Before we start answering the question, let's define the compound interest formula:
Where:
<span>'A'</span> is the amount of money in dollars
'P' is the principal amount of money in dollars
'r' is the interest rate (decimal)
'n' is the number of times interest is compounded per year
't' is the time in years
<span>
(A) Find Principal Amount</span><u /><span><u>Given:</u>
</span>A = 12,000
P = ?
r = 0.08
n = 2 (semiannually)
t = 5
Now we plug our values in and solve:



∴ You would have to deposit $8106.77 in order to have $12,000 in 5 years from now.
(B) Find Principal AmountSame given values as above, with the exception of 't' which is now 10 instead of 5.



∴ You would have to deposit $5476.64 in order to have $12,000 in 10 years from now.
Hope this helps!
The common factor of 5x2 is y5x
He bought 4 cards for $4 so that's 16 he put 20 in each that's 80 and 70 x 4 is 1,400 so all of that in total would be 1,436, correct me if I'm wrong, and if you're too lazy to read than, the answer is 1,436
Answer:
f=3/5x+2/5c
Step-by-step explanation:
(x, y ) → (- 1, 3 )
The solution to the system of equations is the point of intersection of the 2 lines
From the graph, that is (x, y ) → ( - 1, 3 )
We can confirm by solving algebraically
Since both equations express y in terms of x we can equate the right sides
- x + 2 = - 6x - 3 ( add 6x to both sides )
5x + 2 = - 3 ( subtract 2 from both sides )
5x = - 5 ( divide both sides by 5 )
x = - 1
substitute x = - 1 into either of the 2 equations for y-coordinate
y = - x + 2 = 1 + 2 = 3
solution is (x, y ) → (- 1, 3 )