It equals 14,000 is the correct answer
Step-by-step explanation:
50% interest annually.
that means he gets 50% interest of the invested capital every year.
and that means he gets 50% of $70 in one year.
70 = 100%
1% = 100%/100 = 70/100 = $0.70
50% = 1%×50 = 0.7 × 50 = $35
he will earn $35 interest in one year.
as you noticed: 50% simply means 1/2 (as 100% stands for the whole).
Answer:
- 
Step-by-step explanation:
Given
← cancel sec x on numerator/ denominator
= 
= - 
Answer:
x = -3
General Formulas and Concepts:
<u>Pre-Algebra</u>
- Order of Operations: BPEMDAS
- Equality Properties
Step-by-step explanation:
<u>Step 1: Define equation</u>
5(x + 4) = -2(-4 - x) + 3
<u>Step 2: Solve for </u><em><u>x</u></em>
- Distribute: 5x + 20 = 8 + 2x + 3
- Combine like terms: 5x + 20 = 2x + 11
- Subtract 2x on both sides: 3x + 20 = 11
- Subtract 20 on both sides: 3x = -9
- Divide 3 on both sides: x = -3
<u>Step 3: Check</u>
<em>Plug in x to verify it's a solution.</em>
- Substitute: 5(-3 + 4) = -2(-4 - -3) + 3
- Simplify: 5(-3 + 4) = -2(-4 + 3) + 3
- Add: 5(1) = -2(-1) + 3
- Multiply: 5 = 2 + 3
- Add: 5 = 5
Here we see that 5 does indeed equal 5. ∴ x = -3 is a solution of the equation.
And we have our final answer!
Answer:
(1.06)0 = 1 and positive powers of 1.06 are larger than 1, thus the minimum value N(t) attains, if t≥0, is 400.
From the point of view of the context, a CD account grows in value over time so with a deposit of $400 the value will never drop to $399.