5x^2 - 24x + 8 is your answer to this equation
Answer:
Step-by-step explanation:
1) 30 : 100 = x : 299
x = (30 x 299)/100
x = 89,70 $
2) 299 - 89,70 = 209,30 $
3) 5 : 100 = x : 209,30
x = 10,465 $
209,30 + 10,465 = 219,77 $
Answer: $15385 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.8%. So
r = 7.8/100 = 0.078
It was compounded for 4 years. Therefore,
t = 4
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. The total amount is given as $21000. Therefore
21000 = P (1+0.078/12)^12×4
21000 = P (1+0.078/12)^48
21000 = P (1+0.0065)^48
21000 = P (1.0065)^48
P = 21000/1.365
P = $15385
$20 because 10% of 40 is 10 and the price now is 40 so 2 years before would have been 20
A vat of water and a weighing scale