85700, 8570, 857, 85.7, 8.57, .857
Answer: D. $24.30
Step-by-step explanation:
I'm not completely sure.
The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
Step-by-step explanation:
The given is,
Future value, F = $15,000
Interest, i = 5.9%
( compounded continuously )
Period, t = 12 years
Step:1
Formula to calculate the present with compounded continuously,
...............(1)
Substitute the values in equation (1) to find the P value,
( ∵
)

( ∵
)
We change the P (Present value) into the left side,


≅ 7389.43
P = $ 7389.43
Result:
The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
Answer:
44
Step-by-step explanation:
Answer:
D.3.5
Step-by-step explanation:
4x+2y=10(given)
2x+y=5
y=5-2x-----(1)
y=2x-1------(2)(given)
Since the left side of the equations are the the same,
5-2x=2x-1
4x=6
x=1.5
Sub x=1.5 into eq(1),
y = 5-2(1.5) = 5-3 = 2
so, x+y = 1.5+2 = 3.5