Addison was given a gift card for a coffee shop. Each morning, Addison uses the card to buy one cup of coffee. Each cup of coffe
1 answer:
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Before we start answering the question, let's define the compound interest formula:
Where:
<span>'A'</span> is the amount of money in dollars
'P' is the principal amount of money in dollars
'r' is the interest rate (decimal)
'n' is the number of times interest is compounded per year
't' is the time in years
<span>(A) Find Principal Amount
</span><u /><span><u>Given:</u>
</span>A = 12,000
P = ?
r = 0.08
n = 2 (semiannually)
t = 5
Now we plug our values in and solve:
∴ You would have to deposit $8106.77 in order to have $12,000 in 5 years from now.
(B) Find Principal Amount
Same given values as above, with the exception of 't' which is now 10 instead of 5.
∴ You would have to deposit $5476.64 in order to have $12,000 in 10 years from now.
Hope this helps!
Where:
<span>'A'</span> is the amount of money in dollars
'P' is the principal amount of money in dollars
'r' is the interest rate (decimal)
'n' is the number of times interest is compounded per year
't' is the time in years
<span>(A) Find Principal Amount
</span><u /><span><u>Given:</u>
</span>A = 12,000
P = ?
r = 0.08
n = 2 (semiannually)
t = 5
Now we plug our values in and solve:
∴ You would have to deposit $8106.77 in order to have $12,000 in 5 years from now.
(B) Find Principal Amount
Same given values as above, with the exception of 't' which is now 10 instead of 5.
∴ You would have to deposit $5476.64 in order to have $12,000 in 10 years from now.
Hope this helps!
Answer:
The other end point is: s+ti = 3+9i
Step-by-step explanation:
Mid-Point(M) in the complex plane states that the midpoint of the line segment joining two complex numbers a+bi and s+ti is the average of the numbers at the endpoints.
It is given by:
Given: The midpoint = -1 + i and the segment has an endpoint at -5 - 7i
Find the other endpoints.
Let a + bi = -5 -7i and let other endpoint s + ti (i represents imaginary )
Here, a = -5 and b = -7 to find s and t.
then;
[Apply Mid-point formula]
On comparing both sides
we get;
and
To solve for s:
or
-2 = -5+s
Add 5 to both side we have;
-2+5 = -5+s+5
Simplify:
3 = s or
s =3
Now, to solve for t;
2 =-7+t
Add 7 to both sides we get;
2+7 = -7+t+7
Simplify:
9 = t
or
t =9
Therefore, the other end point (s+ti) is, 3+9i