Round 47,250 to nearest thousand
2 answers:
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Answer:
Future value, A = $10,500
Step-by-step explanation:
<u>Given the following data;</u>
Principal = Rs. 10,000
Interest rate compounded half yearly = 10% = 10/2 = 5%
Time = 1 year
To find the future value, we would use the compound interest formula;
Where;
- A is the future value.
- P is the principal or starting amount.
- r is annual interest rate.
- n is the number of times the interest is compounded in a year.
- t is the number of years for the compound interest.
Substituting into the equation, we have;
<em>Future value, A = $10,500</em>
Answer:
Step one. Equate the two right hand sides to each other.
3x - 4 = 2x + 1
Step-by-step explanation:
Well one of the things you could do is graph the two equations. The intersection point is the solution to the system. We get 5,11 as the answer. I can hear you saying that's cheating, and it likely is, but it does get the answer.
The very first step without the graph is to equate each of the right hand sides to each other. That's because the left side are both ys and they have to be equal.
3x - 4 = 2x + 1 Add 4 to both sides
3x - 4 + 4 = 2x + 1 + 4
3x = 2x + 5 Subtract 2x from both sides
3x-2x = 2x-2x + 5 Combine
x = 5
y = 3x - 4
y = 3*5 - 4
y = 15 - 4
y = 11.
