14560=13000(1+r)^4/12
Now can you solve for r?
Answer:
28 baskets
Step-by-step explanation:
Total Shots = 100
Backboard and miss = 2/5 of total
That is:
Rim and miss = 32% of total
That is:
32% = 32/100 = 0.32
0.32 * 100 = 32 shots
So, miss = 40 + 32 = 72
The rest, she makes, so left:
100 - 72 = 28 shots
Alicia makes 28 baskets (from 100)
No it's positive since if you multiply both sides by -1 you will get 5m=20 & m=4
Another method -5m =-20, divide both sides by -5, you will get the same positive m =4
By applying the formulas of present and future values of annuity we can solve this problem. In this mortgage problem, first we have to find loan amount after the down payment. It is 699,000 - 699,000 * 0.2 = 559,200$. We have to set it as PV (Present Value) of annuity. Using the PV formula ![PV = A \frac{[1- \frac{1}{(1+r)^{N}}]}{r}](https://tex.z-dn.net/?f=%20PV%20%3D%20A%20%5Cfrac%7B%5B1-%20%5Cfrac%7B1%7D%7B%281%2Br%29%5E%7BN%7D%7D%5D%7D%7Br%7D%20)
, we first find A, which is an annual payment. Exact calculation with mortgage calculator gives us A = 33,866.56$. After finding it, plugging this number into FV (Future Value) formula ![FV = A\frac{[(1+r)^{N}-1]}{r}](https://tex.z-dn.net/?f=%20FV%20%3D%20A%5Cfrac%7B%5B%281%2Br%29%5E%7BN%7D-1%5D%7D%7Br%7D%20%20%20)
, we find the value of the future value and it is 1,185,329.66$. And the total financial charge is 1,185,329.66 - 559,200 = 626,129.66$
1.) a>10
2.) a<3.5
How I got it: 1.) Subtract 3 from both sides, leaving -2a<10.
2.) Divide by -2 from both sides, remember to flip the inequality sign when dealing with negatives. This leaves you with a>10.
For number 2.) I divided both sides by 5, leaving a<3.5, though this answer may be wrong.
