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Marat540 [252]
3 years ago
13

20,000 has been placed in a bank account that earns 5.7% interest. How much money will be in the account if it is compounded sem

i annually for 3 years
Mathematics
1 answer:
tamaranim1 [39]3 years ago
5 0

Answer:

$25 821.69

Step-by-step explanation:

The formula for the future value (FV) of an investment is

FV =PV(1 + r/n)^nt

FV = 20 000(1 + 0.087/2)^(2×3)

FV = 20 000(1 + 0.0435)⁶

FV = 20 000(1.0435)⁶

FV = 20 000 × 1.291 0847

FV = $25 821.69

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The school that Michael goes to is selling tickets to a dance. On the first day of ticket sales the school sold 3 staff tickets
Minchanka [31]

The price of a staff ticket and the price of a student ticket is $8 and $14

Given:

Day 1:

Number of staff tickets sold = 3

Number of students tickets sold = 1

Total revenue day 1 = $38

Day 2:

<em>Number of staff tickets sold</em> = 3

<em>Number of students tickets sold</em> = 2

<em>Total revenue day</em> 2 = $52

let

<em>cost of staff tickets</em> = x

<em>cost of students tickets</em> = y

The equation:

<em>3x + y = 38 (1)</em>

<em>3x + y = 38 (1)3x + 2y = 52 (2)</em>

subtract (1) from (2)

2y - y = 52 - 38

y = 14

substitute y = 14 into (1)

3x + y = 38 (1)

3x + 14 = 38

3x = 38 - 14

3x = 24

x = 24/3

x = 8

Therefore,

cost of staff tickets = x

= $8

cost of students tickets = y

= $14

Read more:

brainly.com/question/22940808

8 0
2 years ago
Hurry!
NARA [144]

Ans(a):

Given function is f(x)=\frac{3x-1}{x+4}

we know that any rational function is not defined when denominator is 0 so that means denominator x+4 can't be 0

so let's solve

x+4≠0 for x

x≠0-4

x≠-4

Hence at x=4, function can't have solution.


Ans(b):

We know that vertical shift occurs when we add something on the right side of function so vertical shift by 4 units means add 4 to f(x)

so we get:

g(x)=f(x)+4

g(x)=\frac{3x-1}{x+4}+4

We may simplify this equation but that is not compulsory.

Comparision:  

Graph of g(x) will be just 4 unit upward than graph of f(x).


Ans(c):

To find value of x when g(x)=8, just plug g(x)=8 in previous equation

8=\frac{3x-1}{x+4}+4


8-4=\frac{3x-1}{x+4}


4=\frac{3x-1}{x+4}


4(x+4)=(3x-1)


4x+16=3x-1


4x-3x=-1-16

x=-17

Hence final answer is x=-17

8 0
3 years ago
Jose has 1000$ in his savings account. it pays out 5% interest what is his balance after 1 year
NARA [144]

The most appropriate choice for simple interest will be given by- Balance of Jose after 1 year is $1050

What is simple interest?

Simple interest is the interest applied on the principal value after charging some certain percentage of rate for some certain amount of time.

If the principal value is p, rate is r % per annum and time is t years

Simple interest is calculated as

SI = p ₓ r ₓ t / 100

Here,

Principal for Jose = $1000

Rate = 5%

Time = 1 year

Simple interest = 1000x5x1/100

                         = $50

Amount = $(1000+50)

             = $1050

Balance of Jose after 1 year is $1050

To learn more about simple interest, refer to the link:
brainly.com/question/25793394
#SPJ10

5 0
1 year ago
Natalia sawed five boards of equal links to make a school each was 9/10 of a meter long what is the total length of the board sh
Alexxandr [17]
5×9/10=4.5
        9/10          1 8/10         2 7/10        3 6/10             4 5/10
---------------l--------------l---------------l----------------l----------------
5 5/10=4 1/2=4.5
6 0
3 years ago
For which equation does it make the most sense to solve by using the zero product
miss Akunina [59]
5x2 plus 3x =9 which is correct I think
4 0
3 years ago
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