Ask question

Ask question

All categories

2 years ago

10

Prem has $45000 to invest for 1 year. The bank tells him the interest rate is 6%. Calculate how much the investment is worth at

the end of the year…
1) If the interest is paid every 6 months
2) If interest is paid quarterly

1 answer:

il63 [147K]2 years ago

5 0

Answer:

1) $47,740.50

2) $47,761.36

Step-by-step explanation:

hope this helps :)

You might be interested in

A line passes through the point (-6,9) and has a slope of 3/2. Write an equation in slope-intercept form for this line.

BaLLatris [955]

Answer:

y=3/2x+18

Step-by-step explanation:

Hi there!

We are given a point (-6,9) and a slope of 3/2

We want to write the equation of this line in slope-intercept form

Slope-intercept form is written as y=mx+b, where m is the slope and b is the y intercept

Since we already know the slope of the line as 3/2, we can substitute it as m into the equation:

y=3/2x+b

Now let's find b

Since the equation of the line passes through (-6,9), we can use it to help solve for b

Substitute -6 as x and 9 as y:

9=3/2(-6)+b

Multiply

9=-9+b

Add 9 to both sides

18=b

Substitute 18 as b into the equation.

y=3/2x+18

Hope this helps!

7 0

2 years ago

What is 7/10 - 1/10 in its simplest form

Elenna [48]

3/5 cause you get the lowest common denominator

4 0

2 years ago

Read 2 more answers

Given: ABCD is a parellelogram.<br><br> Prove: AB=CD and BC=DA

ozzi

Answer:

Step-by-step explanation:

We have given a parallelogram ABCD.

For a parallelogram,

Opposite pair of sides are parallel to each other.

i.e AD is parallel to BC and AB is parallel to CD.

From the attached figure,

∡1 = ∡4 and ∡2 = ∡3 {If two parallel lines cut by a transversal line then alternate interior angles are congruent }

Next, AC ≅ AC {Reflexive identity}

hence, ΔABC ≅ ΔCDA , By Angle-Side-Angle(ASA) congruent property of triangle.

Therefore, AB = CD and AD = BC {Proved}

6 0

3 years ago

Read 2 more answers

What is the value (total) of 14+10+(-14)

Dima020 [189]

Answer:

10

Step-by-step explanation:

14+10=24-14=10

8 0

3 years ago

Read 2 more answers

2 2/3 + 12 6/8 how do I work this

barxatty [35]

Answer:

$\large\boxed{2\dfrac{2}{3}+12\dfrac{6}{8}=15\dfrac{5}{12}}$

Step-by-step explanation:

$2\dfrac{2}{3}+12\dfrac{6}{8}=2\dfrac{2}{3}+12\dfrac{6:2}{8:2}=2\dfrac{2}{3}+12\dfrac{3}{4}\\\\\text{Find}\ LCD:\\\\\text{List of multiples of 3:}\ 0,\ 3,\ 6,\ 9,\ \boxed{12},\ 15,\ ...\\\text{List of multiples of 4:}\ 0,\ 4,\ 8,\ \boxed{12},\ 16,\ ...\\\\12=3\cdot4\\\\\text{therefore}\\\\\dfrac{2}{3}=\dfrac{2\cdot4}{3\cdot4}=\dfrac{8}{12}\\\\\dfrac{3}{4}=\dfrac{3\cdot3}{4\cdot3}=\dfrac{9}{12}\\\\2\dfrac{2}{3}+12\dfrac{3}{4}=2\dfrac{8}{12}+12\dfrac{9}{12}=(2+12)+\dfrac{8+9}{12}=14+\dfrac{17}{12}\\\\=14+1\dfrac{5}{12}=15\dfrac{5}{12}$

3 0

3 years ago