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Rina8888 [55]
3 years ago
12

Please help me

Mathematics
1 answer:
galben [10]3 years ago
4 0

Answer:

A = 0.25*j + 1

Step-by-step explanation:

The question presented here is an application of linear models. The $1 amount is fixed and does not depend on any factor such as the cups of orange juice sold.

Furthermore, we are informed that we earn $0.25 for every cup of orange juice sold. This means that we shall earn 0.25 j by selling  j cups of orange juice.

The variable total amount, A will thus depend on the fixed amount of $1 and the variable income 0.25 j.

The equation in two variables that will represent the total amount A (in dollars) you have after selling j cups of orange juice will thus be;

A = 0.25*j + 1

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Carlos deposited $7,924 into a savings account 30 years ago. The account has an interest rate of 4.6% and the balance is current
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Answer:

n = 1, this means the interest compounds ANNUALLY.

Step-by-step explanation:

Carlos deposited $7,924 into a savings account 30 years ago. The account has an interest rate of 4.6% and the balance is currently $30,541.83. How often does the interest compound?

Compound Interest Formula

: A = P(1 + r/n)^nt

A = Amount after time t

P = Principal (Initial Amount Invested)

r = Interest rate

n = Number of times the interest is compounded

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A = $30,541.83

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t = 30

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Hence,

$30,541.83 = $7924(1 + 0.046/n)^30n

Divide both sides by 7924

$30,541.93/$7924 = (1 + 0.046/n)^30n

$30,541.93/$7924 = (n + 0.046/n)^30n

3.8543576477 = (n + 0.046/n)^30n

We take the logarithm of both sides

log 3.8543576477 = log (n + 0.046/n)^30n

Solving for n,

n = 1

Therefore, from the calculation above, since n = 1, this means the interest compounds ANNUALLY.

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