1) The accumulated amount after six years and the total interest that Trevor will receive if the interest rate is 4.5% per annum simple interest after 6 years are <u>R25,400</u> and <u>R5,400</u> respectively.
2) The accumulated amount after six years and the total interest that Trevor will receive if the interest rate is 4.5% per annum compound interest after 6 years are<u> R26,045.20</u> and <u>R6,045.20</u> respectively.
<h3>Data and Calculations:</h3><h3>Simple Interest:</h3>
Principal = R20,000
Investment period = 6 years
Interest rate = 4.5%
Simple interest for 6 years = R5,400 ($20,000 x 6 x 4.5%)
Principal + Interest = R25,400 (R20,000 + R5,400)
<h3>Compound Interest:</h3>
Principal = R20,000
Investment period = 6 years
Interest rate = 4.5%
N (# of periods) = 6 years
I/Y (Interest per year) = 4.5%
PV (Present Value) = R20,000
PMT (Periodic Payment) = R0
<u>Results</u>:
FV = R26,045.20
Total Interest = R6,045.2
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Answer:
Step-by-step explanation:
Is it possible for Bruce and Felicia to have used the same number of tiles? Use complete sentences to explain your reasoning.
No
5x + 2 ≠ 5x + 5
because
2 ≠ 5
If they each used the same number of tiles, how many tiles were in each box?
6x + 2 = 5x + 17
6x - 5x + 2 - 2 = 5x - 5x + 17 - 2
x = 15 tiles
Answer:
Each Tomskian build 6 igloos per week.
Each Kyzylian build 5 igloos per week.
Step-by-step explanation:
Let T represent the number of Tomskians and K represent the number of Kyzylians the company needs to employ to meet its goal.
The inequality: 
represents the situation that a company plans to build at least 152 igloos in a single week by employing T Tomskians and K Kyzylians.
We can see that 6T represents the number of igloos made by T Tomskians in one week and 5K represents the number of igloos made by K Kyzylians in one week .
Since all Tomskians and Kyzylians build the same number of igloos per week, therefore, each Tomskian build 6 igloos per week and each Kyzylian build 5 igloos per week.
Answer:
x= 0.348 OR X= -1.148
Step-by-step explanation:
Given that:
2x^2+8+3x^2+4x-10
The first step is to rearrange the parameters given, by doing so, we have:
= 2x^2 +3x^2 +4x -10+8
= 5x^2 +4x - 2
The above equation forms the basis of a quadratic equation;
So using quadratic formula
= (-b +/- (√b^2-4ac))/2a
= (-4 +/- (√4^2 -4*5*(-2))/2*5
= -4 +/- (√ 16 - (-40))/10
=( -4 +/- √ 56 ) / 10
=( -4 +√ 56 ) / 10 OR =( -4 - √ 56 ) / 10
= (-4 + 7.48)/10 OR (-4 -7.48)/10
= 3.48/10 OR -11.48/10
= 0.348 OR. -1.148
SO, x= 0.348 OR X= -1.148
