Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
<h3>
Compound interest</h3>
Compound interest is given by:
where A is the amount after t years, P is initial amount, r is the rate and n is the times compounded per period
Given that n = 1, r = 9% = 0.09, A = $7500 t = 11. Hence:
Mr. and Mrs. Bailey need to invest $2906.50 so as to send their son to college.
Find out more on Compound interest at: brainly.com/question/24924853
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Answer:
<u>3</u> * <u>3</u>
4 1
Step-by-step explanation:
To convert division problems with fraction into multiplication problems use the KCF rule
- Keep the 1st Fraction the same
- Change the division sign to a multiplication sign
- Flip the fraction (reciprocal)
Answer:
0.95, 2.15
Step-by-step explanation:
cookie-x
ice bar-y
7x+2y=10.95 (*3)
4x+3y=10.25 (*2)
21x+6y=32.85
8x+6y=20.5
21x-8x=32.85-20.5=12.35
13x=12.35
x=0.95
2y=10.95-7*0.95=4.3
y=2.15
Answer:
5
Step-by-step explanation:
( divide numerator and denominator by 5 ) , then
= 
( with missing number ? = 5 )
