We are given the following information
Investment = $5200
Annual interest rate = 4.2% = 0.042
Final amount = $16,500
Number of years = 27.7 years
Number of compoudings = quartely = 4
The student uses the following model
The general formula for compound interest is given by
As you can see, the number of compoundings is incorrect (3 vs 4)
The interest rate is also incorrect.
Let us substitute the given values into the above formula
Therefore, the final amount is approximately $16,543.5
Answer:
_64,
3.5
6.666....
127
i think there was no ans above
It's $0.44 cents my good friend......
Hello there!
First, we need to admit that math is a hard subject. So, how do we handle hard stuff? We find an easy way. Right?
Well same goes here. They give the fractions to drive us crazy. Let's find the easiest way...
The easiest way is to turn them into decimals.
1 3/7 = 1.42 which is the amount of pages he reads
2/3 = 0.67 minute.
The are asking us how many pages does he reads per minute.
So we gonna say:
Charlie reads 1.42 pages ......> 0.67
Charlie reads x pages.............> 1minute
Cross multiply
0.67 * x = 1 * 1.42
0.67x = 1.42
x = 1.42/0.67
x = 2.11
So, Charlie reads 2.11 pages in 1 minute.
I hope this helps. Please let me know if you have questions about the answer.
Thanks!
It looks like you had some of the numbers correct, but you just labeled it and rounded it incorrectly, and the teacher gave you super partial credit for it.
For my work, I'm assuming that side A is opposite of angle A and side B is opposite of angle B, etc...
