<span>Compound
interest formula</span>
Where
<span>
A= Future value
P =
the Principal (the initial amount of money)
r = annual interest rate</span>
t = time
<span>n=
number of times compounded in one t
Remark
----------------------------------------------------------------------------------
r is generally a percentage like 3%, 7% etc and
are applied in the formula as 0.03, 0.07...,
the interest is compounded generally annually (
n=1), quarterly (
n=4),
monthly (
n=12), etc...
t is in years,
In our problem:
</span>
A= 30 000
P =20 000
r = 15%=0.15
time = t = ?
n= 4
applying the formula:
75% of 12 months is 3/4 of 12 months, which is 9 months
Answer: 2 years, 9 months
Given:
- Lily bought 20.24 pounds of grapefruit.
- The lightest grapefruit weighed 1.2 pounds.
- The heaviest grapefruit weighed 1.8 pounds.
To Find:
An estimate of the number of grapefruits she bought.
Answer:
The best estimate is that Lily bought 13 grapefruits.
Step-by-step explanation:
Given that the lightest grapefruit weighed 1.2 pounds and the heaviest one weighed 1.8 pounds, we can take the mean or average of these two weights to estimate the weight of any of the grapefruits that she bought.
That is, we can say that each grapefruit must weigh something close to the average value.
The average can be found as
Thus, the average grapefruit from the bundle she bought must weigh around 1.5 pounds.
Now, given that the total weight of the grapefruit she bought is 20.24 pounds.
By the Unitary Method,
Weight of One Grapefruit = Total Weight of All Grapefruits ÷ Number of Grapefruits
So, number of grapefruits she bought = Total weight ÷ weight of one grapefruit
In other words,
number of grapefruit = 
Rounding off, we may say that Lily bought 13 grapefruits.
0.9 as a percentage would be 0.9% it doesn't really change
Answer: y = (-4/5)x + 8
Solution
The equation of line is
y = mx + b
Where
y = y coordinate
m = slope
x = x coordinate
b = y intercept
In order to write the equation of line we need to find the y-intercept (b)
substitute the slope (-4/5) and coordinates given (0,8) ,
y = mx + b
8 = -4/5 (0) + b
8 = b
So,
y = (-4/5)x + 8
