Answer:
12
Step-by-step explanation:
Answer:
6.
Step-by-step explanation:
We can start by defining a couple things.
x = amount of nickels
y = amount of dimes
Since he has the same amount of each, we can say this.
x = y
And because we know it totals 0.90, we can say this.
0.05x + 0.10y = 0.90
then, we substitute and get this.
0.05x + 0.10x = 0.90
Simplify.
0.15x = 0.90
Divide both sides by 0.15.
x = 6
So we have 6 nickels, and they both are the same, so we have 6 dimes.
Two thousand dollars is invested at 5.5 percent interest compounded
quarterly for 2 years. Then the amount is $ 2230.88
<u>Solution:</u>
Given that Two thousand dollars is invested at 5.5 percent interest compounded quarterly for 2 years
<em><u>The formula for amount using compounded quarterly is given as</u></em>:
Where, "p" is the principal sum
"R" is the rate of interest
"T" is the number of years
Here in this problem,
P = 2000 ; R = 5.5 ; T = 2 years
Plugging in values in formula we get,
On solving we get,
Hence the amount is $ 2230.88
Its a Parellelogram, as the opposite sides are equal.