A cube has 6 sides.
Find 1 side:
1 side = 2/3 x 2/3 = 4/9
Find 6 sides:
6 sides = 4/9 x 6 = 8/3 = 2 2/3 ft²
Answer: 2 2/3 ft²
We are given the following information
Investment = $5200
Annual interest rate = 4.2% = 0.042
Final amount = $16,500
Number of years = 27.7 years
Number of compoudings = quartely = 4
The student uses the following model

The general formula for compound interest is given by

As you can see, the number of compoundings is incorrect (3 vs 4)
The interest rate is also incorrect.
Let us substitute the given values into the above formula

Therefore, the final amount is approximately $16,543.5
Answer:
8,11,14,17,20,23,26
Step-by-step explanation:
Q = 3n+ 5
an=3n+5
a1=3(1)+5=8
a2=3(2)+5=11
a(3)=3(3)+5=14
a4=3(4)+5=17
a5=3(5)+5=20
a6=23
a7=26
Answer:
wheres the picture?
Step-by-step explanation:
Answer:
$2000 was invested at 5% and $5000 was invested at 8%.
Step-by-step explanation:
Assuming the interest is simple interest.
<u>Simple Interest Formula</u>
I = Prt
where:
- I = interest earned.
- P = principal invested.
- r = interest rate (in decimal form).
- t = time (in years).
Given:
- Total P = $7000
- P₁ = principal invested at 5%
- P₂ = principal invested at 8%
- Total interest = $500
- r₁ = 5% = 0.05
- r₂ = 8% = 0.08
- t = 1 year
Create two equations from the given information:


Rewrite Equation 1 to make P₁ the subject:

Substitute this into Equation 2 and solve for P₂:





Substitute the found value of P₂ into Equation 1 and solve for P₁:



$2000 was invested at 5% and $5000 was invested at 8%.
Learn more about simple interest here:
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