Answer:
The total amount after 2 years of Joann's investment at a rate of 6% compounded annually is US$ 48.314.80 (rounded to the nearest cent)
Step-by-step explanation:
1. Let's review the data given to us for answering the question:
Investment amount = US$ 43,000
Duration of the investment = 2 years
Annual interest rate = 6% compounded annually
2. Let's find the future value of this investment after 2 years, using the following formula:
FV = PV * (1 + r) ⁿ
PV = Investment = US$ 43,000
number of periods (n) = 2 (2 years compounded annually)
rate (r) = 6% = 0.06
Replacing with the real values, we have:
FV = 43,000 * (1 + 0.06) ²
FV = 43,000 * (1.06) ²
FV = 43,000 * 1.1236
FV = US$ 48.314.80
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Answer: The truck is worth of $27508 after 2 years.
Step-by-step explanation:
Since we have given that
The value in dollars v(x), of a certain truck after x years is represented by the equation :
We need to find the price of the truck after 2 years,
so, x= 2
So, we put the value of x = 2 in the above equation:
Hence, the truck is worth of $27508 after 2 years.
Answer:
$27508
Step-by-step explanation:
.92^2 is .8464, .8464 •32500 is 27508!
Answer
0.99
Explanation
Point A forms a right triangle.
Hypotenuse, c = 1 unit
Base length, x = 0.12 units
Then using the Pythagoras theorem,
y² = c² - x²
y² = 1² - 0.12²
= 2 - 0.0144
= 0.9856
y = √0.9856
= 0.992773891
Answer to the nearest hundredths is 0.99.
we are given
Point A lies on the circumference of the unit circle
so, we can write equation of circle as
now, we are given
so, we can plug it in equation and find y
Since, point-A lies in first quadrant
so, both x-value and y-value will be positive
so, we get
.............Answer