Need answers to three questions in picture will give brainly
2 answers:
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Answer:
$24.35
Step-by-step explanation:
We will use the compound interest formula provided to solve this problem:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First, change 1% into a decimal:
1% -> -> 0.01
Since the interest is compounded monthly, we will use 12 for n. Lets plug in the values now:
Lastly, subtract <em>A </em>from the principal to get the interest earned:
Let's say the numbers are "a" and "b"
hmm say "a" is the smaller, and "b" the greater
so "b" is "4 more than 5 times" "a"
so... 5 times "a" is 5*a or 5a
4 more than "that", will be "that" + 4
or
5a + 4
so.. whatever "a" is, "b" is 5a+4
now, their sum is 22, as opposed to "zz" hehe
so
solve for "a", to see what the smaller one is
what's "b"? well, b = 5a + 4
hmm say "a" is the smaller, and "b" the greater
so "b" is "4 more than 5 times" "a"
so... 5 times "a" is 5*a or 5a
4 more than "that", will be "that" + 4
or
5a + 4
so.. whatever "a" is, "b" is 5a+4
now, their sum is 22, as opposed to "zz" hehe
so
solve for "a", to see what the smaller one is
what's "b"? well, b = 5a + 4