Answer: $15385 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.8%. So
r = 7.8/100 = 0.078
It was compounded for 4 years. Therefore,
t = 4
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. The total amount is given as $21000. Therefore
21000 = P (1+0.078/12)^12×4
21000 = P (1+0.078/12)^48
21000 = P (1+0.0065)^48
21000 = P (1.0065)^48
P = 21000/1.365
P = $15385
The answer is (x,y) = (-2, 16)
do you need an explanation as well?
Answer:
10
Step-by-step explanation:
h(x)=4x-2 h(x)=3
h(3)=4(3)-2 substitute
h(3)=12-2 multiply
=10 subtract
1)
I:x-y=-7
II:x+y=7
add both equations together to eliminate y:
x-y+(x+y)=-7+7
2x=0
x=0
insert x=0 into II:
0+y=7
y=7
the solution is (0,7)
2)
I: 3x+y=4
II: 2x+y=5
add I+(-1*II) together to eliminate y:
3x+y+(-2x-y)=4+(-5)
x=-1
insert x=-1 into I:
3*-1+y=4
y=7
the solution is (-1,7)
3)
I: 2e-3f=-9
II: e+3f=18
add both equations together to eliminate f:
2e-3f+(e+3f)=-9+18
3e=9
e=3
insert e=3 into I:
2*3-3f=-9
-3f=-9-6
-3f=-15
3f=15
f=5
the solution is (3,5)
4)
I: 3d-e=7
II: d+e=5
add both equations together to eliminate e:
3d-e+(d+e)=7+5
4d=12
d=3
insert d=3 into II:
3+e=5
e=2
the solution is (3,2)
5)
I: 8x+y=14
II: 3x+y=4
add I+(-1*II) together to eliminate y
8x+y+(-3x-y)=14-4
5x=10
x=2
insert x=2 into II:
3*2+y=4
y=4-6
y=-2
the solution is (2,-2)
