Answer:$6451.6 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.2%. So
r = 7.2/100 = 0.072
It was compounded for 3 years. So
t = 3
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. A is given as $8000 Therefore,
8000 = P (1+0.072/12)^12×3
8000 = P(1+0.006)^36
8000 = P(1.006)^36
P = 8000/1.24
P = $6451.6
Honestly I’m not for sure but I’m think it’s either a or b
No they don't lie on the same line because all coordinate points would be at different distances from the origin. The only way a point could be at the same line as the others would be they would have to have the same x- or y- axis points. (For example: 6,5; 3,5; and 2,5 would all be on the same line, horizontally, because the 5 in all three coordinates refers to the y- axis aka the horizontal axis
Answer:
- 1) 4812 students
- 2) 763 pounds
- 3) $30906.76
Step-by-step explanation:
1)
- Initial number = 2988
- Rate of increase = 10%
<u>Number of students after 6 years:</u>
2)
- Initial number = 1200
- Rate of decrease = 14%
<u>Amount of gold after 4 years:</u>
3)
- Initial number = 28000
- Rate of increase = 2.5%
a)
<u>Salary after n years:</u>
b)
<u>Salary in the 5th year:</u>
Answer:
0 ≤y ≤ 60
Step-by-step explanation:
The range is values the y can take
y goes from 0 to 60
10 ≤y ≤ 60
