enya exchanges $200 for euros (€). Suppose the conversion rate is €1 = $1.321. How many euros should Kenya receive? (1 point) €2
1 answer:
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Answer:
Number of week day hours purchased is 5
Step-by-step explanation:
Total number of Parking hours purchased = 26 parking hours
Parking cost on weekdays = $2 per hour
Parking costs on weekends = $10 per hour
Total amount spent on parking = $220.
To Find:
Number of week days purchased = ?
Solution:
Let
The number of week days purchased be x
The number of weekends purchased be y
We know that the total hours purchased is 26
So,
x+y = 26
y = 26-x------------------------------------------------------(1)
Now the total cost is 220
(Total number of weekdays X cost per weekday ) +(Total number of weekends + cost per weekend) =220
Substituting the values
=> = 220
=>
=>2x + 260 -10x =220
=>260 -8x = 220
=>260 -220 =8x
=>40 = 8x
=>x=
x= 5-------------------------------------------(2)
Now substituting (2) in (1) we get
y= 26-5
y= 21
Answer:
$18,726.11
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
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First lets change 9% into a decimal:
9% -> -> 0.09
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
<u>The balance after 5 years is $18,726.11</u>