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horsena [70]
3 years ago
7

A man invests $5000 in an account that pays 8.5% interest per year, compounded quarterly

Mathematics
2 answers:
vredina [299]3 years ago
7 0
Oh this is easy
5,000x.085=425
That is the amount he made in the year from intrest
Now cut that into a 4th
106.25
He makes 106.25 quarterly
notka56 [123]3 years ago
3 0
5000(1+.085/4)^n=1000
to find n use log:
1.02125^n 
N X log1.02125
when computed=32.9
round to 33 quarters compounded
33/4
equals to 8 years 3 months

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Suppose the 100 people in society X all know the same 10 facts, while the 10 people in society Z specialize, with each person kn
Ivan

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29 times

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5 0
3 years ago
Tanya is printing a report. There are 92 sheets of paper in the printer, and the number of sheets of paper p left after t minute
stira [4]

You missed a small portion of the question in the end. If I am not mistaken, I am able to find the complete question which you should have added. Anyways, this would help you clear your concept as I would explain the context.

Here is the complete question:

<em>Tanya is printing a report. There are 92 sheets of paper in the printer, and the number of sheets of paper p left after t minutes of printing is given by the function p(t) = -8t + 92. </em>

<em>How many minutes would it take the printer to use all 92 sheets of paper?</em>

<em />

Answer:

It would take 11.5 minutes for the printer to use all 92 sheets of paper

Step-by-step explanation:

Given:

  • Tanya is printing a report. There are 92 sheets of paper in the printer, and the number of sheets of paper p left after t minutes of printing is given by the function p(t) = −8t + 92

To determine:

How many minutes would it take the printer to use all 92 sheets of paper?

Given the function

p(t) = -8t + 92

We know that when all the 92 sheets of paper will be printed, there will be no more sheets left to be printed.

Therefore, we need to substitute p(t) = 0 in the given function to determine the value of time in minutes

0 = -8t + 92

8t = 92

Divide both sides by 8

\frac{8t}{8}=\frac{92}{8}

t=\frac{23}{2}

t = 11.5 minutes

  • Therefore, it would take 11.5 minutes for the printer to use all 92 sheets of paper
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