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Temka [501]
3 years ago
7

Help asap: Sam is riding his bike home from

Mathematics
1 answer:
Svet_ta [14]3 years ago
3 0

Answer:

3 miles

Step-by-step explanation:

to find the amount of miles it is to the library you have to find how many miles it is when the minutes are zero

so when x = 0 what is y

0 + 7y = 21

7y = 21

y is 3

so that means the library is 3 miles away from his house

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Mr. Hughes has contributed $4000.00 per year for the last ten years into a RRSP account earning 9.00% compounded annually. Suppo
SIZIF [17.4K]

Answer:

A) $93,504.818

B) $40,000

C) $53,504.818

Step-by-step explanation:

Yearly contribution ( periodic payment) = $4000

Period (p) = 10years

Additional period(y) = 5years

Annual interest(r) = 9% = 0.09

Future value (FV) =

periodic payment [(1 + r)^y - 1] / r

4000 [(1 + 0.09)^10 - 1 / 0.09]

4000[1.09^10 - 1 / 0.09]

4000[1.3673636 / 0.09]

4000(15.192929)

= 60771.716

If left for five more years:

FV = 60771.716(1 + r)^n

FV = 60771.716(1 + 0.09)^5

FV = 60771.716(1.09)^5

FV = 60771.716(1.5386239549)

FV = $93,504.818

B) MR. HUGHES CONTRIBUTION :

Periodic payment × p ; $4000 was deposited annually for 10 years.

$4000 × 10 = $40,000

C) Interest = Future value - contribution

$93,504.818 - $40,000

= $53,504.818

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BabaBlast [244]
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sesenic [268]
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What is the value of a in the equation 3a+b=54 , when b=9 ?
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Use substitution method

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