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Snowcat [4.5K]
3 years ago
11

You have money in an account at 6% interest, compounded monthly. To the nearest year, how long

Mathematics
1 answer:
zimovet [89]3 years ago
6 0

Answer:

Step-by-step explanation:

Let amount now be x , meaning principal is x

and the amount later A is 2x

A = P(1+r/n)^nt

n = 12

2x = x (1 + 0.06/12)^12t

divide through by x

2 = (1+ 0.005)^12t

2 = (1.005)^12t

Take log of both sides

log 2 = 12t log 1.005

12t = log2/log 1.005

12t = 138.975721610697

t = 138.975721610697/12

t = 11.58

t = 12 years

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yanalaym [24]
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3 0
3 years ago
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The elevation of Death Valley-282 feet. The Mississippi River in Illinois has an elevation of 279 feet. Which is closer to sea l
ANTONII [103]
The absolute value of a number tells us how far away from 0 that number is...

death valley : | -282 | = 282....so this is 282 spaces from 0
mississippi river : | 279 | = 279...so this is 279 spaces from 0

so the mississippi river is closer to 0 then death valley 
6 0
4 years ago
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Eduardo mixed 5 pounds o cashews and almonds. Cashews cost $8 per pound and almonds cost $6 per pound. The total cost of the mix
NemiM [27]

Answer:

3.5 pounds of the mixture was almonds

Step-by-step explanation:

Assume that the mixture contains x pounds of cashews and y pounds of almonds

∵ x represents the amount of cashew

∵ y represents the amount of almond

∵ Eduardo mixed 5 pounds of cashews and almonds

∴ x + y = 5 ⇒ (1)

∵ Cashews cost $8 per pound

∵ Almonds cost $6 per pound

∵ The total cost of the mixture was $33

→ Multiply x by 8 and y by 6 and equate their sum by 33

∴ 8x + 6y = 33 ⇒ (2)

Now we have a system of equations to solve it

→ Multiply equation (1) by -8 to eliminate x

∵ -8(x) + -8(y) = -8(5)

∴ -8x - 8y = -40 ⇒ (3)

→ Add equations(2) and (3)

∵ (8x + -8x) + (6y + -8y) = (33 + -40)

∴ -2y = -7

→ Divide both sides by -2

∴ y = 3.5

∵ y represents the amount of almond

∴ 3.5 pounds of the mixture was almonds

7 0
3 years ago
The length of a rectangle is 5 more than the width. The perimeter is 120. What is the length, width, and area? Please HELP
Ad libitum [116K]

Answer:

l = 32.5 units, w= 27.5 units, A = 893.75 units²

Step-by-step explanation:

width is w

length is l = 5+w

P = 2( l+w) , substitute l for 5+w

P = 2(5+w+w)

P = 2(5+2w)

P = 10 +4w

P = 120

10 +4w = 120

4w = 120-10

4w = 110

w= 110/4

w= 27.5 units

l = 5+w = 5+ 27.5 = 32.5 units

A = l*w = 27.5 * 32.5 = 893.75 units ²

5 0
3 years ago
How many solutions is there to the system of equations? 2x + 3y = 11 -4x - 6y = -22
Step2247 [10]

Answer:

x = 4, y = -3

Step-by-step explanation:

{2x - y = 11

{x + 3y = -5

You can use the substitution method by solving for x in the second equation:

x + 3y = -5

Subtract 3y from both sides:

x = -3y - 5

Now, substitute this value for x into the first equation:

2x - y = 11

2(-3y - 5) - y = 11

Distribute:

-6y - 10 - y = 11

Add 10 to both sides:

-6y - y = 21

Combine like terms:

-7y = 21

Divide both sides by -7:

y = -3

Next, substitute this value for x into the second equation:

x + 3y = -5

x + 3(-3) = -5

Multiply:

x - 9 = -5

Add 9 to both sides:

x = 4

6 0
3 years ago
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