3 years ago

Find the value of x.

Mathematics

1 answer:

valentina_108 [34]3 years ago

6 0

Can’t see the question

You might be interested in

Suppose you want to accumulate $25,000 as down payment on a house and the best you can do is to put aside $200 a month. If you d

Sunny_sXe [5.5K]

Answer:

It will take 88.2 months to accumulate the amount

Step-by-step explanation:

Given;

Future value of money, FV = $25,000

investment per compound period, P = $200

interest rate, i = 0.75% x 12 = 9%

The number of monthly installments required to amount to FV is given by;

$n = \frac{ln(FVi +cp)-ln(cp)}{ln(c+i)-ln(c)}\\\\ n = \frac{ln(25000*0.09 +200*12)-ln(200*12)}{ln(12+0.09)-ln(12)}\\\\n = \frac{8.4446 -7.7832}{2.4924-2.4849}\\\\n = 88.2 \ months$

Therefore, it will take 88.2 months to accumulate the amount.

7 0

4 years ago

Megan hughes deposits $4300 in an account that pays simple interest. when she withdraws her money 7 months later, she receives

Juliette [100K]

The interest is 3.5 percent or 3 percents of the sum she deposited.

3 0

3 years ago

If 8 chairs cost $1,064 what is the cost of 11 chairs

evablogger [386]

1463 (1064 divided by 8= 133, 133x11)

6 0

3 years ago

How can you use functions to model linear relationships?

Oliga [24]

Answer:

a function is just a comparison between two quantities so when you go to plot the points, the input is x and the output is y.

6 0

3 years ago

Andrew micheal anderson istg if u dont answer my s n a p-

Vera_Pavlovna [14]

Step-by-step explanation:

He won't answer you.

HAHAHAVSAHSSSBDJSIDNFKSNDODHSNDODDJ

3 0

3 years ago

Read 2 more answers