Suppose the annual interest rate is 7.5% and the interest is compounded annually. How much will an investment of $1,000 be worth after 3 years?

Answers

Answer 1

The value of an investment with $1000 as principal amount compounding annually for 3 years with interest rate 7.5% is $1242.29

What is interest rate?

The interest rate is the amount that the lender charges the borrower and is the principal - a percentage of the loan amount. Loan interest rates are usually quoted on an annual basis known as the annual rate (APR). 

Solution according to the given information in the question:

Given, Principal = $1000

           Time = 3 years

           Interest rate = 7.5%

∴ Amount = P×(1 + r/100)³

                 = 1000×(1 + 7.5/100)³

                 = 1000×(1 + 0.075)³

                 = 1000×(1.075)³

                 = 1000 × 1.24

Amount   = $1242.29

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Related Questions

If
α
and
β
are the other angles of a right angled triangle, show that
sin2α=sin2β
. 13 Write
3sinx−5cosx
in the form
kcos(x+a)
where
k>0
and
0

Answers

In a right-angled triangle, the sum of two acute angles is equal to 90°.

So if α and β are the two acute angles of a right-angled triangle, then α + β = 90°.Using the formula for sin of the difference of two angles, we can write:sin2α = sin(90° − β) = sin90°cosβ − cos90°sinβ = cosβsin2β = sin(90° − α) = sin90°cosα − cos90°sinα = cosαSince sin2α = cosβ and sin2β = cosα, we can conclude that sin2α = sin2β.Now, let's write 3sinx − 5cosx in the form kcos(x+a). Using the formula for cos of the sum of two angles, we can write:3sinx − 5cosx = kcos(x+a) = k(cosxcos a − sinxsin a)Equating the coefficients of sinx and cosx, we get:−5 = kcos a3 = −ksin aSquaring and adding these equations, we get:25 + 9 = k^2(cos^2a + sin^2a) = k^2So k = √34.Taking the ratio of the two equations, we get:−5/3 = cos a/sin a = 1/tan aSo tan a = −3/5.Using the inverse tangent function, we get:a = tan^−1(−3/5)So the final answer is:kcos(x+a) = √34cos(x + tan^−1(−3/5)).

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Mary simplified the algebraic expression 2/3x + 1/4x as shown below.

Answers

Answer:

she added the denominator

Step-by-step explanation:

Answer:

She added the numerators and denominators. This is not correct.

Step-by-step explanation:

[tex]x(\frac{2}{3} +\frac{1}{4} )=x(\frac{8+3}{12} )[/tex]

[tex]=\frac{11}{12} x[/tex]

Hope this helps.

10 Points if someone gets right

Given the fraction of 1/8

What is the decimal value? What is it's value written as a percent?

Answers

Answer: 0.125 and 12.5%

Step-by-step explanation:

To convert any fraction to decimal form, we just need to divide its numerator by the denominator.

Here, the fraction is 1/8 which means we need to perform 1 ÷ 8.

This gives the answer as 0.125. So, 1/8 as a decimal is 0.125

To get its percentage form, you simply multiply the obtained decimal value by 100:

0.125 x 100 = 12.5

are 4 green marbles, 2 white marbles, and 5 brown marbles in a the probability of choosing a green marble and then a brown, if T put the green marble back in the jar? the correct word to fill in the blank. Simple probability is the ity that event occurs.

Answers

4/11

The probability of choosing a green marble followed by a brown marble is 4/11. Simple probability is the likelihood that an event occurs, and in this case the likelihood is 4/11. This is calculated by taking the total number of green marbles (4) divided by the total number of marbles in the jar (11).

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Find the length of the segment indicated. Round your answer to the nearest tenth if necessary.

Answers

The length of the segment indicated is 8.

What is congruence?

In geometry, two figures or objects are said to be congruent if their shapes and sizes match, or if one is the mirror image of the other.

Here, two right-angled triangles are given. In a right-angled triangle, the sides are the same, and it can be proved by congruence triangle rules.

The two angles are congruent if they are complements of the same angle (also known as congruent angles). Congruent angles are all just angles.

So, the sides' hypotenuse is 8 which is equal to x. So the value of x is 8.

Thus, the length of the segment indicated is 8.

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To get the 10% discount, a shopper must spend at least $500.
Use d to represent the spending (in dollars) of a shopper who gets the discount.


The cruising speed of the bullet train will be no less than 130 miles per hour.
Use s to represent the train's cruising speed (in miles per hour).

Answers

Answer:

d>500

t>130

Step-by-step explanation:

For the first problem:

we must set up an inequality to answer :D soooo:

d>500

the same thing goes for the second one:

t>130

Hope this is right!

The diagram shows two squares overlapping.
Work out the size of the angle marked z.

Answers

The measure of the angle ∠Z will be 88°.

What is geometry?

Geometry is the study of two-dimensional and three-dimensional figures such as quadrilaterals, triangles, circles, their sides, and angles. Symmetry is defined as if the object is cut by its centre line the two cut parts should be the mirror image of each other so that we can call them symmetric to each other.

Given that the two angles are (9p + 20)° and (7p + 32 )°. The value of angle z is calculated as,

9p + 20 + 7p + 32 = 180

16p = 180 - 20 - 32

16p = 128

p = 8

The measure of the angle ∠Z will be,

9p + 20 + ∠Z= 180

72 + 20 + ∠Z= 180

∠Z = 180 - 72 - 20

∠Z = 88°

Therefore, the angle ∠Z is 88°.

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Please show your work.

Answers

The length of segment CB in trapezoid CBAD is 11.

What is trapezoid?

In a trapezoid, the midsegment is the line segment that joins the midpoints of the two non-parallel sides. In this case, KJ is the midsegment of trapezoid CBAD, which means that it is parallel to both CB and AD, and its length is equal to the average of the lengths of CB and AD.

We are given that;

CB=4x-13

KJ=6x-18

DA=25

we can use the formula for the midsegment of a trapezoid to set up an equation and solve for x:

KJ = (CB + AD) / 2

6x - 18 = (4x - 13 + 25) / 2

6x - 18 = (4x + 12) / 2

6x - 18 = 2x + 6

4x = 24

x = 6

Now that we have found the value of x, we can substitute it back into the expression for CB to find its length:

CB = 4x - 13 = 4(6) - 13 = 11

Therefore, the answer of the given trapezoid will be 11.

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Nicolas and Angela like to collect stamps. Nicolas has 48 stamps. This is 2 times 5 less than the number of stamps Angela has.
If Angela has a stamps, which equation can you use to find the number of stamps she has?

Answers

Answer:

Step-by-step explanation:

Let's use the variable "a" to represent the number of stamps Angela has.

From the problem, we know that Nicolas has 48 stamps, and that this is 2 times 5 less than the number of stamps Angela has. "2 times 5 less than the number of stamps Angela has" can be written as:

2(a - 5)

So the equation that relates the number of stamps Nicolas and Angela have is:

48 = 2(a - 5)

We can simplify this equation by first distributing the 2:

48 = 2a - 10

Then, we can add 10 to both sides of the equation:

58 = 2a

Finally, we can solve for a by dividing both sides by 2:

a = 29

Therefore, the equation we can use to find the number of stamps Angela has is:

2(a - 5) = 48

or, simplified:

a = 29

Activity Number of Participants Golfing 3(s-2) Snorkeling s Parasailing s+14 Surfing (1)/(2)(s+5)

Answers

The total number of participants in all the activities is represented by the expression 5.5s + 11.

The given information about the number of participants in each activity can be represented in the following table:

ActivityNumber of ParticipantsGolfing3(s-2)Snorkeling s Parasailings+14Surfing(1)/(2)(s+5)

To find the total number of participants in all the activities, we can add the number of participants in each activity:

Total number of participants = 3(s-2) + s + (s+14) + (1)/(2)(s+5)

Simplifying the expression gives:

Total number of participants = 5.5s + 11

Therefore, the total number of participants in all the activities is represented by the expression 5.5s + 11.

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8. Identify the mapping diagram that represents the relation and determine whether the relation is
a function.
(−2, −5), (−1, −3), (−2, 6), (5, 7)}

Answers

Answer:

Not a function

Step-by-step explanation:

For this to be a function there can not be 2 of the same x values.

Our points for this are (−2, −5), (−1, −3), (−2, 6), (5, 7)

Your x value is the number on the left side of the point=

When we look at our points we see that -2 is repeating for (-2,-5) and (-2,6)

If we plot these points on a graph and use the vertical line test we see that our line passes thru the 2 points.

So this is not a function  

Y is directly proportional to x. When x=400 and y=10. Calculate the value for y when x=450

Answers

[tex]\qquad \qquad \textit{direct proportional variation} \\\\ \textit{\underline{y} varies directly with \underline{x}}\qquad \qquad \stackrel{\textit{constant of variation}}{y=\stackrel{\downarrow }{k}x~\hfill } \\\\ \textit{\underline{x} varies directly with }\underline{z^5}\qquad \qquad \stackrel{\textit{constant of variation}}{x=\stackrel{\downarrow }{k}z^5~\hfill } \\\\[-0.35em] ~\dotfill[/tex]

[tex]\stackrel{\textit{"y" varies directly with "x"}}{y = k(x)}\hspace{5em}\textit{we also know that} \begin{cases} x=400\\ y=10 \end{cases} \\\\\\ 10=k(400)\implies \cfrac{10}{400}=k\implies \cfrac{1}{40}=k\hspace{5em}\boxed{y=\cfrac{1}{40}x} \\\\\\ \textit{when x = 450, what's "y"?}\qquad y=\cfrac{1}{40}(450)\implies y=\cfrac{45}{4}[/tex]

Write a story problem for the equation 50 ÷ 10.??

Answers

Answer: Hayley is hosting a party. She has 50 pieces of candy she wants to give to her 10 friends. How many pieces should each friend get so everyone receives the same amount?

(Algebraic and graphical modelling)

please hellpp

Answers

Ben's ball lands approximately 2.5 seconds after Andrew's ball.

How long after Andrew's does Ben's ball land?

Since the value of parameter a is -5 for both balls, the height of each ball follows the equation:

h(t) = -5t² + vt + h0

where;

h(t) is the height of the ball at time t, v is the initial velocity of the ball (in meters per second), and h0 is the initial height of the ball (in meters).

Let's assume that Andrew's ball is hit with an initial velocity of v1, and Ben's ball is hit with an initial velocity of v₂. We also know that Ben's ball reaches a maximum height 50% greater than Andrew's, which means that:

h_max2 = 1.5h_max1

At the maximum height, the velocity of the ball is zero, so we can find the time it takes for each ball to reach the maximum height by setting v = 0 in the equation for h(t):

t_max1 = v₁ / (2 x 5)

t_max2 = v₂ / (2 x 5)

Since Ben's ball reaches a maximum height that is 50% greater than Andrew's, we can write:

h_max2 = 1.5h_max1

-5(t_max2)² + v₂t_max2 + h0 = 1.5(-5(t_max1)² + v1 * t_max1 + h0)

Simplifying this equation, we get:

-5(t_max2)² + v₂t_max2 = -7.5(t_max1)² + 1.5v₁t_max1

We also know that Andrew's ball lands after 4 seconds, which means that h(4) = 0:

h(4) = -5(4)² + v1 * 4 = 0

-80 + 4v1 = 0

v1 = 80/4

v1 = 20 m/s

Solving these equations for t_max2 and v2, we get:

t_max1 = v1 / (2 x 5)

t_max1 = 20 / (2 x 5)  = 2 s

t_max2 = 1.5 * t_max1 = 3 s

v2 = 1.5 * v1 = 30 m/s

To find the time it takes for Ben's ball to land, we need to find the time t2 when h(t2) = 0.

We can use the equation for h(t) with v = v2, h0 = 0, and solve for t:

-5t² + v₂t = 0

-5t² + 30 = 0

5t² = 30

t² = 30/5

t² = 6

t = √6

t = 2.5 s

Therefore, Ben's ball lands approximately 2.5 seconds after Andrew's ball.

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unit rate of 3/4 quart per 1/2 ounce

Answers

Answer:

1.5 quarts/ounce

Step-by-step explanation:

I'll assume the question wants to know the simplified conversion factor for quarts and ounces.

((3/4)quart)/((1/2)oz))

Can be rewritten as:

(3/4)/(1/2) (quart/oz)

(3/4)/(1/2) can be written as:  (3/4)*(2/1)  [Invert the denominator and multiply]

(3/4)*(2/1) = (6/4)

(6/4) = (3/2)

(3/2) [or 1.5] quarts/ounce

he table shows the relationship between the values of x and y. Which of the following equations describes the relationship for the values in the table

Answers

The correct equation that describes the relationship in the table is option B, which is y = x2 + 3.

What is an equation?

An equation is a mathematical statement that expresses the relationship between two or more variables. Equations are used to solve problems and represent real-world relationships.

To understand why this is the correct equation, it is important to look at the values of x and y in the table. When x increases by one, the value of y increases by the same amount. This indicates that the relationship between x and y is one of direct proportionality, wherein the value of y is directly proportional to the value of x. This can be expressed mathematically as y = kx, where k is a constant.

We can also look at the values of x and y in the table to determine the value of k. When x increases from 2 to 3, the value of y increases from 7 to 17. This means that k = 10. This can be written as y = 10x.

The value of y when x = 0 is 3, which is the constant term. This can be written as y = 10x + 3.

Therefore, the equation that describes the relationship in the table is y = x2 + 3.

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what is 0.10 more than .62

Answers

Answer: 0.72

Step-by-step explanation:

0.62 + 0.10 = 0.72

(3 - 2y)^2 . thank you if answer this question.

Answers

Answer:

4y^2 - 12y + 9

Step-by-step explanation:

(3-2y)^2 = (3-2y) (3-2y)

Distribute:

3(3) + (3)(-2y) + (-2y)(3) + (-2y)(-2y)

= 9 -6y -6y +4y^2

Combine like terms:

4y^2 -12y + 9

I hope this helps!

Answer:

9 - 12y + 4y²

Step-by-step explanation:

(3 - 2y)²

= (3 - 2y)(3 - 2y)

each term in the second factor is multiplied by each term in the irst factor, that is

3(3 - 2y) - 2y(3 - 2y) ← distribute parenthesis

= 9 - 6y - 6y + 4y² ← collect like terms

= 9 - 12y + 4y²

determine the volume of a cone having a radius of 3 inches and the height of 12 inches. Use 3.14 and write the correct answer

Answers

The solution is, volume of cone is  =113.10.

What is volume of cone ?

The formula for the volume of a cone is ⅓ r^2h cubic units, where r is the radius of the circular base and h is the height of the cone.

here, given that,

a cone having a radius of 3 inches

and the height of 12 inches.

now, we have to find the volume of the cone having a radius of 3 inches and the height of 12 inches.

we know that,

Volume =  ⅓ r²h

now, substituting the values of r = 3 & h = 12, in formula of volume,

we get,

            V =1/3  9 * 12

             =113.10

Hence, volume of cone is  =113.10

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4. An ant leaves the origin at time zero, travelling along the positive x-axis at a speed of two Poincare units of length per second.
(a) Find the (Euclidean) coordinates of the ant’s position after 2 seconds.
(b) How long will it take the ant to pass the point (0.999, 0)?

Answers

(a) After 2 seconds, the ant's position in the  (Euclidean) coordinates is (4,0)

(b) To pass the point (0.999, 0), the ant needs 0.4995 seconds.

The ant is traveling along the positive x-axis at a speed of 2 Poincare units of length per second. This means that its position at any given time can be determined using the equation:

x = 2t

where x is the ant's position along the x-axis, and t is the time in seconds.

(a) To find the ant's position after 2 seconds, we can simply plug in t = 2 into the equation:

x = 2(2) = 4

So the ant's position after 2 seconds is (4, 0).

(b) To find how long it will take the ant to pass the point (0.999, 0), we can set x = 0.999 and solve for t:

0.999 = 2t

t = 0.999/2 = 0.4995

So it will take the ant 0.4995 seconds to pass the point (0.999, 0).

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Parallel lines p,q, and r are cut by transversal t. Which of these describes how to find the value of x?
(I didn't mean to click the one in orange

Answers

The value of x = 44.

An inner angle is known by what name?

Interior angles are those found within a polygon. For instance, a triangle has three interior angles. The phrase "angles limited in the interior area of two parallel lines when intersected by a transversal are known as interior angles" is the third definition of internal angles.

We must use the congruence of the alternate interior angles created by transversal t and parallel lines p and q in order to determine the value of x. Hence, we can construct the equation shown below:

180 - 2x = 3x - 40

When we simplify this equation, we obtain:

5x = 220

x thus equals 44.

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The average (arithmetic mean) of a, a + 1, and a + 2 is c, and the average of b, b + 1, and b + 2 is d. What is the average of c and d?

Answers

I think answer would be 3 is the average of c and d

Solve the inequality for x.
-2x-2<8

Answers

Answer:

x > 5

Step-by-step explanation:

-2x - 2 < 8

-2x < 10

x > 5

So, the answer is x > 5

HURRY PLEASE
Question 3.
Which of the following rational functions has a horizontal asymptote at y = 2 and vertical asymptotes at x = 3 and x = –4?

y equals x squared over the quantity x squared plus x minus 12 end quantity
y equals x squared over the quantity x squared minus x minus 12 end quantity
y equals 2 times x squared over the quantity x squared plus x minus 12 end quantity
y equals 2 times x squared over the quantity x squared minus x minus 12 end quantity

Answers

Step-by-step explanation:

so, let me retype this.

horizontal asymptote : y = 2

that means lim x going to ±infinity f(x) = 2.

vertical asymptotes :

x = 3

x = -4

that means the function must have these 2 points, where the expression leads to a division by 0 or something similar that would make the result undefined.

we got 4 functions :

A) y = x²/(x² + x - 12)

B) y = x²/(x² - x - 12)

C) y = 2x²/(x² + x - 12)

D) y = 2x²/(x² - x - 12)

so, for which ones we have y = 2 as limit when x goes against + or - infinity ?

that would be C and D.

A and B lead to x²/x² = 1 as limit for gigantic numbers.

C and D lead to 2x²/x² = 2 as limit.

remember, when x gets really, really big, the "±x - 12" part becomes irrelevant.

so, we look at C and D.

which one lead to a division by 0 at x = 3 and x = -4 ?

that would be C.

for x = 3

x² + x - 12 = 3² + 3 - 12 = 9 + 3 - 12 = 12 - 12 = 0

for x = -4

x² + x - 12 = (-4)² - 4 - 12 = 16 - 4 - 12 = 12 - 12 = 0

D with x² - x - 12 would have x = -3 and x = 4 as zeroes.

these are different asymptotes than requested.

so, C is the right answer.

The role of child laborers in Africa’s colonial-era diamond mines was the subject of research published in the Journal of Family History (Vol. 35, 2010). One particular mining company lured children to the mines by offering incentives for adult male laborers to relocate their families close to the diamond mine. The success of the incentive program was examined by determining the annual accompaniment rate, i.e., the percentage of wives (or sons or daughters) who accompanied their husbands (or fathers) in relocating to the mine. The accompaniment rates over the years 1939–1947 are shown in the table below.
a. Find the correlation coefficient relating the accompaniment rates for wives and sons. Interpret this value.
Year Wives Sons Daughters
1939 27.2 2.2 16.9
1940 40.1 1.5 15.7
1941 35.7 0.3 12.6
1942 37.8 3.5 22.2
1943 38 5.4 22
1944 38.4 11 24.3
1945 38.7 11.9 17.9
1946 29.8 8.6 17.7
1947 23.8 7.4 22.2
Source: Cleveland, T. "Minors in name only: Child laborers on the diamond mines of the Companhia de Diamantes de Angola (Diamang). 1917-1975." Journal of Family History, Vol. 35, No. 1,2010 (Table 1).

Answers

The correlation coefficient relating is 0.76 thath mean  the accompaniment rates for wives and sons is the accompaniment rate for wives increases, the accompaniment rate for sons also tends to increase.

To find the correlation coefficient relating the accompaniment rates for wives and sons, we can use the formula:

r = (nΣxy - (Σx)(Σy)) / √[(nΣx^2 - (Σx)^2)(nΣy^2 - (Σy)^2)]

Where:
- r is the correlation coefficient
- n is the number of observations (in this case, 9)
- x and y are the accompaniment rates for wives and sons, respectively
- Σxy is the sum of the products of x and y
- Σx and Σy are the sums of x and y, respectively
- Σx^2 and Σy^2 are the sums of x squared and y squared, respectively

Using the data from the table, we can calculate the following:

Σx = 27.2 + 40.1 + 35.7 + 37.8 + 38 + 38.4 + 38.7 + 29.8 + 23.8 = 309.5
Σy = 2.2 + 1.5 + 0.3 + 3.5 + 5.4 + 11 + 11.9 + 8.6 + 7.4 = 51.8
Σxy = (27.2)(2.2) + (40.1)(1.5) + (35.7)(0.3) + (37.8)(3.5) + (38)(5.4) + (38.4)(11) + (38.7)(11.9) + (29.8)(8.6) + (23.8)(7.4) = 1164.41
Σx^2 = 27.2^2 + 40.1^2 + 35.7^2 + 37.8^2 + 38^2 + 38.4^2 + 38.7^2 + 29.8^2 + 23.8^2 = 11491.89
Σy^2 = 2.2^2 + 1.5^2 + 0.3^2 + 3.5^2 + 5.4^2 + 11^2 + 11.9^2 + 8.6^2 + 7.4^2 = 349.98

Plugging these values into the formula, we get:

r = (9)(1164.41) - (309.5)(51.8) / √[(9)(11491.89) - (309.5)^2][(9)(349.98) - (51.8)^2] = 0.76

This value of r indicates a strong positive correlation between the accompaniment rates for wives and sons. This means that as the accompaniment rate for wives increases, the accompaniment rate for sons also tends to increase.

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How do the factors of a polynomial function relate to the graph of the function?

Answers

Hence, we can learn vital information about the behaviour and shape of a polynomial function's graph by scrutinising its factors and other characteristics.

How do the factors of a polynomial relate?

A polynomial function's factors include crucial details about the function graph. The factors specifically determine the locations where the graph intersects the x-axis, known as the function's roots or x-intercepts. By setting each factor to zero and calculating the associated value of x, these roots can be discovered.

The behaviour and structure of the graph are also influenced by the degree of the polynomial function, the signs of its leading coefficient, and other coefficients. The number of turning points in the graph, for instance, is determined by the degree of the polynomial function, whereas the concavity or convexity of the graph is determined by the leading coefficient and other coefficients' signs.

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hi can you guys help with this problem is you don't know don't answer

Answers

The constant of proportionality for the relationship between number of laps (x) and minutes swimming (y) is 5x-2y = 0.

What is a Proportionality graph?

A proportionality graph, also known as a direct proportionality graph, is a graph that represents the relationship between two variables that are directly proportional to each other.

In a proportionality graph, the x-axis represents the independent variable, while the y-axis represents the dependent variable. When the two variables are directly proportional, the graph will form a straight line passing through the origin (0,0). This means that as the independent variable increases, the dependent variable also increases in proportion to it.

Here we by using the graph the relationship is 5x = 2y

Let x is a number of laps and y is the minutes swimming then the constant of proportionality is 5x-2y = 0.

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Someone help im giving 20 points

Answers

Answer:

Step-by-step explanation:

To find the length of the square side lengths and the diameter of the circle, we can divide the perimeter by 4:

79.04/4 = 19.76

This is the diameter of the circle. The radius is half the diameter:

19.76/2 = 9.88

Hope this helps!

Answer: 9.88 cm

Step-by-step explanation:

To find the radius, we need to find half the length of one side of the square.

The perimeter of the square is all the sides of the square added together.

Squares have 4 sides so divide the perimeter by 4 to find the length of 1 side.

79.04 / 4 = 19.76 is the length of one side.

Half of 19.76 is 9.88 so the radius of the circle is 9.88 cm.

Hope this helps!

Can someone explain how to graph quadratic functions

Answers

Always double-check your graph by entering various x values and ensuring that the associated y values fall along the curve you drew.

what is graph ?

A graph is a picture of data that illustrates the connection between two or more factors. A graph in mathematics is typically a two-dimensional coordinate system with a horizontal x-axis and vertical y-axis (vertical). Data points are represented on a graph by points that are drawn with their x- and y-coordinates. The graph can be used to display trends, correlations, and temporal shifts as well as other patterns and connections between the variables. Graphs are used to aid in the interpretation and communication of data in a wide range of disciplines, including mathematics, science, economics, and social studies.

given

Locate the vertex: The vertex of a quadratic function is the lowest or highest spot on the graph. For the x-coordinate of the vertex, use the expression x = -b / (2a), and for the y-coordinate, use y = f(x), where f(x) is the quadratic function.

The places where the graph crosses the x-axis and the y-axis are known as the intercepts. If x = 0, then calculate f to determine the y-intercept (0).

Additional information: Plug a few x values into the function to determine the associated y values. You'll have more data points to display on the graph as a result.

Always double-check your graph by entering various x values and ensuring that the associated y values fall along the curve you drew.

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Curtis wants to buy a trumpet that costs £360. He puts £285 into a savings account that pays compound interest of 1% per month. Using trial and improvement, work out the smallest number of whole months that Curtis will have to wait to have enough money in this account to buy the trumpet.

Answers

Answer:

29 months

Step-by-step explanation:
if the trumpet is 360 and he has 285, we need to find out how much he needs to gain to get the trumpet.

360-285=80

If the Intrest is 1% per month, he’s gaining $2.85 per month.
So we divide 80 by 2.85, and get 28.07.

We have to go to the next number because it gets the money at the end of the month.
29 months

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