It takes 24 years for the account value to reach the $9600.
Step-by-step explanation:
From the given data, it can be determined that :
Amount = $9600
Principal = $3200
Rate = 8.25% = 0.0825
Number of years should be calculated.
To find the interest :
Amount = Principal + Interest
Therefore, the interest can be calculated by the formula,
Interest = Amount - Principal
⇒ 9600 - 3200
⇒ 6400
The interest needed is 6400.
To find the number of years required to reach this interest :
Use the formula for simple interest,
Simple interest = Pnr /100
where,
P is the principal
n is the number of years
r is the rate
Substitute all the given values in the simple interest formula,
Simple interest = 3200 × n × 0.0825
6400 = 264 n
n = 6400 / 264
n = 24.2 which is approximately 24 years.
Therefore, it takes 24 years for the account value of 3200 dollars to reach 9600 dollars.
Answer:
2, 4
Step-by-step explanation:
Let there are two unknown consecutive pairs of even integers 2n and 2n+2.
If the sum of the reciprocals of those two integers is 3/4, then we can write,
1/2n +1/(2n+2) =3/4 ...... (1)
Solving this above equation we can check whether the integers exist or not.
Now, from equation (1) we get,
1/n +1/(n+1) =3/2
⇒
⇒4n +2 =3n²+3n
⇒3n²-n-2 =0
⇒ (n-1)(3n+2) =0
⇒ (n-1) =0 {Since if (3n+2) =0 then, n will be a negative fraction, which is not possible}
⇒ n=1
∴ 2n =2 and 2n+2 =4
Hence, the two integers are 2, 4. (Answer)
Answer:
Well
1) -2+(-7)
2) -7-2
Step-by-step explanation:
Both equations work and their equivalent
Answer:
43 is the answer to your question
V=7 and v=5 because since it says less than or equal to it has to be a number less than 7 or a number equal to 7