Solve the problem. Find the amount of money in an account after 12 years if $4700 is deposited at 5% annual interest compounded
1 answer:
Answer:
The correct answer is $8532.17
Step-by-step explanation:
The formula for calculating investments with compound interests is as follows:
Where:
R is the annual interest rate,
t is the number of times the investment is to be compounded in a year,
n is the number of years,
P is the principal amount invested.
Replacing in the formula with the given values you have:
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1190 pairs of shoes are defective
<em><u>Solution:</u></em>
Given that shoe company found that 4.25% of the production is defective
The company made 28,000 pairs of shoes
To find: Number of pairs of defective shoes
From given information, 4.25% of the production is defective which means 4.25% of 28,000 pairs of shoes
Defective shoes = 4.25% of 28,000
Defective shoes
Defective shoes
Thus 1190 pairs of shoes were defective
recall in a perfect square trinomial, the middle term is the tale-tell guy, we know the middle term is the product of 2 and the two other guys without the exponent, so in this case 6x = 2*√x² * √c.