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Rina8888 [55]
3 years ago
9

Solve for y. 4y+5/3 = y-8/2 y = -4 y = -5 y = -8

Mathematics
1 answer:
horrorfan [7]3 years ago
5 0

Answer:

<h3>y = -34/5</h3>

Step-by-step explanation:

\dfrac{4y+5}{3}=\dfrac{y-8}{2}\qquad\text{multiply both sides by }\ 2\cdot3=6\\\\6\!\!\!\!\diagup^2\cdot\dfrac{4y+5}{\not3_1}=6\!\!\!\!\diagup^3\cdot\dfrac{y-8}{\not2_1}\\\\2(4y+5)=3(y-8)\qquad\text{use distributive property}\\\\(2)(4y)+(2)(5)=(3)(y)+(3)(-8)\\\\8y+10=3y-24\qquad\text{subtract 10 from both sides}\\\\8y=3y-34\qquad\text{subtract 3y from both sides}\\\\5y=-34\qquad\text{divide both sides by 5}\\\\\boxed{y=-\dfrac{34}{5}}

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How Much Have I Saved? Portfolio
avanturin [10]

The time value of money calculation can be performed using formula equations or online calculators.

The correct responses are;

  • 1) Option 3
  • 2) Option 2
  • 3) The difference in principal is approximately $8,000
  • The difference in interest earned is approximately $2,977.87
  • 4) It is better to invest more money at the beginning of the 30 years

Reasons:

Option 1: Present value = 0

Amount invested per month, A = $25/month

The Annual Percentage Rate, APR, r = 3.25%

Number of years = 30

The future value of an annuity is given by the formula;

\displaystyle FV_{A} = \mathbf{A \cdot \left (\frac{ \left(1 + \frac{r}{m} \right)^{m\cdot t} - 1}{\frac{r}{m} } \right)}

In option 1, m = 12 periods per year

Therefore;

\displaystyle FV_{A} = 25 \times \left (\frac{ \left(1 + \frac{0.0325}{12} \right)^{12 \times 30} - 1}{\frac{0.0325}{12} } \right) \approx  \mathbf{15,209.3}

Contribution = $25 × 12 × 30 = $9,000

Total interest earned = $15,209.3 - $9,000 = $6,209.3

Final balance = $15,209.3

Option 2: Present value = 0

Amount, A = $75/quarter

m = 4 periods per year

The Annual Percentage Rate, APR = 4.00%

Therefore;

The effective interest rate is therefore;

\displaystyle r_{eff} = \left(1 + \frac{0.04}{4} \right)^4 - 1 \approx \mathbf{0.04060401}

\displaystyle FV_{A} = 75 \times \left (\frac{ \left(1 + \frac{0.04060401}{4} \right)^{4 \times 30} - 1}{\frac{0.04060401}{4} } \right) \approx  17,437.7

Using an online calculator, FV = $17,467.04

Contribution = $75 × 4 × 30 = $9,000

Total interest earned = $17,467.04 - $9,000 = $8,467.04

Final balance = $17,467.04

Option 3: Present value = $1,000

APR = 6.25%

m = 12 period per year

Number of years, t = 30 years

Therefore;

\displaystyle FV = \left (1 + \frac{0.0625}{12} \right)^{12 \times 30} \approx \mathbf{6,489.17}

Contribution = $1,000

Total interest earned = $6,489.17 - $1,000 = $5,489.17

Final balance = $6,489.17

The table of values is therefore;

  • \begin{tabular}{|c|c|c|c|}Option \# &Contribution &Total Interest Earned&Final Balance\\1&\$9,000&\$6,209.3 & \$15,209.3\\2&\$9,000&\$8,467.04 &\$17,467.04\\3&\$1,000&\$5,489.17&\$6,489.17\end{array}\right]

1) The option that has the least amount invested are <u>option 3</u>

Option 3 investment plan is a present value of $1,000, invested for 30 years at 6.25% APR compounded monthly.

2) <u>Option 2</u> yielded the highest amount at the end of 30 years, given that the APR is higher than the APR for option 1, although the amount invested over the period are the same.

The basis of option 2 investment plan is $75 invested quarterly at 4.00% APR compounded monthly for 30 years.

3) The difference in the principal invested for the highest and lowest final balance is $9,000 - $1,000 = <u>$8,000</u>

The difference in the interest earned is; $8,467.04 - $5,489.17 = <u>$2,977.87</u>

4) In option 1 the present value is zero, therefore zero amount was invested at the beginning.

The interest to investment ration is 6,209.3:9,000 ≈ 0.7:1

In option 3, all the money was invested at the beginning.

The interest to investment ratio of option 3 is; 5,489.17:1,000 ≈ 5.5:1

Given that the interest to investment ratio, which is the return on investment is larger when more money is saved at the beginning as in option 3, <u>it is better to invest more money at the beginning</u>.

Learn more about future value of an annuity here:

brainly.com/question/8243704

3 0
2 years ago
What is the smallest subset that 46 belongs to
xeze [42]

Answer:

Natural/Counting Numbers

Step-by-step explanation:

It is the smallest subset a number can classify into. It is all of the numbers from 1 to positive infinity.

7 0
2 years ago
Can you help me please? ​
Anarel [89]

Answer:

C(x)=25x+6000

b=2250

Step-by-step explanation:

C(x)=mx+b

m-marginal cost

x-no items

finding B

C(x)mx+b

6000=25(130)+b

b=2250

General substitution

C(x)=25x+6000

8 0
2 years ago
Haseena bought 1 pencil box, 4 pencils and 4 notebooks from a store. She paid Rs. 95 in all. Some ink fell on the bill that she
Rudik [331]

The price of the one notebook will be Rs. 10.6

  • Let the price of one notebook be x.

If Haseena bought 1 pencil box, 4 pencils and 4 notebooks from a store, with a total of Rs. 95 paid in all, then;

1x + 4x + 4x = 95

9x = 95

x = 95/9

x = 10. 6

Hence the price of the one notebook will be Rs. 10.6

Learn more on ratio here: brainly.com/question/20346769

8 0
2 years ago
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zloy xaker [14]

Answer: T= 1 and I’m not sure if 6t = 6

6 0
2 years ago
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