Answer: $ 90305.56
Step-by-step explanation:
To find the future value of the amount, use the compound interest formula as follows:
A = P( 1 + i/m)^mn
Where; A = Future amount after n years;
P = Principal amount or amount deposited which is equal to $50, 000 in this question.
i = interest rate charge which is 6% in this case
m = number of times compounded per year, thus, m = 2 in this case since it is compounded semi-annually.
n = number of years which is 10 years in this case.
Substituting in the equation:
A = 50 000( 1 + 0.06/2) ^ 2(10)
= $ 90305.56
Answer:
3 : 8
Step-by-step explanation:
9 boys + 15 girls = 24 Ratio is boys to total number of students = boys : total.no = 9 : 24 You simplify= 9 ÷ 3= 3 and 24 ÷ 3 = 8 <u>Answer</u> = boys : total.no = 3 : 8
Answer:
Step-by-step explanation:
In order to determine if James and Paco earn different amounts of money per hour, you must find how much money they make in one hour.
James:
James makes $35.40 in 3 hours. So, in 1 hour, he would make 35.40/3 = 11.8.
James makes $11.80 an hour.
Therefore, his equation would be d = 11.8h
Paco:
Paco makes $24.00 in 2 hours. So, in 1 hour, he would make 24/2 = 12.
Paco makes $12.00 an hour.
Therefore, his equation would be d = 12h
Hence, Paco and James make different amounts of money. Paco makes 20 cents, or $0.20, more than James.
Anything that has an equla sign would be considered a function.
In this case i would say that everything that has P is equal to would be function, and everything that has a percant sign would be weekly growth rate.
Hope that helps!!!
Answer:
x=8, y=4
Step-by-step explanation:
7x + 10y = 96
5(5x - 2y = 32)
7x + 10y = 96
25x - 10y = 160
32x = 256
x = 8
7(8) + 10y = 96
56 + 10y = 96
10y = 40
y = 4