of the parallelogram do not meet at right angles.
Hence, the parallelogram is not rectangle because the sides of the parallelogram do not meet at right angles.
Hope it helps
Mark as brainliest
Answer:
a) 4x -3y ≥ -24
b) 2x +3y ≥ -12
c) 4x -3y ≤ 12
d) 2x +3y ≤ 24
Step-by-step explanation:
All of the given points are on the axes, so it is useful to know the intercept form of the equation for a line is ...
x/a +y/b = 1 . . . . . . where a is the x-intercept and b is the y-intercept.
<h3>a)</h3>The boundary line for the first side is ...
x/-6 +y/8 = 1
4x -3y = -24 . . . . . . multiply by -24 to put in standard form
The graph shows the quadrilateral is to the right of this line, so its inequality is ...
4x -3y ≥ -24
__
<h3>b)</h3>The boundary line for side 2 has equation ...
x/-6 +y/-4 = 1
2x +3y = -12 . . . . . multiply by -12
The quadrilateral is to the right of this line, as well, so its inequality is ...
2x +3y ≥ -12
__
<h3>c)</h3>We can see from the graph that the x-intercept of the boundary line for side 3 is x=3. The equation for that boundary line is ...
x/3 +y/-4 = 1
4x -3y = 12
The quadrilateral is to the left of this line, so its inequality is ...
4x -3y ≤ 12
__
<h3>d)</h3>Apparently, side 4 is intended to use points already given. We assume it passes through (6, 4) and (0, 8). This boundary is parallel to side 2, so will have the same equation, but with a different constant.
2x +3y = 2(0) +3(8) = 24
The quadrilateral is to the left of this line, so its inequality is ...
2x +3y ≤ 24
__
The second attachment shows a graph of the four inequalities with their shading.
_____
<em>Additional comment</em>
All of the inequalities are written in standard form, so the x-coefficient is positive for all of them. The direction of the inequality symbol can be chosen to select values of x that are greater than or less than those on the boundary line. If the shading is to be to the right, then larger x-values are required, and the inequality will have the form ax + by ≥ c (a > 0). If shading is to the left, then smaller x-values are required, and the inequality symbol points in the other direction.
The figure is a parallelogram, not a rectangle.
