Answer:
p is 2.
Step-by-step explanation:
You can find the percentage by dividing 8/160 and then multiply by 100 so that's 5%
Answer:
<em>1500(1.02)^x + 600x</em> is how much he has in savings at the end of x years where it be in the bank or elsewhere
Step-by-step explanation:
x is in years
Let's just think about the investment of 1500 in an account earning 2% per year.
Before the years even start, you are at 1500 ( present value).
The next year (year 1), it would be 1500*.02+1500=(1500)(1.02).
The next year (year 2), it would be 1500(1.02)(.02)+1500(1.02)=1500(1.02)(1.02).
We keep multiplying factors of (1.02) each time.
So for year x, you would have saved 1500(1.02)^x.
Now we are saving 50 cash per month. Per year this would be 12(50) since there are 12 months in a year. 12(50)=600.
So the first year you would have 600.
The second year you would have 600(2) or 1200.
The third year you would have 600(3) or 1800.
Let's put this together:
1500(1.02)^x + 600x
Answer:
Step-by-step explanation:
Given
$x per adult
$8 per student
Population:
Required
Determine the equation and solve for x
The system can be analyzed as thus:
The cost for 4 adults is: 4 * x
The cost for 1 students is: 8 * 1
Total Amount is: 48
From the analysis above, the equation is:
Subtract 8 from both sides
Solve for x
