<u>Answer:</u>
5 miles
<u>Step-by-step explanation:</u>
15 × ? = 25
3 × ? = ?
15 × 1 and 2/3 = 25
3 × 1 and 2/3 = ?
3 × 1 and 2/3 = 5
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Let m represent the number of miles traveled. If the whole budget amount of 370 is spent, then ...
... 190 + 0.25m = 370
... 0.25m = 280
... m = 280/0.25 = 1120
For 370, you can travel 1120 miles.
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Answer:
$46,320
Step-by-step explanation:
Given that
The rate of interest is 6.1%
The amount is $71,000
And, the time period is 7 years
We need to find out the invested amount
As we know that
In the compounded continously, the following formula should be used
Amount = Invested amount × e^(rate × time period)
$71,000 = Invested amount × e^(6.1% × 7)
$71,000 = Invested amount × e^0.427
$71,000 = Invested amount × 1.5326
So, the investment amount is
= $71,000 ÷ 1.5326
= $46324,912
= $46,320