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Leto [7]
3 years ago
5

Find the balance in Myra's account after 1 year if her bank paid 5.75% simple interest on her deposit of $6,000.

Mathematics
1 answer:
vladimir1956 [14]3 years ago
5 0
I believe it’s C I’m not sure tho but I found out 10% which is 600 and then 1% is 60 so I did 60x5 and got 300 so then just guessed that it was C
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(Before you answer I am looking for how I do it. I have the answers but I need to know an equation to do this instead of using l
Tema [17]

Answer:

14 and 16.

Step-by-step explanation:

We know that two consecutive even numbers is 30.

Let's let n be <em>any number</em>.

Then the first <em>even</em> number must be 2n.

This is because n can be any number, either even or odd. However, if we multiply it by 2, this <em>ensures</em> that 2n is even. Remember that any number multiplied by 2 yields an even number.

Therefore, the consecutive even number will be (2n+2). Not (2n+1), because that gives an odd number.

We know that they sum to 30. So, we can write the following equation.

(2n)+(2n+2)=30

And we solve from there:

4n+2=30\\\Rightarrow4n=28\\\Rightarrow n=7

So, the value of n is 7.

Therefore, the first even number is 7(2)=14.

And the consecutive even number is 16.

Edit: Typo

7 0
3 years ago
2x + 4 = 4x how. to solve it ​
ipn [44]

Answer:

x=2

Step-by-step explanation:

2x+4=4x

-2x     -2x  

4=2x/2x

4/2=x

x=2

8 0
3 years ago
Read 2 more answers
The play director spent 190190190190 hours preparing for a play. That time included attending 35353535 rehearsals that took vary
Genrish500 [490]

Answer:

The equation above represents the total time the play director spent preparing for a play.

Step-by-step explanation:

The time spent by the play director for preparing for a play is, 190 hours.

Of these 190 hours, the director spent varying amounts of time attending 35 rehearsals for the play.

Let the varying amounts of time be denoted by, <em>x</em>.

The director also spent 3/4th of an hour, i.e. 45 minutes, on other responsibilities related to the play.

The equation provided is:

35x+\frac{3}{4}=190

The equation above represents the total time the play director spent preparing for a play.

7 0
3 years ago
This spinner has 6 equal sections. In simplest form, what are the odds in favor of spinning blue or green?
lisov135 [29]
A.) 1:2 is the correct answer
3 0
2 years ago
What is the variance of a portfolio invested 21 percent each in a and b and 58 percent in c?
victus00 [196]
Given the following information:

\begin{tabular}&#10;{|p{1.5cm}|p{1.5cm}|p{1.2cm}|p{1.2cm}|p{1.2cm}|}&#10;\multicolumn{1}{|p{1.5cm}|}{State of economy}\multicolumn{1}{|p{2.6cm}|}{Probability of State of economy}\multicolumn{3}{|p{4.8cm}|}{Rate of Return if State Occurs}\\[1ex] &#10;\multicolumn{1}{|p{1.5cm}|}{}\multicolumn{1}{|p{2.6cm}|}{}\multicolumn{1}{|c|}{Stock A}&StockB&Stock C\\[2ex]&#10;\multicolumn{1}{|p{1.5cm}|}{Boom}\multicolumn{1}{|p{2.6cm}|}{0.66}\multicolumn{1}{|p{1.27cm}|}{0.09}&0.03&0.34\\&#10;\end{tabular}
\begin{tabular}&#10;{|p{1.5cm}|p{1.5cm}|p{1.2cm}|p{1.2cm}|p{1.2cm}|}&#10;\multicolumn{1}{|p{1.5cm}|}{Bust}\multicolumn{1}{|p{2.6cm}|}{0.34}\multicolumn{1}{|p{1.27cm}|}{0.23}&0.29&-0.14\\&#10;\end{tabular}

Part A:

The expected return on an equally weighted portfolio of these three stocks is given by:

0.66[0.33 (0.09) + 0.33 (0.03) + 0.33(0.34)] \\ +0.34[0.33 (0.23) + 0.33(0.29) +0.33(-0.14)] \\  \\ =0.66(0.0297 + 0.0099 + 0.1122)+0.34(0.0759+0.0957-0.0462) \\  \\ =0.66(0.1518)+0.34(0.1254)=0.1002+0.0426=0.1428=\bold{14.28\%}



Part B:

Value of a portfolio invested 21 percent each in A and B and 58 percent in C is given by

For boom: 0.21(0.09) + 0.21(0.03) + 0.58(0.34) = 0.0189 + 0.0063 + 0.1972 = 0.2224 or 22.24%.

For bust: = 0.21(0.23) + 0.21(0.29) + 0.58(-0.14) = 0.0483 + 0.0609 - 0.0812 = 0.028 or 2.8%

Expected return = 0.66(0.2224) + 0.34(0.028) = 0.1468 + 0.00952 = 0.1563 or 15.63%

The variance is given by

0.66(0.2224-0.1563)^2+0.34(0.028-0.1563)^2 \\  \\ =0.66(0.0661)^2+0.34(-0.1283)^2=0.66(0.00437)+0.34(0.01646) \\  \\ =0.00288+0.0056=\bold{0.00848}
4 0
3 years ago
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