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guapka [62]
3 years ago
11

Mrs. Smith has $20,000 to invest. She wants to earn $10,000 in interest. She is considering a savingsand loans bank that is offe

ring her 5.6% interest per year. For how long will she have to leave her money in the bank in order to reach her goal of $10,000?
Mathematics
1 answer:
disa [49]3 years ago
7 0

Answer:

Number of year to get $10,000 as interest = 7.5 year (Approx)

Step-by-step explanation:

Given:

Initial investment = $20,000

Interest on investment = $10,000

Rate of interest = 5.6% = 0.056

Find:

Number of year to get $10,000 as interest:

Computation:

Interest\ on\ investment = Initial\ investment[(1+r)^n-1]\\\\10,000 = 20,000[(1+0.056)-1]\\\\0.5=(1.056)^n-1\\\\1.5 =(1.056)^n\\\\n=7.44

Number of year to get $10,000 as interest = 7.44

Number of year to get $10,000 as interest = 7.5 year (Approx)

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GOLF Sergio and three friends went golfing.Two of the friends rented clubs for $6 each.The total cost of the rented clubs and th
salantis [7]

Complete question

<em>18. GOLF Luis and three friends went golfing. Two of the friends rented clubs for $6 each. The total cost of the rented </em>

<em>clubs and the green fees for each person was $76. What was the cost of the green fees for each person? Define a </em>

<em>variable, write an equation, and solve the problem.</em>

The variable defined is "y", the equation is 4y + 2(6) = 76 and the value of the unknown variable is 16

Let the cost of green fees per person be y

If Luis and three friends went golfing, this means that 4 people went golfing.  The total cost of green fees for all of them will be $4y

If two of the friends rented clubs for $6 each, total amount spent will be $2(6)

The equation that models the statement will then be expressed as;

4y + 2(6) = 76\\

Solve for y

4y + 2(6) = 76\\4y+12 = 76\\4y = 76 - 12\\4y = 64\\y =\frac{64}{4}\\y = 16

The variable defined is "y", the equation is 4y + 2(6) = 76 and the value of the unknown variable is 16.

Learn more here: brainly.com/question/13138388

5 0
3 years ago
Can someone help me answer questions
ANEK [815]
Add 6 to both sides
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5 0
3 years ago
Please help me with this
Fiesta28 [93]

9514 1404 393

Answer:

  91°

Step-by-step explanation:

The similarity statement tells you that angles Q and H are congruent. The measure of angle H is shown as 91°, so that is the measure of angle Q.

  m∠Q = 91°

5 0
3 years ago
Make a ten to add.<br> 3+7+9=
andre [41]
You can add 7+3 then add 9 ad you get 19
7 0
3 years ago
the diameter of a spherical basketball is 10 inches what is the volume of the basketball give the exact solution or round your a
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You were given d = 10 so r = 5

Then just plug and chug
7 0
3 years ago
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