To calculate amount accrued after a given period of time we use the compound interest formula: A= P(1+r/100)∧n where A i the amount, P is the principal amount, r is the rate of interest and n is the interest period.
In the first part; A= $ 675.54, r= 1.25% (compounded semi-annually) and n =22 ( 11 years ), hence, 675.54 = P( 1.0125)∧22
= 675.54= 1.314P
P= $ 514.109 , therefore the principal amount was $ 514 (to nearest dollar)
Part 2
principal amount (p)= $ 541, rate (r) = 1.2 % (compounded twice a year thus rate for one half will be 2.4/2) and the interest period (n)= 34 (17 years×2)
Amount= 541 (1.012)∧34
= 541 ×1.5
= $ 811.5
Therefore, the account balance after $ 811.5.
Answer:
The volume of the concentrated 80 gallons mixture is 20 gallons
The volume of water in the 80 gallons mixture is 60 gallons
Step-by-step explanation:
The given parameters are;
The content of Container A = The cleaner
The concentration of the cleaner = 20% solution
The content of Container B = Pure water
The concentration of the desired solution = 5%
The volume of the required solution = 80 gallons
Let x represent the volume of the concentrated solution and y represent the volume of water in the 80 gallons mixture
Therefore, we have;
20/100 × x + y×0 = 5/100×80
x + y = 80
y = 80 - x
20/100 × x + (80 - x)×0 = 5/100×80
0.2·x = 4
x = 4/0.2 = 20
x = 20 gallons
y = 80 - x = 80 - 20 = 60
y = 60 gallons
The volume of the concentrated solution (80 gallons mixture) = x = 20 gallons
The volume of water in the 80 gallons mixture = y = 60 gallons.
7.84 <span> 56% off 14 is equal to (56 x 56) / 100 </span>
