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3 years ago

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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aleksandr82 [10.1K]

Given:

The mean age of 5 people in a room is 26 years.

A person enters the room. The mean age is now 33.

To find:

The age of the person who entered the room.

Solution:

Formula for mean:

$\text{Mean}=\dfrac{\text{Sum of observations}}{\text{Number of observations}}$

The mean age of 5 people in a room is 26 years.

$26=\dfrac{\text{Sum of ages of 5 people}}{5}$

$26\times 5=\text{Sum of ages of 5 people}$

$130=\text{Sum of ages of 5 people}$

The mean age is now 33. It means, the mean age of 6 people is 33.

$33=\dfrac{\text{Sum of ages of 6 people}}{6}$

$33\times 6=\text{Sum of ages of 6 people}$

$198=\text{Sum of ages of 6 people}$

Now, the age of the person who entered the room is

Required age = Sum of ages of 6 people - Sum of ages of 5 people

= $198-130$

= $68$

Therefore, the age of the person who entered the room is 68 years.

6 0

3 years ago

I need help or the answer

loris [4]

Answer:

5x+4y = 52

Step-by-step explanation:

We can first write the equation in point slope form

y-y1 = m(x-x1) where m is the slope and (x1,y1) is the point

y - 8 = -5/4 ( x-4)

Multiply each side by 4 to get rid of the fraction

4(y - 8) = 4*(-5/4) ( x-4)

4(y - 8) = -5 ( x-4)

Distribute

4y - 32 = -5x+20

We want the equation in the form

Ax + By = C

Add 5x to each side

5x+4y -32 = -5x+5x+20

Add 32 to each side

5x+4y -32+32 =32+20

5x+4y = 52

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You are walking away from home at a constant velocity of 5 km per hour. The first landmark you see is your favorite fountain whi

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R=5km
D=2km

T=D/R

T=2km/5km

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4 years ago

Solve the following system of equations below x-2y=3 2x-3y=9

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Two numbers are greater than 10 but les than 40. Their GCF is 17. What are the numbers?

shusha [124]

The numbers are 17 and 34.

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

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