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BartSMP [9]
3 years ago
10

How much must you deposit in an account that pays 7% annual interest compounded yearly to have a balance of $550 after 5 years?

Please answer quick! Thank uuu
Mathematics
1 answer:
myrzilka [38]3 years ago
6 0

Answer:

Correct answer: Deposit D = 392 $

Step-by-step explanation:

Given:

The ultimate value or balance  B = 550 $

interest rate r = 7 %  in decimal notation r = 0.07

n = 5 years   accounting period

Deposit  D = ?

This is a compound interest account to which the following formula applies:

B = D (1 + p)ⁿ  ⇒  D = B /  (1 + p)ⁿ

D = B /  (1 + p)ⁿ = 550 / (1 + 0.07)⁵ = 550 / 1.4 = 392.14 ≈ 392 $

D = 392 $

God is with you!!!

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ser-zykov [4K]

Answer: 55

Step-by-step explanation:

4 0
3 years ago
A farmer has both sheep and chickens on his farm. All the animals have the expected number of parts. When his animals are all
lora16 [44]

Answer:

13 sheep, 19 chicken

Step-by-step explanation:

You can start to solve this problem by assigning variables. First, let's assign the number of sheep there are as x and the number of chickens there are as y.

Because each sheep has 4 legs, the number of legs for each sheep would be 4x. Similarly, because each chicken has 2 legs, the number of legs for each chicken would be 2y. Each animal would have 1 head, so the number of heads would just be x and y. Because the number of legs in total are 90, 4x + 2y=90. Because the number of heads in total are 32, x+y=32.

There is now a system of equations with two unknown variables and two equations. There are many ways to solve this, but for me, the easiest would be elimination. First, I would double the second equation, 2x+2y=64. Then, I would subtract that from the first equation, eliminating y. 2x=26. Solving for x gives 13. We can then plug that value into the second equation, making y be 32-13=19. This means that x=13 and y=19, meaning that there are 13 sheep and 19 chicken.

7 0
2 years ago
What is container B that is full after the pumping is complete ?
scoray [572]

<em>Answer</em>

68.4%

<em>Step-by-step explanation</em>

The volume of a cylinder is calculated as follows:

V=\pi r^2h

where <em>r </em>is the radius and <em>h </em>is the height of the cylinder.

In the case of cylinder A, its radius is r = 5 ft (= 10/2) and its height is h = 14 ft. Then, its volume is:

\begin{gathered} V_A=\pi\cdot5^2\cdot14 \\ V_A=350\pi\text{ ft}^3 \end{gathered}

In the case of cylinder B, its radius is r = 8 ft (= 16/2) and its height is h = 8 ft. Then, its volume is:

\begin{gathered} V_B=\pi\cdot8^2\cdot8 \\ V_B=512\pi\text{ ft}^3 \end{gathered}

After the pumping is completed all the liquid in cylinder A, which was full, is placed in cylinder B. If the volume of cylinder B represents 100%, then we need to find what percent, <em>x</em>, represents the volume of cylinder A. We can do this with the help of the next proportion:

\frac{512\pi\text{ ft}^3}{350\pi\text{ ft}^3}=\frac{100\text{ \%}}{x\text{ \%}}

Solving for x:

\begin{gathered} 512\pi\cdot x=100\cdot350\pi \\ x=\frac{100\cdot350\pi}{512\pi} \\ x\approx68.4\text{ \%} \end{gathered}

6 0
1 year ago
A) If the line 2x + 3y -8=0 is perpendicular to the line kx-6y =9 find k.​
blsea [12.9K]

Answer:

k = 9.

Step-by-step explanation:

2x + 3y -8=0

3y = -2x + 8

y = -2/3 x + 8/3

So the slope of this line is -2/3.

Therefore the slope of a line perpendicular to the above is -1 /-2/3

= 3/2.

kx - 6y = 9

6y = kx - 9

y = k/6x - 3/2

But the slope is 3/2,

So k/6 = 3/2

2k = 18

k = 9.

3 0
2 years ago
Susan is making 8 casseroles. She uses 9 cans of beans. Each can is 16 oz. If she divides the beans equally among casseroles? Sh
belka [17]

Answer:

The correct answer will be 18

Step-by-step explanation:

First mutiply your object of the question which is 9 times 16 then make sure you have the right answer then divide it by 8 and 144 the answer you got, and you get 18

3 0
2 years ago
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