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ludmilkaskok [199]
2 years ago
10

Find the inverse of each function.

Mathematics
1 answer:
Temka [501]2 years ago
4 0

Answer:

dunno

Step-by-step explanation:

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You deposit $300 in a savings account that pays 6% interest compounded semiannually. How much will you have at the middle of the
Makovka662 [10]

Answer:

  • The total amount accrued, principal plus interest,  from compound interest on an original principal of  $ 300.00 at a rate of 6% per year  compounded 2 times per year  over 0.5 years is $ 309.00.

  • The total amount accrued, principal plus interest,  from compound interest on an original principal of  $ 300.00 at a rate of 6% per year  compounded 2 times per year  over 1 year is $ 318.27.

Step-by-step explanation:

a)  How much will you have at the middle of the first year?

Using the formula

A\:=\:P\left(1+\frac{r}{n}\right)^{nt}

where

  • Principle = P
  • Annual rate = r
  • Compound = n
  • Time  = (t in years)
  • A = Total amount

Given:

Principle P = $300

Annual rate r = 6% = 0.06 per year

Compound n = Semi-Annually = 2

Time (t in years) = 0.5 years

To determine:

Total amount = A = ?

Using the formula

A\:=\:P\left(1+\frac{r}{n}\right)^{nt}

substituting the values

A=300\left(1+\frac{0.06}{2}\right)^{\left(2\right)\left(0.5\right)}

A=300\cdot \frac{2.06}{2}

A=\frac{618}{2}

A=309 $

Therefore, the total amount accrued, principal plus interest,  from compound interest on an original principal of  $ 300.00 at a rate of 6% per year  compounded 2 times per year  over 0.5 years is $ 309.00.

Part b) How much at the end of one year?

Using the formula

A\:=\:P\left(1+\frac{r}{n}\right)^{nt}

where

  • Principle = P
  • Annual rate = r
  • Compound = n
  • Time  = (t in years)
  • A = Total amount

Given:

Principle P = $300

Annual rate r = 6% = 0.06 per year

Compound n = Semi-Annually = 2

Time (t in years) = 1 years

To determine:

Total amount = A = ?

so using the formula

A\:=\:P\left(1+\frac{r}{n}\right)^{nt}

so substituting the values

A\:=\:300\left(1+\frac{0.06}{2}\right)^{\left(2\right)\left(1\right)}

A=300\cdot \frac{2.06^2}{2^2}

A=318.27 $

Therefore, the total amount accrued, principal plus interest,  from compound interest on an original principal of  $ 300.00 at a rate of 6% per year  compounded 2 times per year  over 1 year is $ 318.27.

3 0
3 years ago
What number can go into 21 and 27
astra-53 [7]

3 only

Hope this helps

4 0
2 years ago
Read 2 more answers
Solve the literal equation for x. <br><br> k= nx - 3x
Amiraneli [1.4K]

answer:X=k/n-3

explain:move all terms to the left side and set equal to zero. then set each factor equ to zero!

I hope this helps

7 0
2 years ago
Read 2 more answers
How many leaves on a tree diagram are needed to represent all possible combinations tossing a coin 3 times?
Anika [276]
N = 3 is the number of times the coin is tossed. Since there are 2 outcomes per toss, this means that there are 2^n = 2^3 = 2*2*2 = 8 outcomes total. Therefore, there are 8 leaves total. 

If we make
H = heads
T = tails

Then here are the 8 outcomes in the sample space
HHH
HHT
HTH
THH
HTT
THT
TTH
TTT


8 0
3 years ago
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The distance between my house and Memphis is 150 km. If I drive in my car, it takes me 72 min to make the first 100 km of the dr
Cloud [144]

Set up a ratio:

You drove 72 minutes and 100 km = 72/100

You want the number of minutes (x) to drive 150 km = x/150

Set the ratios to equal each other and solve for x:

72/100 = x/150

Cross multiply:

(72 * 150) = 100 * x)

Simplify:

10,800/100x

Divide both sides by 100:

x = 10800/100 = 108

This means it would take 108 minutes to drive 150 km.

Now subtract the time you have already driven to fin how much more you need:

180 - 72 = 36 more minutes.

4 0
3 years ago
Read 2 more answers
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