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GarryVolchara [31]
2 years ago
10

If $7800 is invested at 5.2% interest compounded monthly, how much will the investment be worth in 11 years?

Mathematics
2 answers:
valentinak56 [21]2 years ago
8 0

A=7800(1.00433)^132

A=7800*1.768844

<em><u>A=$13796.98</u></em>

Dahasolnce [82]2 years ago
5 0

Answer:

13803.03

Step-by-step explanation:

ape.x

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The college that Dora attends is selling tickets to the annual
Ksenya-84 [330]

Answer:

The solution of the system of equations is (11, 12)

Step-by-step explanation:

∵ The price of each student ticket is $x

∵ The price of each adult ticket is $y

∵ They sold 3 student tickets and 3 adult tickets for a total  of $69

∴ 3x + 3y = 69 ⇒ (1)

∵ they sold 5  student tickets and 3 adults tickets for a total of $91

∴ 5x + 3y = 91 ⇒ (2)

Let us solve the system of equations using the elimination method

→ Subtract equation (1) from equation (2)

∵ (5x - 3x) + (3y - 3y) = (91 - 69)

∴ 2x + 0 = 22

∴ 2x = 22

→ Divide both sides by 2 to find x

∵ \frac{2x}{2}=\frac{22}{2}

∴ x = 11

→ Substitute the value of x in equation (1) or (2) to find y

∵ 3(11) + 3y = 69

∴ 33 + 3y = 69

→ Subtract 33 from both sides

∵ 33 - 33 + 3y = 69 - 33

∴ 3y = 36

→ Divide both sides by 3

∵ \frac{3y}{3}=\frac{36}{3}

∴ y = 12

∴ The solution of the system of equations is (11, 12)

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