1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mario62 [17]
2 years ago
10

100 Points ! ! !

Mathematics
2 answers:
Andrews [41]2 years ago
8 0

$3299.62

  • compounded daily interest : \sf A = P(1 + \dfrac{r}{n})^{nt}

  • \sf  9,824.00(1 + \dfrac{3.62\%}{365})^{(365)(8)}

  • \sf \$13,123.62

total money he will have : $13,123.62

  • amount earned : $13,123.62 -  $9,824 = $3299.62
Semenov [28]2 years ago
4 0

Answer:

Interest = $3,299.64 (nearest cent)

Step-by-step explanation:

Compound interest formula:  \sf I=P(1+\frac{r}{n})^{nt}-P

where:

  • I = total interest earned over time period
  • P = initial principal balance
  • r = interest rate (in decimal form)
  • n = number of times interest applied per time period
  • t = number of time periods elapsed

Given:

  • P = $9,824
  • r = 3.62% = 0.0362
  • n = 365
  • t = 8 years

Substituting given values into the formula and solving for I:

\sf \implies I=9824(1+\frac{0.0362}{365})^{365 \times8}-9824

\sf \implies I=13123.62461-9824

\sf \implies I=3299.62 \ (nearest \ hundredth)

You might be interested in
How does the area of the polygons compare to π? ( π is 3.14)
soldi70 [24.7K]

The area of the polygons compare to π in the way that as more angles and sides are added to a polygon the polygon becomes closer to a circle; the perimeter slowly changes to circumference. Π is used to find the area and circumference of a circle, so as polygons come closer to becoming circles π becomes more strongly associated to the polygon. You can even use π to find the approximate area of a circle if you use the same formula (as you would to find the area of a circle) on a polygon. Another way to go about it is like this…

You can find the area of a circle if you know the circle’s circumference by using these steps:

<span>1.         Divide the circumference by π to find the diameter of the circle.</span>

<span>2.         Divide the diameter by 2 to find the radius of the circle.</span>

<span>3.         Now that you have the radius you can use the formula Area= πr2 to find the area of the circle.</span>


5 0
3 years ago
Read 2 more answers
The value of x satisfying both the equations 4x – 5 = y and 2x – y = 3, when y = -1 is
schepotkina [342]

Answer:

x = 1

Step-by-step explanation:

4x-5=y

4x-5= -1

4x = -1+5

4x=4

x=1

2x-y=3

2x-(-1)=3

2x+1=3

2x= 3-1

2x= 2

x=1

since the two answers for x are the same therefore:

x = 1

4 0
3 years ago
A slope of - 5/3 passes through (-6, 8)
Kobotan [32]

Answer:

y=-5/3x-2

Step-by-step explanation:

7 0
2 years ago
Read 2 more answers
Keegan had 3.25 pounds of flour. After making bread, he had 1.75 pounds of flour left over. i know its 1.5 but whats the Equatio
astraxan [27]

Answer:

3.25 - 1.75 = 1.50 pounds of flour

Step-by-step explanation:

7 0
3 years ago
Area of the circle<br> attachment below
Galina-37 [17]

Answer:

Area of the circle =  49 π cm² = 153.86cm²

Step-by-step explanation:

Given that the diameter of the circle

                                    d = 14

The radius of the circle

                    r = \frac{d}{2} = \frac{14}{2} = 7

Area of the circle

                     A = πr²

                    A = 3.14 ×(7)²

                   A = 153.86 cm²

4 0
2 years ago
Other questions:
  • Please help me out with the question in the photo. Thank you so much! Will award brainliest.
    6·1 answer
  • Choose all correct answers. Which of the following are solutions of the system? y &lt; 3 and x + y &gt; 8
    11·1 answer
  • 36 is 40% of what number?
    9·2 answers
  • Graph a line that contains the point (-5,-3)(−5,−3)left parenthesis, minus, 5, comma, minus, 3, right parenthesis and has a slop
    13·1 answer
  • PLZ HELP WITH THIS, I'LL MARK BRAINLIEST
    5·2 answers
  • 9x + 3y - 7x - 8y =
    12·2 answers
  • You have $8 and earn $1.25 for each health bar you sell. Write an equation in two variables that represent the total amount A (i
    12·1 answer
  • A theater has 10 rows of seats with
    15·1 answer
  • Which formula represents a linear function?
    7·1 answer
  • The linear function that is represented by which table has the same slope as the graph? (the tables are the choices)
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!