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2 years ago

$25,000 is invested for 5 years with an APR of 3% and daily compounding.

Mathematics

1 answer:

Effectus [21]2 years ago

4 0

Answer:

$29,045.69

Step-by-step explanation:

The total amount accrued, principal plus interest, with compound interest on a principal of $25,000.00 at a rate of 3% per year compounded 365 times per year over 5 years is $29,045.69.

A = P(1 + r/n)nt

A = 25,000.00(1 + 0.03/365)(365)(5)

A = 25,000.00(1 + 8.2192E-5)(1825)

A = $29,045.69

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What is the value of the expression 10 + (fraction 1 over 2)4 ⋅ 48?

EleoNora [17]

Equation arrangement: 10 + [1/2]^4. 48
[1/2]^4 = 1/2 * 1/2 * 1/2 * 1/2 = 1/16
10 + [1/16] * 48
According to the law of BODMAS, we have to carry out multiplication operations before we carry out addition operations, therefore, we now have.
[1/16] * 48 = 3
Then, 10 +3 =13.
Thus, the final answer is 13.

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3 years ago

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Step-by-step explanation:

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3 years ago

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3 years ago

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Aliun [14]

Answer:

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Step-by-step explanation:

Given:

The equation $Q(x)=2x^2-kx+18$

To find:

Value of $k = ?$ for which the given equation has one distinct real solution.

Solution:

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Here,

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