Answer:
It takes 75 years for the investment to quadruple in value
Step-by-step explanation:
Simple Interest
This is a simple interest problem.
The simple interest formula is given by:
In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:
In this question:
4% simple interest per year, so I = 0.04.
Quadruple:
t when T = 4P.
The interest earned is:
Now we find the time.
It takes 75 years for the investment to quadruple in value
Answer:
Step-by-step explanation:
The better buy is the one where you get more area of pizza per dollar (area/price).
Since the problem gives diameter, we assume the pizzas are circle-shaped.
Circle Area = pi x (radius)², and radius r = 1/2 of diameter d.
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Pizza 1: d = 8 and price is $10
r = 1/2 x d = 4
Area of Pizza 1 = πr² = π(4)² = 16π
*** area/price for Pizza 1 = 16π/$10 = 1.6π area per dollar
**********************************************************************************
Pizza 2: d = 14 and price is $16
r = 1/2 x d = 7
Area of Pizza 2 = πr² = π(7)² = 49π
*** area/price for Pizza 2 = 49π/16 = 3.0625π area per dollar
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Pizza 2 is the better buy, with more pizza per dollar.
Because 3/4 = 9/12, anything such as 10/12, 11/12, and maybe even 12/12 will work.
464 = 10w + 10u
464 = 10(11.60) + 10u
464 = 116 + 10u
384 = 10u
38.4 per jersey
