Answer:
Step-by-step explanation:
Let's say the Physics book costs $x
The Chemistry book will cost $x - $6
Two such Chemistry books will cost;
2($x - $6) = $(2x - 12)
Three such Physics books cost $3x
$(2x - 12) + $3x = $123
$5x - $12 = $123
$5x = $111
x = $22
So the Physics book costs; $22
and the Chemistry book costs $22 - 6 = $16
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.
Answer:
need to spend $18 more in addition to $12
Step-by-step explanation:
Given: According to online music store, if you spend $30 or more, you receive 3 songs for free
To find: How much more money need to be spend in addition to $12 to receive three free songs
Solution:
Let x denotes amount to be spend in addition to $12 to receive three free songs
According to question,