Answer:
$15,539.67
Step-by-step explanation:
Compound Interest Formula
where:
- A = final amount
- P = principal amount
- r = interest rate (in decimal form)
- n = number of times interest applied per time period
- t = number of time periods elapsed
Given:
- P = $11,000
- r = 5.8% = 0.058
- n = 4 (quarterly)
- t = 6 years
Substitute the given values into the formula and solve for A:
Therefore, the value of the investment after 6 years will be $15,539.67 to the nearest cent.
9514 1404 393
Answer:
4/5 acre
Step-by-step explanation:
We assume your allocations are ...
goats: 3/5 acre
pigs: 1/5 acre
llamas: 2/5 acre
2 acres is 10/5 acres, so the remaining area is ...
10/5 -3/5 -1/5 -2/5 = (10 -3 -1 -2)/5 = 4/5
4/5 acre is allocated to horses.
61,361 rounded to the nearest hundred = 61,400
-5x+4y=11
substitute for x which is 5
(-5)(5)+4y=11
simplify :
4y-25=11
add 25 on both sides
4y-25=11
+25 +25
the 25 cancels out
so it would be 4y=36
and you divide both sides by 4
4/4 =36/4
which gives you (5,9)
x= 5 , y =9
