(2/3)^3(1/5•2/3)^-3(1/5)^4 PLS HELP
1 answer:
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Answer:
OPTION A: Divide both the sides by 5
Step-by-step explanation:
We are given: 5z - 3 = 12
When we add 9 to both sides we get:
5z - 3 + 9 = 12 + 9
⇒ 5z + 6 = 21
⇒ 5z = 21 - 6 = 15
⇒ 5z = 15
To find the value of z we have to divide both the sides by 5.
i.e.,
⇒ z = 3.
Answer:
A. $29,045.68
B. $28,981.85
C. Compound daily applies interest everyday over a period of 365 days in a year. Compound annually only applies the 3% interest once a year.
Step-by-step explanation:
3% compounded daily:
A = P(1 + r/n)^nt
= 25000(1 + )^365(5)
= 25000(1.00008219)¹⁸²⁵
= 25000(1.161827)
= 29045.6770
3% compounded annually:
A = P(1 + r/n)^nt
= 25000(1 + )^1(5)
= 25000(1.03)⁵
= 25000(1.159274)
= 28981.8518