There are 2 lines, so this is a system of inequalities.
Find the equation of both lines:
The longer line using points (0,6) and (3,3)
Equation is y = -X+6, the inequality becomes y ≥-x+6
The equation for the shorter line:
Using points (5,1) and (6,2)
Equation is y=x-4, the inequality becomes y≤x-4
The system of inequalities is:
y ≥-x+6
y≤x-4
The interest is a) $7000
b) $17709.73
c) $18672.62
d) $18901.67
What is the formula for simple and compound interest?
Simple interest = (P× r× t)
Compound interest = P(1+r/n)^nt - P
We will find the interest as shown below:
P=$4,000
t=25 years
a) r=7%=0.07
Simple interest = (P× r× t)
= (4000×0.07×25)
= $7000
b) r=7%=0.07
Compound interest = P(1+r)^t - P
= 4000(1+0.07)^25-4000
= $17709.73056
rounding to nearest cents
= $17709.73
c) r=7%=0.07
n=4
Compound interest = P(1+r/n)^nt - P
= 4000(1+0.07/4)^(25*4)-4000
= $18672.62375
rounding to nearest cent
= $18672.62
d) r=7%=0.07
n=12
Compound interest = P(1+r/n)^nt - P
= 4000(1+0.07/12)^(25*12)-4000
= $18901.6728
rounding to nearest cent
= $18901.67
Hence, the interest is a) $7000
b) $17709.73
c) $18672.62
d) $18901.67
Learn more about Interest here:
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Answer:
Step-by-step explanation:
https://drive.google.com/open?id=1QAvmjDjuwgFX0mUdHlWmqMSCJcOVMw2X
To solve this problem, or one of sorts, you can multiply the current price (2.16) by 1.33 (the percentage as a decimal).
2.16*1.33 = 2.8728
Round to two decimal places (and that’s the number of decimal places for money), and you can expect the new price per pound of cherries to be about $2.87.
Eliminate the parameter t:t=y/2
x=y^2/2+3