Answer:
It'll take 38.3 years to obtain the desired return of $25,000.
Step-by-step explanation:
In order to solve a continuosly coumponded interest question we need to apply the correct formula that is given bellow:
M = C*e^(r*t)
Where M is the final value, C is the initial value, r is the interest rate and t is the time at which the money was applied. Since he wants an return of $25,000 his final value must be the sum of the initial value with the desired return. So we have:
(25000 + 8000) = 8000*e^(0.037*t)
33000 = 8000*e^(0.037*t)
e^(0.037*t) = 33000/8000
e^(0.037*t) = 4.125
ln[e^(0.037*t)] = ln(4.125)
t = ln(4.125)/(0.037)
t = 1.4171/0.037 = 38.2991
t = 38.3 years
Answer:
Quarters = 20
Dimes = 14
Step-by-step explanation:
Dime = x = 10 cent = $0.1
Quarter = y = 25 cent = $0.25
x + y = 34 - - - (1)
0.1x + 0.25y = 6.40 - - - - (2)
From (1)
x = 34 - y
0.1(34 - y) + 0.25y = 6.40
3.4 - 0.1y + 0.25y = 6.40
3.4 + 0.15y = 6.40
0.15y = 6.40 - 3.40
0.15y = 3
y = 3 / 0.15
y = 20
x = 34 - y
x = 34 - 20
x = 14
Quarters = 20
Dimes = 14
Answer:
B because the answer would be 22 14/15
Which variable is dependent on another variable's value?
-The number of squares Rosa cuts the brownies into because it is dependent on the number of people attending the potluck.
Therefore, the independent variable is p, the number of people attending the potluck.
Hope this helps! :)
Answer:
Carey walks faster
because if you divide 60 by 10, it equals 6
and if you divide 42 by 6, it equals 7 which makes it a bit faster than Nicole
