All categories

3 years ago

Jimmy invests $7,000 in an account that pays 3% interest compounded semi-annually. What is his balance after 8 years?

Mathematics

1 answer:

Bumek [7]3 years ago

7 0

Answer:

$8882.9

Step-by-step explanation:

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

Given:P=7000, r=(3÷100%)=0.03 , n=2, t=8

A = 7000(1+(.03/2))^(2×8)

A = 7000 (1+0.015)^16

A = 7000 × 1.015^16

A = $8882.9

You might be interested in

A container contains 10 diesel engines. the company chooses 8 engines at random, and will not ship the container if any of the

lions [1.4K]

Answer:

16/25

Step-by-step explanation:

We just have to find the probability that the 8 non-defects are chosen.

1. Chance first defect is undetected: 8/10 = 4/5

2. Chance second defect is undetected: 4/5

3. Total probability': 4/5 * 4/5 = 16/25

7 0

3 years ago

4x-3 (x-2y) + 1/2 (6x-8y)

Neporo4naja [7]

4x+2y i hope that helps :3

6 0

3 years ago

Read 2 more answers

Which relation is a function of x? 1 {(1,2), (7, 6), (3, 2), (1, 0), (5, 6)}. 3. x=3y²–7

avanturin [10]

9514 1404 393

Answer:

The given graph shows a function of x.

Step-by-step explanation:

Neither 1 nor 3 is a single-valued relation for some values of x. The graph shown passes the vertical line test, so does represent a function.

The graph is a relation that is a function of x.

___

The attached graph is of the equation of 3. A vertical line will intersect the graph in more than one place, so the relation is NOT a function.

4 0

3 years ago

Factoring completely

Marianna [84]

This is called a difference of squares which always factors according to the rule for factoring the difference of squares....

(a^2+b^2)=(a+b)(a-b) in this case:

9w^2-16 so

(3w-4)(3w+4)

4 0

3 years ago

In your job at a restaurant, you made a 12-cup pot of coffee at 7:20 a.m. By 7:40 a.m., you had served it all and had to make an

Anarel [89]

Answer:

36 cups

Step-by-step explanation:

every 20 minutes you make 12 cups. 20×3=60, which is 1 hour. You will meed to make 3 pots of coffee that are 12 cups each, 3×12=36

3 0

3 years ago

Read 2 more answers