I really need help with this can someone please help me with these questions thanks

Mathematics

1 answer:

ehidna [41]3 years ago

8 0

See the attachment for answers and solving.

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What is the future value of 300000 with an interest rate of 17% per annum for 30 days?

Anvisha [2.4K]

$\bf \qquad \textit{Simple Interest Earned Amount}\\\\
A=P(1+rt)\qquad 
\begin{cases}
A=\textit{accumulated amount}\\
P=\textit{original amount deposited}\to& \$300000\\
r=rate\to 17\%\to \frac{17}{100}\to &0.17\\
t=years\to \frac{30}{365}\to &\frac{6}{73}
\end{cases}
\\\\\\
A=300000\left(1+0.17\cdot \frac{6}{73}\right)$

3 0

2 years ago

Need help :)<br><br><br><br> pleaseeeeeee :(

gayaneshka [121]

Answer: $x\geq 88$

This means that he has to save at least $88 or more to have enough money.

Step-by-step explanation:

He has $37 and he needs to save more (+) but we don't know how much more that is, so that's why that is our unknown value. (x). The sum of them has to be at least 125 or greater.

$37+x\geq 125$