The annual returns will be calculated as follows:
a] Here we use the formula:
A=p(1+r/100)^n
A=future amount
p=principle
r=returns
n=time
We are given:
A=500, p=400, t=1
Plugging the values in the formula we obtain:
500=400(1+r)^1
simplifying and solving for r:
1.25=1+r
thus
r=1.25-1
r=0.25~25%
b] Using the formula above:
A=p(1+r/100)^n
A=2500+100=2600, p=2000, n=1 year
plugging the values in the equation we obtain:
2600=2000(1+r)^1
simplifying and solving for r we obtain:
2600/2000=1+r
1.3=1+r
hence
r=1.3-1
r=0.3~30%
Answer:
See below
Step-by-step explanation:
Quarters= 25(x)
Nickels =5(x+16)
25x+5(x+16)=590 (no decimal)
If you solve for x, you’ll get the number of quarters.
3, 12, 15, 25, 30, 40The range is the difference between the greatest and smallest values:
range = 40 - 3 = 37
Thee average is the sum of elements divided by the number of elements:
average = (<span>3 + 12 + 15 + 25 + 30 + 40</span>)/6
average = 125/6 = 20.83
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