I bought 2 1/2 gallons of paint but I only used 2/4 gallons of paint. How much paint do I have left

You decide to put $2,000 in a savings account to save for a $3,000 downpayment on a new car. If the account has an interest rate

DanielleElmas [232]

It takes 10.155 years until you have $3,000 ⇒ 3rd

Step-by-step explanation:

The formula for compound interest, including principal sum is:

$A=P(1+\frac{r}{n})^{nt}$ , where

A is the future value of the investment/loan, including interest
P is the principal investment amount
r is the annual interest rate (decimal)
n is the number of times that interest is compounded per unit t
t is the time the money is invested or borrowed for

∵ You decide to put $2,000 in a savings account

∴ P = 2000

∵ You want to save for $3,000

∴ A = 3000

∵ The account has an interest rate of 4% per year and is

compounded monthly

∴ r = 4% = 4 ÷ 100 = 0.04

∴ n = 12 ⇒ compounded monthly

- Substitute all of these values in the formula above to find t

∵ $3000=2000(1+\frac{0.04}{12})^{12t}$

- Divide both sides by 2000

∴ $1.5=(1+\frac{1}{300})^{12t}$

∴ $1.5=(1\frac{1}{300})^{12t}$

- Change the mixed number to an improper fraction

∴ $(1.5)=(\frac{301}{300})^{12t}$

- Insert ㏒ for both sides

∴ $log(1.5)=log(\frac{301}{300})^{12t}$

- Remember $log(a)^{n}=nlog(a)$

∴ $log(1.5)=(12t)log(\frac{301}{300})$

- Divide both sides by $log(\frac{301}{300})$

∴ 121.84 = 12 t

- Divide both sides by 12

∴ 10.155 = t

It takes 10.155 years until you have $3,000

Learn more:

You can learn more about the compound interest in brainly.com/question/4361464

#LearnwithBrainly

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a mail distribution center processes as many as 180 000 pieces of mail each day. the mail is sent via ground and air. each land

Kamila [148]

X - the number of loads by land carriers,
y - the number of loads by air carriers;
The system of inequalities:
x + y ≤ 150
2,000 x + 1,250 y ≤ 180,000

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If three dozen cookies cost $9, what is the cost per cookie?

e-lub [12.9K]

i think
25 per cents

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You have a 45-gallon jug and a 124-gallon jug. neither of the jugs has any markings (although you do know their capacities). des

Alja [10]

Pour 4 times of 124-gallon into a big jug.
Amount of water = 124 x 4 = 496 gallons

Then use the 45-gallon jug to scoop out the water 11 times.
Amount of water scooped out = 11 x 45 = 455 gallons

Water remaining = 496 - 450 = 1 gallon.

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3 years ago

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HELP! Sam needs

elixir [45]

Answer:ooff

Step-by-step explanation:

1+1=2

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3 years ago

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