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patriot [66]
4 years ago
5

Melanie invests $8800 in a new savings account which earns 4.6% annual interest, compounded daily. What will be the value of her

investment after 6 years?
Mathematics
1 answer:
laila [671]4 years ago
7 0

Answer:

it would be valued at $11,597

Step-by-step explanation:

In this question, we are asked to calculate the value of an investment, 6 years on from now, given the annual interest , initial investment and time

Mathematically;

A = P(1+r/n)^nt

From the question, A = ?

P is initial investment = $8,800

r is rate = 4.6% = 4.6/100 = 0.046

n is number of times compounded = 365 since it is daily and we have 365 days in a year

t = time= 6 years

Now, we input these values into the equation;

A = 8,800 (1+ 0.046/365)^(365*6)

A = 8,800 (1+ 0.00012602739726)^2190

A = 8,800(1.00012602739726)^2190

A = $11,596.86

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Prove that |a| < b if and only if -b < a < b
asambeis [7]

Answer:

Since,

|x|=\left\{\begin{matrix}x &\text{ if } x \geq 0 \\ -x &\text{ if } x < 0\end{matrix}\right.

Here, the given equation is,

|a| < b

Case 1 : if a ≥ 0,

|a| < b ⇒ a < b

Case 2 : If a < 0,

|a| < b ⇒ -a < b ⇒ a > - b

( Since, when we multiply both sides of inequality by negative number then the sign of inequality is reversed. )

|a| < b ⇒ a < b or a > - b ⇒ -b < a < b

Conversely,

If -b < a < b

⇒ a < b or a > - b

⇒ a < b or -a <  b

⇒ |a| < b

Hence, proved..

7 0
4 years ago
Given: △KLM, LM=20 3 <br> m∠K=105°, m∠M=30°<br> Find: KL and KM
hjlf

Okay, so the angle of K is 45° (180 - 135).

Draw a line that goes straight down from angle L and let's say that point is point Z. You can see that this triangle can be separated into two special triangles: the 45 45 90 triangle on the left (ΔLKZ) and the 30 60 90 triangle (ΔLMZ) on the right.

I don't know if you've learned this yet (just google them if you're confused):                                                                       - for a 45 45 90 triangle the sides are x, x, and x√2.                                                 - for a 30 60 90 triangle the sides are x, 2x, and x√3.

Since we know that LM is 20√3, using the 30 60 90 trick, you can see that LZ is 10√3 and MZ is 30.

Next, since LZ is 10 sqrt(3), using the 45 45 90 trick, <em>KL is 10√6</em> and KZ is 10 sqrt(3). Therefore, KM = KZ + MZ = <em>10√3 + 30</em>

<u>The answer: KL is 10√6, KM is 10√3 + 30</u>

(I'm sorry it's such a long explanation, pictures would have been better)

6 0
3 years ago
A set of golf clubs that costs $600 are on sale for 40% of the regular price. What is the sale price of the clubs?
algol [13]
$600 / 100 = $6
$6 x 40 = $240

Answer: $240

Hope it helped :)
8 0
3 years ago
A manufacturing machine has a 10% defect rate.If 4 items are chosen at random, what is the probability that at least one will ha
vagabundo [1.1K]

Solution

Step 1

\begin{gathered} probability\text{ of defective p = 10\% = }\frac{10}{100}\text{ = 0.1} \\  \\ probability\text{ of not defective q = 1 - p = 1 - 0.1 = 0.9} \\  \end{gathered}

Step2

The probability that at least one will have a defect

= 1 - the probability that noon will have a defect

Step 3

Use the binomial distribution

\begin{gathered} =1\text{ - }^nC_rp^rq^{n-r} \\ n\text{ = 4, r = 0} \\  \\ =1-^4C_0(0.1)^0(0.9)^{4-0} \\  \\ =\text{ 1 - 1}\times1\times0.9\times0.9\times0.9\times0.9 \\  \\ =\text{ 0.344} \end{gathered}

8 0
2 years ago
What is the value of this expression below when x=10<br> 6x-5
matrenka [14]

Answer:

55

Step-by-step explanation:

6(10)-5

=60-5

=55

PLS GIVE BRAINLIEST

4 0
3 years ago
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