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Roman55 [17]
3 years ago
6

You deposit $7,500 into an account. After 10 years, the account is worth $44,187.02. If the interest compounds quarterly, calcul

ate the annual interest rate.
Mathematics
1 answer:
Degger [83]3 years ago
3 0
The quarterly interest rate is
.. (44187.02/7500)^(1/40) -1 = 0.0453358
so the annual rate is 4 times that amount, about 18.13%
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a positive number is 7 times another number if 3 is added to both the numbers then one of the new number becomes 5 by 2 times th
Neko [114]

Answer:

7 and 1

Step-by-step explanation:

Let the numbers be a and b.

<u>A positive number is 7 times another number:</u>

  • a = 7b

<u>If 3 is added to both the numbers then one of the new number becomes 5 by 2 times the other new number:</u>

  • a+3 = 5/2 × (b +3)

<u>To solve this we substitute </u><u>a</u><u> with </u><u>7b</u><u> in the second equation:</u>

  • 7b + 3 = 5/2 × (b +3)               ⇒ multiplying both sides by 2
  • 14b + 6 = 5b + 15                    ⇒ collecting like terms
  • 14b - 5b = 15 - 6
  • 9b = 9
  • b = 1                                        ⇒ solved for b

<u>Then, finding a:</u>

  • a= 7b
  • a=7*1
  • a= 7                                        ⇒ solved for a

<u>So the numbers are</u> 7 and 1

3 0
3 years ago
Use the discriminant to determine the nature of the roots of the following equation.
kvv77 [185]

Discussion

The discriminate is b^2 - 4*a*c

The general equation for a quadratic is ax^2 + bx + c

In this equation's case

a = 1

b= -5

c = - 3

Solve

(-5)^2 - 4*(1)*(-3)

25 - (-12)

25 + 12

37

Note

Since the discriminate is > 0, the roots are real and different. The roots do exist and there are 2 of them.

4 0
3 years ago
Cerebral $500 for four years at 3% interest compounded annually use the formula to calculate the total amount she will have to p
Black_prince [1.1K]
Since we're doing compound interest for four years it will be simpler than daily.
In case you didn't know the formula, here it is: A = P (1 +r/n)^(nt)
now lets substitute.
A = 500 (1 + 0.03)^4
A = 500 (1.03)^4
A = 500 (1.12550881)
A = 562.754405
Since that decimal is too big for cash, let's round it. Notice that the number after 5 is lower than 5. Thus the first two numbers stay the same and the final answer will be..
A = 562.75
Hope this helps :3
4 0
3 years ago
-10+8x=70 Anyone have the answer for these <br><br><br><br> 142+x x+62
Naddik [55]

Answer:

Step-by-step explanation:

U need to think

7 0
3 years ago
Anyone 1 on 1 tutoring? ​
Sav [38]

Answer:

What do you need help on?

Step-by-step explanation:

8 0
3 years ago
Read 2 more answers
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