If Jeannie invests $7,250 at a rate of 12%, compounded weekly, find the value of the investment after 10 years. $24,037.59 $16,0
2 answers:
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Answer:
Step-by-step explanation:
At the start of the day there are g pounds of gravel in the quarry.
Then it says that there were 300 pounds added to the mound, so at this point the pounds of gravel in the mound are now g+300.
Then two orders of 700 pounds are sold and removed from the mound. That means they removed 700 pounds from the mound 2 times. Therefore at this point the pounds of gravel in the mound are now g+300-700-700.
Then it says that at this point, the amount of pounds in the mound are 1500. Hence we get
To solve for g we just add 700 two times to both sides of the equation, and subtract 300 from both sides of the equation, getting:
And so