She bought it at a 15% discount because 15 percent of 40 is 6 and 40-6=34
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:
x= 3.096
Step-by-step explanation:
divide both sides by 5: 3^(x-1)= 10
then take the log to get log_3 (10) = x-1 = 2.096
x= 3.096
The formula of a slope:
We have the points A(-7, a) and B(c, d).
Substitute:
Exception: c ≠ -7.
Answer:
Step-by-step explanation:
A salt solution contains 10% salt and weights 80g.
<u>Salt content of the solution is:</u>
<u>4% solution has 8 g salt, total solution is:</u>
- 0.04x = 8
- x = 8/0.04 = 200 g
<u>Water to be added:</u>
