Answer:
-$1000
Step-by-step explanation:
(3800 - x)*3.5/100 = (3800 + x)*6/100
(3800 - x)7/200 = 3/50(3800 + x)
3800 - x = 12/7(3800 + x)
3800 - x = 45600/7 + 12x/7
(19x + 19000)/7 = 0
19x = -19000
x = -$1000.
The minus implies that the investment must occur in the first account, not the second. It wouldn't make sense to add more money into the second account, because the second account already exceeds the $188 interest with the amount it has in there. Therefore $1000 must be added from the second account and invested into the first.
Answer:
Hi! I hope this is correct please inform me if this is incorrect :)
a = 1 will have.
2a + 3 < 9 - 3a.
2a + 3 > 10 -3a.
3a - 2a + 1>2.
a = 2 will have
ANY others I did not include in a = 1 :)
Please once again tell me if this is incorrect.
Step-by-step explanation:
Answer:
Decimal: 0.33
Percent: 33.33
Step-by-step explanation:
First 3/1 =0.33333333333 and so on
so put first to numbers 0.33
Second move decimal to right 2 places.
0.33 -> 03.3-> 33.0 or 33
There you go
Given the formula for future value annuity:
FV of annuity=P[(1+r)^n-1]/r
where:
P=principle
r=rate
n=time
the time taken to repay the loan will be:
1500=90[(1+0.06)^n-1]/0.06
90=90[(1+0.06)^n-1]
1=(1+0.06)^n-1
1+1=(1+0.06)^n
2=1.06^n
introduce natural log
ln2=nln1.06
n=ln2/ln1.06
n=11.8957=12 years
the answer is 12 years.
