Answer:
$ 103 for each person
Step-by-step explanation:
The effective rate is calculated in the following way:
where r is the effective annual rate, i the interest rate, and n the number of compounding periods per year (for example, 12 for monthly compounding).
our compounding period is 2 since the bank pays us semiannually(two times per year) and our interest rate is 8%
so lets plug in numbers:
Divide each term by U and simplify. X=y/U and W=2/U. Next, solve the equation for y. Simplify the left side then cancel the common factor of U. 1/1*y/1=y
W=2/U. Multiply 1/1*y/1=y/1 so, y/1=y and W=2/U. Next, divide y/y to get 1 now y=y, still W=2/U. Now, move all terms containing y to the left side. Since, Y contains the variable to solve for, move it to the left side of the equation by subtracting y from both sides. Now, y-y=0 still W=2/U. Next, subtract y from y to get zero and still W=2/U. Subtract y from y to get zero or 0=0 and W=2/U is your expression since 0=0.
Next: UW=m and WX=y+14 write expression for UX
First, divide each term by W and simplify. U=m/W, WX=y+14. Next, solve the equation for Y. Move y from the right side of the equation to the left side. Still, U=m/W and y=-14+WX. We must reorder -14 and WX. U=m/w and y=WX-14.
Replace the variable U with m/W in the expression to (m/W)X. Next, simplify (m/W)X. Now, write X and a fraction with denominator 1. Looks like this
fractions are side by side m/W X/1 . Multiply, m/W and X/1 to get mX/W.
mX/W is your final expression for UW=m and WX=y+14 expression for UX.
Answer:
42 tps
Step-by-step explanation:
I think
If correct pls give me brainliest
I am thinking A) Or B) because iPlease chose as best if i am wrong please don't be mad most of my stuff is correct
