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Crank
3 years ago
5

A shipping company borrows $70 million at 5% p.a. compound interest to build a new cruise ship. If it repays the debt after 3 ye

ars, how much interest will the company pay?
Mathematics
1 answer:
dem82 [27]3 years ago
5 0

Answer:

about 11.03 million

Step-by-step explanation:

Use the equation I = P(1+r/100)^n - P (I is the compound interest, P is the principle, r is the rate percent, and n is the number of years):

Substitute the values given:

I = 70,000,000(1 + 5/100)^3 - 70,000,000

Use a calculator to solve and you will get ~11.03 million.

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I WILL MARK BRAINLIEST A bicycle manufacturing company makes a particular type of bike. Each child bike requires 4 hours to buil
Alona [7]

Using a system of equations, it is found that since 20 child bikes and 6 adult bikes would require more testing than the allocated time, it is not possible to build this amount.

<h3>What is a system of equations?</h3>

A system of equations is when two or more variables are related, and equations are built to find the values of each variable.

In this problem, the variables are:

  • Variable c: number of child bikes.
  • Variable a: number of adult bikes.

Each child bike requires 4 hours to build, as do each adult bike. The company has 100 hours of testing, hence:

4c + 4a = 100.

c + a = 25.

With 20 child bikes and 6 adult bikes in a week, we have that c = 20, a = 26, hence:

c + a = 26

20 child bikes and 6 adult bikes would require more testing than the allocated time, it is not possible to build this amount.

More can be learned about a system of equations at brainly.com/question/24342899

#SPJ1

4 0
2 years ago
Katie has 36 coins in her jar (nickels, dimes, and quarters) totalling $4.20. She has twice as many dimes as quarters. How many
Diano4ka-milaya [45]

Answer:

I think you need to mutply those. And you will get your answer.

Step-by-step explanation:

4 0
3 years ago
Translate the expression: “the difference between twice a number and 23”
kherson [118]

Answer:

23- 2x

Step-by-step explanation:

Twice a number is 2 and "x" represents "a number"

Key words: Twice, Difference (subtraction)

7 0
3 years ago
A semi circle has a radius 8.2 cm
zaharov [31]

Answer:

Step-by-step explanation:

Area=\frac{1}{2}*\pi *r^{2}\\\\=\frac{1}{2}*3.14*8.2*8.2\\\\=3.14*4.1*8.2\\

= 105.57

= 105.6 cm²

5 0
3 years ago
Read 2 more answers
Determine the number of degrees of freedom for the two-sample t test or CI in each of the following situations. (Round your answ
gulaghasi [49]

Answer:

Part a ) The degrees of freedom for the given two sample non-pooled t test is 24

Part b ) The degrees of freedom for the given two sample non-pooled t test is 30

Part c ) The degrees of freedom for the given two sample non-pooled t test is 30

Part d ) The degrees of freedom for the given two sample non-pooled t test is 25

Step-by-step explanation:

Degrees of freedom for a non-pooled two sample t-test is given by;

Δf = {[ s₁²/m + s₂²/n ]²} / {[( s₁²/m)²/m-1] + [(s₂²/n)²/n-1]}

Now given the information;

a) :- m = 12, n = 15, s₁ = 4.0, s₂ = 6.0

we substitute

Δf =  {[ 4²/12 + 6²/15 ]²} / {[( 4²/12)²/12-1] + [(6²/15)²/15-1]}

Δf  = 30184 / 1241

Δf  = 24.3223 ≈ 24 (down to the nearest whole number)

b) :- m = 12, n = 21, s₁ = 4.0, s₂ = 6.0

we substitute using same formula

Δf = {[ s₁²/m + s₂²/n ]²} / {[( s₁²/m)²/m-1] + [(s₂²/n)²/n-1]}

Δf = {[ 4²/12 + 6²/21 ]²} / {[( 4²/12)²/12-1] + [(6²/21)²/21-1]}

Δf = 56320 / 1871

Δf = 30.1015 ≈ 30 (down to the nearest whole number)

c) :- m = 12, n = 21, s₁ = 3.0, s₂ = 6.0

we substitute using same formula

Δf = {[ s₁²/m + s₂²/n ]²} / {[( s₁²/m)²/m-1] + [(s₂²/n)²/n-1]}

Δf = {[ 3²/12 + 6²/21 ]²} / {[( 3²/12)²/12-1] + [(6²/21)²/21-1]}

Δf = 29095 / 949

Δf = 30.6585 ≈ 30 (down to the nearest whole number)

d) :- m = 10, n = 24, s₁ = 4.0, s₂ = 6.0

we substitute using same formula

Δf = {[ s₁²/m + s₂²/n ]²} / {[( s₁²/m)²/m-1] + [(s₂²/n)²/n-1]}

Δf = {[ 4²/10 + 6²/24 ]²} / {[( 4²/10)²/10-1] + [(6²/24)²/24-1]}

Δf = 1044 / 41  

Δf = 25.4634 ≈ 25 (down to the nearest whole number).

6 0
3 years ago
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