Which of the following give the highest future value is 6000000 is invested at 6% for 3 years

Mathematics

1 answer:

Blababa [14]3 years ago

3 0

Answer:

$5084745.76271

Step-by-step explanation:

Given data

Final amount= $6000000

Rate=6%

Time= 3 years

Now let us find the initial amount which is the principal

using the simple interest formula we have

6000000 = P(1+0.06*3)

6000000 =P(1+0.18)

6000000 =P*1.18

P= 6000000 /1.18

P=$5084745.76271

Hence the initial deposite is $5084745.76271

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Taxi A charges a fee of $3.50, plus $1.75 per mile. Taxi B charges a few of $1.25, plus $2.00 per mile. At what distance would t

frez [133]

Taxi A
1mile £3.50+£1.75=£5.25
Taxi B
1mile £1.25+£2.00=£3.25

Taxi A
2miles £3.50+£3.50=£7.00
Taxi B
2miles £1.25+£4.00=£5.25

Taxi A
3miles £3.50+£5.25=£8.75
Taxi B
3miles £1.25+£6.00=£7.25

Taxi A
4miles £3.50+£7.00=£10.50
Taxi B
4miles £1.25+£8.00=£9.25

Taxi A
5miles £3.50+£8.75=£12.25
Taxi B
5miles £1.25+£10.00=£11.25

Taxi A
6miles £3.50+£10.50=£14.00
Taxi B
6miles £1.25+£12.00=£13.25

Taxi A
7miles £3.50+£12.25=£15.75
Taxi B
7miles £1.25+£14.00=£15.25

Taxi A
8miles £3.50+£14.00=£17.50
Taxi B
8miles £1.25+£16.00=£17.25

Taxi A
9miles £3.50+£15.75=£19.25 (the same)
Taxi B
9miles £1.25+£18.00=£19.25 (the same)

^^^
They would have to drive 9 miles for the taxi to cost the same.

Hope this helped, this is the longest way to work it out but also the simplest.

6 0

3 years ago

If y is directly proportional to x square and y equal 1/8 when x = 1/2 what is the positive value of x when y it was 9/2?

mojhsa [17]

Answer:

Step-by-step explanation:

Given y is directly proportional to x² then the equation relating them is

y = kx² ← k is the constant of proportion

To find k use the condition y = $\frac{1}{8}$ when x = $\frac{1}{2}$ , then