2 years ago

1. The compound interest on $2500 for 5 years at 4% per annum (compounded annually) is

Mathematics

1 answer:

Elden [556K]2 years ago

4 0

Answer:

$9000

Step-by-step explanation:

I am Majoring in Math and Personal Finance.

You might be interested in

The height of a cone-shaped statue is 9 ft, and the diameter is 12 ft. What is the volume of the statue? Use 3.14 to approximate

neonofarm [45]

Height = 9 ft
Radius = Diameter/2 = 12/2 = 6 ft
Volume of a cone = 1/3πr²h
= 2/3 × 3.14 × 6 × 6 × 9
= 339.12 ≈ 339.1 cubic foot.

4 0

3 years ago

Read 2 more answers

Solve (1/81)^x*1/243=(1/9)^−3−1 by rewriting each side with a common base.

elena55 [62]

Answer:

$x=(243)log_{\frac{1}{81}}[(\frac{1}{81})-1]$

Step-by-step explanation:

you have the following formula:

$(\frac{1}{81})^{\frac{x}{243}}=(\frac{1}{9})^{-3}-1$

To solve this equation you use the following properties:

$log_aa^x=x$

Thne, by using this propwerty in the equation (1) you obtain for x

$log_{(\frac{1}{81})}(\frac{1}{81})^{\frac{x}{243}}=log_{\frac{1}{81}}[(\frac{1}{81})-1]\\\\\frac{x}{243}=log_{\frac{1}{81}}[(\frac{1}{81})-1]\\\\x=(243)log_{\frac{1}{81}}[(\frac{1}{81})-1]$

8 0

2 years ago

What is the percent decrease of $65.50 to $52.40

Ray Of Light [21]

<span>Divide 52.4 by 65.5 and multiply by 100. That is the percent of the 52.4 compared to 65.5.

</span>

5 0

3 years ago

The scatterplot shows the time it takes for a new hot plate to boil various amounts of water, and one lab group’s attempt at a l

Vera_Pavlovna [14]

so it will

E=>6^5 H2O 9^+7*8

7 0

3 years ago

Read 2 more answers

Explain how to identify the terms of 3y - 4 - 5y

Yuliya22 [10]

Well the answer is -2y-4 but the different terms in this problem are 4 and 5y and 3y where 5y and 3y are like terms

8 0

2 years ago

Read 2 more answers