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valkas [14]
3 years ago
9

Stephanie and Susan were counting the money from their lemonade stand Stephanie sold 4 times more glasses of lemonade than Susan

. Together they sold 50 glasses of lemonade. How many glasses of lemonade did each person sell?
steps ?!
Mathematics
1 answer:
kolbaska11 [484]3 years ago
3 0

Answer

Stephanie sold 40 glasses while Susan sold 10 glasses

Step-by-step explanation:

Stephanie sold 4 times more glasses than Susan, overall of 50 glasses

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Read 2 more answers
If Betty makes monthly deposits at the end of each month in an account that earns 8% interest compounded monthly,
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9514 1404 393

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Step-by-step explanation:

These questions are best answered by a financial calculator or app. Such are available for your phone or tablet. A spreadsheet also has built-in functions for making these calculations.

(a) FV = $40,000, i = 8% per year, n = 9 years (108 months), compounding 12 times per year. The monthly deposit needs to be $254.08.

__

(b) Payment = $254.08, n = 3 months, i = 8%/year, compounding 12 times per year. FV = $767.34.

__

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<em>Additional comment</em>

The amount $254.08 is rounded down to the nearest cent, so the balance after 9 years will be $39,999.70, which is $0.30 short of $40,000. We used $40,000 as the final account balance, so overestimated the interest by $0.30.

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