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andrew-mc [135]
2 years ago
12

Jacques deposited $1,900 into an account that earns 4% interest compounded semiannually. After t years, Jacques has $3,875. 79 i

n the account. Assuming he made no additional deposits or withdrawals, how long was the money in the account?.
Mathematics
1 answer:
lisabon 2012 [21]2 years ago
5 0

Answer:

T=50.99

Step-by-step explanation:

Given:

I=3,875.78

P=1,900

R=4% I.e 4/100 , 0.04

T=?

I=PRT

3,875.79=($1,900)(0.04)t

3,875.79=76t

3,875.79/76= t

T=50.99

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The values of x and y are 70/22 and 30/22 respectively by using the first-order condition of differential calculus.

<h3>What is the first-order condition in differential calculus?</h3>

A first-order differential equation is represented by the equation \mathbf{ \dfrac{dy}{dx} =f (x,y) }with 2 variables x & y, including its function f(x,y) specified on a xy-plane.

Given that:

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Let us first differentiate the above equation with respect to x, we have:

\mathbf{\dfrac{\partial f(x,y) }{\partial x}  = -44x +22y -0+110-0-0=0}

\mathbf{\implies  -44x +22y+110=0}        (multiply by -1)

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Now, differentiating with respect to y, we have:

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Now, we have a system of equations:

44x - 22y = 110

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<u> 22x - 22y = 40  </u>

<u>22x    + 0  = 70    </u>

<u />

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Replacing the value of x into equation (1), we have:

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Learn more about the first-order conditions in differential calculus here;

brainly.com/question/14528981

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