Answer:
The interest rate is 7.58%
Step-by-step explanation:
Compound continuous interest can be calculated using the formula:
A = P
, where
- A is the future value of the investment, including interest
- P is the principal investment amount (the initial amount)
- r is the interest rate in decimal
- t is the time the money is invested for
∵ Angus has $3,000 he want to invest
∴ P = 3000
∵ The interest rate is compounded continuously
∵ Angus has $5,500 in 8 years
∴ A = 5500
∴ t = 8
→ Substitute them in the rule above to find r
∵ 5500 = 3000
→ Divide both sides by 3000
∴
= 
→ Insert ㏑ in both sides
∵ ㏑(
) = ㏑(
)
→ Remember ㏑(
) = n
∴ ㏑(
) = 8r
→ Divide both sides by 8
∴ 0.07576697545 = r
→ Multiply it by 100% to change it to a percentage
∴ r = 0.07576697545 × 100%
∴ r = 7.576697545 %
→ Round it to the nearest hundredth
∴ r ≅ 7.58
∴ The interest rate is 7.58%
(13 + x)/(50 - x ) = (2/1)
Cross Multiply
2(50-x) = 1(13 + x)
100 - 2x = 13 + x
add 2x to both sides
100 -2x + 2x = 13 + x + 2x
100 = 13 + 3x
Subtract 13 from both sides
100 - 13 = 13 - 13 + 3x
87 = 3x
divide both sides by 3
29 = x
(13 + 29)/(50-29) = 42/21 = 2 to 1 ratio
Answer:
x=3
Step-by-step explanation:
x³ - 3 =24
x³ = 27
x = 3
Answer:2m^2+mn+2m+9n-3
Step-by-step explanation:
m(2+n-m)+3(3n+m^2-1)
open brackets
2m+mn-m^2+9n+3m^2-3
Collect like terms
3m^2-m^2+mn+2m+9n-3
2m^2+mn+2m+9n-3