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Elenna [48]
3 years ago
11

An investment of $4000 earns $1700 simple interest after 5 years. what is the annual simple interest rate in the investment?

Mathematics
1 answer:
dezoksy [38]3 years ago
8 0

Answer:

8.5% interest rate

Step-by-step explanation:

Principle: $4000

Interest rate: x

Time : 5 years

4000( 5 ) ( x ) = Interest

4000x = 1700/5

4000x = 340

        x = 0.085 or 8.5% interest rate

<em>Check:</em>

8.5% x 4000 x 5

= 340 x 5

= 1700

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A rectangular playground is surrounded by a chain link fence that costs $2 per linear foot on three sides and a fancier wooden f
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Answer:

31.6 feet by 15.8 feet.

Step-by-step explanation:

Area of a Rectangle = Length X Breadth = LB

The area of the playground is to be 500 square feet

Therefore:

LB=500

Perimeter of the Rectangle = 2(L+B)

The Chain link fence that costs $2 per linear foot on three sides and a fancier wooden fence that costs $6 per linear foot on the fourth side.

Cost = ${2(L+2B)+6L}=2L+4B+6L=8L+4B

Cost= $(8L+4B)

From: LB=500, B=500/L

Substitute B into 8L+4B

C(L) = 8L+4(\frac{500}{L} )=8L+\frac{2000}{L} =\frac{8L^2+2000}{L}

C(L)=\frac{8L^2+2000}{L}

The minimum cost of the fencing occurs when the dimensions are minimum.

If we take the derivative of C(L)

C^{'}(L)=\frac{8L^2-2000}{L^2}

At C^{'}(L)=0

\frac{8L^2-2000}{L^2}=0\\8L^2-2000=0\\8L^2=2000\\L^2=250\\L=15.8 ft

Recall: B=500/L

B=\frac{500}{15.8}=31.6 ft

The dimensions that minimizes the total cost of the fencing are 31.6 feet by 15.8 feet.

4 0
3 years ago
Help me out please it’s homework
Neko [114]

Answer:

  1. 7
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Note:

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Which of the following is the best first step in solving the quation below?
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<h3>Answer:</h3>

<h3>C. In x = -7 </h3>

<h3>Step-by-step explanation:</h3>

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<h3>1. Subtract 13 from both sides</h3>

13 + Inx - 13 = 6 -13

<h3>2. Simplify </h3>

= In x = -7

<h3>Solution : </h3>

<h3>= In x = -7</h3>
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Answer:

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