Anyone wanna join a christian youth service todays at 7:00 pm?
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That is an annuity and use the attached formula.
Total = 300 * [(1.055)^11 -1] / .055 -300
Total = 300 * <span> <span> <span> 1.8020924036 </span> </span> </span> -1 /.055 -300
Total = 300 * <span>.8020924036 / .055 - 300
</span>Total = 300 * <span> <span> <span> 14.5834982473 </span> </span> </span> -300
Total = <span> <span> <span> 4375.0494741818 </span> </span> </span> -300
Total = <span>4075.05
</span>
Total = 300 * [(1.055)^11 -1] / .055 -300
Total = 300 * <span> <span> <span> 1.8020924036 </span> </span> </span> -1 /.055 -300
Total = 300 * <span>.8020924036 / .055 - 300
</span>Total = 300 * <span> <span> <span> 14.5834982473 </span> </span> </span> -300
Total = <span> <span> <span> 4375.0494741818 </span> </span> </span> -300
Total = <span>4075.05
</span>
Using a system of equations, it is found that initially Ada has $0.385.
For the system, we have that the variables are:
- x is Ada's amount.
- y is Betty's amount.
- z is Chris's amount.
- w is David's amount.
$45 total, hence:
Ada <u>gets 2 from Betty</u>, hence:
<u>Chris triples</u> his money and <u>David's</u> money is <u>cut by half</u> four of them have the same amount, hence:
Then:
Solving for w, we find Ada's initial amount.
Initially, Ada has $0.385.
A similar problem is given at brainly.com/question/6120515