Answer:
$ 8,695.35
Step-by-step explanation:
This is a compound interest question
Amount after t years = A = P(1 + r/n)^nt
Where P = Initial Amount saved
r = interest rate
t = time in years
n = compounding frequency
A = 10,000
r = 3.5 %
t = 21 - 17 = 4 years
n = Compounded monthly = 12
Step 1
Converting R percent to r a decimal
r = R/100 = 3.5%/100 = 0.035 per year.
P = A / (1 + r/n)^nt
Solving our equation:
P = 10000 / ( 1 + (0.035/12)^12 ×4 =
P = $8,695.35
The principal investment required to get a total amount, principal plus interest, of $10,000.00 from interest compounded monthly at a rate of 3.5% per year for 4 years is $8,695.35.
Answer:
-2.5
Step-by-step explanation:
Plugged into calculator
Answer: 18
Step-by-step explanation:
Let x be the number of 2 point baskets made and y be the number of 3 point baskets made
:
1) x + y = 26
:
2) 2x + 3y = 60
:
solve equation 1 for x and substitute in equation 2
:
x = 26 - y
:
2(26 - y) +3y = 60
:
52 -2y +3y = 60
:
y = 8
:
x = 26 - 8 = 18
:
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The team made 18 2-point shots
5ml=1 teaspoon
2.5ml=1/2 teaspoon
so 2.5ml is equal to half teaspoon
