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Dennis_Churaev [7]
3 years ago
14

Edit question_ stats

Mathematics
1 answer:
Tamiku [17]3 years ago
8 0
Wait what is there a question
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You bought an investment for $1000 and 5 years later sold that investment for $1700. Taking into account compounding, what was y
igor_vitrenko [27]

Answer:

11.196%

Step-by-step explanation:

Given:

Buying cost of the investment or the principle amount = $1000

Time, n = 5 years

Selling cost of investment or amount received = $1700

Now,

the formula for compound interest is given as:

\textup{Amount}=\textup{Principle}(1+r)^n

here, r is the rate of interest

on substituting the respective values, we get

\textup{1700}=\textup{1000}(1+r)^5

or

(1 + r)⁵ = 1.7

or

1 + r = 1.11196

or

r = 0.11196

or

r = 0.11196 × 100% = 11.196%

8 0
3 years ago
Twenty less than eight times a number is seventy six
arlik [135]

Answer:

x=12

Step-by-step explanation:

twenty less = -20

from 8(times a number) and the number is unknown which means it would have variable next to the eight = 8x

therefore the equation would look like 8x-20 =76. then solve it like:

8x-20+20=76+20

8x = 96

8x/8=96/8

x= 12

3 0
4 years ago
How can you find the reciprocal of 0.8
Sergeeva-Olga [200]
We know that 0.8 is the same as 4/5. The reciprocal is basically a the denominator over the numerator. So in this case, the reciprocal of 0.8 would be 5/4
5 0
3 years ago
Assume that male and female births are equally likely and that the birth of any child does not affect the probability of the gen
anygoal [31]
The probability is 0.246 or 24.6%.

We can use a binomial distribution for this:

_nC_r(p)^r(1-p)^{n-r}
\\
\\_{10}C_5(0.5)^5(0.5)^5 = 0.246
7 0
3 years ago
The price of an item yesterday was $180. Today, the price rose to $279. Find the percentage increase.
olga55 [171]

Answer: 55%

1. 279 - 180 = 99

2. 99 divided by 180 = 0.55

3. 0.55 x 100 is 55.

55 is the percentage

3 0
3 years ago
Read 2 more answers
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