Ryan was 8 when his parents invested $4000 in a certificate of deposit that pays 6%. If Ryan leaves the account alone until the investment doubles, how old will he be? (Assume that the interest is not compounded.)
<span>This one has a twist to it in that it tells you that the interest is not compounded. </span>
<span>They need to earn $8,000 - $4,000 = $4,000 in interest. </span>
<span>They earn $4,000 X 6% = $240 in interest per year. </span>
<span>$4,000 / $240 = 16.67 </span>
<span>16.67 + 8 = 24.67 </span>
<span>Ryan will be 24 and 8 months old when the investment doubles. </span>
<span>2.)Benjamin has $6000 invested in two accounts. One earns 8% interest per year, and the other pays 7.5% interest per year. If his total interest for the year is $472.50, how much is invested at 8%? </span>
<span>X = the amount invested at 8% </span>
<span>($6,000 - X) = the amount invested at 7.5% </span>
<span>So: </span>
<span>.08X + .075(6,000 - X) = $472.50 </span>
<span>Now solve: </span>
<span>.08X + 450 -.075X = $472.50, this reduces to </span>
<span>.005X = $22.50, which finally reduces to </span>
<span>X = $4,500 </span>
<span>So $6,000 - X = $1,500 </span>
<span>So the answer is: $4,500 is invested at 8% </span>
<span>Test the result </span>
<span>$4,500 X 8% = $360.00 </span>
<span>$1,500 X 7.5% = $112.50 </span>
<span>$360.00 + $112.50 = $472.50, and you've proved your answer</span>
X intercept: when Y = 0
Y intercept: when X = 0
Plug into equation
4x + 6(0) = 12
4x = 12, x = 3
Therefore x int = (3,0)
4(0) + 6y = 12
6y = 12, y = 2
Therefore y int = (0,2)
Plug those points then draw a line through them
Answer:
Suppose a social networking site has roughly 1,000,000 users, and as each member signs up for an account, he or she is assigned a number. Which of these would result in the largest sample size using systematic sampling? A. Surveying every 25,000th number B. Surveying every 25th number C. Surveying every 250th number D. Surveying every 2,500th ...
Step-by-step explanation:
. Then the line integral is given by
