In an investment account what if $2000 is invested. What is the value after 3 years if compounded monthly by 6% ?

Answers

Answer 1

Answer:
Compound interest formula A = P(1 +r/100)^n
A = Amount
r = rate = 6
n = number of compounding time.
P = Principal = $2000.
Since we are compounding monthly, r = 6% p.a = (6/12)% per month.
n= 3 years = 3*12 = 36 months.
Note that since we are compounding monthly, our time would be in months.
A = P(1 +r/100)^n
A = 2000 * (1 + (6/12)/100 )^36
A = 2000 * (1 + 6/1200)^36
A = 2000 * (1 + 0.005)^36 Use your calculator
A = 2000 * (1 .005)^36 = 2393.36
Amount = $2 393.36
That's it. Cheers.

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Given 2x - y = 6, solve for y

Answers

This is not possible, however it can only be an even number.

there can be many possibilities example if x = 4 and y = 2 .

At a school fete, Nicole buys 5 books and 2 CDs for $50, and Sharyn buys 2 books and 3 CDs for $31. Find the price of i. A book
ii. A CD

Answers

Answer:

One book equals $8 and one CD equals $5

Step-by-step explanation:

Let books be denoted as 'x' and CDs as 'y'

5x + 2y = 50 ...1

2x + 3y = 31 ...2

I usually eliminate the y variable, and to do this, you multiply the first equation by 3 and the second equation by 2, because the lowest common multiple between 2 and 3 is 6.

...1*3 and ...2*2

15x + 6y + 150 ...3

4x + 6y = 62 ...4

Eliminate y by taking ...4 away from ...3

15x - 4x = 150 - 62

11x = 88

x = 8

Sub this value into ...1

5(8) + 2y = 50

40 + 2y = 50

Rearrange

2y = 50 - 40

2y = 10

y = 5

This means that one book is $8 and one CD equals $5

Answer:

Book = $8 each

CD = $5 each

8 x 5 = 40

2 x 5 = 10

= 50

8 x 2 = 16

5 x 3 = 15

= 31

Please mark as brainliest.

Find the length of the base of a square pyramid if the volume is 128 cubic inches and has a height of 6 inches. Use 3.14 for pi and round your answer to the nearest hundredth.A. 4 inches
B. 8 inches
C. 16 inches
D. 24 inches

Answers

h=6
V=128
a=√(3(V/h))a=8
base length = 8

The problem ask to find and calculate the base of a square pyramid if the volume is 128 cubic inches and has a height of 6 inches. Base on that data, I came up with a solution that leads to my answer and the answer among the choices is letter B. 8 inches

Jack is running for city mayor. He stops the first 10 people on the street and asks them what their biggest concern for the city is. Six of the people say higher taxes are their biggest concern. Jack concludes that most people in the town think higher taxes are the biggest concern. Jack's conclusion is A) valid. Jack asked enough people.
B) invalid. Jack did not ask enough people.
C) incorrect. Six of ten people is not a majority.
D) bias. Jack does not want to raise taxes and is looking for support

Answers

Jack's conclusion is B. INVALID. JACK DID NOT ASK ENOUGH PEOPLE.

A city has a population of millions and 10 people is not even a relevant sample of the population. Thus, the conclusion he has drawn based from his interview is insufficient.

Answer:

It is B

Step-by-step explanation:

did on usa testprep and got it right

36 is 0.09% of what number