I know you can create an equation to solve this but its been a while since ive done this so im going to slowly write it out.
Day-1=12
2=18
3=24
4=30
5=36
6=42
7=48
8=54
9=60*
n=9
Answer:
423
Step-by-step explanation:
Answer:
The correct answer 8486.
Step-by-step explanation:
Given:
Troy - P pr principle amount = 10000
rate = 9%
time = 60-22 = 38
intrest at every three months so time = t = 38*4 = 132
Nicohlas
P = x
rate = 10%
time = 60 -45 = 15
every month compounded = 15*12=180
solution:
the formula of compound intrest = P (1 + r/n)^(nt)
where n = number of counded intrests per year
puting formula for troy=
10000 (1+9/4)^132
= 294,322.96 .....1
now for nicolas
I = x(1+10/12)^180
x = 294,322.96/(1+10/12)^180
= 8486.
X² - 4x - 77 = 0
( x + 7) ( x - 11)
x + 7 = 0
x - 11 = 0
x = -7
x = 11