You need a compound interest formula solved for principal:
Principal = Total ÷ (1 + Rate)<span> ^ years
</span><span>
Principal = 40,000,/ (1.056) ^ 4
</span><span><span><span>Principal = 40,000 / 1.2435282985
</span>
</span>
</span>
Principal =
<span>
<span>
<span>
32,166.54
</span>
</span>
</span>
So, 32,166.54 deposited for 4 years at 5.6% interest (compounded annually) produces $40,000.
Source:
http://www.1728.org/compint2.htm
Answer:
- g = -1110p +4300.9
- 804 gallons
Step-by-step explanation:
a) Price is the independent variable, so the data we are given can be written as ...
(price, gallons) = (2.99, 982) and (2.79, 1204)
Using the 2-point form of the equation for a line, we have ...
g = (g2 -g1)/(p2 -p1)(p -p1) +g1
g = (1204 -982)/(2.79 -2.99)(p -2.99) +982
g = -1110(p -2.99) +982 = -1110p +4300.9
g = -1110p +4300.9
__
b) When p = 3.15, the predicted sales volume is ...
g = -1110(3.15) +4300.9 = 804.4
Weekly sales are predicted to be 804 gallons at a price of $3.15.
Answer:
67
Step-by-step explanation:
With the information of f(2) = 22-5, you can assume the equation will be f(x) = 11x-5. Using this, you can calculate f(5) by doing 11(5)-5, which is 50. 22-5 is 17, so 50+17=67
Answer:
I think it might be D
Step-by-step explanation:
-4-6 the multiply by -8 so the answer is 80 permdas