Answer:
The principal must be = $8991.88
Step-by-step explanation:
Formula for compound interest is:
Where A is the amount after 't' years.
P is the principal amount
n is the number of times interest is compounded each year.
r is the rate of interest.
Here, we are given that:
Amount, A = $15000
Rate of interest = 13 % compounded quarterly i.e. 4 times every year
Number of times, interest is compounded each year, n = 4
Time, t = 4 years.
To find, Principal P = ?
Putting all the given values in the formula to find P.
So, <em>the principal must be = $8991.88</em>
Answer:
Stretch and shrink the graph of a function. To stretch or shrink the graph in the y direction, multiply or divide the output by a constant. 2f (x) is stretched in the y direction by a factor of 2, and f (x) is shrunk in the y direction by a factor of 2 (or stretched by a factor of ).
Step-by-step explanation:
hope this helps!
Answer:
x = $0.85 per pound = 19.85 pounds
y = $2.70 per pound = 1.14 pounds
Step-by-step explanation:
Let
x = $0.85 per pound
y = $2.70 per pound
x + y = 21 (1)
0.85x + 2.70y = 19.95 (2)
From (1)
x = 21 - y
Substitute x = 21 - y into (2)
0.85x + 2.70y = 19.95 (2)
0.85(21 - y) + 2.70y = 19.95
17.85 - 0.85y + 2.70y = 19.95
- 0.85y + 2.70y = 19.95 - 17.85
1.85y = 2.1
y = 2.1 / 1.85
y = 1.14
Substitute y = 1.14 into (2)
0.85x + 2.70y = 19.95
0.85x + 2.70(1.14) = 19.95
0.85x + 3.078 = 19.95
0.85x = 19.95 - 3.078
0.85x = 16.872
x = 16.872 / 0.85
x = 19.85
x = $0.85 per pound = 19.85 pounds
y = $2.70 per pound = 1.14 pounds
