10 total pieces of the pie
-5
-2
And only 3 remained so your answer would be
3/10
First, convert R percent to r a decimal
r = R/100
r = 7%/100
r = 0.07 per year,
Then, solve our equation for A
A = P(1 + r/n)nt
A = 200.00(1 + 0.005833333/12)(12)(5)
A = $ 283.53
Summary:
The total amount accrued, principal plus interest,
from compound interest on an original principal of
$ 200.00 at a rate of 7% per year
compounded 12 times per year
over 5 years is $ 283.53.
Answer:
I dont get what you are asking can you put more detail for what you want the answer to be please
Step-by-step explanation:
Amount must the owner make to have the cost of the ski lift in 5 years is $6,711,045.22.
<h3>
What is compound interest?</h3>
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest.
A = P(1 + r/n)
P =5,500,000
r =4%= 0.004
n =4
t= 5 years.
Now,
A = P(1 + r/n)
A = 5,500,000.00(1 + 0.04/4)
A = 5,500,000.00(1 + 0.01)
A = $6,711,045.22
Hence, The total amount accrued is $6,711,045.22.
Learn more about compound interest here:
brainly.com/question/14295570
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Answer:
production cost f(x), in dollars, for x number of units produced by company 1:
f(x) = 0.05x^2 − 7x + 300
2) Table that represents the production cost g(x), in dollars, for x number of units produced by company 2:
x g(x)
0.6 899.58
0.8 899.52
1 899.50
1.2 899.52
1.4 899.58
3) Comparison: do a table for f(x) with the same x-values of the table for g(x).
x f(x) = 0.05x^2 − 7x + 300 g(x)
0.6 295.818 899.58
0.8 294.432 899.52
1 293.05 899.50
1.2 291.672 899.52
1.4 290.298 899.58
As you can see the values of f(x) are consistently lower than the values of g(x) for the same x-values.
The minimum production cost for company 2 is around 899.50 at x = 1, while the minimum production cost of company 1 is defintely lower (lower than 292.298 for sure, in fact if you find the vertex it is 55).
Answer: Based on the given information, the minimum production cost for company 2 is greater.
Step-by-step explanation:
