Answer:
6
Step-by-step explanation:
<h3>Answer: 787.25 dollars</h3>
=============================
Work Shown:
A = final amount after t years = 1000
P = initial deposit = unknown
r = interest rate in decimal form = 0.08
n = compounding frequency = 12
t = number of years = 3
-----
A = P*(1+r/n)^(n*t) is the compound interest formula
1000 = P*(1+0.08/12)^(12*3)
1000 = P*1.27023705162066
1.27023705162066P = 1000
P = 1000/1.27023705162066
P = 787.254629932364
P = 787.25 rounding to the nearest penny
----
note: this assumes that the interest rate stays at 8% the entire three year period; also, you cannot withdraw any money from the account during this time period.
Answer:
135 minutes
Step-by-step explanation:
Let
y -----> the number of pages to finish reading the book
x ----> the number of hours
we know that
The linear equation in slope intercept form is equal to
where
m is the unit rate or slope of the linear equation
b is the y-intercept or initial value
In this problem we have
<em>Xanthia</em>
----> the slope is negative because is a decreasing function
For y=0
substitute and solve for x
---> Xanthia's time to finish reading the book
<em>Molly</em>
----> the slope is negative because is a decreasing function
For y=0
--- Molly's time to finish reading the book
To find out how many more minutes than Xanthia would it take for Molly to finish reading the book, subtract Xanthia's time from Molly's time
Convert to minutes
Multiply by 60
Answer:
x = 22.66
Step-by-step explanation:
