Answer:
Yes.
Step-by-step explanation:
According to the Transitive property of the Algebraic properties of equality, two values are said to be equal is they are differently equal to a corresponding third party. This is, If a=b and b=c then a=c.
Hence, if x=5 and 5=y, then following the transitive property of Algebraic properties of equality, x=y, hence the Algebraic property of equality Justifies the statement.
Answer:
the value of c = 32.13
Step-by-step explanation:
all you had to do was take one of the options and divide it by 2.1 and you'll know you have to right answer when it equals 15.3 but just remember if you are dividing by a smaller number the numerator has to be a bigger number to be able to equal whatever is on the other side of the equals symbol.
sorry I'm bad at explaining but I hope this helps
<em><u>Planning is the process of thinking about the activities required to achieve a desired goal.</u></em>
Current amount in account
P=36948.61
Future value of this amount after n years at i=11% annual interest
F1=P(1+i)^n
=36948.61(1.11)^n
Future value of $3000 annual deposits after n years at i=11%
F2=A((1+i)^n-1)/i
=3000(1.11^n-1)/0.11
We'd like to have F1+F2=280000, so forming following equation:
F1+F2=280000
=>
36948.61(1.11)^n+3000(1.11^n-1)/0.11=280000
We can solve this by trial and error.
The rule of 72 tells us that money at 11% deposited will double in 72/11=6.5 years, approximately.
The initial amount of 36948.61 will become 4 times as much in 13 years, equal to approximately 147800 by then.
Meanwhile the 3000 a year for 13 years has a total of 39000. It will only grow about half as fast, namely doubling in about 13 years, or worth 78000.
Future value at 13 years = 147800+78000=225800.
That will take approximately 2 more years, or 225800*1.11^2=278000.
So our first guess is 15 years, and calculate the target amount
=36948.61(1.11)^15+3000(1.11^15-1)/0.11
=280000.01, right on.
So it takes 15.00 years to reach the goal of 280000 years.
The formula is 3x+14=32.
answer is 6