Answer:
y = 20x + 5
Step-by-step explanation:
X = Y/20 - 1/4
In this type of expression you will first of all find the LCM of the right hand side
x = y - 5/ 20
the next thing to do is to cross multiply
we have,
20x = y - 5
dont forget we are to solve for y in the equation, so to solve for y we have
20x + 5 = y
therefore y will be expressed in terms of x as written below
y = 20x + 5
I think that is arithmetic i not totally sure
The answer is .0083333333
Very complicated problem, but thank goodness I have too much time and am a nerd.
Basically model 1st account as so.
Fv=pv(1+I)^N
Fv future value
Pv present value
I interest
N number years
So first equation is interest earned after 3 years
Y=5000(1+0.023)^3
Y=5353 (rounded up)
So we know that the interest earned is 5353-5000 which is 353.
Now Ronisha (clearly the name of a future investment genius) invests these 353$ in a new account.
Now remember we’re not solving for FV we’re cause we’re given that: 55.2$
However this is the interest earned not the future value. So if interest earned is fv - pv and we know pv
Fv - 353 = 55.2
Fv = 408.2$
So now we reuse the formula
408.2 = 353(1+0.032)^x
Now just solve for x:
First divide both sides by 353
1.156 = 1.032^x
Remember the log rule that states x=b^y is same as y=logb(x)
So using the same logic:
X= log1.032(1.156)
Use some kind of calculator for that where you can adjust log base. But you basically get:
X= 4.602
So Ronisha has to basically invest 5 years or 4.6 years which is 4 years and 7 months.
Omg nevermind, wait it’s simple interest….
Sorry here’s the simple solution. My bad, but I worked so hard on the top part I don’t want to delete it.
I=prt
Interest = principal * rate * time
I= 5000(0.023)(3)=345
Then just do the same but plug 55.2 for I
55.2 = 345(0.032)t
Now solve for t
55.2 = 11.04t
t= 5
As you can see, similar logic where ultimately it takes 5 years. But this “genius” Ronisha should’ve just done compounding interest (my first calculation) and gotten it done in 4.6 years. Almost 5 months faster.
A
both the x and y values are increasing at a steady rate (x by 3 and y by 5)
because it’s y/x, you would put the increase in the y value over the increase in the x value
hope that helps :)
