Mathematics, 13.03.2021 08:10, Powerhickory1313

If p dollars is invested at interest rate r, compounded annually, for t years, the investment grows to A dollars, where A=P(1+r)t. Tever's parents deposit $7700 in a savings account when Trevor is 16 year old. The principal plus interest is to be used for a truck when Trevor is 18 years old. Find the interest rate r if the $7700 grows to $9024.75 in 2 years.

Answers: 2

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 17:30, NarutoBeast8049

For each proportion find the unknown number x 1/5/8=×/15

Answers: 1

continue

Mathematics, 21.06.2019 20:10, Nina0016

Suppose g(x) = f(x + 3) + 4. which statement best compares the graph of g(x) with the graph of f(x)?

Answers: 2

continue

Mathematics, 21.06.2019 20:30, GreenHerbz206

Tom is the deli manager at a grocery store. he needs to schedule employee to staff the deli department for no more that 260 person-hours per week. tom has one part-time employee who works 20 person-hours per week. each full-time employee works 40 person-hours per week. write and inequality to determine n, the number of full-time employees tom may schedule, so that his employees work on more than 260 person-hours per week. graph the solution set to this inequality.

Answers: 1

continue

Mathematics, 21.06.2019 22:30, CatelynBGray

Aaron invested a total of $4,100, some in an account earning 8% simple interest, and the rest in an account earning 5% simple interest. how much did he invest in each account if after one year he earned $211 in interest? select one: a. $200 at 8%, $3,900 at 5% b. $3,200 at 8%, $900 at 5% c. $900 at 8%, $3,200 at 5% d. $3,900 at 8%, $200 at 5%

Answers: 1

continue

Do you know the correct answer?

If p dollars is invested at interest rate r, compounded annually, for t years, the investment grows...