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VladimirAG [237]
3 years ago
10

Emily would like to buy some new

Mathematics
1 answer:
bonufazy [111]3 years ago
6 0

Answer:

$14,277.80

Step-by-step explanation:

The standard formula for compound interest is given as;

A = P(1+r/n)^(nt) .....1

Where;

A = final amount/value

P = initial amount/value (principal)

r = rate yearly

n = number of times compounded yearly.

t = time of investment in years

For this case;

P = $7,400

t = 8 years

n = 4 (quarterly)

r = 9.5% = 0.095

Using equation 1.

A = $7,400(1+0.095/4)^(4×7)

A = $7,400(1.02375)^(28)

A = $7,400(1.929432606035)

A = $14,277.80

final amount/value after 8 years A =$14,277.80

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Ipatiy [6.2K]

Answer:

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Step-by-step explanation:

Given as :

The sum of four consecutive even number = - 12

Let The first even number = 2 x

The second even number = (2 x + 2)

The third even number = (2 x + 4)

The fourth even number = (2 x + 6)

<u>According to question</u>

sum of four consecutive even number = - 12

Or, 2 x + (2 x + 2) + (2 x + 4) + (2 x + 6) = - 12

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now, putting the value of x

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Hence, The largest even integer is 0  Answer

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