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Tju [1.3M]
2 years ago
14

You want a savings account to grow to $5000 in 10 years. If interest is 3.5% compounded continuously, how much should you invest

?
Mathematics
1 answer:
vazorg [7]2 years ago
6 0

Answer:

$3523.44

Step-by-step explanation:

5000 = X × e^(3.5/100)(10)

X = 5000 ÷ e^0.35

X = 3523.440449

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Sally made 4 1/2 pounds of trail mix. If she puts 1 1/8 pounds into each bag, how many bags can Sally fill?
boyakko [2]

Answer:

The answer is 4

Step-by-step explanation:

convert bot fractions into a decimal

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3 years ago
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A salesperson is paid a flat rate plus a fixed percentage of her sales. Last month, she sold $16,000 worth of goods and was paid
MA_775_DIABLO [31]

Answer:

She will be paid $1,350

Step-by-step explanation:

Let the flat rate be $x and the fixed percentage be y% = y/100

Thus, her payment per month will be

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For the 1st month, her pay calculations will look like this;

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For the month before the last, her calculations would be;

x + y/100(12,000) = 1,400

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It is these two equations that we now solve simultaneously.

We can directly get this by subtracting equation ii from i

That would be;

(x-x) + (160y-120y) = (1600-1400)

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x = $800

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= $800 + (5/100 * 11,000) = $800 + $550 = $1,350

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