The function we have to use in this case is
where mo is the initial amount of money. After 2 teats we get that
SO he earned 755 approximately
What is 2 + 2????????????
2 answers:
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Answer:
$4194.39
Step-by-step explanation:
Two equal payments one after 3 months and another after 9 months respectively are used to settle a debt of $6000 due today.
We have to calculate the size of the equal payments at 6% compounded quarterly.
Let the amount be $x.
So, $(x + x) = $2x will be the total sum after interest.
Therefore, $6000 will be charged for 3 months at 6% interest quarterly and $(6000 - x) will be charged for (9 - 3) = 6 months at 6% interest quarterly.
The equation we can write is
⇒ 6000 × 1.06 + ( 6000 - x)(1.1236) = 2x
⇒ 3.1236x = 6000 × 2.1836
⇒ x = $4194.39 (Answer)
The formula for area of a trapezoid is:
Sides a is the top line and side b is the base, or bottom line. Add the sides together and divide by 2. After you do that, multiply the answer by the height.
Height is the length between the two sides, a and b.