Answer:
$12.25
Step-by-step explanation:
2.5 yards of fabric * $4.90 per yard of fabric = $12.25. Hope this helps!
Answer:
The smallest amount is
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
solve for P
Round to the nearest pound she can invest
The smallest amount is
Answer:
k=20
Step-by-step explanation:
when x approaches 4, the denominator x-4 approaches 0
if the denominator is 0, it means that this is invalid
if the function is a number over 0 when x=4, it represents a vertical asymptote, which means no limit
so the only way possible to let there be a limit is to let the function be 0/0 when we plug in x=4
so x^2 + x - k = 0 when x = 4
4^2 + 4 - k = 0 ==> 20 - k = 0 ==> k = 20
Answer: $15385 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.8%. So
r = 7.8/100 = 0.078
It was compounded for 4 years. Therefore,
t = 4
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. The total amount is given as $21000. Therefore
21000 = P (1+0.078/12)^12×4
21000 = P (1+0.078/12)^48
21000 = P (1+0.0065)^48
21000 = P (1.0065)^48
P = 21000/1.365
P = $15385