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dangina [55]
3 years ago
7

8+0=8 describe the number sentence

Mathematics
2 answers:
Wittaler [7]3 years ago
8 0
Whatever is adding with 0 its that number its like mulitipulcation with 1 because whatever is times by one like 25x1= 25
DanielleElmas [232]3 years ago
5 0
First you add 0 to to eight and there is your awnser  √√√√√√
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NO LINKS!!! Kim invested $5000 in Mutual fund at 6% compounded quarterly. Write an equation to represent this situation. When wi
Ira Lisetskai [31]

Answer:

Equation is  A = 5000(1.015)^(4t)

Her investment will be worth $10,000 in about <u>11.63888 years</u>

Rounding up to the nearest whole number gets to <u>12 years</u>

==========================================================

Explanation:

Part 1) Finding the equation

The compound interest formula is

A = P(1+r/n)^(n*t)

Here are the variables

  • A = final amount
  • P = starting amount, or deposit, or principal
  • r = interest rate in decimal form
  • n = number of times money is compounded per year
  • t = number of years

In this case,

  • P = 5000
  • r = 0.06 from the 6% annual interest
  • n = 4 times a year is the compounding frequency
  • t = unknown amount of time

Therefore, the equation is

A = P(1+r/n)^(n*t)

A = 5000(1+0.06/4)^(4t)

A = 5000(1.015)^(4t)

The decimal value is exact.

--------------------------

Part 2) Let's plug in A = 10,000 and solve for t.

You'll need to use logarithms to isolate the exponent.

A = 5000(1.015)^(4t)

10,000 = 5000(1.015)^(4t)

10,000/5000 = (1.015)^(4t)

2 = (1.015)^(4t)

Log[ 2 ] = Log[ (1.015)^(4t) ]

Log(2) = 4t*Log( 1.015 )

4t = Log(2)/Log(1.015)

4t = 46.5555256308062

t = 46.5555256308062/4

t = 11.6388814077015

t = 11.63888

It takes about 11.63888 years for the investment to reach $10,000.

Therefore, at the 12 year mark is when the investment is more than $10,000.

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