Rick is laying new tile in his entryway. The room is a perfect square measuring 144 square feet. He’s using 1-foot-square tiles,
1 answer:
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Answer:
This shows us that there are 1400 readers.
Step-by-step explanation:
To work this out you would first need to find how many times 5% goes into 100%, You can do this by dividing 100 by 5, this gives you 20. This is because the whole amount is equivalent to 100%.
To work out the total number of readers you would multiply 70 by 20, this gives you 1400. This is because we know that 70 is equivalent to 5% and that 5% goes into 100% 20. So by multiplying 70 by 20 we are working out the total (100%), and that this shows us there are 1400 readers.
1) Divide 100 by 5.
2) Multiply 70 by 20.
Answer:
The expression to compute the amount in the investment account after 14 years is: <em>FV</em> = [5000 ×(1.10)¹⁴] + [3000 ×(1.10)⁸].
Step-by-step explanation:
The formula to compute the future value is:
PV = Present value
r = interest rate
n = number of periods.
It is provided that $5,000 were deposited now and $3,000 deposited after 6 years at 10% compound interest. The amount of time the money is invested for is 14 years.
The expression to compute the amount in the investment account after 14 years is,
The future value is:
Thus, the expression to compute the amount in the investment account after 14 years is: <em>FV</em> = [5000 ×(1.10)¹⁴] + [3000 ×(1.10)⁸].