Answer:What number must be multiplied by 3 to obtain 15? ... Example 11 A student solved the equation 5x - 3 = 4x + 2 and found an answer of x = 6. ... Example 12 3x = 6 and 2x + 1 = 5 are equivalent because in both cases x = 2 is a solution. ... + 3x = 7x + 2 - 4x can be changed to a simple equation x = 3, and the equation x = 3 is .
Step-by-step explanation:
Answer:
NPV = $13,676.33
Step-by-step explanation:
First, find the present value of the cash inflows. You can solve this question using a Financial calculator;
14,000 per year is a recurring cashflow hence the PMT
PMT = 14,000
I/Y = 10%
N= 9
FV =0
then CPT PV = 80,626.33
NPV = -Initial investment + PV of future cash inflows
NPV = -66,950 + 80,626.33
NPV = $13,676.33
"NPV" button, then , then "CPT".
The answer to the NPV = $13,676.33
Answer:
$2000 was invested at 5% and $5000 was invested at 8%.
Step-by-step explanation:
Assuming the interest is simple interest.
<u>Simple Interest Formula</u>
I = Prt
where:
- I = interest earned.
- P = principal invested.
- r = interest rate (in decimal form).
- t = time (in years).
Given:
- Total P = $7000
- P₁ = principal invested at 5%
- P₂ = principal invested at 8%
- Total interest = $500
- r₁ = 5% = 0.05
- r₂ = 8% = 0.08
- t = 1 year
Create two equations from the given information:


Rewrite Equation 1 to make P₁ the subject:

Substitute this into Equation 2 and solve for P₂:





Substitute the found value of P₂ into Equation 1 and solve for P₁:



$2000 was invested at 5% and $5000 was invested at 8%.
Learn more about simple interest here:
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Divide by 3 on both sides:

Square root both sides:

Take away 3 from both sides:

Divide by 2 on both sides:

Answer:
Answer:
1/64
Step-by-step explanation:


