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chubhunter [2.5K]
3 years ago
15

How much is 4000 in Mexico

Mathematics
2 answers:
masya89 [10]3 years ago
5 0
It depends on what you are asking. $4000 USD in Mexican money? The number 4000 in Mexican language (Spanish)?
Vika [28.1K]3 years ago
4 0
74130.00 Mexican Paiso.
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For his birthday, Tyrone's parents gave him $7,790.00 which they put into a savings account that earns 15% interest compounded m
torisob [31]

Answer:

5 years and 5 months

Step-by-step explanation:

<u />

<u>Compound Interest Formula</u>

\large \text{$ \sf A=P(1+\frac{r}{n})^{nt} $}

where:

  • A = final amount
  • P = principal amount
  • r = interest rate (in decimal form)
  • n = number of times interest applied per time period
  • t = number of time periods elapsed

Given:

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  • P = $7,790.00
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  • t = number of years

Substitute the given values into the formula and solve for t:

\implies \sf 17474=7790\left(1+\dfrac{0.15}{12}\right)^{12t}

\implies \sf \dfrac{17474}{7790}=\left(1.0125}\right)^{12t}

\implies \sf \ln\left(\dfrac{17474}{7790}\right)=\ln \left(1.0125}\right)^{12t}

\implies \sf \ln\left(\dfrac{17474}{7790}\right)=12t \ln \left(1.0125}\right)

\implies \sf t=\dfrac{\ln\left(\frac{17474}{7790}\right)}{12 \ln \left(1.0125}\right)}

\implies \sf t=5.419413037...\:years

Therefore, the money was in the account for 5 years and 5 months (to the nearest month).

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∴32 - Y=5

∴Y = 27

∴ So . X×Y=32 × 27=864

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3 years ago
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