Which types of triangles can be formed by taking the cross-section of a cube?

A certain company recently sold five-year $1000 bonds with an annual yield of 9.75%. After how much time could they be sold for

Brut [27]

Answer:

After 7 years and 5 months.

Step-by-step explanation:

Let x represent number of years.

We have been given that a certain company recently sold five-year $1000 bonds with an annual yield of 9.75%.

We can see that the value of bond is increasing exponentially, so we will use exponential growth formula to solve our given problem.

$y=a\cdot (1+r)^x$ , where,

y = Final value,

a = Initial value,

r = Rate in decimal form,

x = Time

$9.75\%=\frac{9.75}{100}=0.0975$

Substituting given values:

$y=1000\cdot (1+0.0975)^x$

$y=1000\cdot (1.0975)^x$

Since we need the selling price to be twice the original price, so we will substitute $y=2000$ in above equation as:

$2000=1000\cdot (1.0975)^x$

$\frac{2000}{1000}=\frac{1000\cdot (1.0975)^x}{1000}$

$2=1.0975^x$

Switch sides:

$1.0975^x=2$

Take natural log of both sides:

$\text{ln}(1.0975^x)=\text{ln}(2)$

Applying rule $\text{ln}(a^b)=b\cdot \text{ln}(a)$ :

$x\cdot \text{ln}(1.0975)=\text{ln}(2)$

$\frac{x\cdot \text{ln}(1.0975)}{\text{ln}(1.0975)}=\frac{\text{ln}(2)}{\text{ln}(1.0975)}$

$x=\frac{0.6931471805599453}{0.0930348659671894}$

$x=7.45040231265$

$x\approx 7.4504$

Since x represents time in years, so we need to convert decimal part into months by multiplying .4504 by 12 as 1 year equals 12 months.

7 years and 12*0.4504023 months = 7 years 5.4 months = 7 years 5 months

Therefore, after 7 years and 5 months the company could sold the bonds for twice their original price.

8 0

3 years ago

Solve systems of equations by algebraically x-2y=7 2x+5y =5

Natali [406]

Answer:

(5,-1) or x=5 y=-1

Step-by-step explanation:

I used the substitution method to solve this!

1. Pick one of your equations and solve for one of the variables. I chose the first equation and solved for x.

x-2y=7

(Move the -2y to the other side of the equation in order to get the x by itself. You do the opposite, so it becomes +2y.)

x=2y+7

2. Now take your second equation and plug in what you got for x into the x variable.

2(2y+7)+5y=5

(Multiple 2 by everything inside of the parentheses.)

4y+14+5y=5

(We want to get the y by itself, so move the 14 to the other side.)

4y+5y=-14+5

(Combine all the like terms.)

9y=-9

(Divide the 9 from the y. What you do to one side you must do to the other.)

y=-1

3. Since you have one variable solved for. Now take the first equation and plug in your y.

x-2(-1)=7

(Multiple -2 by -1)

x+2=7

(Move the 2 to the other side in order to get the x by itself.)

x=5

4. If needed, plug in your x and y values into the equations in order to check your answer.

Hope this could help!

8 0

3 years ago

Read 2 more answers

Whats the answer to 10 + 5( x - 3) -7x when simplified

DedPeter [7]

Simplifying x + 2x = 5 + 10 Combine like terms: x + 2x = 3x 3x = 5 + 10 Combine like terms: 5 + 10 = 15 3x = 15 Solving 3x = 15 Solving for variable 'x'. Move all terms containing x to the left, all other terms to the right. Divide each side by '3'. x = 5 Simplifying x = 5

4 0

3 years ago

Read 2 more answers

Talia took the bus from her home to the bank and then walked back to her home along the same route. The round trip took 0.9 hour

larisa [96]

The rate of trip 2 is 5 km/h

The time of trip 1 is 0.9-x hours

3 0

3 years ago

The formula for perimeter of a rectangle is P=2L+2W where L is the length and w is the width. A rectangle has a perimeter of 24

Black_prince [1.1K]

24=2(w+4)+2w=4w+8, subtract 8 from both sides 4w=16, w=4. L=w+4 so l is 8. The dimensions are 8 by 4.

8 0

3 years ago