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kipiarov [429]
3 years ago
8

What would you have to invest today at 5% interest compounded monthly if you wish to have $20,000 in 10 years?

Mathematics
1 answer:
pogonyaev3 years ago
8 0
Simple intrest:-
Intrest(20000)=(Investment(Unknown so lets say Y)xPercent(5%)xtime(10))/100
=
20000=(Yx5%x10)/100 =
5/100x10=
0.5Y/100x100=20000x100/0.5     Y=4000000
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Solve the system of equations for the variables: 5x+2y=13 x+2y=9
r-ruslan [8.4K]

Answer:

x = 1

y = 4

Step-by-step explanation:

5x + 2y = 13

x + 2y = 9

Add both equations.

6x + 4y = 22

Solve for x.

6x = 22 - 4y

x = 22/6 - 4/6y

Put x as 22/6 - 4/6y in the second equation and solve for y.

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4/3y = 16/3

y = 16/3 × 3/4

y = 48/12

y = 4

Put y as 4 in the first equation and solve for x.

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4 0
3 years ago
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Find the equation of a line that passes through the points (1,2) and (5,6). Leave your answer in the form y=mx+c
Ainat [17]

Answer:

y=x+1

Step-by-step explanation:

first find the slope using the two coordinates:

use the slope formula- m=y^2-y^1/x^2-x^1

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=4/4

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y=mx+b

now plug in one of the coordinates, and the slope we just found into the slope intercept formula

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5 0
3 years ago
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Ainat [17]

Answer:

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Step-by-step explanation:

The length of all four sides of square is equal.

The formula used for finding the area of square is:

Area = (Length) × (Length)

Thus, the Area of square whose length is 2√7 is:

Area = 2√7 × 2√7

⇒ Area = 4 × 7 = 28 inch.

3 0
3 years ago
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