Three students divided 53 base ten blocks equally among them.How many base ten blocks does each student receive?How many were le
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Answer:
Small gift: $2
Large gift: $7
Step-by-step explanation:
Let x represent cost of wrapping each small gift and y represent cost of wrapping each large gift.
We have been given that day one 41 small gifts were wrapped and 45 large were wrapped equaling $397.
We can represent this information in an equation as:
We are also told that day two 30 small gifts were wrapped and 47 large were wrapped equaling $389. We can represent this information in an equation as:
From equation (1), we will get:
Upon substituting this value in equation (2), we will get:
Therefore, cost to wrap a large gift is $7.
Upon substituting in equation
, we will get:
Therefore, cost to wrap a small gift is $2.
Depends on your state. Each state is different. I'll try to post the complete list.
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Answer:
Part A)
About $3767.34.
Part B)
About $3692.47.
Step-by-step explanation:
Part A)
Recall that compound interest is given by the formula:
Where <em>A</em> is the final amount, <em>P</em> is the initial amount, <em>r</em> is the interest rate, <em>n</em> is the number of times compounded per year, and <em>t</em> is the number of years.
To obtain $4000 after two years, let <em>A</em> = 4000 and<em> t</em> = 2.
Because the account pays 3% interest compounded monthly, <em>r</em> = 0.03 and <em>n</em> = 12.
Substitute and solve for <em>P: </em>
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In concluion, about $3767.34 should be deposited.
Part B)
Recall the formula for continuous compound:
Where <em>e</em> is Euler's number.
Hence, let <em>A</em> = 4000, <em>r</em> = 0.04 and <em>t</em> = 2. Substitute and solve for <em>P: </em>
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In conclusion, about $3692.47 should be deposited.