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3 years ago

Please help me with this word problem.

Mathematics

1 answer:

koban [17]3 years ago

7 0

I would say 6 hours but i don’t think it is, sorry this one is a real tricky one

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Can someone please helpp.

nika2105 [10]

1. Over a period of 6 years (from 1980 to 1986) the house gained a value of 12000 dollars (109k-97k). 12000/6 gives you a rate of 2000 dollars per year. Because the initial price at t=0 is 97000, the function is 97000+2000t

6 0

3 years ago

If 47400 dollars is invested at an interest rate of 7 percent per year, find the value of the investment at the end of 5 years f

Anni [7]

Answer:

Part A) Annual $\$66,480.95$

Part B) Semiannual $\$66,862.38$

Part C) Monthly $\$67,195.44$

Part D) Daily $\$67,261.54$

Step-by-step explanation:

we know that

The compound interest formula is equal to

$A=P(1+\frac{r}{n})^{nt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

n is the number of times interest is compounded per year

Part A) Annual

in this problem we have

$t=5\ years\\ P=\$47,400\\ r=0.07\\n=1$

substitute in the formula above

$A=\$47,400(1+\frac{0.07}{1})^{1*5}$

$A=\$47,400(1.07)^{5}$

$A=\$66,480.95$

Part B) Semiannual

in this problem we have

$t=5\ years\\ P=\$47,400\\ r=0.07\\n=2$

substitute in the formula above

$A=\$47,400(1+\frac{0.07}{2})^{2*5}$

$A=\$47,400(1.035)^{10}$

$A=\$66,862.38$

Part C) Monthly

in this problem we have

$t=5\ years\\ P=\$47,400\\ r=0.07\\n=12$

substitute in the formula above

$A=\$47,400(1+\frac{0.07}{12})^{12*5}$

$A=\$47,400(1.0058)^{60}$

$A=\$67,195.44$

Part D) Daily

in this problem we have

$t=5\ years\\ P=\$47,400\\ r=0.07\\n=365$

substitute in the formula above

$A=\$47,400(1+\frac{0.07}{365})^{365*5}$

$A=\$47,400(1.0002)^{1,825}$

$A=\$67,261.54$

8 0

3 years ago

What is compound interest

Andrews [41]

Is interest<span> calculated on the initial principal I think

Best of luck hope I helped :3</span>

6 0

3 years ago

Read 2 more answers

Describe the relationship between n and 4 that will make the value of the expression 7 x n/4 greater than 7

ANTONII [103]

If n>4
Then n/4>7
I guess dis is the answer

5 0

3 years ago

Read 2 more answers

A person has to walk 100 m to go from position X in the north of east direction to the position B and then to the west of Y to r

aleksandrvk [35]

Answer:

The distance between X and Y is 68m

Step-by-step explanation:

Consider the diagram attached:

A person starts from X, goes to Y, and then finally goes to Z, covering a total of 100m, where Z is located 60m in north of X.

We have to find distance XY.

Let the distance XY be x

Total distance covered by the person = XY + YZ

We know that total distance covered is 100m, so

100m = x + YZ

YZ = (100 - x)m

See the diagram, XZY forms a right angled triangle such that:

Hypotenuse = XY = x

Base = XZ = 60m

Perpendicular = YZ = (100-x)m

Using Pythagoras theorem

Hypotenuse² = Base² + Perpendicular²

x² = (60)² + (100-x)²

Solve the equation for x, we get:

x = 68m

6 0

3 years ago