Answer:
- answer is 1.25
- 90
<h2>
Step-by-step explanation:</h2><h2 />
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Answer:
p - a - c = b
Step-by-step explanation:
p = a + b + c
subtract a and b from both sides to isolate c
p - a - c = a - a + b
+ c - c
Answer:
Amount she would have in 2 years at a simple interest of is
$5000 + ($5000 x 0.048 x 2) = $5480
Amount she would have in 2 years at a 4.1 % / year compounded semi- annually is :
$5000 x ( 1 +0.041/2)^4 = $5422.78
the first option yields a higher value in two years when compared with the second option. Thus, the first option is the best one to choose
Step-by-step explanation:
Future value with simple interest = principal + interest
Interest = principal x interest rate x time
0.048 x 5000 x 2 = 480
future value = $480 + 5000 = $5480
The formula for calculating future value with compounding:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
5000 x ( 1 + 0.041 / 2)^(2 x 2) = $5422.78
Answer:
is the median for both of them .
Step-by-step explanation:
Answer:
To rent a jet ski you need to pay $50 and to rent a kayak you need to pay $20
Step-by-step explanation:
Since both shops charge the same amount for each kind of vehicle, we will assign variables to the their cost. The cost of a jet ski will be "x" and the cost of the kayak will be "y". Therefore we can create a system of equations as shown below:
Will's shop:
12*x + 9*y = 780
Fun Rentals:
7*x + 11*y = 570

We can isolate "x" on the second equation, we have:

Applying this value on the first equation:
![12[\frac{570 - 11y}{7}] + 9y = 780\\\frac{6840 - 132y}{7} + 9y = 780\\\frac{6840 - 132y + 63y}{7} = 780\\ 6840 - 132y + 63y = 5460\\6840 - 69y = 5460\\69y = 1380\\y = 20](https://tex.z-dn.net/?f=12%5B%5Cfrac%7B570%20-%2011y%7D%7B7%7D%5D%20%2B%209y%20%3D%20780%5C%5C%5Cfrac%7B6840%20-%20132y%7D%7B7%7D%20%2B%209y%20%3D%20780%5C%5C%5Cfrac%7B6840%20-%20132y%20%2B%2063y%7D%7B7%7D%20%3D%20780%5C%5C%206840%20-%20132y%20%2B%2063y%20%3D%205460%5C%5C6840%20-%2069y%20%3D%205460%5C%5C69y%20%3D%201380%5C%5Cy%20%3D%2020)
Applying the value of "y" we found on the "x" equation above, we have:
Therefore to rent a jet ski you need to pay $50 and to rent a kayak you need to pay $20