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Answer:
1) x=-3 (D)
2) x=10 (G)
3) x=1 (A)
4) x=3 (C)
Step-by-step explanation:
Answer:
The Aztecs achieved creating the canoe, the Aztec calendar, and really good medicine
Step-by-step explanation:
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You will need to use this formula:
Principal = Total ÷ (1 + Rate) ^ <span>years
</span><span>Principal = 35,000 / [1.08]^4
</span><span><span><span>Principal = 35,000 / 1.36048896
</span>
</span>
</span>
Principal =
<span>
<span>
<span>
25,726.04
</span>
</span>
</span>
So, you would have to deposit $25,762.04 @ 8 per cent to have 35,000 in four years.
Answer:
D
Step-by-step explanation:
Start by writing out w in terms of x. After one year, there is 1.08*x dollars in the account. x dollars are then deposited, giving us a total of 1.08*x + x (normally we would simplify this to 2.08 but looking at the answers this is not a good idea.) Next, multiply by 1.08 to account for the 2nd year's interest. This brings to total to w = 1.08(1.08*x + x) = (1.08^2)*x + 1.08*x. Factoring out x, we are left with w = (1.08^2 + 1.08) * x. Dividing both sides by (1.08^2 + 1.08), we are left with x = w/(1.08^2 + 1.08) so the answer is d.