Answer:
16,800 votes.
Step-by-step explanation:
In the singing competition 42,000 votes were counted.
The winner received 3/5 of the votes.
The part of the votes that the winner did not receive was 1 - 3/5 = 2/5
So the winner did not receive 2/5 of 42,000 votes which is equivalent to:
= 16,800 votes.
Answer:
The expression to compute the amount in the investment account after 14 years is: <em>FV</em> = [5000 ×(1.10)¹⁴] + [3000 ×(1.10)⁸].
Step-by-step explanation:
The formula to compute the future value is:
PV = Present value
r = interest rate
n = number of periods.
It is provided that $5,000 were deposited now and $3,000 deposited after 6 years at 10% compound interest. The amount of time the money is invested for is 14 years.
The expression to compute the amount in the investment account after 14 years is,
The future value is:
Thus, the expression to compute the amount in the investment account after 14 years is: <em>FV</em> = [5000 ×(1.10)¹⁴] + [3000 ×(1.10)⁸].