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BigorU [14]
2 years ago
8

Airen’s grandparents deposited $1300 in a mutual fund earning 6% interest compounded annually. Write an equation to represent ho

w much money (y) Airen would have after x years. Use your equation to determine how much money Airen would have in the account after 18 years.
Mathematics
1 answer:
IRINA_888 [86]2 years ago
7 0

~~~~~~ \textit{Compound Interest Earned Amount \underline{in 18 years}} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$1300\\ r=rate\to 6\%\to \frac{6}{100}\dotfill &0.06\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{annually, thus once} \end{array}\dotfill &1\\ t=years\dotfill &18 \end{cases}

A=1300\left(1+\frac{0.06}{1}\right)^{1\cdot 18}\implies A=1300(1.06)^{18}\implies A\approx 3710.64 \\\\[-0.35em] ~\dotfill\\\\ ~\hfill y = 1300(1.06)^x~\hfill

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ryzh [129]
I think the answer is 15 %
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2 years ago
The pizza store is announcing a new sale for their large cheese pizza. The pizza is now 40% off its original price. If the origi
Gekata [30.6K]

Answer: $9.60

Step-by-step explanation:

First, we need to calculate the discount given on the pizza. This will be:

= 40% × $16.

= 40/100 × $16

= 0.4 × $16

= $6.40

Then the new price will be gotten by subtracting the amount given off from the original price. This Will be:

= $16 - $6.40.

= $9.60

The new price is $9.60

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2 years ago
PLEASE HELP GIVING BRAINLY!
Naya [18.7K]

Answer:

Opposite angles are equal, all add to 360:

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4 0
2 years ago
Help. Was not here today.
Elza [17]
If 205 is a posible answer I think thats's it
Because it's just like multiplucation 41x1=41
                                                        42x2=82.......etc.
                                                       42x5=205
6 0
3 years ago
Checkpoint
kolezko [41]
1:4✔

2 to 8✖

41 ✖

12 to 3 ✖

1872 ✖

✖ = not correct

✔ = correct

▶So, step 1: We have to divide by the number 9 to find the result of the equivalent ratio.

▶This is what I am saying in other words ⬇

9 ÷ 9 ➡1
36 ÷ 9 ➡4

Anyhow, the answer for the question would have to be option A. 1:4

Good luck!
7 0
2 years ago
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