100 (10)
121 (11)
144 (12)
169 (13)
196 (14)
Answer:
and example hope it helps
Answer:
8 lb of flounder at $2.50/lb
4 lb of shrimp at $5.00/lb
Step-by-step explanation:
Let A be the pounds of shrimp
Let B be the pounds of flounder
Let C be the cost per pound of flounder
A + B = 12
A = 12 - B
BC = 20
A(2C) = 20
BC = A(2C)
BC = (12 - B)(2C)
BC = 24C - 2BC
3BC = 24C
3B = 24
B = 8 lb
A + 8 = 12
A = 4 lb
To calculate amount accrued after a given period of time we use the compound interest formula: A= P(1+r/100)∧n where A i the amount, P is the principal amount, r is the rate of interest and n is the interest period.
In the first part; A= $ 675.54, r= 1.25% (compounded semi-annually) and n =22 ( 11 years ), hence, 675.54 = P( 1.0125)∧22
= 675.54= 1.314P
P= $ 514.109 , therefore the principal amount was $ 514 (to nearest dollar)
Part 2
principal amount (p)= $ 541, rate (r) = 1.2 % (compounded twice a year thus rate for one half will be 2.4/2) and the interest period (n)= 34 (17 years×2)
Amount= 541 (1.012)∧34
= 541 ×1.5
= $ 811.5
Therefore, the account balance after $ 811.5.
