3 years ago

I NEED HELP, THIS IS DUE BY TONIGHT

Mathematics

1 answer:

finlep [7]3 years ago

4 0

Well the minutes are 198 still working on the rest

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Solve for b in the literal equation y = 11x + 11b

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Answer:

Step-by-step explanation:

$y = 11x + 11b\\Move \: 11x\:to\:the \:left\:and\:change\:its\:sign\\\\y -11x =11b\\\\Divide\:both\:sides\:of\:the\:equation\:by\: 11\\\frac{y}{11} -\frac{11x}{11} = \frac{11b}{11} \\y/11 -x =b\\\\b = \frac{y}{11} - x$

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3 years ago

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How much must be deposited today into the following account in order to have $35,000 in 7 years for a down payment on a house?

Rom4ik [11]

Answer:

The amount that must be deposited is $ 19973.87.

Step-by-step explanation:

We have a relation between future value present value as:

F= P $(1 +\frac{r}{n} )^{nt}$

F=future value

P=present value

r=rate (as a decimal)

n=number of compounding periods per year

t=number of years

Now,

assume rate as 8%

35000= P $(1+\frac{0.08}{12} )^{12*7}$

or, 35000= P × $1.0067^{84}$

or, P = $\frac{35000}{1.7522}$

or, P = $ 19973.87

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