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Yakvenalex [24]
3 years ago
10

Show AND justify each step of the solution. You will not receive credit unless you justify the step.

Mathematics
1 answer:
vitfil [10]3 years ago
4 0

Answer:

x=9

Step-by-step explanation:

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Use the compound interest formulas A = P 1 + r n nt and A = Pe rt to solve. 2) Suppose that you have $8000 to invest. Which inve
Gnoma [55]

Answer: A

Compound interest simply defined as the interest added at regular interval. Compound interested can be calculated using

Compound interest = P (1+) ^nt and Pe ^rt

P = Initial balance

r = Annual interest rate

n = Number of times the interest is compounded per year

t =Number of year money is invested

Using

Compound interest = P (1+ ) ^nt

Continuous

P= $ 8000

t = 6

r = 6.25%

=

= 0.0625

n = 1

Compound interest = 8000 (1+) ^1×6

= 8000 (1 + 0.0625) ^6

= 8000 (1.0625) ^ 6

= 8000× 1.4387

= $11,509.6

Semi- annually

P= $ 8000

t = 6

r = 6.3%

=

= 0.063

n = 2

Compound interest = 8000 (1+) ^2×6

= 8000 (1 + 0.063) ^12

= 8000 (1.063) ^12

= 8000× 1.4509

= $11,607.0

Investing $ 8000 semi-annually at 6.3% for 6 years yields greater return

Therefore the answer is (A)

3 0
3 years ago
Victoria is shopping for thank-you notes at Sweet Greetings. She is trying to decide between the three different packages of not
sleet_krkn [62]
For this question, you need to find the price per unit. The unit in this case is a note, so we are looking for the price of each individual note in the package. The way we find this is by taking the price divided by the number of notes So package one would come out to be (9/18) or .50 dollars per note. Package two would come out to be (12/16) or .75 dollars per not. Package three would be (4/10) or .40 dollars per note. Your answer would simply the one with the lowest price per note, and in this case would be package three
8 0
3 years ago
a recipe for sweet potato pie calls for 3/4 cup of milk. Martina has 6 cups of milk. How many sweet potato pies can she make wit
hoa [83]
6 ÷ 3/4 = 6/1 ×4/3 = 24/3= 8... 8 sweet potatoe pies
3 0
3 years ago
Read 2 more answers
A system of linear equations and the corresponding graph are shown below.
lys-0071 [83]

Answer:

Ummmm

need a picture to answer

8 0
3 years ago
Find an equation in slope intercept form of a line having slope 6 and y-intercept 2
xz_007 [3.2K]

Answer:

<h2>y = 6x + 2</h2>

Step-by-step explanation:

The slope-intercept form of an equation of a line:

y=mx+b

<em>m</em><em> - slope</em>

<em>b</em><em> - y-intercept</em>

<em />

We have the slope <em>m = 6</em>, and the y-intercept <em>b = 2</em>.

Substitute:

y=6x+2

4 0
3 years ago
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