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Lapatulllka [165]
3 years ago
13

Laura is thinking of a number such that the sum of the number and five times 2 more than the number is 26 more than four times t

he number. Determine what number is Laura thinking of.
Mathematics
1 answer:
Gre4nikov [31]3 years ago
3 0
<span>Determine what number is Laura thinking:
Let’s set a variable for our unknown number. Let’s have b.
=> b + 5 (b + 2) = 4b + 26
Now, we have our equation, let’s start solving.
=> b + 5b + 10 = 4b + 26
=> 6b + 10 = 4b + 26
=> 6b - 4b = 26 – 10
=> 2b = 16
=> b = 16 / 2
=> b = 8
Thus, the number that Laura is thinking of is 8.</span><span>

</span>



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The future value of this initial investment after the six year period is $2611.6552

Step-by-step explanation:

Consider the provided information.

A student desired to invest $1,540 into an investment at 9% compounded semiannually for 6 years.

Future value of an investment: FV=P(1+r)^n

Where Fv is the future value, p is the present value, r is the rate and n is the number of compounding periods.

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Therefore, the value of r is: r=\frac{0.09}{2}=0.045

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Hence, the future value of this initial investment after the six year period is $2611.6552

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