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alexandr402 [8]
3 years ago
9

What does X= in 5/8 x + 1/16 x= 11/16?

Mathematics
1 answer:
Vesna [10]3 years ago
7 0

Answer:

x = 1

Step-by-step explanation:

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Step-by-step explanation:

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When I count as a principal of $1000 and earns 4% simple interest per year and other account as a principal $1000 and earns 4% i
OLga [1]

Answer: the account that earned compound interest has the greater balance at the end of four years.

Step-by-step explanation:

The formula for determining simple interest is expressed as

I = PRT/100

Where

I represents interest paid on the amount invested.

P represents the principal or amount invested.

R represents interest rate

T represents the duration of the investment in years.

From the information given,

P = 1000

R = 4%

T = 4 years

I = (1000 × 4 × 4)/100 = 160

Total amount earned is

1000 + 160 = $1160

The formula for determining compound interest is expressed as

A = P(1+r/n)^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

P = 1000

r = 4% = 4/100 = 0.04

n = 1 because it was compounded once in a year.

t = 4 years

Therefore,.

A = 1000(1+0.04/1)^1 × 4

A = 1000(1.04)^4

A = $1170

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3 years ago
Which point on the number line below best represent 30
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Where’s the number line?
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