The amount needed in the account when Frost retires is given by the annuity formula. Compounding is 2 times per year.
.. A = Pi/(n(1 -(1 +r/n)^(-nt)))
.. 17900 = P*.08/(2*(1 -(1 +.08/2)^(-2*12)))
.. 17900 = P*.04/(1 -(1.04^-24))
.. P ≈ 272,920.64
The compound interest formula can be used to find the present value required. 4015 days is 11 years (ignoring leap years), so the amount to deposit can be calculated from
.. A = P*(1 +r/n)^(nt)
.. 272,920.64 = P*(1 +.08/2)^(2*11) = P*1.04^22
.. P ≈ 115,160.33
We don't know about the company's obligation to Robert. To fulfill its obligation to Frost, it must deposit 115,160.33 today.
Step-by-step explanation:
b =-4 (y-intercept)
x =0
m = 0 (the line doesn't have a slope)
y = mx + c
y = 0(0) + (-4)
y = - 4
My teacher taught me a simple equation for these types of problems:
(percent of solution × amount of solution) + (percent of solution × amount of solution) = (percent of solution × total amount of solution)
in simple terms: %amount + %amount = %total amount
We know don't know how much gallons of 60% solution we need so it will be represented as x. We dont know the total amount either so it would have to be both solutions added together so 50 + x. Now lets solve:
(0.60)(x) + (0.24)(50) = (0.50)(50 + x) simplify/ distribute
0.6x + 12 = 25 +0.5x get all xs on one side and numbers on other
0.1x + 12 = 25
0.1x = 13 divide both sides by 0.1 to find x
x = 130
You need 130 gallons of 60% solution.
Answer:
233.5 in²
Step-by-step explanation:
First we have to find the slant height.
5²+14²=c²
25+196=c²
221=c²
c=14.866
Now we can find the lateral area.
rl
(5)(14.866)
=233.51566
To the nearest tenth=
233.5 in²
