Answer:
Often, the simplest way to solve "ax2 + bx + c = 0" for the value of x is to factor the quadratic, set each factor equal to zero, and then solve each factor. But sometimes the quadratic is too messy, or it doesn't factor at all, or you just don't feel like factoring. While factoring may not always be successful, the Quadratic Formula can always find the solution.
The Quadratic Formula uses the "a", "b", and "c" from "ax2 + bx + c", where "a", "b", and "c" are just numbers; they are the "numerical coefficients" of the quadratic equation they've given you to solve.
Step-by-step explanation:
You use the I = PRN formula
P = 11 500
R = 7.25% but you have to 7.25 divide by 100 so it becomes a decimal so it should be 0.0725
N = 2 years and 6 months. This can be 2.5 years because half of 12 is 6
the solution is 11 500 × 0.0725 × 2.5 = 2084.38
Hi there! :)
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To solve, we can simply divide and multiply by 100 to solve for the percentage:
5 / 25 = 5 ÷ 25 = 1/5 or 0.20
Multiply the decimal by 100 to solve for the percentage:
0.20 × 100 = 20%
Answer:
$9,000.00 is her original investment worth in 10 yrs.
5000 x 1.08 ^10 = 10794.6249864
Then subtract -500000 = 5794.62498636
Step-by-step explanation:
Why, because the first year is proved 5000 x 0.08 = 400
= 400 year 1 but cna keep only if stays in investment for 10 years
400 x 10 = 4000 interest on investment
5000+ 4000 = $9,000.00 SI
+ 1,794.62 Interest on interest if applies (this is called CI) and makes $10794.62