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Alex17521 [72]
2 years ago
13

You have invested $2000 at 3.75% annual interest. How much money do you have after 20 years?

Mathematics
1 answer:
lbvjy [14]2 years ago
6 0

Answer:

  • $3500

Step-by-step explanation:

<u>Let's use PRT/100 to see what will be the total amount.</u>

  • Total amount = Interest + Principle

<u>Solution:</u>

  • PRT/100 = Interest
  • => 2000 x 3.75 x 20 years/100
  • => 20 x 3.75 x 20 = Interest
  • => 2 x 2 x 375 = Interest
  • => 4 x 375 = Interest
  • => 1500 = Interest
  • => Total amount = 1500 + 2000
  • => Total amount = $3500

Hence, after 20 years, the amount earned is $3500.

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A geometric progression has a third term of 20 and a sum of infinity which is 3 times the first term. Find the first term ​
Anna007 [38]

Answer: the first term is 45

Step-by-step explanation:

Step 1: The formular for the nth term is ar^n-1 and since we're solving for the third term ar^3-1 = ar² which is equal to 20

So ar²= 20 and we make this equation i

Step 2: the formular for the sum of infinity is Sn = a/(1-r) and according the question the sum of infinity is equals to 3 *A ( A means the first term)

Further simplification gives us

3a= a/(1-r)

We simplify Futher by multiplying both sides by (1-r)

3a.(1-r) = a/(1-r).(1-r)

3a(1-r)=a

= 3a-3ar=a

Make 3ar the subject of the formula

3ar= 2a and lets make this equation (ii)

Step 3: From the first equation since ar²=20, let's make a the subject of the formula by dividing both sides by r²

Ar²/r² = 20/r²

A=20/r²lets make this equation (iii)

Step 4: subtitle a as 20/r² into equation (ii)

Since 3ar=2a

Then 3.(20/r²).r = 2. 20/r²

= (60/r²) .r = 40/r²

60/r = 40/r2

Multiplying both sides by r² gives us

60r = 40

Divide both sides by 20 gives us

= 3r= 2

Divide both sides by 3 gives us

= r = 2/3

Step 5: substitute r for 2/3 in equation i

ar²= 20

a. (2/3)2 = 20

= a.4/9 = 20

= 4a = 180

= a = 180/4

a = 45

5 0
3 years ago
4.
Fittoniya [83]

Answer:

60

Step-by-step explanation:

200*0.30=60

Multiply the percent's by the total cost.

6 0
2 years ago
Read 2 more answers
Solve for x: 2x - 2 &gt; 4x + 6
laiz [17]

Isolate the x. Subtract 4x from both sides, and add 2 to both sides

2x (-4x) - 2 (+2) > 4x (-4x) + 6 (+2)

2x - 4x > 6 + 2

Simplify. Combine like terms

-2x > 8

Isolate the x. Divide -2 from both sides. Note that you are <em>dividing a negative number</em>. When doing so, flip the sign.

-2x/-2 > 8/-2

x > 8/-2

x < -4

x < -4, or (1) is your answer

hope this helps

7 0
3 years ago
If you divide 42 oranges evenly among 6 people how many oranges will each person have
stepan [7]

Answer:

7

Step-by-step explanation:

We have 42 oranges. we want to split the oranges evenly to 6 people. 42 divided by 6 people equals 7 oranges a person.

4 0
2 years ago
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Arc AB is congruent to arc CD. What is the length of chord AB? AB= (6m-2) CD=(5m+2)
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6m-2=5m+2\\&#10;m=4\\\\&#10;\overline{AB}=6\cdot4-2=24-2=22
6 0
3 years ago
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