An Investment of $10,000 yields 8% interest compounded quarterly. The accumulated capital after 6 months is $10,404. The accumulated capital after 5 years is $14.859.47
From the information given;
- The principal amount of investment = $10,000
- Interest Rate = 8% = 0.08
- number of times it get compounded = 4
a. we are to determine the amount of the accumulated capital after 6 months.
- i.e. when time (t) = 6 months.
Now, using the formula for calculating the amount value of the accumulated capital:
A = $10,404
b. we are to determine the amount of the accumulated capital after 5 years
- i.e. when time (t) = 5 years
A = $14859.47
Therefore, we can conclude that the accumulated capital after 6 months is $10,404 and the accumulated capital after 5 years is $14859.47
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The correct answer would be
D) 25s>2500+4.5s
Hope this helps and have a great day!
because $2500 spent + $4.50 supplies on each T shirt
so selling each shirt $25, if you want to make profit...total selling t shirt has to be greater than the total spent
Answer:
x=5
Step-by-step explanation:
y= -x/2 + 5/2
substitute y=0
0= -x/2 + 5/2
solve the equation
x=5
Answer: the lowest commission is $163.96
Step-by-step explanation:
Let x represent the lowest monthly commission that a salesman earned.
Let y represent the highest monthly commission that a salesman earned.
The lowest monthly commission that a salesman earned was only 1/5 more than 1/4 as high as the highest commission he earned. This means that
x = y/4 + 1/5 - - - - - - - - 1
The highest and lowest commissions when added together equal $819. This means that
x + y = 819
x = 819 - y - - - - - - -2
Substituting equation 2 into 1, it becomes
819 - y = y/4 + 1/5
Multiplying through by 20, it becomes
16380 - 20y = 5y + 4
25y = 16380 - 4 = 16376
y = 16376/25 = 655.04
x = 819 - 655.04 = 163.96
