331 students was on a field trip. Six buses were filled and 7 students traveled in cars. How many were in each bus?
1 answer:
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Answer:
d. -38
Step-by-step explanation:
Arithmetic sequence concepts:
The general rule of an arithmetic sequence is as follows:
In which d is the common diference between each term.
We can expand the general equation to find the nth term from the first, by the following equation:
In this question:
17th term:
So the correct answer is:
d. -38
To solve this we are going to use the future value of annuity due formula: ![FV=(1+ \frac{r}{n} )*P[ \frac{(1+ \frac{r}{n})^{kt}-1 }{ \frac{r}{n} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%20%29%2AP%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7Br%7D%7Bn%7D%29%5E%7Bkt%7D-1%20%7D%7B%20%5Cfrac%7Br%7D%7Bn%7D%20%7D%20%5D)
where
is the future value
is the periodic deposit
is the interest rate in decimal form
is the number of times the interest is compounded per year
is the number of deposits per year
We know for our problem that
and 
. To convert the interest rate to decimal form, we are going to divide the rate by 100%: 
. Since Ruben makes the deposits every 6 months, 
. The interest is compounded semiannually, so 2 times per year; therefore, .
Lets replace the values in our formula:
![FV=(1+ \frac{0.1}{2} )*420[ \frac{(1+ \frac{0.1}{2})^{(2)(15)}-1 }{ \frac{01}{2} } ]](https://tex.z-dn.net/?f=FV%3D%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%20%29%2A420%5B%20%5Cfrac%7B%281%2B%20%5Cfrac%7B0.1%7D%7B2%7D%29%5E%7B%282%29%2815%29%7D-1%20%7D%7B%20%5Cfrac%7B01%7D%7B2%7D%20%7D%20%5D)
We can conclude that the correct answer is <span>$29,299.53</span>
where
We know for our problem that
Lets replace the values in our formula:
We can conclude that the correct answer is <span>$29,299.53</span>