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
kondaur [170]
2 years ago
10

I do not understand how they got this answer. I am stuck on the exponent party- Please see attached

Mathematics
1 answer:
Black_prince [1.1K]2 years ago
7 0

Looking at the question, the answer gotten is:$4316.55. The question is related to compound interest.

<h3>What is compound interest?</h3>

Compound interest is known to be the interest that is earned on a principal sum in addition to the accumulated interest previously. It is as a result of reinvesting interest.

To find the compound interest, the formula used is:

A= P(1+r/n)^nt.

Where

P is the principal sum= $3500

r is the rate = 0.035

n is the compounding period = 12 months.

t is the time = 6 years.

Substituting them in the equation, we have:

A = 3500 ( 1 + 0.035/12)^12×6

Working out the one in the bracket and multiplying the exponent, we have:

A = 3500 (1.00291667)^72

Note: We got 72 by multiplying 12 by 6.

1.00291667 raised to the power of 72 = 1.23330133

A = 3500× 1.23330133 = $4,316.55

Ans: $4,316.55

Learn more about compound interest on brainly.com/question/24274034

You might be interested in
PLEASE HURRY I HAVE 3 mins left Which relationship could be the one shown on the graph?
ss7ja [257]

Option A

Must click thanks and mark brainliest

Sorry if i am wrong

4 0
2 years ago
B(n)=−4−2(n−1)<br> What's the 12th term in the sequence?
marysya [2.9K]

The 12th term in the sequence is -26.

Given,

B (n) = -4 – 2(n – 1)

We have to find the 12th term in the sequence:

To find the nth term in an arithmetic sequence:

An arithmetic sequence's nth term is determined by the formula a = a + (n - 1)d. The common difference, or d, is the difference between any two consecutive terms in an arithmetic series; it can be calculated by deducting any pair of terms starting with a and an+1.

Here,

First term, a = -4

Common difference, d = -2

nth term = 12

Now, let’s find 12th term

B(n) = -4 -2(n – 1)

B(12) = -4 – 2(12 – 1)

B(12) = -4 -2(11)

B(12) = -4 -22

B(12) = -26

That is, the 12th term in the sequence is -26.

Learn more about arithmetic sequence here:

brainly.com/question/11570734

#SPJ1

8 0
1 year ago
7/8 of a rectangle is colored red. Damien cuts this red part into a number of pieces so that each piece is 1/24 of the whole rec
Viktor [21]

Answer: 21

Step-by-step explanation: All he did was took the amount of red and gave it a ratio of 7:1 meaning that he will increase the amount of red and make it 21 because the number 8 increased by 3 so 7 must increase by 3 as well.

6 0
2 years ago
Find an expression which represents the sum of (10x−7y) and (7x-8y) in simplest terms.
Juli2301 [7.4K]

Answer:

17x - 15y

Step-by-step explanation:

(10x - 7y) + (7x -8y)

17x - 15y

8 0
2 years ago
For any graph of a hyperbola, which of the following statements describes the locations of the foci, vertices, and center with r
jonny [76]

A and D because they are both related unlike C and D.

4 0
3 years ago
Other questions:
  • An object is launched vertically upward from a 25 foot platform and is modeled by the function s(t)=−16t2+11t+25.
    12·1 answer
  • The figure shows two parallel lines PQ and ST cut by the transversals PT and QS.
    5·2 answers
  • Fraction Problems
    9·1 answer
  • Describe how to write 6,397,000,000 in scientific notation.
    10·1 answer
  • A water company charges a connection fee each month of $22 and an additional $2.30 per cubic foot of water used. Which function
    14·2 answers
  • What is the surface area of a cube in which each face of the cube has an area of 7 cm^2?
    7·1 answer
  • PLEASE SOMEONE DO THIS FOR ME: Determine the x - and y - intercepts of the following linear function: 4x + 8y =16
    10·2 answers
  • A family of 3 got 3 entrees, and 2 desserts, what is the probability that they might get the cake, and chicken dumplings?​
    14·1 answer
  • 1. Gummy worms are $3.50 per pound
    15·1 answer
  • Kareem said that four fifths of his age is 16years how old is Kareem?
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!