x=2 from cross multiplying.
To solve this we are going to use the future value of annuity due formula:
![FV=(1+ \frac{r}{n} )*P[ \frac{(1+ \frac{r}{n})^{kt}-1 }{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%2AP%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bkt%7D-1%20%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
where
is the future value
is the periodic deposit
is the interest rate in decimal form
is the number of times the interest is compounded per year
is the number of deposits per year
We know for our problem that
and
. To convert the interest rate to decimal form, we are going to divide the rate by 100%:
. Since Ruben makes the deposits every 6 months,
. The interest is compounded semiannually, so 2 times per year; therefore,
.
Lets replace the values in our formula:
![FV=(1+ \frac{0.1}{2} )*420[ \frac{(1+ \frac{0.1}{2})^{(2)(15)}-1 }{ \frac{01}{2} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%20%29%2A420%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%29%5E%7B%282%29%2815%29%7D-1%20%7D%7B%20%5Cfrac%7B01%7D%7B2%7D%20%7D%20%5D)
We can conclude that the correct answer is <span>
$29,299.53</span>
Answer: The area of rectangle WXYZ is 18 square inches
Step-by-step explanation: Since both rectangles are similar, then lines AD and BC has a common ratio with lines WZ and XY. If line line AD is 10 inches, and line XY is 5 inches, then the ratio of similarity is given as
Ratio = 10/5
Ratio = 2/1 (or 2:1)
However rectangle ABCD has its area as 70 square inches, which means the other side is given as
Area = L x W
70 = 10 x W
70/10 = W
7 = W
Therefore the width of the other rectangle is determined as,
10/5 = 7/W
10W = 5 x 7
10W = 35
Divide both sides of the equation by 10
W = 3.5
Having calculated the width of the other rectangle as 3.5, the area is now determined as
Area = L x W
Area = 5 x 3
Area = 17.5
Rounded off to the nearest integer, the area equals 18 square inches
Answer:
They say that the sum of the two numbers (x and y) is 64, so we can write our first equation by adding them and setting that sum equal to 64:
x + y = 64
The question also tells us that their difference is 14. Similarly to before, we'll just subtract the two numbers and set that difference equal to 14:
x - y = 14
Now from here, you know how to continue with substitution to find the values for x and y. Just remember when you get a word problem to break it down and look for key words like sum, difference, or product, and from there you'll be able to build your system of equations.
Answer:
what
Step-by-step explanation:
