Answer:
A).Amount = $218250
B). Amount = $88700
Step-by-step explanation:
A) .$5000 in an account at age 23, and withdraw it 42 years
Number of years t= 42 years
Principal P = $5000
Rate r= 9%
Number of times compounded n= 42
A= p(1+r/n)^(nt)
A= 5000(1+0.09/42)^(42*42)
A= 5000(1+0.002143)^(1764)
A= 5000(1.002143)^1764
A= 5000(43.65)
A= 218250
Amount = $218250
B).waits 10 years before making the deposit, so that it stays in the account for only 32 years
Number of years t= 32 years
Principal P = $5000
Rate r= 9%
Number of times compounded n= 32
A= p(1+r/n)^(nt)
A= 5000(1+0.09/32)^(32*32)
A= A= 5000(1+0.0028125)^(1024)
A= 5000(1.0028125)^1024
A= 5000(17.74)
A= 88700
Amount = $88700
Answer:
y = -2/13
Step-by-step explanation:
-5 + 13y = -7
Add 5 to each side
-5+5 + 13y = -7+5
13y = -2
Divide by 13
13y/13 = -2/13
y = -2/13
Answer:
The relationships are correct and valid
Step-by-step explanation:
The correct question is as follows;
Verify the following
i.[ -3/4]^3 = -27/64
ii. [-2/3]^6 = 64/ 729
We have the solution as follows;
i) we have;
(-3/4)^3
That means ;
-3^3 = -3^3 = -27
4^3 = 64
so;
(-3/4)^3 = -27/64
ii) (-2/3)^6
(-2)^6 = 64
3^6 = 729
Thus;
(-2/3)^6 = 64/729
