Please help me out with these problems.
2 answers:
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Answer:
The amount the $20.000 will be worth in 17 years at compound interest is $65068.443
Step-by-step explanation:
Here we have the Principal, P = $20,000.00
The annual interest rate, r = 7% = 0.07
Time , t = 17 years
Number of compounding period per year, m = quarterly = 4
The compound interest can be found from the following formula;
Therefore, by plugging the values of the equation parameters, we have;
Therefore, the amount the $20.000 will be worth in 17 years at compound interest = $65068.443.
Answer:
Tony make 4 half-court shots and misses 16 half-court shots.
Step-by-step explanation:
Given:
Points earned for every successful, half-court shots =
Points deducted for missing the shots = or
Total number of shots in the game =
Final points earned by Tony =
According to the question:
Let the number of successful half-court shot be
And the number of shots missed be
So,
In terms of points we can re-write it as:
⇒
⇒
⇒
⇒
⇒
⇒
⇒
⇒
Tony make 'x' shots that is 4 and the number of shot he missed is (20-x) =(20-4)=16