Answer:
1 1/15
Step-by-step explanation:
Answer:
Step-by-step explanation:
hello :
√(5/4)= √5/ √4 =√5/2 = (1/2)√5
3+√5/4−√5 = 3+(1/2)√5 so : a=3 and b= 1/2
We have been given that an account is opened with a balance of $3,000 and relative growth rate for a certain type of mutual fund is 15% per year.
In order to tackle this problem we have to find the value of mutual fund after 5 years. For our purpose we will use compound interest formula.
,where A= amount after t years, P= principal amount, r= interest rate (decimal) and t= number of years.
After substituting our given values in above formula we will get
Now we will solve for A
Therefore, after 5 years mutual fund is worth $6034.07.
Answer:
x = 10
Step-by-step explanation:
30/35 = (6x-6)/63
210x - 210 = 1890
210x = 2100
x = 10