Answer:
n>11
Step-by-step explanation:
−9+n>2
Add 9 to both sides.
n>2+9
Add 2 and 9 to get 11.
n>11
Answer:
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Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Monthly deposit= $100
Interest rate= 0.06/12= 0.005
Number of periods= 12*5= 60 months
<u>a)</u>
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.005^60) - 1]} / 0.005
FV= $6,977
b) <u>If the deposit is at the beginning of the month, the interest is compounded one more period</u>. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= 6,977 + {[100*(1.005^60)] - 100}
FV= 6,977 + 35
FV= $7,012
9514 1404 393
Answer:
- height: 7 in
- width: 11 in
- length: 24 in
Step-by-step explanation:
The problem statement tells us that the length (l), width (w), and height (h) are related by ...
2(w+h) +l = 60
w = h +4
l = w +13
__
Substituting for l, we get ...
2(w +h) +(w +13) = 60
Then substituting for w, we have ...
2((h +4) +h) +((h +4) +13)) = 60
5h +25 = 60
5h = 35
h = 7
w = 7 +4 = 11
l = 11 +13 = 24
The package is 7 in high, 11 inches wide, and 24 inches long.