The correct answer for number 5?

Mathematics

2 answers:

lutik1710 [3]3 years ago

6 0

Answer:

the answer would be D

Step-by-step explanation:

alexandr402 [8]3 years ago

3 0

I think the answer would be D for number 5 but I’m not absolutely positive

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Suppose, That your friend was born , your friends parents deposited $4000 in an account paying 5.5% interest compounded quarterl

scoray [572]

$\bf \qquad \textit{Compound Interest Earned Amount}\\\\
A=P\left(1+\frac{r}{n}\right)^{nt}
\qquad 
\begin{cases}
A=\textit{current amount}\\
P=\textit{original amount deposited}\to &\$4,000\\
r=rate\to 5.5\%\to \frac{5.5}{100}\to &0.055\\\\
n=
\begin{array}{llll}
\textit{times it compounds per year}\\
\textit{compounds quarterly, every}\\
\textit{quarter, thus 4 times}
\end{array}\to &4\\\\
t=years\to &14
\end{cases}$

7 0

3 years ago

I dont know how to set it up. #20 solving equations with variables on both sides.

Gnoma [55]

First lets create an equation for each:

1) Cost = 5x + 60
2) Cost = 11x

Where x is the number of lessons.

Since we want to find the value of x (the number of lessons), we can set both equations equal to each other:

5x + 60 = 11x

Subtract 5x from both sides:

60 = 6x

Divide by 6:

x = 10
So it will take 10 lessons till a member and a nonmember pay the same amount.

3 0

3 years ago

Tomas Briggs and Sons reviewed their first year operations. Gross sales were $204,000 Customer returns and allowances were $18,0

Masteriza [31]

Answer:

Percentage of total net sales = 91.17%

The percentage of cost of merchandise sold = 44.11 %

Percentage of First year expenses = 41.17 %

Percentage of Overall profit = 5.88 %

Step-by-step explanation:

Given:

Gross sales= $204,000