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MA_775_DIABLO [31]
3 years ago
10

John invested $45 000 in the investment account that pays an interest rate of 17.75%p.a. compounding bi-annually for 10 years. A

fter five and half years from the investment starting date, the interest rate changed from 17.75% to 18.25% p.a. compounding quarterly apply the formula, E=A (1+i/100)^n. what will be the compound amount will John have after 10 years
Mathematics
1 answer:
Softa [21]3 years ago
4 0
I will rewrite the formula on my own way.
The formula is
A=p (1+r/k)^kt
A future value?
P present value 45000
R interest rate 0.1775
K bi-annually 2
T time 5.5 years for the first period
A=45,000×(1+0.1775÷2)^(2×5.5)
A=114,662.75225375

Now use the formula again where the present value is 114,662.75225375 and the interest rate is 18.25% compounded quarterly (4).
The time of the rest of the period is 4.5 years (10-5.5)

A=114,662.75225375×(1+0.1825÷4)^(4×4.5)
A=255,970.32....answer
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Which numbers are 4 units from -2 on the number line
Artemon [7]

Let the number be x


Then the absolute value of the number from -2 should be 4


|x--2|=4


|x+2|=4


So either



(x+2)=4


x=4-2=2


Or


-(x+2)=4


x+2=-4



x=-4-2



x=-6



[tex] <B>The numbers are 2 and -6</B> [/tex[


They are four units away from -2 on the number line










4 0
3 years ago
Coby sells apples and bananas at his fruit store. He charges $6 for a bunch of bananas, and $8 for a pound of apples. If a custo
Over [174]

Answer:

  • 6 bunches of bananas
  • 7 pounds of apples

Step-by-step explanation:

We have to assume that a "piece of fruit" is either a bunch of bananas or a pound of apples. Without that assumption, there is insufficient information to work the problem.

Let B represent the number of bunches of bananas. Then 13-B is the number of pounds of apples. The total cost is ...

  6B +8(13 -B) = 92

  -2B + 104 = 92 . . . . . eliminate parentheses

  B = -12/-2 = 6 . . . . . . subtract 104, then divide by the coefficient of B

  13-B = 7 . . . . . . . . . . . the number of pounds of apples

The customer bought 6 bunches of bananas and 7 pounds of apples.

_____

<em>Comment on the solution</em>

You will note that finding the value of the variable involved arithmetic with negative numbers. If you want the numbers to stay positive, then you can choose the variable to represent <em>the most expensive</em> of the items: the number of pounds of apples.

6 0
3 years ago
A bag contains 6 nickels and 14 pennies. What is the ratio, written in lowest terms, of nickels to the total number of coins in
VLD [36.1K]
There are 6 nickels and 14 pennies.
There are 20 total coins.

The ratio of nickels to coins is 6:20.
Both of these are divisible by 2, so we can reduce this to 3:10.
4 0
3 years ago
Read 2 more answers
The area A of a triangle with base b and height h is given by A = = bh. Find the area when b = 18 m (meters) and h = 30 m.
Pie

Answer:

Area = 270m^2

Step-by-step explanation:

Given

A = \frac{1}{2}bh

b = 18m

h = 30m

Required

Solve for A

Simply substitute 18 for b and 30 for h

A = \frac{1}{2}bh

A = \frac{1}{2} * 18 * 30

A = 270

Hence:

The area is

Area = 270m^2

6 0
3 years ago
The function f(x) has a vertical asymptote at x = [BLANK].
kolezko [41]

Answer:

-1

Step-by-step explanation:

Based on the photo the asymptote will be x= - 1 because it is approaching it but never touching it

3 0
3 years ago
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