Select all the points that are on the graph of the equation 4y−6x=12.
1 answer:
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The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
Step-by-step explanation:
The given is,
Future value, F = $15,000
Interest, i = 5.9%
( compounded continuously )
Period, t = 12 years
Step:1
Formula to calculate the present with compounded continuously,
...............(1)
Substitute the values in equation (1) to find the P value,
( ∵
)
( ∵
)
We change the P (Present value) into the left side,
≅ 7389.43
P = $ 7389.43
Result:
The amount of $7389.43 has to be invested at 5.9% interested continuously to have $15,000 after 12 years.
To get the answer we can use proportion
8 ginger ----------------- 3 fruit
12 ginger ----------------x
Crossmultiply now
8x=12*3 /:8
x=
x=<u />
To not change ratio we have to have 4.5 cups of fruilt juice. We initialy had 3, so we have to add 1.5 cup of fruit juice.
8 ginger ----------------- 3 fruit
12 ginger ----------------x
Crossmultiply now
8x=12*3 /:8
x=
x=<u />
To not change ratio we have to have 4.5 cups of fruilt juice. We initialy had 3, so we have to add 1.5 cup of fruit juice.