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2 years ago

How much money will you have in 6 months if you invest $1000 at 3% compounded monthly?

1 answer:

8 0

The total amount accrued, principal plus interest, with compound interest on a principal of $1,000.00 at a rate of 3% per year compounded 12 times per year over 0.5 years is $1,015.09.

<h3>Compound Interest</h3>

Given Data

Principal = $1000

Rate = 3%

Time = 6 months = 0.5 years

First, convert R as a percent to r as a decimal

r = R/100

r = 3/100

r = 0.03 rate per year,

Then solve the equation for A

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

A = 1,000.00(1 + 0.03/12)^(12)(0.5)

A = 1,000.00(1 + 0.0025)^(6)

A = $1,015.09

Learn more about compound interest here:

brainly.com/question/24924853

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Simplify the polynomial. Then find its value for the given value of the variable.

vekshin1

Answer:

Step-by-step explanation:

Simplified expression:

$3x^3 -x^3 +5x^3-9x^3$

$2x^3 +5x^3-9x^3$

$7x^3 -9x^3$

$-2x^3$

If x = -1, the value of the expression is:

$-2x^3$

$-2(-1^3)$

$-2(-1)$

$2$

Hope this helps!

3 0

2 years ago

Help please idk how to do this

OverLord2011 [107]

I hope this helped and have a great day.

You need to times 2/3 twice

-2/-3 * -2/3

3 0

3 years ago

A building makes a 90° angle with the ground. A ladder leans against the building, making a 110° exterior angle with the ground.

liberstina [14]

<u>Answer:</u>

A building makes a $90^{\circ}$ angle with the ground .The two interior angles are $70^{\circ}$ and $20^{\circ}$

<u>Solution: </u>

Given, a ladder which is against the building wall makes an exterior angle of $110^{\circ}$

And building makes a $90^{\circ}$ angle with the ground.

So, altogether it makes a right angle triangle with ladder as hypotenuse and ground as base leg and building as another leg.

Now, we know that, sum of exterior angles and interior angles equals to $180^{\circ}$

Here, in the case of ground and ladder, exterior angle is $110^{\circ}$ and interior angle is unknown.

Exterior angle + interior angle = 180

110 + interior angle = 180

Interior angle = 180 – 110

Interior angle = $70^{\circ}$

We have found one of the two interior angles of right angle triangle.

We know that, sum of angles in a triangle is 180 degree

Known Interior angle + unknown interior angle + right angle = 180

70 + unknown interior angle + 90 = 180

Unknown interior angle + 160 = 180

Unknown interior angle = 180 - 160

Unknown interior angle = $20^{\circ}$

Hence the two interior angles are $70^{\circ}$ and $20^{\circ}$

7 0

3 years ago

Charles has $1600 dollars in his account and makes automatic $400

kipiarov [429]

1600(-400)= f is the y axis and -400 because its taking money from his account

3 0

3 years ago

If (ax+2)(bx+7)=15x2+cx+14 for all values of x, and a+b=8, what are the 2 possible values fo c

dolphi86 [110]

Given:

$(ax+2)(bx+7)=15x^2+cx+14$

And

$a+b=8$

Required:

To find the two possible values of c.

Explanation:

Consider

$\begin{gathered} (ax+2)(bx+7)=15x^2+cx+14 \\ abx^2+7ax+2bx+14=15x^2+cx+14 \end{gathered}$

$\begin{gathered} ab=15-----(1) \\ 7a+2b=c \end{gathered}$

And also given

$a+b=8---(2)$

Now from (1) and (2), we get

$\begin{gathered} a+\frac{15}{a}=8 \\ \\ a^2+15=8a \\ \\ a^2-8a+15=0 \end{gathered}$ $a=3,5$

Now put a in (1) we get

$\begin{gathered} (3)b=15 \\ b=\frac{15}{3} \\ b=5 \\ OR \\ b=\frac{15}{5} \\ b=3 \end{gathered}$

We can interpret that either of a or b are equal to 3 or 5.

When a=3 and b=5, we have

$\begin{gathered} c=7(3)+2(5) \\ =21+10 \\ =31 \end{gathered}$

When a=5 and b=3, we have

$\begin{gathered} c=7(5)+2(3) \\ =35+6 \\ =41 \end{gathered}$

Final Answer:

The option D is correct.

31 and 41

8 0

1 year ago