Represent the unknows with n and d.
Then n+d = 44 (# of coins)
and
$0.05n + $0.10d = $3.10 (value of coins)
Solving the first equation for n, we get n = 44-d. Subst. 44-d for n in the 2nd equation:
0.05(44-d) + 0.10d = 3.10
Then 2.20 - 0.05d + 0.10d = 3.10, or
2.20 + 0.05d = 3.10, or 0.05d = 0.90. Solving for d,
0.90
d = -------- = 18
0.05
There are 18 dimes and 44-18 nickels. How many nickels is that? ;)
Answer:
1,2,3,4,6,12
Step-by-step explanation:
2 8 if not I’m so sorry pls forgive me
Answer:
5
Step-by-step explanation:
The present value of the loan is R576923.
<h3>What is compound interest ?</h3>
Compound interest is giving the current instalment in terms of the total previous amount.
The formula is given by
A = P(1 + r/100)ⁿ.
Where,
A = Amount, P = Principle, r = rate of interest, n = Time in years.
In case the compound if interest is given every two months that is 6 instalments each year the above given formula will be
A = P{ 1 + (r/6)/100 }⁶ⁿ.
According to the given question
Rate(r) = 7.5%
Time(n) = 6 years
The loan will be paid back in 6 years every second month and it is compounded.
∴ No. of instalments = (12 × 6)/2
= 36.
Now each instalments is of R25000
So, The total amount she has to pay back to his father is
= (25000 × 36)
= R900000.
We know compounding every two months is
A = P(1 + r/100)ⁿ
900000 = P{ 1 + (7.6/6)/100 }³⁶
900000 = P{ 1 + 1.25/100 } ³⁶
900000 = P(1.0125)³⁶
900000 = 1.56P
∴ P = 576923.
Learn more about compound interest here :
brainly.com/question/13155407
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