Answer:
$ 50,340.97
Step-by-step explanation:
From the above question, we can deduce that we are to find the Initial amount invested which is also called the Principal.
The formula to find Principal in a compound interest question is:
P = A / (1 + r/n)^nt
Where:
A = Total Amount obtained after invested = $80,000
r = Interest rate = 3.1% = 0.031
n = number of times interest in compounded = Quarterly = 4
t = time in years = 15
P = $80,000/(1 + 0.031/4)^4 × 15
P = $80,000/(1 +0.00775)^60
P = $ 50,340.97
Hence, James would have to invest $50,340.97 today to have $80,000 in 15 years.
Answer:
The actual stage is 42 feet long
Step-by-step explanation:
Step 1
Determine the conversion factor as shown;
1 inch in the drawing represents 3 feet in the actual drawing
To convert a measurement in inches in the drawing to an actual measurement, we use a conversion factor of 3. In the same way, to convert a measurement in feet in the actual stage to the drawing measurement in inches, we use a conversion factor of (1/3).
Step 2
Convert 14 inches in the drawing to the actual measurement of the stage as follows;
Actual stage length=drawing length×conversion factor
where;
drawing length=14 inches
conversion factor=3
replacing;
Actual stage length=(14×3)=42 feet
The actual stage is 42 feet long
well, we're assuming all along that Merina owes Bradford $2000, because in the 1st scenario, she was going to pay twice $1000.
on the 2nd scenario, she'll be paying the same $2000 but split 7 months from now and then 7 months later, same 2000 bucks, at which point Bradford applied 8.5% interest.
using those assumptions, since the wording is not quite clear, we can say that Merina is simply paying 2000 bucks plus the 8.5%
![\begin{array}{|c|ll} \cline{1-1} \textit{a\% of b}\\ \cline{1-1} \\ \left( \cfrac{a}{100} \right)\cdot b \\\\ \cline{1-1} \end{array}~\hspace{5em}\stackrel{\textit{8.5\% of 2000}}{\left( \cfrac{8.5}{100} \right)2000}\implies 170 \\\\[-0.35em] ~\dotfill\\\\ \cfrac{\stackrel{principal}{2000}~~ + ~~\stackrel{interest}{170}}{2}\implies \stackrel{\textit{two equal payments of}}{1085}](https://tex.z-dn.net/?f=%5Cbegin%7Barray%7D%7B%7Cc%7Cll%7D%20%5Ccline%7B1-1%7D%20%5Ctextit%7Ba%5C%25%20of%20b%7D%5C%5C%20%5Ccline%7B1-1%7D%20%5C%5C%20%5Cleft%28%20%5Ccfrac%7Ba%7D%7B100%7D%20%5Cright%29%5Ccdot%20b%20%5C%5C%5C%5C%20%5Ccline%7B1-1%7D%20%5Cend%7Barray%7D~%5Chspace%7B5em%7D%5Cstackrel%7B%5Ctextit%7B8.5%5C%25%20of%202000%7D%7D%7B%5Cleft%28%20%5Ccfrac%7B8.5%7D%7B100%7D%20%5Cright%292000%7D%5Cimplies%20170%20%5C%5C%5C%5C%5B-0.35em%5D%20~%5Cdotfill%5C%5C%5C%5C%20%5Ccfrac%7B%5Cstackrel%7Bprincipal%7D%7B2000%7D~~%20%2B%20~~%5Cstackrel%7Binterest%7D%7B170%7D%7D%7B2%7D%5Cimplies%20%5Cstackrel%7B%5Ctextit%7Btwo%20equal%20payments%20of%7D%7D%7B1085%7D)
The first one
Running forward is adding
Running opposite direction is subtracting
5-5
5-6
6-5
6-0
5-5 is the only one that equals 0
Answer:
add up all the sides!!
6+3+3+3+5+12+4+6=38
so the perimeter is 38 ft
