one number is 4 times a first number. a third number is 100 more thann the first number. if the sum of the three numbers is 562,
1 answer:
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Dave will have $12,728 after 15 years, if he has $8000 to invest for 15 years. He finds a bank that offers an interest rate of 3.1% compounded monthly.
Step-by-step explanation:
The given is,
Investment = $ 8000
No. of years = 15 years
Interest rate, i = 3.1 %
( compounded monthly )
Step:1
For for calculating future value with compound interest monthly,
.................(1)
Where,
A = Future amount
P = Initial investment
r = Rate of interest
n = Number of compounding in a year
t = Time period
Step:2
From given values,
P = $8000
r = 3.1%
t = 15 years
n = 12 ( for monthly)
Equation (1) becomes,
A = $ 12728.48
Result:
Dave will have $12,728 after 15 years, if he has $8000 to invest for 15 years. He finds a bank that offers an interest rate of 3.1% compounded monthly.
Answer:
Step-by-step explanation:
1) 4x -3
x = -7 ;
4x - 3 = 4*(-7) - 3 = - 28 - 3 = -31
x = 14 ;
4x - 3 = 4*14 - 3 = 56 - 3 = 53
x = 0
4x - 3 = 0 - 3 = -3
2) 6 -3x
x = -7 ;
6 - 3x = 6 - 3*(-7) = 6 + 21 = 27
x = 14
6 - 3x = 6 - 3*14 = 6 - 42 = -36
x = 0
6 - 3x = 6 - 0 = 6
4)