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aev [14]
2 years ago
15

Points If a person invests $250 at 9% annual interest, find the approximate value of the investment at the end of 15 years.

Mathematics
1 answer:
AfilCa [17]2 years ago
7 0

Principal Amount = P = $250

Interest Rate = r = 9% = 0.09

Time in years = t = 15 years

Value of investment = A = ?

The formula to calculate the value on investment as a result of annual interest is:

A=P(1+r)^{t}

Using the values in the above formula, we get:

A=250(1+0.09)^{15}\\ \\  A=\$ 910.62

Thus, at the end of 15 years the value of the investment will be $ 910.62.

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A line passes through the point (4,-9) and has a slope of -6. Write an equation in slope intercept form for this line
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One hundred people are surveyed and asked if they trust candidate A or candidate B or candidate C in a local election. People ar
ElenaW [278]

Answer:

5 people trust none of the candidates

Step-by-step explanation:

To know how many people surveyed trust none of the candidates we need to find:

  • People that trust all three candidates: 5
  • People that just trust candidate B and C: This is equal to people that trust candidate B and C less people that trust all three candidates. So it is equal to: 17 - 5 = 12
  • People that just trust candidate A and C: This is equal to people that trust candidate A and C less people that trust all three candidates. So it is equal to: 12 - 5 = 7
  • People that just trust candidate A and B: This is equal to people that trust candidate A and B less people that trust all three candidates. So it is equal to:  7 - 5 = 2
  • People that just trus candidate C: This is equal to the people that trust candidate C less people that just trust candidate B and C less people that just trust candidate A and C less people that trust all three candidates. So, it is equal to: 48 - 12 - 7 - 5 = 24
  • People that just trus candidate B: This is equal to the people that trust candidate B less people that just trust candidate B and C less people that just trust candidate A and B less people that trust all three candidates. So, it is equal to: 44 - 12 - 2 - 5 = 25
  • People that just trus candidate A: This is equal to the people that trust candidate A less people that just trust candidate A and C less people that just trust candidate A and B less people that trust all three candidates. So, it is equal to: 34 - 7 - 2 - 5 = 20

Therefore, we can calculate how many people surveyed trust at least one candidate by the sum of the previous quantities as:

5 + 12 + 7 + 2 + 24 + 25 + 20 = 95

Finally, there are 100 people surveyed and 95 people trust at least one candidate, so 5 people trust none of the candidates.

3 0
3 years ago
Read 2 more answers
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