Answer:
17.5% per annum
Step-by-step explanation:
<u>Given:</u>
Money invested = $20,000 at the age of 20 years.
Money expected to be $500,000 at the age of 40.
Time = 40 - 20 = 20 years
<em>Interest is compounded annually.</em>
<u>To find:</u>
Rate of growth = ?
<u>Solution:</u>
First of all, let us have a look at the formula for compound interest.

Where A is the amount after T years compounding at a rate of R% per annum. P is the principal amount.
Here, We are given:
P = $20,000
A = $500,000
T = 20 years
R = ?
Putting all the values in the formula:
![500000 = 20000 \times (1+\frac{R}{100})^{20}\\\Rightarrow \dfrac{500000}{20000} =(1+\frac{R}{100})^{20}\\\Rightarrow 25 =(1+\frac{R}{100})^{20}\\\Rightarrow \sqrt[20]{25} =1+\frac{R}{100}\\\Rightarrow 1.175 = 1+0.01R\\\Rightarrow R \approx17.5\%](https://tex.z-dn.net/?f=500000%20%3D%2020000%20%5Ctimes%20%281%2B%5Cfrac%7BR%7D%7B100%7D%29%5E%7B20%7D%5C%5C%5CRightarrow%20%5Cdfrac%7B500000%7D%7B20000%7D%20%3D%281%2B%5Cfrac%7BR%7D%7B100%7D%29%5E%7B20%7D%5C%5C%5CRightarrow%2025%20%3D%281%2B%5Cfrac%7BR%7D%7B100%7D%29%5E%7B20%7D%5C%5C%5CRightarrow%20%5Csqrt%5B20%5D%7B25%7D%20%3D1%2B%5Cfrac%7BR%7D%7B100%7D%5C%5C%5CRightarrow%201.175%20%3D%201%2B0.01R%5C%5C%5CRightarrow%20R%20%5Capprox17.5%5C%25)
So, the correct answer is
<em>17.5% </em>per annum and compounding annually.
Answer:
525 truckloads
Step-by-step explanation:
First we need to find the volume of the pool. This lets us know how much dirt must be moved.
25*19*5 = 2,375 cubic feet total.
Divide that by 4.53 cubic feet for each load, and we get 524.282 truckloads. Round up to the nearest integer for a final answer of 525 truckloads.
4 and -2.5
You can get this by first factoring the equation.
(2x + 5)(x - 4)
Then set both equal to zero and solve individually.