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Degger [83]
3 years ago
5

(a) A photography student borrows RM2 500 to buy a camera. The bank loans this money at a rate of 9 % capitalized monthly. What

amount will the student have to reimburse two years later?
Mathematics
1 answer:
Monica [59]3 years ago
6 0

Answer:

The student will have to reimburse 2,991.03 two years later.

Step-by-step explanation:

This is a compound interest problem:

The compound interest formula is given by:

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

In which A is the amount of money, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per unit t and t is the time the money is invested or borrowed for.

In this problem, we have that:

A is the amount the student will have to reimburse two years later.

P is his loan. so P = 2,500

The bank loans this money at a rate of 9 % capitalized monthly. This means that r = 0.09 and n = 12, since the money is compounded monthly, this means, 12 times in a year.

He will have to reimburse two years later, so t = 2

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

A = 2,500(1 + \frac{0.09}{12})^{24}

A = 2,991.03

The student will have to reimburse 2,991.03 two years later.

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Question 26 pleaseee
LuckyWell [14K]

Answer:

The inequality is 55+10x\leq 105

The greatest length of time Jeremy can rent the jet ski is 5 and Jeremy can rent maximum of 135 minutes.

Step-by-step explanation:

Given: Cost of first hour rent of jet ski is $55

          Cost of each additional 15 minutes of jet ski is $10

          Jeremy can spend no more than $105

Assuming the number of additional 15-minutes increment be "x"

Jeremy´s total spending would be first hour rental fees and additional charges for each 15-minutes of jet ski.

Lets put up an expression for total spending of Jeremy.

\$55+ \$ 10\times x

We also know that Jeremy can not spend more than $105

∴ Putting up the total spending of Jeremy in an inequality.

\$ 55+\$10x\leq \$ 105

Now solving the inequality to find the greatest number of time Jeremy can rent the jet ski,

⇒ \$ 55+\$10x\leq \$105

Subtracting both side by 55

⇒ \$ 10x\leq \$50

Dividing both side by 10

⇒x\leq \frac{50}{10}

∴ x\leq 5

Therefore, Jeremy can rent for 60\ minutes + 5\times 15\\= 60\ minutes + 75= 135\ minutes

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5 0
3 years ago
This problem is taken from the delightful book "Problems for Mathematicians, Young and Old" by Paul R. Halmos. Suppose that 681
aleksley [76]

Answer:

680 games

Step-by-step explanation:

Suppose that 681 tennis players want to play an elimination tournament.

1st round:

One of 681 players, chosen at random, sits out that round and 680 players play. There will be 340 winners plus one player which sits - 341 players for the next round and 340 games

2nd round:

There will be 170 winners plus one player which sits - 171 players for the next round and 170 games

3rd round:

There will be 85 winners plus one player which sits - 86 players for the next round and 85 games

4th round:

There will be 43 winners - 43 players for the next round and 43 games

5th round:

There will be 21 winners plus one player which sits - 22 players for the next round and 21 games

6th round:

There will be 11 winners  - 11 players for the next round and 11 games

7th round:

There will be 5 winners plus one player which sits - 6 players for the next round and 5 games

8th round:

There will be 3 winners  - 3 players for the next round and 3 games

9th round:

There will be 1 winner plus one player which sits - 2 players for the next round and 1 game

10th round - final:

1 champion and 1 game.

In total,

340 + 170 + 85 + 43 + 21 + 11 + 5 + 3 + 1 + 1 = 680 games

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