Substitute 51/5x into
Substitute that into
Hope this helps. Answer should be correct. Unless your quadratic equation is wrongly stated.
How do you compound interest continuously??
1 answer:
The question states the interest is compounded annually. We have to use the given formula for this.
Principal Amount = P = $500
Interest Rate = r = 6% = 0.06
Time in years = t = 12
Compounding periods in a year = n = 1
Using the values in the given formula we get:
Thus, rounding to nearest cent the answer to this question is 1006.10
However, if you are also interested in finding the compound interest that is compounded continuously, use the following formula:
Principal Amount = P = $500
Interest Rate = r = 6% = 0.06
Time in years = t = 12
Compounding periods in a year = n = 1
Using the values in the given formula we get:
Thus, rounding to nearest cent the answer to this question is 1006.10
However, if you are also interested in finding the compound interest that is compounded continuously, use the following formula:
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Substitute 51/5x into
Substitute that into
Hope this helps. Answer should be correct. Unless your quadratic equation is wrongly stated.
Answer:
-45-26x+30
Step-by-step explanation:
So first you let's divide this equation into three parts.
Part one -9x(5x+4)
- Step one: you have to distribute the -9x to the numbers in the parentheses. That would leave us with a -9x*5x = -45
and -9x*4 = -36x
- Step two: Put the answers together. That would leave us with -45
Part two 10(x+3)
- Step one: you have to distribute the 10 to the numbers in the parentheses. That would leave us with a 10*x = 10x and 10*3 = 30
- Step two: Put the answers together. That would leave us with 10x+30
Part three solve
- Step one: combine and put together what you have solved for. That would leave us with a -45
- Step two: combine like terms. The like terms here are -36x and 10x. When you combine them you would get -26x.
- Step three: Write the equation in standard form. Therefore the answer is -45
Let me know if anything is confusing!
Step-by-step explanation:
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Part A:
Given that <span>a dinette table with a cash price of $200 is purchased at $8.50 down and $11.00 per month for 24 months
The total installment price is given by
Part B:
The carrying charges is given by the total installation price minus the cash price.
From part a, we obtained that the total installation price is $272.50 and given that the cash price is $200.
Therefore, the carrying charges is given by
$272.50 - $200.00 = $72.00
Part C:
If the money is to be saved at $11 per month to be able to purchase the table at the cash price, the number of months it will take to be able to save $200 at $11 per month is given by
Therefore, it will take 19 months </span><span>to save the money at the monthly rate needed to buy the item for its cash price.</span>
Given that <span>a dinette table with a cash price of $200 is purchased at $8.50 down and $11.00 per month for 24 months
The total installment price is given by
Part B:
The carrying charges is given by the total installation price minus the cash price.
From part a, we obtained that the total installation price is $272.50 and given that the cash price is $200.
Therefore, the carrying charges is given by
$272.50 - $200.00 = $72.00
Part C:
If the money is to be saved at $11 per month to be able to purchase the table at the cash price, the number of months it will take to be able to save $200 at $11 per month is given by
Therefore, it will take 19 months </span><span>to save the money at the monthly rate needed to buy the item for its cash price.</span>