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3 years ago

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A discounted concert ticket is $14.50 less than the proginal price p. you pay $53 for a discounted ticket. write and solve an eq

uation to find the original price

1 answer:

pishuonlain [190]3 years ago

7 0

79999.08 sjsn ajsjdn u djsjajs

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kondor19780726 [428]

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1. You invest $2500 with annual interest rate of 4%. How much money will you have after 5 years?Use the following formula:A = P(

Yuki888 [10]

$ 3042

Explanation

we need to use the formula:

$\begin{gathered} A=P(1+r)^t \\ \text{where} \\ \text{ P is the principal} \\ r\text{ is the rate ( in decimal)} \\ t\text{ is the time} \end{gathered}$

Step 1

a)let

$\begin{gathered} P=2500 \\ r=\text{ 4\% =}\frac{4}{100}=0.04 \\ r=0.04 \\ t=5\text{ ( years)} \end{gathered}$

b) now, replace

$\begin{gathered} A=P(1+r)^t \\ A=2500(1+0.04)^5 \\ A=2500(1.04)^5 \\ A=2500(1.2166) \\ A=3041.63 \\ \text{rounded} \\ A=3042 \end{gathered}$

therefore, the answer is

$ 3042

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1 year ago