9514 1404 393
Answer:
P = 50,000
r = 0.08
i = 0.02
K = 4
n = 20
t = 5
Step-by-step explanation:
In this formula, r is the annual interest rate, 8% or 0.08. K is the number of times the interest is compounded in a year. Since interest is compounded quarterly, K = 4.
r = 0.08
i = r/K = 0.08/4
i = 0.02
t is the number of years interest is compounded, so ...
t = 5
n = Kt = 4·5
n = 20
P is the principal amount invested:
P = 50,000
Answer:
£160,000
Step-by-step explanation:
Alice bought the house in 2008 for £x.
In 2014, the house sold for a 20% profit, so it sold for 1.2x. (* see explanation below)
In 2019, the house sold for a 5% loss, so it sold for 0.95(1.2x). (* see explanation below)
In 2019, it sold for £182,400.
0.95(1.2x) = 182,400
1.14x = 182,400
x = 182,400/1.14
x = 160,000
Answer: £160,000
* Explanation of 1.2 and 0.95.
A quick way to apply a percent increase or decrease to a number is to using the following method. The number you start with is 100% of the number. If you are adding a percent to it, then add the percent to 100% and convert it to a decimal. If you are subtracting the percent, then subtract the percent from 100% and convert to a decimal. Then multiply the decimal by the original number to find the increased or decreased number.
Example of percent increase:
A book used to cost £10. The price went up by 12%. What is the new price?
100% + 12% = 112% = 1.12
1.12 * £10 = £11.20
Example of percent decrease:
A pair of trousers costs £60. It is on sale at 35% off the regular price. What is the sale price?
100% - 35% = 65% = 0.65
0.65 * £60 = £39
Answer:
- C = 0.97m
- $1164 for 1200 miles
- 845 miles for $820
Step-by-step explanation:
Given a car's cost of operation is $485 for 500 miles, you want an equation relating cost for m miles, and solutions to that equation for 1200 miles, and for a cost of $820.
<h3>Cost per mile</h3>
The cost per mile is found by dividing the cost by the associated number of miles:
$485/(500 mi) = $0.97 /mi
<h3>Equation</h3>
The equation for the cost will show the cost as the cost per mile multiplied by the number of miles:
C = 0.97m . . . . . where C is cost in dollars for m miles driven
<h3>1200 miles</h3>
The cost for driving $1200 miles will be ...
C = 0.97(1200) = $1164
The cost of driving 1200 miles is $1164.
<h3>$820</h3>
The number of miles that can be driven for a cost of $820 is ...
820 = 0.97m
m = 820/0.97 = 845.36
About 845 miles are driven for a cost of $820.
Answer: $62,400
Step-by-step explanation:
Answer:
6(8x-2)
48x- 12 (this is the answer)
Step-by-step explanation:
to do those, you use the distributive property, which is taking the number outside the parenthesis and multiplying it by everything inside of it
