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BARSIC [14]
3 years ago
13

7. Find the amount of money accumulated if you invest $10,000 at 3% interest compounded continuously for 2 years. Round your

Mathematics
1 answer:
IrinaK [193]3 years ago
4 0

Answer:

$10618.37

Step-by-step explanation:

Use the formula for compound interest:

P(t) = P_0e^(rt)

You can look the formula up online to find what each variable represents.

First, our principal amount (P) is 10,000. Our interest rate (r) is 3% and our time (t) is 2. Substitute these into the equations in each variables' place. The equation will look like this:

P(t) = 10,000e^(0.03x2)

P(t) = 10,000e^(0.06)

Note that e is approximately 2.7183 .

Using your calculator, now simply find P(t).

You should get 10618.36972 as your answer. Round that to the nearest cent to get $10618.37 .

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One pipe can empty a tank 5 times faster than another pipe can fill the tank. Starting with a full tank, if both pipes are turne
xxTIMURxx [149]

Answer:

40 hours

Step-by-step explanation:

Let's say that the slower pipe can fill x amount of the tank in one hour. It adds x amount to the tank every hour. Therefore, we can say, for the slower pipe,

1 hour = x amount

Then, the faster pipe empties the tank 5 times faster than the slower pipe fills it, so it removes 5 times the amount that the smaller pipe puts in, so for the faster pipe,

1 hour = -5x amount (negative to symbolize removing).

For the problem at hand, the tank starts at full, or 100%=1. It ends empty, or at 0% = 0. After 10 hours, if we only account for the slower pipe, we add x amount to the tank every hour, so we add 10 times that total, resulting in

1 + 10 * x as the ending result if we don't include the faster pipe. Then, the faster pipe removes 5x every hour, so in 10 hours, it removes 50x, so we have

1+10 * x - 50 * x as the final amount of stuff in the tank, which is equal to 0. Therefore, we have

1 + 10 * x - 50 * x = 0

1 - 40 * x = 0

add 40*x to both sides to isolate the x and its coefficient

1 = 40 * x

divide both sides by 40 to isolate x

x= 0.025

Therefore, the slower pipe adds 0.025, or 1/40 = 2.5% to the tank every hour. We want to figure out how long it would take for the slower pipe to fill up an empty tank, or turn it from 0% to 100% full.

Because the slower pipe adds 2.5% of the tank every hour, we can say that over y hours, it fills up

2.5% * y amount of the tank. We want to figure out how many hours it would take to make it 100% (we need to add 100% of the tank in the problem), so we can say

2.5% * y = 100%

divide both sides by 2.5% to isolate y

100%/2.5% = y = 40

5 0
3 years ago
At a football stadium, 5% of the fans in attendance were teenagers. If there were 10 teenagers at the football stadium, what was
TiliK225 [7]

Answer:

200 people were at the stadium

Step-by-step explanation:

Let us represent the total number of people at the stadium = x

At a football stadium, 5% of the fans in attendance were teenagers. If there were 10 teenagers at the football stadium

Hence:

5% of total number of people = 10 teenagers

5/100 × x = 10

5x/100 = 10

Cross Multiply

5x = 100 × 10

5x = 1000

Divide both sides by 5

5x/5 = 1000/5

x = 200

The total number of people in the stadium is 200

6 0
3 years ago
Wels at its next
xenn [34]

This question is not correctly written

Complete Question

The Henderson Hawks minor-league baseball team is giving away baseballs an

game. The balls cost $3 each and the towels cost $2 each. The team wants to give away 200 items and have 500 to spend. How many of each item should the team give away Show your

work or explain your reasoning.

Answer:

They should give away 100 balls and 100 towels

Step-by-step explanation:

Let the number of balls = x

Let the number of towels = y

x + y = 200........ Equation 1

y = 200 - x

$3 × x + $2 × y = $5000

3x + 2y = 5000...... Equation 2

3x + 2(200 - x)= 5000

3x + 400 - 2x = 5000

Collect like terms

3x - 2x = 500 - 400

x = 100

Number of balls to be given away = 100

Note:

y = 200 - x

y = 200 - 100

y = 100

Number of towels to be given away = 100

Therefore, they should give away 100 balls and 100 towels

3 0
3 years ago
‼️Someone Please help Me the graph is in the picture ‼️ Will make brainliest
baherus [9]

Answer:

32

Step-by-step explanation:

The equation V=-32t+256 and the graph below describe the velocity V in feet per second of a ball <em>t</em> seconds after it is shot into the air.

To find the balls velocity after seven seconds, substitute t = 7 into the function expression:

V(7)=-32\cdot 7+256\\ \\=-224+256\\ \\=32\ ft/sec

6 0
3 years ago
Anyone know quadratics
VMariaS [17]
When competing the square, you want to have
{b}^{2}
at the end, and using the fact that the x term and coefficient are really
2bx
, we see that the third option is the most efficient way to start
3 0
3 years ago
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