Answer:
Interest earned = 2713.8
Explanation:
We will solve this problem on two steps:
1- get the final amount after three years
2- get the interest earned by subtracting the initial amount from the final one.
1- getting the final amount after 3 years:
The formula that we will use is as follows:
A = P (1 + r/n)^(nt)
where:
A is the final amount we want to calculate
P is the initial amount = 6300
r is the interest = 0.12
n is the number of compounds per year =12
t is time in years = 3
Substitute to get the final amount:
A = P (1 + r/n)^(nt)
A = 6300 (1 + 0.12/12) ^ (12*3)
A = 9013.8
2- getting the interest earned:
Interest earned = final amount - initial amount
Interest earned = 9013.8 - 6300
Interest earned = 2713.8
Hope this helps :)
Answer:
The adult and the child ticket are both 8 dollars
Step-by-step explanation:
x =adult ticket price
y = child ticket price
I will assume you forget to put that they sold 2 child tickets on the second day
7x+5y=96 and 3x+2y= 40
I will use elimination. Multiply the first equation by 2 and the second equation by -5 to eliminate y
2(7x+5y)=96*2
14x + 10y = 192
The second equation
-5(3x+2y)= 40*-5
-15x -10y = -200
Add the equations together
14x + 10y = 192
-15x -10y = -200
------------------------
-x = -8
Multiply by -1
x = 8
Now we need to find y
3x+2y= 40
3(8) +2y = 40
24+2y = 40
Subtract 24 from each side
24-24 +2y = 40-24
2y = 16
Divide by 2
2y/2 =16/2
y =8
The adult and the child ticket are both 8 dollars
Answer:
he saved about 2300$
Step-by-step explanation:
Answer:
small=15 large=40
Step-by-step explanation:
x=large box
y=small box
55 = x + y
50x + 55y = 2825
50x + 55( 55 - x) = 2825
50x + 3025 - 55x = 2825
0 = 55x - 50 x + 2825 - 3025
0 = 5x - 200
200 = 5x
x=40
y = 15
percent means out of 100
35/100
divide the top and bottom by 5
7/20
