PLEASE HELP and if you can please explain how you got your answer ty
1 answer:
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Answer:
8
Step-by-step explanation:
Given:
Annuity at time (n + 1) = 13.776
(1 + i)ⁿ = 2.476
Now,
here, d =
thus,
or
d = 0.1071
therefore,
d =
or
0.1071 =
or
0.1071 + 0.1071i = i
or
i = 0.1199
now,
(1 + i)ⁿ = 2.476
or
(1 + 0.1199)ⁿ = 2.476
1.1199ⁿ = 2.476
taking log both sides
n × log(1.1199) = log(2.476)
or
n = 8.006 ≈ 8
hence,
the answer is 8
Please refer to my image where it shows my work as I’m explaining.
Okay, for system 1:
1. I am using the elimination method to solve. So I check if all the terms are lined up and if any are the same. I found that 2X are common in both equations.
2. The goal is to “eliminate” the term hence the name. So I can choose to add or subtract. I chose subtraction because 2 - 2 equals 0 which is our goal. Solve for the rest of the terms. This will lead to getting y =4. Refer to image for the work.
3. Last step to to find the X value. We do this by picking any of the given equations,then substitute y with 4 and solve to eventually get x = 10. Refer to image for the work.
FOR SYSTEM 2:
1. Again, I am using the elimination method to solve. I noticed that NONE of the terms are in common so I will have to intervene. You can chose any term to create a match with but I chose Y since it was the one I could use the smallest number to multiply with. When multiplying, DONT just multiply Y, multiply ALL the terms in the equation or else everything will crash.
2. Now that I have terms in common I can choose to add or subtract. I chose subtraction because 2-2 equals zero which is what we want. Solve look at image for my process which lead to X = -8
3. Last step is to find the value of Y. Chose any of the given equations in system 2 then substitute x with -8. Refer to image to see process. It lead to y = 20
To check the validity of the answers, substitute the x and y values into both equations both side of the equal side should have the same number. Hope that helped!
Okay, for system 1:
1. I am using the elimination method to solve. So I check if all the terms are lined up and if any are the same. I found that 2X are common in both equations.
2. The goal is to “eliminate” the term hence the name. So I can choose to add or subtract. I chose subtraction because 2 - 2 equals 0 which is our goal. Solve for the rest of the terms. This will lead to getting y =4. Refer to image for the work.
3. Last step to to find the X value. We do this by picking any of the given equations,then substitute y with 4 and solve to eventually get x = 10. Refer to image for the work.
FOR SYSTEM 2:
1. Again, I am using the elimination method to solve. I noticed that NONE of the terms are in common so I will have to intervene. You can chose any term to create a match with but I chose Y since it was the one I could use the smallest number to multiply with. When multiplying, DONT just multiply Y, multiply ALL the terms in the equation or else everything will crash.
2. Now that I have terms in common I can choose to add or subtract. I chose subtraction because 2-2 equals zero which is what we want. Solve look at image for my process which lead to X = -8
3. Last step is to find the value of Y. Chose any of the given equations in system 2 then substitute x with -8. Refer to image to see process. It lead to y = 20
To check the validity of the answers, substitute the x and y values into both equations both side of the equal side should have the same number. Hope that helped!