ANSWER
EXPLANATION
We want to solve the equation:
To do this, find the square root of both sides of the equation:
This will yield two results:
Solving the two equations, we have:
The solutions are:
Answer:
After 12 years the investment will be worth $5145.
Step-by-step explanation:
The formula used for compounded interest is:
A = P(1+r/n)^nt
where,
A = future value
P = Principal Amount
r = interest rate
n = no of times interest is compounded
t = time
In the question given:
A=?
P = $2100
r = 7.75% or 0.0775
n = 1
t= 12
A= 2100*(1+0.0775/1)^1*12
A= 2100 *(1+0.0775)^12
A= 2100 *(1.0775)^12
A= 2100 * 2.45
A= 5145
So, after 12 years the investment will be worth $5145.
Answer:
A single pencil costs $0.85 and a single eraser costs $0.60
300000*0.02=6000. So John gets 6000 dollars in commission.
Answer:
D, 3/13 simplified from 12/52
Step-by-step explanation:
the reason that it would be 3/13 is because its simplified from 12/52, which is 12 of the possibly of face cards over 52 the amount of cards in the deck, so the possibility was 12/52, but simplified would be 3/13 ! love you !
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