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OleMash [197]
3 years ago
14

A person invests 8000 dollars in a bank. The bank pays 4.75% interest compounded daily. To the nearest tenth of a year , how lon

g must the person leave the money in the bank until it reaches 20400 dollars?
Mathematics
1 answer:
Rina8888 [55]3 years ago
7 0

The number of days for which the money is left to reach the 20,400$ mark is; 21.28 days

<h3>Compound interest</h3>

The final amount to be reached is; $20400

The principal amount is; $8,000 and at. rate of 4.75 % compounded.

Hence, it follows that;

  • 20400 = 8000(1+0.045)^(x)

Divide both sides of the equation by 8000; we have;

  • 20400/8000= 1.045^(x)

  • 2.55 = 1.045^(x)

Take log of both sides;

  • x = 0.4065/0.0191

  • x = 21.28 days.

Read more on compound interest;

brainly.com/question/24924853

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Find the solution set of the inequality<br> 35- 4x &gt; 2
Orlov [11]
35-4x>2
-4x>2-35
-4x>-33
-x>-33/4
x<33/4    (x<8.25)

Solution: x<8.25.  or  x∈(-∞ , 8.25)
3 0
3 years ago
F(x)=+6 <br><br><br> Can you please brake this down for me step by step thank you
nikitadnepr [17]

Answer:

below in explanation

Step-by-step explanation:

This basically means that for any value of x, the answer will always be 6

6 0
3 years ago
Read 2 more answers
Suppose y varies directly with x, and y = 8 when x = –6. What direct variation equation relates x and y? What is the value of y
Agata [3.3K]
Given:
y varies directly with x
y = 8 when x = -6

what is the value of y when x = -2?

y = kx

we need to get the constant of variation.
8 = k(-6)
8/-6 = k
4/-3 = k or - 1 1/3

y = -4/3 (-2)
y = (-4*-2) / 3
y = 8 / 3
y = 2 2/3 OR 2.67

The correct answer is Choice B. y = -1.33x ; 2.67
4 0
3 years ago
You receive $45 profit from a car wash after $300 in sales.<br> What percent was your profit?
kirza4 [7]

Answer:

15%

Step-by-step explanation:

Find the percent of profit by dividing 45 by 300:

45/300

= 0.15

So, the percent profit was 15%

3 0
3 years ago
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What’s the value of x for a-d?
patriot [66]

Answer:

a = 76 b = 22 c = 58 d = 68

Step-by-step explanation:

A. 180 - 133 = 47

so you have two angles found, which is 57 and 47. Add them together and subtract from 180. You get 76

B. 68 + 90 = 158

You subtract the 158 from 180 and get 22

C. This took some guess work, but when you multiply 58 by 2 you get 116. When subtracted from 180 you get 64. If you add 58 + 58 + 64, you get 180, so this made sense

D. There's an actual rule in trig that explains this, but I forgot it. If you look at the top angle, the other side of the line added to the 68 is a right angle. So you subtract 68 from 90 and get 12. Because there is already the right angle in the triangle, you just need the other two angles to equal 90, and because of the 68 that we found in the other triangle, this made sense.

Sorry, not the best at explanations. Hope that helped

8 0
3 years ago
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