Mercury orbits the Sun in 87 24/25 earth days. Venus orbits the Sun in 224 7/10 earth days and Mars orbits the sun in 686 49/50
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The cost of pen and pencils are related to the number that can be bought
with a given amount of money.
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Reasons:
The given parameters are;
If the number number of pens and pencils James buys = 3 pens and 2 pencils, the amount James will have left = $2
If the number of pens and pencils James buys = 2 pens and 3 pencils, the amount James will have left = $6
The amount of money Judith has = The amount of money with James
The number of pens and pencil James and Judith can buy = 6 pens and 6 pencils
The cost of one pen = a
The cost of one pencil = b
Required:
To find the ordered pair (a, b)
Solution:
Let <em>X</em> represent the initial amount of money James has, we get;
X - (3·a + 2·b) = 2...(1)
X - (2·a + 3·b) = 6...(2)
2·X = 6·a + 6·b...(3)
Therefore;
X = (6·a + 6·b) ÷ 2 = 3·a + 3·b
Which from equation (1) gives;
3·a + 3·b - (3·a + 2·b) = 2
3·a + 3·b - 3·a - 2·b = 2
3·b - 2·b = 2
b = 2
Subtracting equation (1) from equation (2) gives;
(X - (2·a + 3·b)) - (X - (3·a + 2·b)) = 6 - 2 = 4
-2·a - 3·b + 3·a + 2·b = 4
a - b = 4
a = 4 + b
∴ a = 4 + 2 = 6
a = 6
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Answer:
a) Amount saved if the interest is compounded annually is $5832
b) Amount saved if the interest is compounded semi-annually is $5849.5
Step-by-step explanation:
Principal Amount P = 5000
Time t = 10 years
Annual interest i = 8% = 0.08
We need to find amount saved if interest is compounded a) annually b) semi-annually
a) Amount saved if the interest is compounded annually
If interest compounded annually, n= 1
Using Formula:
Putting values:
So, Amount saved if the interest is compounded annually is $5832
b) Amount saved if the interest is compounded semi-annually
If interest compounded semi-annually, n= 2
Using Formula:
Putting values:
So, Amount saved if the interest is compounded semi-annually is $5849.5