<h3>Answer: 7366.96 dollars</h3>
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Use the compound interest formula:
A = P(1+r/n)^(n*t)
where in this case,
A = 12000 = amount after t years
P = unknown = deposited amount we want to solve for
r = 0.05 = the decimal form of 5% interest
n = 1 = refers to the compounding frequency (annual)
t = 10 = number of years
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Plug all these values into the equation, then solve for P
A = P(1+r/n)^(n*t)
12000 = P(1+0.05/1)^(1*10)
12000 = P(1.05)^(10)
12000 = P(1.62889462677744)
12000 = 1.62889462677744P
1.62889462677744P = 12000
P = 12000/1.62889462677744
P = 7366.95904248911
P = 7366.96
Answer:
infinite
Step-by-step explanation:
because there is an infinite amount of numbers there is an infinite amount of solutions
Answer:
:(
Step-by-step explanation:
use a equation calculator it really helps
Answer:
P is exactly 3km east from the oil refinery.
Step-by-step explanation:
Let's d be the distance in km from the oil refinery to point P. So the horizontal distance from P to the storage is 3 - d and the vertical distance is 2. Hence the diagonal distance is:

So the cost of laying pipe under water with this distance is

And the cost of laying pipe over land from the refinery to point P is 400000d. Hence the total cost:

We can find the minimum value of this by taking the 1st derivative and set it to 0

We can move the first term over to the right hand side and divide both sides by 400000


From here we can square up both sides






d = 3
So the cost of pipeline is minimum when P is exactly 3km east from the oil refinery.