So what this is is
many words
assuming year 0 is 2017
so compound first thing till 2020, take out 30000
the remaining is copmpounded til 2022, take out 50000
remaining is compounded for 1 more year and that is equal to 80000
so from 2017 to 2020, that is 5 years
from 2020 to 2022 is 2 years
from 2022 to 2023 is 1 year
work backwards
A=P(r+1)^t
last one
A=80000
P=?
r=0.08
t=1 year
80000=P(1.08)^1
divide both sides by 1.08
I would leave in fraction
20000000/27=P
now that is the remaining after paying 50000, after 2 years of compounding
so
50000+(2000000/27)=P(1.08)^2
solve using math
about
106374=P
now reverse back
5 years
paid 30000
30000+106374=P(1.08)^5
solve using math
92813.526=P
round
$92813.53
put $92813.53 in the fund
The correct answer for this would be B
If 9/10 tons of gravel got spread over 3 feet, then how much gravel is on each foot? Well, it's a ratio.
9/10 tons : 3 ft
So, we divide each side of the ratio by 3.
3/10 tons : 1 ft.
So, that 3/10 tons of gravel on each foot of road.
You can first distribute the number into the parenthesis: 3n + 2 - 8n. Now, combine the like terms (n): -5n + 2. It can either be -5n + 2 or 2 - 5n.
The answer would be 10. Im not quite sure if thats the answer, im sorry if i get it wrong. Otherwise i hope this helped you! :)
